Theoretical Boundaries of Annual Flood Risk for Single-Family Homes Within the 100-Year Floodplain

Special flood hazard areas (SFHAs), defined as having an annual probability of occurrence of 1 percent or above, are used by U.S. Federal Emergency Management Agency (FEMA) to demarcate areas within which flood insurance purchase is required to secure a mortgage. However, quantifying flood risk within SFHAs can be challenging due to the lack of modeled flood depth data for all return periods. To address this issue, this research quantifies flood risk indicated by average annual loss (AAL) within the A Zone—the subset of the SFHA where wave heights can potentially range from 0 to 3 feet. The methodology resolves the Gumbel quantile function for four distinct flooding cases (i.e., locations flooded at return periods exceeding 1.58-, 10-, 25-, and 50-year return period events) and generates synthetic flood hazard parameters for these cases within the 100-year floodplain, as well as with additional elevation above the base flood elevation (BFE), known as freeboard, for single-family homes with different attributes. The results indicate that for single-family homes in the A Zone, with the lowest floor elevated to the BFE, the AAL ranges from 0.3 to 1 percent of the building replacement cost value. Adding one foot of freeboard reduces flood risk by over 90% if the annual flood risk is between the minimum and 25th percentiles and the 100-year flood depth is less than two feet. The demonstrated approach helps enhance flood resilience in the A Zone, demonstrating the feasibility of proactive measures to protect communities.