The typical owner-occupied home in Glencoe is worth about $351,200, 52% below the California median of $734,700 and 6% above the national median of $332,700. The median household earns $67,625 a year, so the median home costs 5.2 times the median income (7.4 times for California). 100% of occupied homes here are lived in by their owners, and 35% of those owners still have a mortgage.
Glencoe at a glance
| Glencoe | California | U.S. | |
|---|---|---|---|
| Median home value | $351,200 | $734,700 | $332,700 |
| Median property tax paid per year | – | $5,124 | $3,119 |
| Median household income | $67,625 | $99,122 | $80,734 |
| Homes lived in by their owners | 100% | 56% | 65% |
| Owner homes with a mortgage | 35% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,946 | $1,963 |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1995 | 1976 | 1980 |
| Vacant homes | 34.2% | 7.5% | 10.1% |
| Population | 258 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Glencoe
At this week's average 30-year rate of 7.11%, buying the median Glencoe home of $351,200 with 20% down costs about $2,358 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,943, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $101,070 for the 20%-down payment. That payment is 42% of the median Glencoe household income of $67,625; at that income and 20% down, the 28% guideline points to a home of about $235,000.
| Down payment | $70,240 |
|---|---|
| Loan amount | $280,960 |
| Principal and interest | $1,890 |
| Property taxes (1.10% a year) | $322 |
| Homeowners insurance (our estimate, 0.5% a year) | $146 |
| PMI | $0 |
| Total per month | $2,358 |
Change the numbers in the calculator
| Down payment | $12,292 |
|---|---|
| Loan amount | $344,839 |
| Principal and interest | $2,320 |
| Property taxes (1.10% a year) | $322 |
| Homeowners insurance (our estimate, 0.5% a year) | $146 |
| FHA mortgage insurance | $155 |
| Total per month | $2,943 |
Change the numbers in the calculator
Questions about home buying in Glencoe
What is the median home value in Glencoe?
About $351,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Glencoe?
For the median home with 20% down at 7.11%, the payment is about $2,358 a month. Keeping that under 28% of gross income takes about $101,070 a year.
More about Glencoe
- Mortgage Refinance in Glencoe
- Debt Relief in Glencoe
- Home Equity Loans in Glencoe
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data