Living in Allen, Kentucky
Cost of living, income, home prices, rent and demographics of Allen · Census data 2020–2024
Allen has 157 residents with a median age of 22.3. The median household income is $36,250 (43% lower than the Kentucky median), the median home value is $77,500, the median rent is $941/month.
Allen is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Allen at a glance
- Population
- 157
- Median age
- 22.3State: 39.1
- Median household income
- $36,250State: $63,726
- Median home value
- $77,500State: $205,600
- Median rent
- $941/moState: $967
- Homeowners
- 49.3%
- Bachelor's degree or higher
- 16.9%
- Average commute
- 17 min
Is Allen a good place to live?
Pros: Home values 62% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 43% lower than the Kentucky median; unemployment of 20.3%; a poverty rate of 23.1%.
The weather is best in May and August to October.
Cost of living in Allen
Housing is the biggest part of the cost of living. In Allen the median home value is $77,500, 77% lower than the U.S. median. Renters pay a median of $941 per month, which is 26.9% of household income. Homeowners with a mortgage pay — a month in housing costs.
Allen median household income
The median household income in Allen is $36,250 and the income per person is $22,206. 23.1% of residents live below the poverty line (Kentucky: 16.1%).
Housing in Allen: homes for sale and rent
- Housing units
- 102
- Owner-occupied
- 49.3%
- Renter-occupied
- 50.7%
- Vacant
- 30.4%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 2.21
30.4% of homes are vacant most of the year, a sign that Allen has many vacation and second homes.
Allen demographics
- Population
- 157
- Median age
- 22.3
- Under 18
- 30.6%
- 65 and older
- 12.7%
- Households
- 71
- Foreign-born
- 1.9%
- Veterans
- 10.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Allen ›
Education in Allen
16.9% of adults 25 and older in Allen have a bachelor's degree or higher (Kentucky: 27.6%), and 5.2% have a graduate or professional degree.
Jobs and commute in Allen
- Unemployment rate
- 20.3%State: 4.9%
- Average commute
- 17 minState: 24 min
- Work from home
- 17.3%
- Drive alone
- 73.1%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.9%
Allen vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Allen | 157 | $36,250 | $77,500 | $941 |
| Martin | 494 | $30,682 | — | $358 |
| Prestonsburg | 3,765 | $25,746 | $161,300 | $592 |
| Betsy Layne | 557 | $31,838 | — | $1,100 |
| Auxier | 651 | $116,991 | $110,600 | — |
| McDowell | 718 | $14,474 | $73,100 | $255 |
| Coal Run Village | 1,724 | $52,750 | $132,400 | $893 |
| Van Lear | 443 | $35,347 | $81,100 | — |
| Wayland | 316 | $28,333 | $40,500 | $633 |
More for people moving to Allen
Allen ZIP code ›Weather and climate ›Living in Allen: FAQ
What is the median household income in Allen, KY?
The median household income in Allen is $36,250, 43% lower than the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Allen?
The median home value in Allen is $77,500, compared with $205,600 in Kentucky.
How much is rent in Allen?
The median gross rent in Allen is $941 per month, about 26.9% of household income.
Is Allen, KY a good place to live?
Pluses: home values 62% lower than the state median; an average commute of 17 minutes. Minuses: median household income 43% lower than the Kentucky median; unemployment of 20.3%; a poverty rate of 23.1%.
What is the median age in Allen?
The median age in Allen is 22.3 years (Kentucky: 39.1).
How long is the commute in Allen?
The average commute to work in Allen is 17 minutes; 17.3% of workers work from home.
What is the unemployment rate in Allen?
The unemployment rate in Allen is 20.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Allen?
16.9% of adults in Allen have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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