Living in Allen, Texas

Cost of living, income, home prices, rent and demographics of Allen · Census data 2020–2024

Allen has 110,265 residents with a median age of 38.4. The median household income is $130,901 (67% higher than the Texas median), the median home value is $464,100, the median rent is $1,932/month.

Allen at a glance

Population
110,265
Median age
38.4State: 35.6
Median household income
$130,901State: $78,476
Median home value
$464,100State: $283,800
Median rent
$1,932/moState: $1,403
Homeowners
69.4%
Bachelor's degree or higher
57.5%
Average commute
28 min

Is Allen a good place to live?

Pros: Median household income 67% higher than the Texas median; unemployment of 3.7%; a poverty rate of 6.1%.

Cons: Home values 64% higher than the state median; an average commute of 28 minutes.

The weather is best in April–May and September–October.

Cost of living in Allen

Housing is the biggest part of the cost of living. In Allen the median home value is $464,100, 39% higher than the U.S. median. Renters pay a median of $1,932 per month, which is 32.8% of household income. Homeowners with a mortgage pay $2,834 a month in housing costs.

Median home value

Allen$464,100
Texas$283,800
United States$332,700

Median monthly rent

Allen$1,932
Texas$1,403
United States$1,413

Allen median household income

The median household income in Allen is $130,901 and the income per person is $55,986. 6.1% of residents live below the poverty line (Texas: 13.8%).

Median household income

Allen$130,901
Texas$78,476
United States$80,734

Housing in Allen: homes for sale and rent

Housing units
39,094
Owner-occupied
69.4%
Renter-occupied
30.6%
Vacant
4.7%Includes seasonal homes
Median year built
2003
Average household size
2.95

Allen demographics

Population
110,265
Median age
38.4
Under 18
25.4%
65 and older
11.4%
Households
37,243
Foreign-born
23.6%
Veterans
3.8%Adults 18+

Race and ethnicity

White50.5%
Hispanic or Latino12.6%
Black12.2%
Asian21.1%

Hispanic or Latino can be of any race. Population history of Allen ›

Education in Allen

57.5% of adults 25 and older in Allen have a bachelor's degree or higher (Texas: 33.8%), and 23.6% have a graduate or professional degree.

Bachelor's degree or higher

Allen57.5%
Texas33.8%
United States35.7%

Jobs and commute in Allen

Unemployment rate
3.7%State: 5.3%
Average commute
28 minState: 27 min
Work from home
26.7%
Drive alone
64.7%
Public transit
0.4%
Walk to work
0.5%
Homes with broadband
97.2%

Allen vs nearby towns

TownPopulationMedian incomeHome valueRent
Allen110,265$130,901$464,100$1,932
Fairview10,783$109,347$597,300$1,947
Parker5,999$229,080$859,600—
Lucas8,351$221,364$941,900—
Plano290,594$112,253$465,900$1,841
McKinney210,600$124,215$471,800$1,901
Seis Lagos1,391$248,854$753,600—
Murphy21,188$175,699$555,500$2,847
St. Paul879$127,500$494,300$2,667

More for people moving to Allen

Allen ZIP code ›Weather and climate ›

Living in Allen: FAQ

What is the median household income in Allen, TX?

The median household income in Allen is $130,901, 67% higher than the Texas median of $78,476 (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 $464,100, compared with $283,800 in Texas.

How much is rent in Allen?

The median gross rent in Allen is $1,932 per month, about 32.8% of household income.

Is Allen, TX a good place to live?

Pluses: median household income 67% higher than the Texas median; unemployment of 3.7%; a poverty rate of 6.1%. Minuses: home values 64% higher than the state median; an average commute of 28 minutes.

What is the median age in Allen?

The median age in Allen is 38.4 years (Texas: 35.6).

How long is the commute in Allen?

The average commute to work in Allen is 28 minutes; 26.7% of workers work from home.

What is the unemployment rate in Allen?

The unemployment rate in Allen is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Allen?

57.5% 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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