HousingHandbookReference data

U.S. ZIP Code · IL62914

Alexander County · Cape Girardeau, MO-IL

Typical home value

$40,006[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-18.6%
5-year / yr
-9.7%
10-year / yr

Relative price

vs U.S.
-85.9%
vs metro
-80.5%
vs state
-79.1%
ZIP 62914 location in IL
Location of ZIP 62914 in IL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 62914 is worth $40,006 — 80.5% below the Cape Girardeau, MO-IL median. Over the past year, values have fallen 18.6%. The effective property tax rate is 1.3%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.3%[3]
Typical annual tax
$508[3]

#Climate risk

FEMA National Risk Index ratings for Alexander County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Moderate
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
1,765[3]
Median household income
$41,103[3]

#Migration

Household moves in and out of Alexander County over a year, from IRS tax-return data.

Net migration
-57[5]
Moved in
78
Moved out
135

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
1
Middle
0
High
1
  • Cairo Elementary School

    Elementary · Grades PK–6 · Cairo USD 1

    174 students

  • Cairo Jr/Sr High School

    High · Grades 7–12 · Cairo USD 1

    120 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$202
Loan principal$32,005
Down payment$8,001
Total interest paid$40,820

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$278
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 62914?
The typical home in 62914 is worth $40,006, based on the Zillow Home Value Index.
Are home values rising in 62914?
Home values in 62914 are down 18.6% over the past year, and down 9.7% a year over five years.
What is the property tax rate in 62914?
The effective property tax rate in 62914 is 1.3% — roughly $508 a year on a typical home.
Who lives in 62914?
ZIP code 62914 has a population of 1,765 and a median household income of $41,103.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • East Cape Girardeau, IL

    Typical home
    $81,484
    Gross yield
  • Tamms, IL

    Typical home
    $111,817
    Gross yield
  • Cape Girardeau, MO

    Typical home
    $126,668
    Gross yield
  • Olive Branch CDP, IL

    Typical home
    $130,696
    Gross yield
  • Marble Hill, MO

    Typical home
    $185,336
    Gross yield
  • Glen Allen, MO

    Typical home
    $205,196
    Gross yield

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