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Glencoe

Learn about the people, housing, costs and businesses in Glencoe, Ohio

Median Home$187,500
Median Rent$1,014/month
Population257
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media6% manufacturing
Home Value Growth+6.6% over 2 years
Retirees26% of residentsabove average nationally
Homeowners87% of occupied units
NotableTransit90/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Glencoe
OH

Frequently Asked Questions

What are today's mortgage rates in Glencoe?

As of today, the 30-year fixed mortgage rate for Glencoe is approximately 6.956% (6.997% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Glencoe?

The median home value in Glencoe is $188k. The median monthly rent is $1,014. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Glencoe?

Home values in Glencoe have increased 6.6% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Glencoe?

Based on a typical all-in ownership cost of $775/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glencoe is $73k/year.

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What industries drive the economy in Glencoe?

The largest employment sectors in Glencoe are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.