Living in Glencoe, Minnesota
Cost of living, income, home prices, rent and demographics of Glencoe · Census data 2020–2024
Glencoe has 5,695 residents with a median age of 38.6. The median household income is $71,356 (20% lower than the Minnesota median), the median home value is $227,900, the median rent is $1,101/month.
Glencoe at a glance
- Population
- 5,695
- Median age
- 38.6State: 38.8
- Median household income
- $71,356State: $89,062
- Median home value
- $227,900State: $329,300
- Median rent
- $1,101/moState: $1,280
- Homeowners
- 70.3%
- Bachelor's degree or higher
- 10.4%
- Average commute
- 25 min
Is Glencoe a good place to live?
Pros: Home values 31% lower than the state median; unemployment of 3.4%; a poverty rate of 9.2%.
Cons: Median household income 20% lower than the Minnesota median; an average commute of 25 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 $227,900, 31% lower than the U.S. median. Renters pay a median of $1,101 per month, which is 24.2% of household income. Homeowners with a mortgage pay $1,619 a month in housing costs.
Glencoe median household income
The median household income in Glencoe is $71,356 and the income per person is $36,015. 9.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Glencoe: homes for sale and rent
- Housing units
- 2,499
- Owner-occupied
- 70.3%
- Renter-occupied
- 29.7%
- Vacant
- 2.5%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.26
Glencoe demographics
- Population
- 5,695
- Median age
- 38.6
- Under 18
- 23.3%
- 65 and older
- 20.3%
- Households
- 2,436
- Foreign-born
- 11%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Glencoe ›
Education in Glencoe
10.4% of adults 25 and older in Glencoe have a bachelor's degree or higher (Minnesota: 39.4%), and 2.9% have a graduate or professional degree.
Jobs and commute in Glencoe
- Unemployment rate
- 3.4%State: 4.1%
- Average commute
- 25 minState: 23 min
- Work from home
- 4.8%
- Drive alone
- 85.3%
- Public transit
- 0%
- Walk to work
- 3.5%
- Homes with broadband
- 87.6%
Glencoe vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Glencoe | 5,695 | $71,356 | $227,900 | $1,101 |
| Plato | 242 | $91,250 | $239,700 | — |
| Biscay | 138 | $138,750 | $188,900 | — |
| New Auburn | 436 | $73,750 | $159,400 | $738 |
| Green Isle | 466 | $88,333 | $200,700 | $1,725 |
| Silver Lake | 815 | $74,432 | $202,600 | $844 |
| Lester Prairie | 1,898 | $96,544 | $237,400 | $688 |
| Hamburg | 547 | $72,188 | $239,900 | $955 |
| Brownton | 546 | $79,712 | $162,500 | $875 |
More for people moving to Glencoe
Glencoe ZIP code ›Weather and climate ›Living in Glencoe: FAQ
What is the median household income in Glencoe, MN?
The median household income in Glencoe is $71,356, 20% lower than the Minnesota median of $89,062 (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 $227,900, compared with $329,300 in Minnesota.
How much is rent in Glencoe?
The median gross rent in Glencoe is $1,101 per month, about 24.2% of household income.
Is Glencoe, MN a good place to live?
Pluses: home values 31% lower than the state median; unemployment of 3.4%; a poverty rate of 9.2%. Minuses: median household income 20% lower than the Minnesota median; an average commute of 25 minutes.
What is the median age in Glencoe?
The median age in Glencoe is 38.6 years (Minnesota: 38.8).
How long is the commute in Glencoe?
The average commute to work in Glencoe is 25 minutes; 4.8% of workers work from home.
What is the unemployment rate in Glencoe?
The unemployment rate in Glencoe is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Glencoe?
10.4% 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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