Glencoe, IL
Population 8,715 · Illinois
About Glencoe, IL
Glencoe is a small community in Illinois with a population of 8,715 residents. The median household income is $250,001 per year, which is above the national average. The median age in Glencoe is 45.4 years.
Housing in Glencoe has a median home value of $1,354,900 and median monthly rent of $2,097. Of the 3,264 total housing units, the majority are owner-occupied, with 2,788 owner-occupied and 245 renter-occupied units.
The unemployment rate in Glencoe is 3.5% and the poverty rate is 2.5%. 88.2% of residents hold a bachelor's degree or higher. The average commute time is 37.8 minutes.
How Glencoe Ranks in Illinois
Cost of Living in Glencoe, IL
Compared to national averages, Glencoe has a median household income of $250,001 (233% above the national median of $75,149). Home values average $1,354,900, which is 453% above the national median. Monthly rent at $2,097 is 80% above the US average of $1,163. Within Illinois, Glencoe's income is 233% above the state average of $75,072, and home values are 717% above the state median of $165,779.
Why Live in Glencoe, IL?
Glencoe offers a strong local economy with a median household income of $250,001, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 88.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $1,354,900. However, Glencoe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Glencoe has a population of 8,715 with a median age of 45.4 years. Compare Glencoe with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Glencoe
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Villa | 8,707 | $111,110 | $325,900 | Compare |
| Mascoutah | 8,743 | $93,902 | $226,300 | Compare |
| Rock Falls | 8,683 | $48,733 | $82,400 | Compare |
| Clarendon Hills | 8,642 | $125,826 | $595,500 | Compare |
| Monmouth | 8,794 | $59,690 | $88,100 | Compare |
| Savoy | 8,807 | $88,828 | $280,700 | Compare |
| Glenwood | 8,620 | $71,376 | $182,900 | Compare |
| Harrisburg | 8,608 | $48,488 | $84,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Glencoe
What is the population of Glencoe, IL?
The population of Glencoe, IL is 8,715 according to the latest Census data.
What is the median household income in Glencoe?
The median household income in Glencoe, IL is $250,001 per year.
What is the median home value in Glencoe?
The median home value in Glencoe, IL is $1,354,900.
What is the average rent in Glencoe?
The median monthly rent in Glencoe, IL is $2,097.
What is the unemployment rate in Glencoe?
The unemployment rate in Glencoe, IL is 3.5%.