 About 17.2% of families and 22.1% of the population were below the poverty line, including 28.3% of those under age 18 and 19.6% of those age 65 or over.The largest businesses/employers in Glenwood include John Plyler's Home Center, Wright's Food Center, Shelby Manufacturing, Glenwood Nursing and Rehab and local schools.The town is also home to Caddo River Forrest Products lumber mill.