Living in Glencoe, Illinois
Cost of living, income, home prices, rent and demographics of Glencoe · Census data 2020–2024
Glencoe has 8,701 residents with a median age of 44.8. The median household income is $248,933 (199% higher than the Illinois median), the median home value is $1,432,500, the median rent is $2,211/month.
Glencoe at a glance
- Population
- 8,701
- Median age
- 44.8State: 39
- Median household income
- $248,933State: $83,390
- Median home value
- $1,432,500State: $263,300
- Median rent
- $2,211/moState: $1,274
- Homeowners
- 92%
- Bachelor's degree or higher
- 88.2%
- Average commute
- 36 min
Is Glencoe a good place to live?
Pros: Median household income 199% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 2.1%.
Cons: Home values 444% higher than the state median; an average commute of 36 minutes.
The weather is best in June to September.
Cost of living in Glencoe
Housing is the biggest part of the cost of living. In Glencoe the median home value is $1,432,500, 331% higher than the U.S. median. Renters pay a median of $2,211 per month, which is 28.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Glencoe median household income
The median household income in Glencoe is $248,933 and the income per person is $145,670. 2.1% of residents live below the poverty line (Illinois: 11.8%).
Housing in Glencoe: homes for sale and rent
- Housing units
- 3,320
- Owner-occupied
- 92%
- Renter-occupied
- 8%
- Vacant
- 10.3%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.92
Glencoe demographics
- Population
- 8,701
- Median age
- 44.8
- Under 18
- 27.5%
- 65 and older
- 20.4%
- Households
- 2,977
- Foreign-born
- 7.4%
- Veterans
- 3.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Glencoe ›
Education in Glencoe
88.2% of adults 25 and older in Glencoe have a bachelor's degree or higher (Illinois: 37.8%), and 48.5% have a graduate or professional degree.
Jobs and commute in Glencoe
- Unemployment rate
- 3.6%State: 5.8%
- Average commute
- 36 minState: 28 min
- Work from home
- 33.7%
- Drive alone
- 42.6%
- Public transit
- 16.9%
- Walk to work
- 2.2%
- Homes with broadband
- 95.8%
Glencoe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Glencoe | 8,701 | $248,933 | $1,432,500 | $2,211 |
| Winnetka | 12,484 | $250,001 | $1,337,800 | $1,842 |
| Northfield | 5,487 | $161,500 | $878,300 | $2,083 |
| Northbrook | 34,585 | $157,782 | $652,300 | $2,463 |
| Kenilworth | 2,503 | $250,001 | $1,560,300 | — |
| Highland Park | 30,398 | $168,094 | $607,300 | $1,925 |
| Wilmette | 27,503 | $190,662 | $810,600 | $1,978 |
| Glenview | 47,752 | $143,056 | $609,600 | $2,148 |
| Deerfield | 19,518 | $181,660 | $623,400 | $2,482 |
More for people moving to Glencoe
Glencoe ZIP code ›Weather and climate ›Living in Glencoe: FAQ
What is the median household income in Glencoe, IL?
The median household income in Glencoe is $248,933, 199% higher than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Glencoe?
The median home value in Glencoe is $1,432,500, compared with $263,300 in Illinois.
How much is rent in Glencoe?
The median gross rent in Glencoe is $2,211 per month, about 28.2% of household income.
Is Glencoe, IL a good place to live?
Pluses: median household income 199% higher than the Illinois median; unemployment of 3.6%; a poverty rate of 2.1%. Minuses: home values 444% higher than the state median; an average commute of 36 minutes.
What is the median age in Glencoe?
The median age in Glencoe is 44.8 years (Illinois: 39).
How long is the commute in Glencoe?
The average commute to work in Glencoe is 36 minutes; 33.7% of workers work from home.
What is the unemployment rate in Glencoe?
The unemployment rate in Glencoe is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Glencoe?
88.2% of adults in Glencoe have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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