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 95.74% 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 (24.26%), sales jobs (14.44%), and legal occupations (12.88%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.73% 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.
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 35.01 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.
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 85.34% 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 $103,788, which is wealthy relative to Illinois and the nation. This equates to an annual income of $415,152 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 Hebrew.