What is the median home price in Glencoe?

The median home price in Glencoe, Glencoe city, Minnesota is $204,500, which is 27% below the national average of 281,900 ($281,900).

Glencoe, Glencoe city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Glencoe?

The median household income in Glencoe, Glencoe city, Minnesota is $67,547, which is 9% below the national average of 74,580 ($74,580).

What is the average rent in Glencoe?

The median rent in Glencoe, Glencoe city, Minnesota is $851 per month. The national average median rent is $1,163/month.

What is the population of Glencoe?

The population of Glencoe, Glencoe city, Minnesota is approximately 5,712. The homeownership rate is 69.4% (national average: 65.9%).

What is the unemployment rate in Glencoe?

The unemployment rate in Glencoe, Glencoe city, Minnesota is 2.1%. The national average unemployment rate is 3.7%. The poverty rate is 5.7% (national average: 12.4%).

Glencoe

Glencoe city, Minnesota

Affordable

About Glencoe

If you're seeking a slice of Americana with a refreshingly affordable price tag, Glencoe, Minnesota, should be on your radar. This charming community of just over 5,700 residents offers a tranquil lifestyle far removed from the hustle and bustle of big-city living. Forget the national median home value; here, you'll find a median home value of around $204,500, a testament to its exceptional affordability. The cost of living is one of the biggest draws, allowing residents to enjoy a comfortable lifestyle without breaking the bank. Glencoe exudes a friendly, small-town atmosphere, perfect for those seeking a close-knit community where neighbors know each other and the pace of life moves at a comfortable rhythm.

From an investment perspective, Glencoe presents a compelling case. The median household income sits at a respectable $67,547, creating a stable economic base that supports a healthy housing market. While specific unemployment figures are unavailable, the overall economic health of the area suggests ample opportunities for residents. Glencoe is ideal for families, retirees, and anyone looking to escape the high costs and stresses of urban living. The area's focus on community, safety, and affordability makes it a smart choice for those seeking a sound investment in both property and lifestyle.

Glencoe, Minnesota at a Glance

Glencoe is a city in Glencoe city, Minnesota with a population of approximately 5,712. The median home value is $204,500 and the median household income is $67,547.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $851 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.