Allen, OK is a great city for families or young professionals looking for an affordable place to live. The average 2 bedroom rent in Allen is $800 per month, which is significantly lower than the U.S. average of $1,430. The Grocery Cost Index in Allen is also very competitive with the rest of the nation at 92 versus 100 in the US. Local businesses in Allen include Walmart Supercenter, Brookshire's Food & Pharmacy, and Burger King. With its favorable cost of living and family-friendly atmosphere, Allen makes a great home for many people from all walks of life.
Allen has an unemployment rate of 3.8%. The US average is 6.0%.
Allen has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Allen
- The Sales Tax Rate for Allen is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Allen is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Allen
- The average income of a Allen resident is $17,531 a year. The US average is $28,555 a year.
- The Median household income of a Allen resident is $36,333 a year. The US average is $69,021 a year.