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Iowa Home Insurance Estimator โ€” Updated 2026

State abbreviation: IA

Homeowners insurance in Iowa averages $1,320/year, depending on home value, location (wildfire/flood zones), age, and coverage limits. For a home valued at $245,000, you should budget 0.54% of its value annually for insurance. Insurance costs here are near or below the national average.

Iowa Financial Data (2026)

State Tax Rate
5.7%
Property Tax Rate
1.57%
Median Home Price
$245,000
Avg Insurance Cost
$1,320/year
Cost of Living Index
87
State Abbreviation
IA