[6] In its early history Glencoe served as a trading center for the area and agriculture was the mainstay of the local economy.

[5] According to the United States Census Bureau, the town has a total area of 0.8 square miles (2.1 km2), all land.

Glencoe is located approximately 5.8 miles from Lake Lone Chimney, on the border between Payne and Pawnee counties.

The lake historically served as a recreational outlet for the town, drawing in sportsmen for tournaments and other outdoors event.

Following the drought which ravished the region in the early 2010s, the lake experienced dramatic water losses and as a result, the economy and culture of the town was negatively impacted.

Glencoe, located within the Bible Belt, is predominantly Evangelical Protestant with a majority of the townspeople either following teachings that correlate to the United Methodist, Southern Baptist, or Nondenominational churches.

Glencoe was the setting for an independent film, "Left of Center," based on the book by Brandi Hodges.

Glencoe is located approximately 16.7 miles from Oklahoma State University to which many residents hold as an alma mater or employer.

Glencoe High School has been given an 'A' value on the annual state report cards which are assigned by the Oklahoma Department of Education.