Home Insurance in Wisconsin Rapids, Wisconsin
The median home value in Wisconsin Rapids is $131,900, 25% lower than the Wood County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Wisconsin Rapids was built around 1964. About 44% of homes were built before 1960, about 10 points above Wood County's 35%.
In Wisconsin Rapids, the housing stock is 69% single-family homes, 20% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
About 56% of owner-occupied homes in Wisconsin Rapids have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 56% of occupied homes in Wisconsin Rapids are owner-occupied.
79% of homes in Wisconsin Rapids are primarily heated with natural gas.
FEMA rates Wood County's overall risk as Relatively Low, led by hail (Relatively Moderate). Wood County had 115 active NFIP flood policies as of September 2026. See the full Wood County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Wisconsin carries a statewide average premium of $923 per year.
Key figures
| Median home value | $131,900 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 56% |
| Top county hazard | Hail (Relatively Moderate) |
| Active NFIP policies in Wood County | 115 |
| Home insurance premium | $923 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)