Allen, NE Economy


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Allen, NE is a small town located in Nebraska. It offers a variety of amenities including local restaurants, parks, and community centers. The cost of living in Allen is much lower than that of the United States as a whole. For example, the average two bedroom rent in Allen is $800 compared to $1,430 across the US. Additionally, the Grocery Cost Index in Allen is 95 versus 100 in the US. There are plenty of local businesses which contribute to the economy of Allen such as Pete's Grocery Store and Baker's Hardware Store. In comparison with other cities across the US, Allen provides affordable living while still giving residents access to necessary amenities.

Allen has an unemployment rate of 2.7%. The US average is 6.0%.

Allen has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Allen
- The Sales Tax Rate for Allen is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Allen is 6.8%. 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 $21,892 a year. The US average is $28,555 a year.
- The Median household income of a Allen resident is $51,607 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllen, NebraskaUnited States
  2.76
  -2.2%-6.2%
  21.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $26,840$37,638
  $51,607$69,021
  $68,750$85,028
  Population by Occupation
  11.2%1.2%
  0.8%0.5%
  4.8%6.8%
  30.4%10.0%
  2.0%2.5%
  8.8%11.0%
  3.6%4.8%
  0.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.2%7.6%
  0.0%0.1%
  0.0%4.2%
  8.4%9.3%
  8.4%14.0%
  0.8%2.1%
  1.2%7.0%
  11.6%4.8%
  6.4%4.7%
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