Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,826 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 96.05% 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 (21.19%), sales jobs (15.12%), and legal occupations (13.06%).
Of important note, Glencoe is also a village of artists. Glencoe has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Glencoe’s character.
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.
A relatively large number of people in Glencoe telecommute to their jobs. Overall, about 8.40% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. 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", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.
Because of many things, Glencoe is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Glencoe really has some of the features that families look for when choosing a good community to raise children. Is Glencoe perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
One downside of living in Glencoe, however, is that residents on average have to contend with a long commute, spending on average 38.43 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.
If knowledge is power, Glencoe is a pretty powerful place. 87.78% of the adults in Glencoe have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Glencoe in 2018 was $133,746, which is wealthy relative to Illinois and the nation. This equates to an annual income of $534,984 for a family of four.
Glencoe is a somewhat ethnically-diverse village. 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 European.
The most common language spoken in Glencoe is English. Other important languages spoken here include Chinese and Spanish.