Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Employment
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Glencoe is a small-sized city located in the state of Minnesota. The city has a population of 5,488 residents. At 85%, the majority of the Glencoe population is White; this is followed by 1% Black and 0% Asian. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Glencoe offers up a higher than average one way commute time of 31 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Glencoe, Minnesota could be a good experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Using the livability score which includes data from categories like crime, cost of living, health & safety, housing, you can easily compare the best places to live in Glencoe and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Glencoe to Minnesota and the national average.
Using data and statistics Glencoe has received a livability score of 77/100. This score is ranked in the 92nd percentile when compared to all other cities. Based on this score, Glencoe would be considered a very livable city! Glencoe also ranks in the top 10 percent of all cities, which is no small feat! There are nine total categories that create the livability score. Glencoe scores well for crime (A-), cost of living (A+), employment (B+) and housing (A+)
Low violent crime rates (murder, rape, robbery, assault) provide a safer environment for residents, reducing the risk of personal harm, property theft or violence. Low crime can also lead to increased property values and desirability. With 176 crimes per 100,000 residents, Glencoe has a violent crime rate that is far below the national average.
When contemplating a move, job prospects often top the list of priorities. In Glencoe, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 0.34% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Glencoe excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Glencoe is real estate affordability. Median real estate prices in Glencoe come in at $163,600, which is 14.6% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Glencoe, the home price to income ratio is 2.7, which is 10% lower than the Minnesota average.
| Statistic | Glencoe | Minnesota | National |
| Average one way commute | 31min | 23min | 26min |
| Workers who drive to work | 82.1% | 78.0% | 76.4% |
| Workers who carpool | 11.3% | 8.7% | 9.3% |
| Workers who take public transit | 1.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.9% | 0.8% | 0.6% |
| Workers who walk | 0.4% | 2.8% | 2.8% |
| Working from home | 3.9% | 5.3% | 4.6% |
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