Living in Glenwood, Illinois
Cost of living, income, home prices, rent and demographics of Glenwood · Census data 2020–2024
Glenwood has 8,603 residents with a median age of 43.5. The median household income is $77,391 (7% lower than the Illinois median), the median home value is $198,100, the median rent is $1,493/month.
Glenwood at a glance
- Population
- 8,603
- Median age
- 43.5State: 39
- Median household income
- $77,391State: $83,390
- Median home value
- $198,100State: $263,300
- Median rent
- $1,493/moState: $1,274
- Homeowners
- 79%
- Bachelor's degree or higher
- 39.7%
- Average commute
- 30 min
Is Glenwood a good place to live?
Pros: Home values 25% lower than the state median; a poverty rate of 10.6%.
Cons: Median household income 7% lower than the Illinois median; an average commute of 30 minutes; unemployment of 17%.
The weather is best in June to September.
Cost of living in Glenwood
Housing is the biggest part of the cost of living. In Glenwood the median home value is $198,100, 40% lower than the U.S. median. Renters pay a median of $1,493 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,793 a month in housing costs.
Glenwood median household income
The median household income in Glenwood is $77,391 and the income per person is $37,196. 10.6% of residents live below the poverty line (Illinois: 11.8%).
Housing in Glenwood: homes for sale and rent
- Housing units
- 3,494
- Owner-occupied
- 79%
- Renter-occupied
- 21%
- Vacant
- 9%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.63
Glenwood demographics
- Population
- 8,603
- Median age
- 43.5
- Under 18
- 22.2%
- 65 and older
- 19.4%
- Households
- 3,180
- Foreign-born
- 3.3%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Glenwood ›
Education in Glenwood
39.7% of adults 25 and older in Glenwood have a bachelor's degree or higher (Illinois: 37.8%), and 12.9% have a graduate or professional degree.
Jobs and commute in Glenwood
- Unemployment rate
- 17%State: 5.8%
- Average commute
- 30 minState: 28 min
- Work from home
- 9.3%
- Drive alone
- 75.3%
- Public transit
- 2.6%
- Walk to work
- 5.1%
- Homes with broadband
- 88%
Glenwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Glenwood | 8,603 | $77,391 | $198,100 | $1,493 |
| Thornton | 1,940 | $59,647 | $155,100 | $1,107 |
| Chicago Heights | 26,736 | $54,798 | $161,000 | $1,038 |
| Ford Heights | 1,331 | $36,053 | $66,300 | $1,056 |
| Homewood | 19,294 | $100,139 | $221,100 | $1,333 |
| East Hazel Crest | 1,068 | $54,950 | $158,300 | $1,504 |
| Lynwood | 9,083 | $85,237 | $218,000 | $1,368 |
| Lansing | 28,284 | $75,569 | $177,000 | $1,268 |
| Flossmoor | 9,391 | $133,663 | $344,800 | $2,164 |
More for people moving to Glenwood
Glenwood ZIP code ›Weather and climate ›Living in Glenwood: FAQ
What is the median household income in Glenwood, IL?
The median household income in Glenwood is $77,391, 7% lower 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 Glenwood?
The median home value in Glenwood is $198,100, compared with $263,300 in Illinois.
How much is rent in Glenwood?
The median gross rent in Glenwood is $1,493 per month, about 34.6% of household income.
Is Glenwood, IL a good place to live?
Pluses: home values 25% lower than the state median; a poverty rate of 10.6%. Minuses: median household income 7% lower than the Illinois median; an average commute of 30 minutes; unemployment of 17%.
What is the median age in Glenwood?
The median age in Glenwood is 43.5 years (Illinois: 39).
How long is the commute in Glenwood?
The average commute to work in Glenwood is 30 minutes; 9.3% of workers work from home.
What is the unemployment rate in Glenwood?
The unemployment rate in Glenwood is 17% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Glenwood?
39.7% of adults in Glenwood 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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