Insurance vs. Property Tax
In many U.S. counties, rising insurance premiums now exceed property taxes. Explore the reversal.
π‘ The Hidden Cost Reversal
Traditionally, property taxes were the largest recurring cost of homeownership after the mortgage. However, climate risks and inflation have driven insurance premiums so high that in many counties, insurance now costs more than property taxes.
Top 100 Counties (Insurance > Property Tax)
| # | County | Annual Insurance | Annual Property Tax | Insurance / Tax Ratio |
|---|---|---|---|---|
| 1 | West Carroll Parish, LA | $4,500 | $199 | 22.61x |
| 2 | Tensas Parish, LA | $4,500 | $221 | 20.36x |
| 3 | Avoyelles Parish, LA | $4,500 | $249 | 18.07x |
| 4 | Allen Parish, LA | $4,500 | $267 | 16.85x |
| 5 | East Carroll Parish, LA | $4,500 | $277 | 16.25x |
| 6 | Bienville Parish, LA | $4,500 | $301 | 14.95x |
| 7 | Madison Parish, LA | $4,500 | $313 | 14.38x |
| 8 | Winn Parish, LA | $4,500 | $325 | 13.85x |
| 9 | Catahoula Parish, LA | $4,500 | $325 | 13.85x |
| 10 | East Feliciana Parish, LA | $4,500 | $339 | 13.27x |
| 11 | Franklin Parish, LA | $4,500 | $351 | 12.82x |
| 12 | Jackson Parish, LA | $4,500 | $352 | 12.78x |
| 13 | Claiborne Parish, LA | $4,500 | $356 | 12.64x |
| 14 | Evangeline Parish, LA | $4,500 | $362 | 12.43x |
| 15 | Choctaw County, AL | $2,480 | $207 | 11.98x |
| 16 | Concordia Parish, LA | $4,500 | $384 | 11.72x |
| 17 | Richland Parish, LA | $4,500 | $401 | 11.22x |
| 18 | St. Landry Parish, LA | $4,500 | $411 | 10.95x |
| 19 | Webster Parish, LA | $4,500 | $412 | 10.92x |
| 20 | Caldwell Parish, LA | $4,500 | $415 | 10.84x |
| 21 | McMullen County, TX | $4,200 | $400 | 10.5x |
| 22 | Jefferson Davis Parish, LA | $4,500 | $442 | 10.18x |
| 23 | Oglala Lakota County, SD | $2,000 | $199 | 10.05x |
| 24 | Holmes County, FL | $6,000 | $600 | 10.0x |
| 25 | Jackson County, FL | $6,000 | $609 | 9.85x |
| 26 | St. Helena Parish, LA | $4,500 | $469 | 9.59x |
| 27 | Acadia Parish, LA | $4,500 | $483 | 9.32x |
| 28 | Sabine Parish, LA | $4,500 | $484 | 9.3x |
| 29 | Lamar County, AL | $2,480 | $274 | 9.05x |
| 30 | Red River Parish, LA | $4,500 | $506 | 8.89x |
| 31 | Washington Parish, LA | $4,500 | $507 | 8.88x |
| 32 | Cimarron County, OK | $3,500 | $395 | 8.86x |
| 33 | Perry County, AL | $2,480 | $281 | 8.83x |
| 34 | Union Parish, LA | $4,500 | $518 | 8.69x |
| 35 | Morehouse Parish, LA | $4,500 | $530 | 8.49x |
| 36 | LaSalle Parish, LA | $4,500 | $532 | 8.46x |
| 37 | De Soto Parish, LA | $4,500 | $540 | 8.33x |
| 38 | Bibb County, AL | $2,480 | $298 | 8.32x |
| 39 | St. Mary Parish, LA | $4,500 | $545 | 8.26x |
| 40 | Marion County, AL | $2,480 | $301 | 8.24x |
| 41 | Calhoun County, FL | $6,000 | $734 | 8.17x |
| 42 | Assumption Parish, LA | $4,500 | $552 | 8.15x |
| 43 | Iberville Parish, LA | $4,500 | $556 | 8.09x |
| 44 | Taylor County, FL | $6,000 | $750 | 8.0x |
| 45 | Pointe Coupee Parish, LA | $4,500 | $565 | 7.96x |
| 46 | Coosa County, AL | $2,480 | $315 | 7.87x |
| 47 | Beauregard Parish, LA | $4,500 | $576 | 7.81x |
| 48 | Wilcox County, AL | $2,480 | $319 | 7.77x |
| 49 | Jackson County, CO | $3,200 | $416 | 7.69x |
| 50 | Vermilion Parish, LA | $4,500 | $589 | 7.64x |
| 51 | Iberia Parish, LA | $4,500 | $593 | 7.59x |
| 52 | Washington County, FL | $6,000 | $792 | 7.58x |
| 53 | Clay County, AL | $2,480 | $331 | 7.49x |
| 54 | Conecuh County, AL | $2,480 | $331 | 7.49x |
| 55 | Bullock County, AL | $2,480 | $332 | 7.47x |
| 56 | Dixie County, FL | $6,000 | $813 | 7.38x |
| 57 | Lowndes County, AL | $2,480 | $337 | 7.36x |
| 58 | Hamilton County, FL | $6,000 | $816 | 7.35x |
| 59 | Harding County, NM | $2,200 | $305 | 7.21x |
| 60 | Cochran County, TX | $4,200 | $583 | 7.2x |
| 61 | Tillman County, OK | $3,500 | $500 | 7.0x |
| 62 | Fayette County, AL | $2,480 | $355 | 6.99x |
| 63 | Walker County, AL | $2,480 | $356 | 6.97x |
| 64 | Lafayette County, FL | $6,000 | $863 | 6.95x |
| 65 | Sumter County, AL | $2,480 | $359 | 6.91x |
| 66 | Lee County, AR | $2,400 | $349 | 6.88x |
| 67 | Butler County, AL | $2,480 | $362 | 6.85x |
| 68 | Grant County, OK | $3,500 | $513 | 6.82x |
| 69 | Pickens County, AL | $2,480 | $364 | 6.81x |
| 70 | Washington County, AL | $2,480 | $365 | 6.79x |
| 71 | Jefferson County, OK | $3,500 | $517 | 6.77x |
| 72 | Pushmataha County, OK | $3,500 | $518 | 6.76x |
| 73 | Choctaw County, OK | $3,500 | $520 | 6.73x |
| 74 | Crenshaw County, AL | $2,480 | $369 | 6.72x |
| 75 | McCurtain County, OK | $3,500 | $528 | 6.63x |
| 76 | Prowers County, CO | $3,200 | $487 | 6.57x |
| 77 | Winston County, AL | $2,480 | $380 | 6.53x |
| 78 | Harmon County, OK | $3,500 | $537 | 6.52x |
| 79 | Monroe County, AL | $2,480 | $381 | 6.51x |
| 80 | Amite County, MS | $2,500 | $386 | 6.48x |
| 81 | Gadsden County, FL | $6,000 | $927 | 6.47x |
| 82 | Greer County, OK | $3,500 | $545 | 6.42x |
| 83 | Dallas County, AL | $2,480 | $392 | 6.33x |
| 84 | Clarke County, AL | $2,480 | $396 | 6.26x |
| 85 | Kiowa County, OK | $3,500 | $560 | 6.25x |
| 86 | Okfuskee County, OK | $3,500 | $560 | 6.25x |
| 87 | Covington County, AL | $2,480 | $397 | 6.25x |
| 88 | Madison County, FL | $6,000 | $965 | 6.22x |
| 89 | San Augustine County, TX | $4,200 | $676 | 6.21x |
| 90 | St. Martin Parish, LA | $4,500 | $725 | 6.21x |
| 91 | Claiborne County, MS | $2,500 | $403 | 6.2x |
| 92 | Bent County, CO | $3,200 | $517 | 6.19x |
| 93 | Cottle County, TX | $4,200 | $680 | 6.18x |
| 94 | Latimer County, OK | $3,500 | $567 | 6.17x |
| 95 | Otero County, CO | $3,200 | $520 | 6.15x |
| 96 | Adair County, OK | $3,500 | $569 | 6.15x |
| 97 | Crowley County, CO | $3,200 | $521 | 6.14x |
| 98 | Union County, FL | $6,000 | $980 | 6.12x |
| 99 | Hale County, AL | $2,480 | $406 | 6.11x |
| 100 | Marengo County, AL | $2,480 | $409 | 6.06x |