Zip 75002 (Allen, TX) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
The city of Allen, TX (zip code 75002) is an attractive area for many looking for a place to call home. The average two-bedroom rent in Allen is $2,090, which is significantly higher than the US average of $1,430. However, the area also has a lower cost of living; the grocery cost index in this city is 101 versus 100 in the US.
Those looking to live in Allen can find plenty of amenities and businesses to enjoy. Local companies include The Village at Allen Shopping Center, Uptown Cheapskate, and the Watters Creek Golf Club & Grill. Residents also have access to multiple parks throughout the city including Joe Farmer Recreation Center and Celebration Park for outdoor activities and recreation. Additionally, there are plenty of restaurants to explore such as Brewed: Business Bar + Eatery and Urban Crust Wood-Fired Pizza & Craft Beer. With its abundance of services and attractions, Allen is a great place to call home.

Allen (zip 75002) has an unemployment rate of 5.4%. The US average is 6.0%.

Allen (zip 75002) has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 45.0%, which is higher than the US average of 33.5%.

Tax Rates for Allen (zip 75002)
- The Sales Tax Rate for Allen (zip 75002) is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Allen (zip 75002) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Allen (zip 75002)
- The average income of a Allen (zip 75002) resident is $37,253 a year. The US average is $28,555 a year.
- The Median household income of a Allen (zip 75002) resident is $110,796 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllen, TexasUnited States
  5.46
  -3.5%-6.2%
  45.0%33.5%
  8.3%6.2%
  0.0%4.6%
  $45,583$37,638
  $110,796$69,021
  $123,179$85,028
  Population by Occupation
  0.3%1.2%
  0.4%0.5%
  4.8%6.8%
  10.2%10.0%
  2.3%2.5%
  12.3%11.0%
  3.2%4.8%
  0.3%0.8%
  4.0%1.9%
  9.8%4.7%
  1.4%1.9%
  11.7%7.6%
  0.2%0.1%
  4.3%4.2%
  8.4%9.3%
  11.4%14.0%
  1.7%2.1%
  5.4%7.0%
  4.6%4.8%
  3.4%4.7%
Health