Glencoe, MN
Population 5,702 · Minnesota
About Glencoe, MN
Glencoe is a small town located in Minnesota with a population of 5,702 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,967 per year, which is 15% below the national median of $75,149. The median age of 37.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Glencoe features a median home value of $213,100, which is 13% below the national median of $244,900. This positions Glencoe in a moderately priced market relative to the rest of the country. Median monthly rent is $901, 23% below the national average of $1,163/month. Of the 2,346 total housing units, 71% are owner-occupied (1,597 units) and 29% are renter-occupied (657 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Glencoe shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Glencoe have an average one-way commute time of 25.1 minutes.
Education & Demographics
9.6% of Glencoe residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 18.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 10.6% of the population being foreign-born.
Cost of Living in Glencoe, MN
Compared to national averages, Glencoe has a median household income of $63,967 (15% below the national median of $75,149). Home values average $213,100, which is 13% below the national median. Monthly rent at $901 is 23% below the US average of $1,163. Within Minnesota, Glencoe's income is 14% below the state average of $74,221, and home values are 4% above the state median of $204,472.
Why Live in Glencoe, MN?
Glencoe offers affordable housing with a median home value of $213,100, below the US average of $244,900, and rent that’s lower than the national average at $901/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a low poverty rate of 8.0%, better than the national average.
Potential considerations include median household income ($63,967) that falls below the national average. However, Glencoe’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Glencoe has a population of 5,702 with a median age of 37.7 years. Compare Glencoe with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Glencoe
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| International Falls | 5,728 | $61,043 | $115,000 | Compare |
| Chisago City | 5,629 | $96,964 | $366,600 | Compare |
| Credit River | 5,531 | $149,524 | $577,600 | Compare |
| Carver | 5,935 | $144,408 | $427,600 | Compare |
| St. Paul Park | 5,464 | $98,670 | $252,800 | Compare |
| Montevideo | 5,303 | $65,724 | $137,600 | Compare |
| La Crescent | 5,266 | $82,109 | $244,500 | Compare |
| North Oaks | 5,175 | $235,858 | $756,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Glencoe With Other Cities
Frequently Asked Questions about Glencoe
What is the population of Glencoe, MN?
The population of Glencoe, MN is 5,702 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Glencoe?
The median household income in Glencoe, MN is $63,967 per year, which is 15% below the national median of $75,149.
What is the median home value in Glencoe?
The median home value in Glencoe, MN is $213,100, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Glencoe?
The median monthly rent in Glencoe, MN is $901, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Glencoe?
The unemployment rate in Glencoe, MN is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Glencoe, MN a good place to live?
Glencoe offers a moderate cost of living, affordable housing, and a strong job market. With a population of 5,702 and a median age of 37.7, the city appeals to a broad range of residents.
How educated is Glencoe, MN?
9.6% of residents in Glencoe aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Glencoe?
Key cost-of-living indicators for Glencoe, MN: median home value is $213,100 (13% below national), median rent is $901/month, and median household income is $63,967. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Glencoe?
The poverty rate in Glencoe, MN is 8.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Glencoe, MN?
Glencoe's population is 18.4% White, 1.2% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.3% two or more races. 10.6% of residents are foreign-born.