Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,923 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%).
A relatively large number of people in Glencoe telecommute to their jobs. Overall, about 15.73% 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.
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.
In Glencoe, however, the average commute to work is quite long. On average, people spend 35.01 minutes each day getting to work, which is significantly higher than the national average. One bright side is that local public transit is widely used, so it may be an option to avoid the headache of driving in the heavy traffic by leaving the car at home and taking transit.
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.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Glencoe. 85.34% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 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 German, Russian, Irish, Polish, English and Italian.
The most common language spoken in Glencoe is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||3,052|
|GLENCOE HOME OWNERSHIP|
|% OWNER OCCUPIED||93.69%|
|% RENTER OCCUPIED||6.31%|
|TYPE OF GLENCOE HOMES|
|SINGLE FAMILY DETACHED||92.28%|
|ROWHOUSES AND ATTACHED HOMES||1.28%|
|SMALL APARTMENT BUILDINGS||2.86%|
|COMPLEXES OR HIGH RISE APARTMENTS||3.59%|
|SIZE OF GLENCOE HOMES|
|5 OR MORE BEDROOMS||32.59%|
|AGE OF GLENCOE HOMES|
|NEWER HOMES (2000 OR LATER)||14.93%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||10.92%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||40.65%|
|HISTORIC (1939 OR BEFORE)||33.51%|
|GLENCOE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$960,275|
|MEDIAN RENTAL PRICE||$1,603|
|HOME VALUE RANGE|
|$0 - $54,000||0.73%|
|$54,001 - $109,000||0.52%|
|$109,001 - $218,000||2.59%|
|$218,001 - $327,000||3.95%|
|$327,001 - $435,000||4.44%|
|$435,001 - $544,000||2.48%|
|$544,001 - $816,000||26.22%|
|$816,001 - $1,088,000||19.99%|
|PEOPLE OF GLENCOE||DETAILS|
|UNDER 5 YEARS||6.10%|
|5 TO 17||24.76%|
|18 TO 24||4.52%|
|25 TO 34||3.76%|
|35 TO 54||29.22%|
|55 TO 64||16.66%|
|65 YEARS AND OVER||14.98%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.72%|
|MEDIAN HOUSEHOLD INCOME||$171,250|
|PER CAPITA INCOME||$103,788|
|INDIVIDUALS BELOW POVERTY LEVEL||3.18%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (21.70%)
Real estate (5.04%)
Information Technology (2.38%)
|BLACK OR AFRICAN AMERICAN||0.73%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.00%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.19%|
|TWO OR MORE RACES||1.35%|
|HISPANIC OR LATINO (OF ANY RACE)||2.78%|
|ETHNICITIES PRESENT||German (17.65%)
Eastern European (2.21%)
|LANGUAGES SPOKEN||English (90.72%)
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