Jefferson City, MO · Missouri

Cole County

ZIP 65023

76,924 residents168 permits TTM$73,273 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$214,400

ACS 5-Year

Cap rate proxy

4.5%

FMR × 0.65 ÷ Home Value

Rent-to-income

13.2%

HUD FMR ÷ ACS HHI

Net migration

+1.55%

IRS SOI

Permits (TTM)

168

Census BPS

Climate risk

73.4

FEMA NRI (0–100)

ZIP 65023

Median home value

Gross yield

Cap rate

3.1%

Rent gap

Affordability

P/I: 4.3R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown6 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
651013.9%
650764.5%
651094.8%
650233.1%
650402.7%

Ranked by composite score

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Demographics

Owner-occupied

67.4%

Census ACS

Vacancy rate

7.9%

Census ACS

Bachelor's degree +

37.5%

Census ACS

Rent burdened

31.8%

Census ACS (>30% income)

Median age

39.7

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026