Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,945 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 95.96% of the workforce employed in white-collar jobs, well above the national average. Overall, Glencoe is a village of managers, professionals, and sales and office workers. There are especially a lot of people living in Glencoe who work in management occupations (24.81%), sales jobs (13.98%), and legal occupations (13.00%).
Telecommuters are a relatively large percentage of the workforce: 13.64% 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", 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.
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 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 35.39 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. 86.51% 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 2010 was $106,649, which is wealthy relative to Illinois and the nation. This equates to an annual income of $426,596 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 Russian, Irish, Polish, and English.
The most common language spoken in Glencoe is English. Other important languages spoken here include Spanish and Russian.