U.S. ZIP Code · IL62988
Alexander County · Cape Girardeau, MO-IL
Appreciation
- 1-year
- -10.5%
- 5-year / yr
- -7.8%
- 10-year / yr
- —
Relative price
- vs U.S.
- -60.6%
- vs metro
- -45.5%
- vs state
- -41.5%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 62988 is worth $111,817 — 45.5% below the Cape Girardeau, MO-IL median. Over the past year, values have fallen 10.5%. The effective property tax rate is 1.1%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#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
#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
- 5
- Elementary
- 1
- Middle
- 1
- High
- 3
Egyptian Elem School
Elementary · Grades PK–5 · Egyptian CUSD 5
156 students
Egyptian Sr High School
High · Grades 9–12 · Egyptian CUSD 5
88 students
Egyptian Jr High School
Middle · Grades 6–8 · Egyptian CUSD 5
71 students
Five County Reg Voc Center
High · Grades 11–12 · Alxndr/Jcksn/Pulsk/Prry/Union ROE
0 students
Five County Reg Voc System
High · Grades 9–12 · Alxndr/Jcksn/Pulsk/Prry/Union ROE
0 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 62988?
- The typical home in 62988 is worth $111,817, based on the Zillow Home Value Index.
- Are home values rising in 62988?
- Home values in 62988 are down 10.5% over the past year, and down 7.8% a year over five years.
- What is the property tax rate in 62988?
- The effective property tax rate in 62988 is 1.1% — roughly $1,241 a year on a typical home.
- Who lives in 62988?
- ZIP code 62988 has a population of 1,149 and a median household income of $54,779.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Cape Girardeau, MO
- Typical home
- $126,668
- Gross yield
- —
Olive Branch CDP, IL
- Typical home
- $130,696
- Gross yield
- —
East Cape Girardeau, IL
- Typical home
- $81,484
- Gross yield
- —
Cairo, IL
- Typical home
- $40,006
- Gross yield
- —
Marble Hill, MO
- Typical home
- $185,336
- Gross yield
- —
Glen Allen, MO
- Typical home
- $205,196
- Gross yield
- —
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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