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61774 Homeowners Insurance Quotes & Rates

Stanford residents living within the 355 homes available in the zip code of 61774 are shopping online to compare cheaper and more affordable Stanford, IL home insurance rates. In the great city of Stanford, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of Illinois is around $839 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 61774 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 61774 home insurance rates today! Please give us a call now at 1-855-976-2656. For Stanford, IL Homeowners Insurance Quotes, Click to easily get started!

61774 Home Insurance Average Premiums

Local 61774 homeowners insurance quotes comparison

$589 /yr.

Shows Zip Code: 61774 lowest rates with discounts applied on average.

For the 61774, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$589 /yr.
Average Coverage:$839 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1139 /yr.

What is the average home insurance cost for a home in 61774?

  • • The average homeowners insurance premium paid annually for a home in 61774 is around $839 per year.

What does it cost on average per month for home insurance in 61774?

  • • Homeowners in 61774 pay a monthly average cost per month around $70.00.

What kind of discount could I get if I combine my home and auto insurance together in 61774?

  • • Autoowners in 61774 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Stanford area, check out other zip codes nearby 61774.
Review average rates in another zip code:
61774 homeowners insurance rates

Home Replacement Cost Coverage in 61774

Average Building Cost Per Square Foot in 61774: $154

Location: Stanford, Illinois (Mclean County)

Average Square Footage in 61774: 745 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 61774 before you start any project. Stanford homeowners pay on average around $154 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 61774 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 61774 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 745 sq. ft. and the average cost to rebuild the home in this area is around $154 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Stanford area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$154745$114,800
Additional Upgrades & Added Features$193745$143,500
Major Home Updates or Advancements$231745$172,200

It's important to understand that when you estimate your replacement cost of your home in the 61774 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 61774

Best Home & Auto Insurance Agencies in 61774

Housing Demographics for 61774

Population Review for 61774 Zip Code

For the city of Stanford, the population within 61774 has increased to over 534 residents in population size. The current population total is 949. We have broken down the population based on race below. In 61774, there are over 484 in male population and 465 females.

PopulationValues
Total Population949
White Population890
Black Population4
Hispanic Population10
Asian Population4
Hawaiian Population0
Indian Population0
Other Population7
Male Population484
Female Population465
Population Estimate534

Household Data for 61774

The average number of homes in 61774 is around 355, there are an average of 2.67 per household. The average house value according to local real estate values is around $114,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode355
Persons Per Household2.67
Average House Value$114,800
Income Per Household$77656
Median Age40.4
Median Age Male38.1
Median Age Female42.9
61774 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code309
CityStanford
City Alias NameSTANFORD
CountyMclean
County FIPS113
State FIPS17
Time Zone6
Day Light SavingY
MSA1040
PMSA
CSA145
CBSA14010
CBSA_DIV
CBSA_TypeMetro
CBSA_NameBloomington, IL
MSA_NameBloomington-Normal, IL MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses9
Number Of Employees29
Business First Quarter Payroll408
Business Annual Payroll1971
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District16|17
Congressional LandArea7917.49|6933.08
Delivery Residential200
Delivery Business4
Delivery Total400
Preferred Last Line KeyW15143
Classification Code
Multi-CountyY
CSA NameBloomington-Pontiac, IL
CBSA_DIV_Name
City State KeyW15143
Land Area42.864000
Water Area0.006000
City Alias Code
City Mixed CaseStanford
City Alias Mixed CaseStanford
Box Count185
SFDU200
MFDU0
State ANSI17
County ANSI113
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number167440
Unique ZIP Name
SSA State County Code14650
Medicare CBSA Code14010
Medicare CBSA NameBloomington, IL
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseMclean

Illinois Homeowners Insurance News & Information

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