C+

Glencoe, MN

Source:

Affordability Score: 60/100

Population: 8,054 · 1 ZIP codes

The affordability dashboard for Glencoe, MN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 8,054 residents, then layers in county-level federal data to produce an overall grade of C+ (60/100). The headline inputs are median household income of $77,261, median home value of $245,400, median rent of $1,096 per month, and 12.3% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $999 per month (studio $823, 1BR $865, 3BR $1,198, 4BR $1,662). Department of Labor data lists infant center-based childcare at $10,972 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Glencoe, MN include rent. Pressure points are education. Unemployment currently reads 3.0% and poverty 7.7% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C+
$77,261
Median household income
Education F
12.3%
Bachelor's degree or higher
Housing C+
3.2x
Home value $245,400 vs income
Commute C
24 min
Average commute time
Rent A
$999/mo
2BR fair market rent (16% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$10,972/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$77,261
▲ 25% vs national
Per Capita Income
$39,459
Unemployment Rate
3.0%
Poverty Rate
7.7%

Housing

Median Home Value
$245,400
▼ 11% vs national
Median Rent
$1,096/mo
Owner Occupied
77.4%
2BR Fair Market Rent
$999/mo
▼ 17% vs national

Fair Market Rents by Bedroom

Studio
$823
1BR
$865
2BR
$999
3BR
$1,198
4BR
$1,662

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
12.3%
▼ 18 ppt vs national
High School+
50.0%
Median Age
40.9
Avg. Commute
24 min
▼ 2 min vs national

Childcare Costs

Infant (Center)
$10,972/yr
14% of income
Toddler (Center)
$10,244/yr
Preschool (Center)
$9,447/yr
School-Age (Center)
$8,493/yr

What This Means

Glencoe, MN receives an overall affordability grade of C+ (60/100), aggregated from 1 ZIP codes with a total population of 8,054. This area performs well in rent. Challenges include education. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Glencoe, MN affordable?
Glencoe, MN receives an overall affordability grade of C+ (60/100) based on Census, HUD, FBI, and DOL data. Median household income is $77,261. Median home value is $245,400.
What is the cost of living in Glencoe?
Key cost metrics: Median rent $1,096/mo. 2BR fair market rent $999/mo. Infant childcare $10,972/yr. Median home value $245,400.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →