Glencoe is a somewhat small village located in the state of Illinois. With a population of 8,687 people and two constituent neighborhoods, Glencoe is the 244th 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.
Of important note, Glencoe is also a village of artists. Glencoe has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Glencoe’s character.
A relatively large number of people in Glencoe telecommute to their jobs. Overall, about 21.20% 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". 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 great place for families with children to consider. First of all, many other families with children live here, making Glencoe a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Glencoe has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Glencoe’s overall crime rate is lower than average for the country.
One downside of living in Glencoe is that it can take a long time to commute to work. In Glencoe, the average commute to work is 34.51 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the village, so leaving the car at home and taking transit is often a viable alternative.
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.
If knowledge is power, Glencoe is a pretty powerful place. 86.43% of the adults in Glencoe have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Glencoe in 2018 was $128,770, which is wealthy relative to Illinois and the nation. This equates to an annual income of $515,080 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, and English.
The most common language spoken in Glencoe is English. Other important languages spoken here include Italian and French.