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Cape Girardeau County, MO

RANK #180 / 1001 NAT  ·  #6 / 22 MO  ·  POP 82,735

1YR FORECAST: +2.1%

5YR OUTLOOK: +22%

Our model projects Cape Girardeau County's housing market to grow +2.1% over the next year, significantly outpacing the national average.

[01] Why Cape Girardeau County?

Cape Girardeau County, Missouri, is often recognized for its position along the Mississippi River and as home to Southeast Missouri State University. The city of Cape Girardeau, the county's largest, is approximately 100 miles southeast of St. Louis, offering a regional hub feel without a lengthy commute to a major metropolis. The county seat, Jackson, provides a smaller community atmosphere. Outdoor recreation is accessible, with parks like Cape County Park and Trail of Tears State Park offering trails, fishing, and views of the Mississippi River.

Life in Cape Girardeau County blends small-town living with regional amenities. The area attracts families and professionals, with public schools in the Cape Girardeau School District generally rated above average. The economy is driven by sectors such as healthcare, education, and manufacturing. Recent economic developments indicate investment in manufacturing and technology, with local initiatives supporting business expansion and startups.

MARKET PROFILE

Heartland Steady Growth

Cape Girardeau County is one of 145 U.S. counties in this market profile — near the profile average on the BoomTown Index. Within this cohort, its recent home-price change of +4.4% runs below the profile's typical +4.9%.

See all 145 Heartland Steady Growth counties →

[02] Market Snapshot

Housing Ratio
8.1x

Overvalued relative to economy

Home Prices
+4.4%

Outpacing national median

Climate & Terrain
0.9

Moderate climate & terrain

Price/Rent
17x

Above national median (15x)

Housing looks overvalued at 8.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Saint Francis Healthcare System Healthcare
    2,500+
  2. 2
    Mercy Southeast Healthcare
  3. 3
    Procter & Gamble Manufacturing
    1,000+
  4. 4
    Southeast Missouri State University Education
  5. 5
    Cape Girardeau Public Schools Education
    500+
  6. 6
    Jackson R-II School District Education
    250+
  7. 7
    Community Counseling Center Healthcare
  8. 8
    Century Casino Cape Girardeau Hospitality
  9. 9
    Mondi (Jackson) Manufacturing
  10. 10
    City of Cape Girardeau Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Cape Girardeau County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
82,735
+0.68% YoY
Median Household Income
$68,464
Median Home Value
$220,700
+4.36% 12mo
Median Rent
$881
Average Annual Pay
$54,097
+4.5% YoY
Employment
41,550
+0.2% YoY
Income-to-Home-Value
0.3102
More affordable than average
Migration Inflow
4.65%
of pop. from another state
Bachelor's Degree+
33.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$250,000
Days on Market
38
Active market
Months of Supply
1.7
Seller's market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
23.9%
Listings w/ Price Drops
27.5%
Building Permits (2025)
99
Single-Family Permits
99

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.1
per 100K · nat avg 6.5
Firearm Fatalities
17.9
per 100K · nat avg 13.4
Injury Deaths
76.8
per 100K · nat avg 83.6
vs National Average
Near national avg
based on homicide rate
10-Year Trend
Up 126% since 2015
homicide rate, 2015 → 2025

Source: Homicide rates from CDC/NCHS vital-statistics mortality data — a multi-year average that stabilizes counts in smaller counties — compiled in the County Health Rankings 2025 release. Rates per 100,000 population; U.S. average ≈ 6.5. Grade reflects homicide rate relative to the national average. Learn more →

See where Cape Girardeau County stands nationally: safest large counties in America · highest homicide-rate counties.

[06] Capital Investment

$647M
TOTAL
PROJECT AMOUNT STATUS
Delta Bobcat Solar Project (also referred to as Cape Girardeau Solar PV Park and Lutesville Solar Project)
NextEra Energy Resources
$297M Planned
LUTESVILLE Battery Project
N/A
$250M Planned
SEMO Industrial Park Infrastructure
SEMO REDI
$50M Under Construction
Strip Mall and Restaurants (behind Melaina's Playground)
Mid America Hotels
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

Population Growth +0.7% 53 percentile
Income Growth -0.7% 4 percentile
Vacancy Rate 1.6% 15 percentile
Home Price Change +4.4% 79 percentile
Rent Growth +3.3% 53 percentile
Price/Rent 17x 30 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

Is Cape Girardeau County, MO a good place to move to?

Cape Girardeau County ranks #180 out of 1001 U.S. counties on the Boom Town Index with a score of 82/100, placing it in the top tier nationally. Median household income is $68,464 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Cape Girardeau County affordable?

Housing in Cape Girardeau County is roughly in line with national affordability norms. The median home costs $220,700 and the income-to-home-value ratio sits at 0.31, with rents averaging $881/month. Not a bargain, but not a stretch for most local earners either.

Is Cape Girardeau County growing or shrinking?

Cape Girardeau County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of +0.2%). Home values shifted +4.4% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Cape Girardeau County?

There's a moderate stream of newcomers. About 4.65% of residents moved from another state, which is above average and suggests Cape Girardeau County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Greene County, MO 80 Cole County, MO 88 Jasper County, MO 89 Pulaski County, MO 74 Cass County, MO 73 Franklin County, MO 95 DeKalb County, AL 82 Columbia County, FL 82