Home Insurance in Waukesha, Wisconsin

The median home value in Waukesha is $415,500, close to the Waukesha County median.

The typical home in Waukesha was built around 1978. About 16% of homes were built before 1960, about 4 points below Waukesha County's 20%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.

In Waukesha, the housing stock is 97% single-family homes and 2% apartments in buildings with 5+ units.

In Waukesha, about 69% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.

Waukesha has an owner-occupancy rate of 93% and a vacancy rate of 1%; unoccupied homes typically need a different coverage form.

82% of homes in Waukesha are primarily heated with natural gas.

Waukesha County had 659 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is hail (Relatively High). See the full Waukesha County home insurance overview for all FEMA hazard ratings and flood coverage details.

The statewide average premium for a standard HO-3 homeowners policy in Wisconsin is $923 per year, according to the NAIC homeowners insurance report (2023 data).

Key figures

Median home value$415,500
Median year built1978
Owner-occupied share93%
Share of owner-occupied homes with a mortgage69%
Top county hazardHail (Relatively High)
Active NFIP policies in Waukesha County659
Home insurance premium$923 - statewide average (NAIC, 2023 data)
Key home insurance figures for Waukesha (village), WI

Nearby towns

Sources

Data last updated: 2026-09-29