Glencoe, Minnesota Housing

Glencoe, Minnesota has a population of 5,550, with a median household income of $61,400.

Current housing data for Glencoe.

$215,000

👥

Population

5,550

💰

Median Income

$61,400

📉

Unemployment

3.60%

🏠

Housing Price

$215,000

🚨

Crime Rate

24.50

🌐

Internet Speed

500.00 Mbps

Glencoe is a small local community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Glencoe, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Glencoe has a population of 5,550, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Glencoe is $61,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Glencoe is about $215,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Glencoe is 3.60%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Glencoe are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Glencoe shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Glencoe contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Glencoe

What is the population of Glencoe?

The population of Glencoe is approximately 5,550.

Is Glencoe a good place to live?

Glencoe offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Glencoe?

The median household income in Glencoe is around $61,400.

How expensive is housing in Glencoe?

The average housing price in Glencoe is approximately $215,000.