Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,869 people and two constituent neighborhoods, Glencoe is the 242nd largest community in Illinois. Much of the housing stock in Glencoe was built prior to World War II, making it one of the older and more historic villages in the country.
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 96.13% 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 (22.80%), sales jobs (15.10%), and legal occupations (12.93%).
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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.59% 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 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.
Glencoe is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the 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, however, is that residents on average have to contend with a long commute, spending on average 36.36 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.
Despite being a small village, Glencoe has a lot of people using the train to get to and from work every day. Most of these people on the train are using it to get 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 86.83% 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 $122,129, which is wealthy relative to Illinois and the nation. This equates to an annual income of $488,516 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, Irish, Russian, Polish, and English.
The most common language spoken in Glencoe is English. Other important languages spoken here include Spanish and French.