HousingHandbookReference data

U.S. ZIP Code · MO64123

Jackson County · Kansas City, MO-KS

Typical home value

$124,826[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.5%
5-year / yr
+5.6%
10-year / yr
+13.3%

Relative price

vs U.S.
-56.1%
vs metro
-59.9%
vs state
-48.1%
ZIP 64123 location in MO
Location of ZIP 64123 in MO

Price history

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

The typical home in 64123 is worth $124,826 — 59.9% below the Kansas City, MO-KS median. Over the past year, values have fallen 2.5%. Homes here rent for a typical $1,297 a month — a 12.5% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
$1,297[2]
Gross yield
12.5%[2]
Cap rate
7.5%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$1,041[3]

#Climate risk

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

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
No Rating
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
11,833[3]
Median household income
$54,443[3]

#Migration

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

Net migration
+605[5]
Moved in
20,364
Moved out
19,759

Schools

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

Public schools
2
Elementary
2
Middle
0
High
0
  • GLADSTONE ELEMENTARY

    Elementary · Grades PK–6 · KANSAS CITY 33

    403 students

  • JAMES ELEMENTARY

    Elementary · Grades PK–6 · KANSAS CITY 33

    261 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 yield12.5%
Net yield (after ~40% expenses)7.5%
Annual rent$15,564

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$631
Loan principal$99,861
Down payment$24,965
Total interest paid$127,367

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 ratio0.63
Monthly cost to own$822
Monthly rent$1,297

Owning is meaningfully cheaper month-to-month.

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
39th percentile[1]
Rental yield
97th percentile[2]
Property tax
30th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 64123?
The typical home in 64123 is worth $124,826, based on the Zillow Home Value Index.
Are home values rising in 64123?
Home values in 64123 are down 2.5% over the past year, and up 5.6% a year over five years.
What is the typical rent in 64123?
A typical home in 64123 rents for about $1,297 a month, a gross rental yield of 12.5%.
What is the property tax rate in 64123?
The effective property tax rate in 64123 is 0.8% — roughly $1,041 a year on a typical home.
Who lives in 64123?
ZIP code 64123 has a population of 11,833 and a median household income of $54,443.

#Comparable ZIPs

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

  • Independence, MO

    Typical home
    $122,944
    Gross yield
    10.4%
  • Kansas City, KS

    Typical home
    $127,172
    Gross yield
    11.4%
  • Kansas City, MO

    Typical home
    $122,334
    Gross yield
    9.4%
  • Mound City, KS

    Typical home
    $127,650
    Gross yield
  • Kansas City, KS

    Typical home
    $127,868
    Gross yield
  • Kansas City, MO

    Typical home
    $116,175
    Gross yield
    12.5%

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