Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,612 people and two associated neighborhoods, Glencoe is the 244th largest community in Illinois.
Glencoe home prices are not only among the most expensive in Illinois, but Glencoe real estate also consistently ranks among the most expensive in America.
Also of interest is that Glencoe has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 26.39% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Glencoe is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Glencoe is a great place for families with children to consider. First of all, many other families with children live here, making Glencoe a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Glencoe has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Glencoe’s overall crime rate is lower than average for the country.
One downside of living in Glencoe, however, is that residents on average have to contend with a long commute, spending on average 35.17 minutes every day commuting to work. However, local public transit is widely used. For those who would prefer to avoid driving entirely and leave their car at home, it may be an option to use the transit instead.
Even though Glencoe is a smaller village, it has many people who hop on public transportation – mostly the train for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Glencoe. 86.44% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Glencoe in 2022 was $135,540, which is wealthy relative to Illinois and the nation. This equates to an annual income of $542,160 for a family of four.
The people who call Glencoe home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Glencoe residents report their race to be White, followed by Asian. Important ancestries of people in Glencoe include German, Russian, Irish, Polish, and English.
The most common language spoken in Glencoe is English. Other important languages spoken here include Italian and Russian.