Sitting along the coastline of the Big Bend, Wakulla County is located right at the crux between the Florida Panhandle and peninsular Florida. As of 2018, this largely rural county has a population of 31,877, most of which live within the county seat, Crawfordville.
Living in Wakulla
The county is unique in that the majority of it consists of unincorporated towns, including, Crawfordville, which is located south of Tallahassee and is considered part of its metropolitan areas. Around 27,000 residents live in Crawfordville, with another 4,000 residents split between Sopchoppy and Panacea.
Home Values in Wakulla
With a median household income of $62,778, the Wakulla County residents are slightly outearning other areas in the country, as the national median is about $2,500 lower. At the same time, the cost-of-living is relatively low, and the median home value in the county is $174,300, which is relatively low for the area.
Many of the residents in the county are either college students attending schools in Tallahassee or are affiliated with the US Air Force, which employs a significant segment of the county’s residents, which is why Crawfordville is home to so many of them.
Outside of Crawfordville, large portions of the county are taken up by protected areas, including the Apalachicola National Park, the St. Marks Wildlife Refuge, the Ochlockonee River State Park, the San Marcos de Apalache Historic State Park, and the Wakulla Springs State Park.
Home Insurance Premiums in Wakulla County
While homes in Wakulla County have relatively low values considering the county’s proximity to the Gulf, the average homeowners insurance premium definitely reflects the extra risk of damage the area is at-risk for.
As a result, homes with a value of $150,000 in the county that don’t have wind mitigation features have equally expensive premiums compared to newer homes worth $300,000, as you can see in the chart below. That’s because insurance companies will take into account factors like wind mitigation that make your home more or less likely to have damage in the future.
Average Homeowners Premiums in Wakulla County
| Construction Type | Home Value | Average Premium |
|---|---|---|
| Pre-2001 (No Wind Mitigation) | $150,000 | $2,297.56 |
| Pre-2001 (With Wind Mitigation) | $150,000 | $1,322.48 |
| New Construction | $300,000 | $2,268.30 |
| Overall Average | $1,959.44 |
As the table above from Florida’s Office of Insurance Regulation shows, the overall average for homeowners insurance in this county is $1,959. Since home insurance can be pricey in Wakulla County, it’s especially important that you check out what kind of quotes different insurance companies can offer you. The list below shows you the companies that offered the lowest average home insurance premiums in recent years, and they can potentially offer you quotes that cost $1,000 less per year when compared to the county averages.
For $150,000 homes built before 2001 without wind mitigation, the average premium is $2,298.
Here are some budget-friendly options:
- Security First – $1,373
- First Protective – $1,672
- Tower Hill Preferred – $1,690
- Tower Hill Select – $1,717
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction Without Wind Mitigation Rate in Wakulla County
| Company | Annual Premium |
|---|---|
| Security First | $1,374 |
| First Protective | $1,672 |
| Tower Hill Preferred | $1,690 |
| Tower Hill Select | $1,717 |
| Stillwater | $1,723 |
| St. Johns | $1,734 |
| Tower Hill Prime | $1,828 |
| Citizens | $1,839 |
| People's Trust | $1,899 |
| Universal | $1,944 |
| Southern Fidelity | $1,956 |
| Family Security | $2,017 |
| Florida Farm Bureau | $2,146 |
| Castle Key | $2,207 |
| Tower Hill Signature | $2,336 |
| Florida Family | $2,463 |
| Florida Peninsula | $2,469 |
| First Community | $2,491 |
| American Traditions | $2,547 |
| Liberty Mutual | $2,670 |
| American Integrity | $2,794 |
| Auto Club of Florida | $2,838 |
| Southern Oak | $2,874 |
| State Farm Florida | $2,977 |
| ASI | $3,027 |
| FedNat | $3,161 |
| Universal | $3,371 |
| Average | $2,287.56 |
For $150,000 homes built before 2001 with wind mitigation, the average premium is $1,322.
Here are some budget-friendly options:
- First Protective – $821
- St. Johns – $841
- Universal – $870
- Florida Farm – $891
List of Companies & Rates for Home Valued at $150,000, Pre-2001 Construction With Wind Mitigation Rate in Wakulla County
| Company | Annual Premium |
|---|---|
| First Protective | $821 |
| St. Johns | $841 |
| Universal | $870 |
| Florida Farm Bureau | $891 |
| Tower Hill Select | $977 |
| Citizens | $982 |
| Tower Hill Preferred | $1,008 |
| Stillwater | $1,057 |
| Security First | $1,118 |
| Tower Hill Prime | $1,187 |
| FedNat | $1,214 |
| People's Trust | $1,215 |
| Tower Hill Signature | $1,258 |
| Family Security | $1,299 |
| First Community | $1,343 |
| Universal | $1,376 |
| Florida Family | $1,385 |
| American Integrity | $1,392 |
| Southern Fidelity | $1,393 |
| American Traditions | $1,421 |
| Southern Oak | $1,547 |
| Florida Peninsula | $1,683 |
| Castle Key | $1,737 |
| Auto Club of Florida | $1,803 |
| ASI | $1,881 |
| Liberty Mutual | $1,954 |
| State Farm Florida | $2,054 |
| Average | $1,322.48 |
For $300,000 Homes with new construction, the average premium is $2,268.
Here are some budget-friendly options:
- St. Johns – $1,385
- Stillwater – $1,391
- Florida Farm – $1,557
- Tower Hill Select – $1,560
List of Companies & Rates for Home Valued at $300,000, New Construction in Wakulla County
| Company | Annual Premium |
|---|---|
| St. Johns | $1,385 |
| Stillwater | $1,391 |
| Florida Farm Bureau | $1,557 |
| Tower Hill Select | $1,560 |
| First Protective | $1,566 |
| Security First | $1,657 |
| Universal | $1,700 |
| Tower Hill Preferred | $1,787 |
| Southern Oak | $1,858 |
| People's Trust | $1,895 |
| Family Security | $1,988 |
| Citizens | $2,062 |
| American Traditions | $2,216 |
| Tower Hill Prime | $2,253 |
| Tower Hill Signature | $2,374 |
| American Integrity | $2,453 |
| First Community | $2,509 |
| Castle Key | $2,520 |
| Florida Family | $2,556 |
| Universal | $2,644 |
| Auto Club of Florida | $2,651 |
| FedNat | $2,737 |
| Southern Fidelity | $2,757 |
| Florida Peninsula | $2,776 |
| ASI | $2,987 |
| State Farm Florida | $3,580 |
| Liberty Mutual | $3,825 |
| Average | $2,268.30 |
Flood Insurance in Wakulla
When budgeting for your homeownership costs in FL, if you plan to live in Wakulla County, you’ll also need to take into account the cost of a flood insurance policy. Standard home insurance won’t cover any damage due to flood, and with its Gulf coastline, rivers, and lakes, many areas in Wakulla County are vulnerable to flooding due to tropical storms.
Companies like First Protective offer policies through the National Flood Insurance Program. NFIP flood insurance policies are price-controlled by the federal government to keep them affordable for homeowners in at-risk areas, so make sure to contact one of these companies to find out what you can expect to pay for your flood coverage.
