It’s happening more and more with greater, often disastrous consequences: catastrophic hurricanes, wildfires, floods (and we’re not even including tornadoes in the list). While these obviously have very dire human consequences, they can can also seriously impact the housing market through home prices and home insurance rates.
While it’s difficult to rate any area as “safe” from climate disasters, there are areas where the risk is lower. The list below includes the percentage of homes that are thought to be the “lowest risk”.
- Akron, OH – 91.1%
- Cleveland, OH – 89.3%
- Seattle, WA – 88.4%
- Columbus, OH – 87.7%
- Cincinnati, OH – 87.7%
- Dayton, OH – 87.2%
- Indianapolis, IN – 86.9%
- Pittsburgh, PA – 84.7%
- Toledo, OH – 83.6%
- Grand Rapids, MI – 82.2%