Real estate in popular Glencoe neighborhoods
Popular real estate near Glencoe, IL
Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,760 people and two constituent neighborhoods, Glencoe is the 242nd 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.
Glencoe is a decidedly white-collar village, with fully 95.52% of the workforce employed in white-collar jobs, well above the national average. Overall, Glencoe is a village of professionals, managers and sales and office workers. There are especially a lot of people living in Glencoe who work in management occupations (20.39%), sales jobs (16.84%) and legal occupations (15.67%).
Telecommuters are a relatively large percentage of the workforce: 11.48% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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 people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
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 ranks among the lowest in the country, making it one of the safest places to raise a family.
One downside of living in Glencoe is that it can take a long time to commute to work. In Glencoe, the average commute to work is 35.24 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
In Glencoe, a lot of people use the train to get to work every day though Glencoe is a relatively small village. Those that ride the train are primarily traveling out of town to good jobs in other cities.
Do you like to read, write and learn? If you move to Glencoe, you'll likely find that many of your neighbors like to as well. Glencoe is one of the more educated communities in America, with a full 83.66% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Glencoe in 2010 was $104,919, which is wealthy relative to Illinois and the nation. This equates to an annual income of $419,676 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, Italian and English.
The most common language spoken in Glencoe is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||3,013|
|GLENCOE HOME OWNERSHIP|
|% OWNER OCCUPIED||92.17%|
|% RENTER OCCUPIED||7.83%|
|TYPE OF GLENCOE HOMES|
|SINGLE FAMILY DETACHED||88.16%|
|ROWHOUSES AND ATTACHED HOMES||2.55%|
|SMALL APARTMENT BUILDINGS||3.81%|
|COMPLEXES OR HIGH RISE APARTMENTS||5.49%|
|SIZE OF GLENCOE HOMES|
|5 OR MORE BEDROOMS||31.30%|
|AGE OF GLENCOE HOMES|
|NEWER HOMES (2000 OR LATER)||11.11%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||11.60%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||42.07%|
|HISTORIC (1939 OR BEFORE)||35.23%|
|GLENCOE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$812,441|
|MEDIAN RENTAL PRICE||$1,186|
|HOME VALUE RANGE|
|$0 - $43,000||0.60%|
|$43,001 - $87,000||0.00%|
|$87,001 - $173,000||2.30%|
|$173,001 - $260,000||5.03%|
|$260,001 - $346,000||4.71%|
|$346,001 - $433,000||2.41%|
|$433,001 - $650,000||17.18%|
|$650,001 - $866,000||20.09%|
|PEOPLE OF GLENCOE||DETAILS|
|UNDER 5 YEARS||4.79%|
|5 TO 17||26.79%|
|18 TO 24||4.36%|
|25 TO 34||3.16%|
|35 TO 54||31.72%|
|55 TO 64||14.74%|
|65 YEARS AND OVER||14.43%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||100.00%|
|MEDIAN HOUSEHOLD INCOME||$193,571|
|PER CAPITA INCOME||$104,919|
|INDIVIDUALS BELOW POVERTY LEVEL||4.20%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (24.52%)
Real estate (4.09%)
Public Service (2.42%)
|BLACK OR AFRICAN AMERICAN||1.23%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.09%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.01%|
|SOME OTHER RACE ALONE||0.50%|
|TWO OR MORE RACES||1.46%|
|HISPANIC OR LATINO (OF ANY RACE)||2.66%|
|ETHNICITIES PRESENT||German (11.98%)
Eastern European (2.33%)
|LANGUAGES SPOKEN||English (89.21%)
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Glencoe, IL zip codes