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ZipNumbers

Minnesota · Census place 23948

Glencoe city, MN

Quick answer

Glencoe city has 5,702 residents, ranking #139 of 914 places in Minnesota. Median household income is $63,967, the median home is worth $213,100 and median gross rent runs $901 a month.

Population
5,702Glencoe city residents
Median household income
$63,967Past 12 months, inflation adjusted
Median home value
$213,100Owner-occupied units
Median gross rent
$901Rent plus utilities, monthly
Median age
37.7 yrsAll residents
Homeownership rate
70.9%Owner-occupied households

What the numbers mean in Glencoe city

Housing cost measured against local earnings.

A household earning the Glencoe city median would spend about 16.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 70.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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