Altenburg, Missouri is an unincorporated community in Cape Girardeau County, Missouri. It is a great place to live and work for its small size. Despite its small size, Altenburg still has a few rankings of note that make it an attractive destination for those that are looking to settle down. According to BestPlaces, Altenburg ranks very highly in the categories of Cost of Living Index, Education level, Employment rate and Housing prices. The Cost of Living Index in Altenburg is 10% lower than the national average and 12% lower than the state average. In terms of education level, Altenburg has one of the highest rates in the entire state with 96% of adults over 25 having at least a high school diploma or equivalent. Additionally, employment rate stands at 6%, meaning there are plenty of job opportunities available in this area! Lastly, housing prices remain affordable for those seeking to purchase or rent property here with median home values estimated at $84,100 compared to the national median value of $184,700. All these factors combine to make Altenburg an attractive location for anyone looking to find a new home or start a business.
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