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Glencoe Apartment Features
Apartments Near Glencoe
Living In Glencoe, IL
Glencoe is a small town in Illinois with a population of just under 9,000. Families with children should fit right in, as kids aged 5-14 make up an above-average percentage of the community, while young adults are less well-represented. Renters tend to be in the minority in the town, and 94% of residents own their homes. Relatively high rent costs may be a factor, as the average rent of $1,397 a month is substantially higher than the state average of $1,052.
With an average commute time of about 41 minutes, longer than most cities in Illinois, Glencoe residents have found that it takes some patience traveling to work. Many residents (27%) commute to work by car or truck, while public transportation is used by just 11% of the population. Walking isn't a common way to get to work.
Glencoe has a large number of residents older than 25 who have advanced degrees compared to the national average (7%), as 21% have earned a Master's or a Doctoral degree. In addition, 24% have a Bachelor's degree, which also outpaces the national average. There are two primary industries in Glencoe: scientific and finance. Together, these industries account for 19% of the town's labor force. Meanwhile, in terms of job function, many of the town's workers are in management, as 12% of the town's population reports this as their field of work, the highest number of any profession. Glencoe workers take home an average annual income of about $163,000, highest in Illinois. Glencoe's average income also compares favorably to the national average of $73,345.
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