Quick facts: Glencoe, CA

Quick Facts

127.6
Cost of Living
above US average
192
Population
104.17
Crime Rate per 1000
above US average
$90,000
Median Income
above US average
$414,000
Median House Price
above US average
$1500.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.0%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $90,000.

🏠

Income Needed to Buy

βœ— Stretch
$130k/year
Based on $414,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $130k vs median $90,000
🏒

Income Needed to Rent

βœ“ Affordable
$64k/year
Based on $1500.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($90,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Glencoe, CA

Glencoe is a small, unincorporated community located in Calaveras County, California. Nestled in the Sierra Nevada Mountains, Glencoe offers a picturesque, tranquil environment characterized by its natural beauty and rustic charm. The area is surrounded by lush forests, rolling hills, and scenic landscapes that attract outdoor enthusiasts. Glencoe is situated near several popular outdoor destinations, including the Mokelumne Wilderness, which offers hiking, fishing, and camping opportunities. The nearby towns of Mountain Ranch and San Andreas provide additional amenities, including shops and local dining. While Glencoe itself has a small population and limited services, its proximity to larger towns and natural attractions makes it an appealing spot for those seeking a peaceful rural lifestyle or a weekend getaway. The community's rich history is reflected in its remnants of mining heritage from the Gold Rush era, adding a touch of historical interest to the area's charm. Overall, Glencoe is a hidden gem for those who appreciate nature, quiet living, and a sense of community.

πŸ” Search & Compare Places

First Location πŸ“