Cape Girardeau, MO — income, home value, property tax, and sales tax.
In ZIP code 63701, which takes in Cape Girardeau, homes carry a median value of $219,800 while households bring in a median $66,654 a year. The county's 0.64% effective property tax rate works out to roughly $1,407 annually on a home at that median value — a figure that stays within reach given the area's earnings. Per-capita income sits at $36,942, and shoppers pay a combined 8.47% sales tax on purchases. Home values here remain within a few years' income for many buyers, so property taxes take a smaller bite than in places where assessments run higher.
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