Allen, KY Economy

Allen, KY is a small city in Floyd County with a population of around 600 people. It offers a peaceful and affordable living environment for its residents. The average 2 bedroom rent in Allen is $740 which is much lower than the national average of $1,430, making it an attractive option for those looking to save money on housing costs. Additionally, the grocery cost index in Allen is 97 versus 100 in the US, making it one of the most economical cities in the region. There are several local businesses that make up Allen's economy such as Rise Up Industries, White Squirrel Brewery & Taproom, and Floyd County Public Library. With its low housing and living costs combined with numerous employment opportunities provided by local businesses, Allen makes for an ideal place to live and work.