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Cape Girardeau

Learn about the people, housing, costs and businesses in Cape Girardeau, Missouri

Median Home$170,637
Median Rent$886/month
Population40,648
Leading IndustriesPublic Administration · Education31% public administration
Home Value Growth+9.2% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners54% of occupied units
NotableAmenity Score77/100 · highly walkable area
Cape Girardeau
MO

Frequently Asked Questions

What are today's mortgage rates in Cape Girardeau?

As of today, the 30-year fixed mortgage rate for Cape Girardeau is approximately 6.998% (7.046% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Cape Girardeau?

The median home value in Cape Girardeau is $171k. The median monthly rent is $886. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cape Girardeau?

Home values in Cape Girardeau have increased 9.2% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cape Girardeau?

Based on a typical all-in ownership cost of $896/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cape Girardeau is $52k/year.

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What industries drive the economy in Cape Girardeau?

The largest employment sectors in Cape Girardeau are public administration (31%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.