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Flood insurance cost · ZIP 07470 · NJ

Flood insurance cost in ZIP 07470 (Wayne, NJ)

What homeowners with a National Flood Insurance Program policy actually pay, from FEMA's records of 343 home policies in force on August 31, 2026.

ZIP code 07470 (Wayne, NJ)Policies in force on Aug 31, 2026

Median annual cost of NFIP flood insurance for a home

$2,294a year

Half of insured homes paid between $1,202 and $3,996. That is 15% more than the Passaic County median ($1,991). Most insured homes here are rated in zone AE (80%).

$0$1,202 · $2,294 · $3,996$4,995
+5.5% vs Aug 31, 2025 (median $2,175)
343home policies in force
$2,741average cost (mean)
83%of insured homes in high-risk zones (A, V)
$250,000median building coverage

This is what policyholders paid, not a quote. Two neighbors can pay very different prices: NFIP prices depend on the building (elevation, foundation, number of floors, replacement cost), the coverage and deductible chosen and the distance to water (FEMA FloodSmart: premium factors). For a price for your building, ask an insurance agent. Private flood insurance is not included in these figures.

Cost by flood zone in ZIP code 07470

The flood zone on FEMA's map is one of the main price factors. Median and middle half of what insured homes paid, by the zone used to rate the policy.

Flood zoneMedianMiddle half (25th–75th percentile)AveragePoliciesvs last year
Zone AE
High risk		$2,946$1,478–$4,286$3,141276 (80%)+3.8%
Zone A
High risk		$1,348$1,045–$1,370$1,41510 (3%)+15.5%
Zone X
Moderate to low risk		$1,084$793–$1,205$1,03457 (17%)+7.9%

Not shown (fewer than 10 home policies): VE, AO, AH, A99/AR, D. Shares are of all insured homes; a few policies have no rated zone. "vs last year" compares medians with policies in force a year earlier.

Cost by type of building

All NFIP policies in force in ZIP code 07470, by what they insure.

Type of buildingPoliciesMedianAverage
Single-family home330$2,314$2,729
Non-residential building or unit
Businesses, churches, farm buildings and other non-residential property.		102$3,805$5,429

Not shown (fewer than 10 policies): 2–4 unit building, manufactured (mobile) home, condo or apartment unit, whole residential building (5+ units or condo association).

452NFIP policies in force, any building
464insured units (condo association policies count every unit)
58%of home policies also cover contents
$33,000median contents coverage, when bought

One year on: ZIP code 07470

Policies in force on August 31, 2026 compared with a year earlier. Nationwide, practically all policies in both years carry FEMA's Risk Rating 2.0 occupancy codes, so both years use the same pricing system. The policies are not the same: some were new, some lapsed.

Aug 31, 2025Aug 31, 2026Change
Home policies in force363343−5.5%
Median annual cost$2,175$2,294+5.5%
Average annual cost$2,612$2,741+4.9%
All policies in force (any building)476452−5.0%

Flood claims history

Since 1978, NFIP policyholders in ZIP 07470 have filed 6,425 flood claims. 5,579 received a payment, for a total of $123.7 million (an average of $22,175 per paid claim). The year with the most claims was 2011 (1,551 claims). Amounts are in dollars of the time, not adjusted for inflation.

05001k1.5k2k1978: 111 claims, 100 paid, $112,887 in total1979: 191 claims, 176 paid, $245,298 in total1980: 324 claims, 256 paid, $613,635 in total19801983: 345 claims, 277 paid, $798,267 in total1984: 604 claims, 551 paid, $9,141,069 in total19841987: 238 claims, 141 paid, $369,479 in total1989: 213 claims, 176 paid, $813,464 in total19901992: 10 claims1993: 51 claims, 40 paid, $141,738 in total1996: 110 claims, 90 paid, $528,122 in total1998: 68 claims, 43 paid, $173,943 in total1999: 447 claims, 392 paid, $6,392,298 in total20002003: 33 claims, 22 paid, $160,278 in total2005: 581 claims, 514 paid, $7,562,278 in total2007: 582 claims, 553 paid, $16,139,473 in total2008: 14 claims, 11 paid, $70,635 in total2010: 627 claims, 598 paid, $17,921,488 in total201020102011: 1,551 claims, 1,379 paid, $57,097,013 in total20112014: 10 claims2018: 17 claims, 10 paid, $126,480 in total20202021: 85 claims, 73 paid, $1,349,679 in total2023: 88 claims, 79 paid, $2,941,974 in total2024: 45 claims, 37 paid, $537,647 in total
Flood claims per year of loss, 1978–2026. Years with fewer than 10 claims are left blank. Hover a bar for details.
All years with at least 10 claims (23)

Swipe the table sideways to see all columns.

Year of lossClaimsPaid claimsTotal paidAverage per paid claim
20244537$537,647$14,531
20238879$2,941,974$37,240
20218573$1,349,679$18,489
20181710$126,480$12,648
201410<10––
20111,5511,379$57,097,013$41,405
2010627598$17,921,488$29,969
20081411$70,635$6,421
2007582553$16,139,473$29,185
2005581514$7,562,278$14,713
20033322$160,278$7,285
1999447392$6,392,298$16,307
19986843$173,943$4,045
199611090$528,122$5,868
19935140$141,738$3,543
199210<10––
1989213176$813,464$4,622
1987238141$369,479$2,620
1984604551$9,141,069$16,590
1983345277$798,267$2,882
1980324256$613,635$2,397
1979191176$245,298$1,394
1978111100$112,887$1,129

From 2016 to 2026: 235 claims (counting only years with at least 10). 2026 is a partial year. Claims are counted where the insured property is; they include buildings and contents, homes and businesses.

NFIP communities in this ZIP code

Wayne (343 home policies). A ZIP code can cross city and county lines; each policy is counted once, in the ZIP code reported for the insured building.