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Real Estate Prices & Overview

Median real estate price in the City Center of Cape Girardeau is $130,124, which is less expensive than 85.9% of Missouri neighborhoods and 91.7% of all U.S. neighborhoods.

The average rental price in Cape Girardeau City Center is currently $1,190, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.2% of Missouri neighborhoods.

Cape Girardeau City Center is a suburban neighborhood (based on population density) located in Cape Girardeau, Missouri.

Real estate in the City Center of Cape Girardeau, MO is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Cape Girardeau City Center. The current real estate vacancy rate here is 21.3%. This is higher than the rate of vacancies in 89.9% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Cape Girardeau, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Cape Girardeau City Center neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.4% of all American neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Cape Girardeau City Center neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 69.9% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

An extraordinary 23.1% of the residents of the Cape Girardeau City Center neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

In addition, the Cape Girardeau City Center neighborhood stands out for having an average per capita income lower than 95.9% of the neighborhoods in the United States.

Also, one of the most interesting things about the Cape Girardeau City Center neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 51.0% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.8% of the neighborhoods in America.

Finally, with a nice mix of college students, safety from crime, and decent walkability, the Cape Girardeau City Center neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.7% of the neighborhoods in MO. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Real Estate

Renter-occupied real estate is dominant in the Cape Girardeau City Center neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.4%, which is higher than 96.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cape Girardeau City Center neighborhood. In the Cape Girardeau City Center neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 98.7% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

Diversity

Did you know that the Cape Girardeau City Center neighborhood has more Scots-Irish and Scottish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.6% of this neighborhood's residents have Scots-Irish ancestry and 5.7% have Scottish ancestry.

Cape Girardeau City Center is also pretty special linguistically. Significantly, 5.3% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.7% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the City Center neighborhood in Cape Girardeau are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.9% of U.S. neighborhoods. With 20.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Cape Girardeau City Center neighborhood, 48.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 23.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (14.9%), and 12.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Cape Girardeau City Center neighborhood is English, spoken by 91.2% of households. Some people also speak Japanese (5.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the City Center neighborhood in Cape Girardeau, MO, residents most commonly identify their ethnicity or ancestry as German (15.8%). There are also a number of people of Asian ancestry (9.6%), and residents who report Irish roots (9.3%), and some of the residents are also of Scottish ancestry (5.7%), along with some English ancestry residents (4.7%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Cape Girardeau City Center neighborhood spend under 15 minutes commuting one-way to work (69.9% of working residents), one of the shortest commutes across America.

Here most residents (71.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.0%) and 6.9% of residents also hop out the door and walk to work for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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