Glencoe, a small town in Minnesota, has a population of just over 5,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (21%) here than they do nationally (14%), while young professionals are less well-represented. Renters tend to be in the minority in the town, and 79% of residents own their homes. With a relatively low average rent of $790 per month in the town, renting remains an affordable option, particularly compared to other cities in Minnesota. Each month, renters in Glencoe will pay around $201 less compared to the state average.
Glencoe has a high concentration of residents older than 25 who have earned a high school degree or GED (28%) compared to the national average. Additionally, 7% possess a Bachelor's degree and 2% have earned a Master's degree or Doctorate. Many Glencoe residents work in one of three industries: manufacturing, retail, and healthcare. Combined, these industries make up 27% of the town's labor force. Meanwhile, looking at job function, many of the town's residents work in transportation, making it the top profession in the town. With an average annual income of just over $61,000, Glencoe workers bring in about $19,000 less than the average Minnesota resident. The town's average income also trails the national average ($73,345).
Glencoe residents have an average commute of about 26 minutes. Driving a vehicle is the typical means of commuting to work, selected by 45% of residents, while public transit isn't extensively used. Riding a bike is the second-most common means of commuting to work, selected by 1% of commuters. Walking isn't a common means of commuting to work.
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