Allen, NY Economy


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United States / New York / No Metro Area / Allegany County / Allen / Zip Codes
Allen, NY is a great place to live. It is an affordable city, with the average 2 bedroom rent at $820 compared to the US average of $1,430. The Grocery Cost Index in Allen is 96 compared to 100 in the US. That means locals can get more for their money when shopping for groceries. The city of Allen has many local businesses and attractions that draw in visitors from all over the area. Some of those businesses include an ice cream parlor, a bakery, several cafes and restaurants, a farmers market, and boutique clothing stores. Attractions such as the Fireman's Museum and the Cheese Factory make Allen unique and appealing to visitors. For outdoor fun there are beautiful parks with playgrounds, bike paths, and even fishing spots. With so much to offer it’s easy to see why people love living in Allen!

Allen has an unemployment rate of 6.2%. The US average is 6.0%.

Allen has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 10.9%, which is lower than the US average of 33.5%.

Tax Rates for Allen
- The Sales Tax Rate for Allen is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Allen is 6.5%. 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 $14,194 a year. The US average is $28,555 a year.
- The Median household income of a Allen resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllen, New YorkUnited States
  6.26
  -3.7%-6.2%
  10.9%33.5%
  8.5%6.2%
  6.2%4.6%
  $22,881$37,638
  $51,250$69,021
  $62,500$85,028
  Population by Occupation
  7.4%1.2%
  0.0%0.5%
  10.1%6.8%
  14.9%10.0%
  0.0%2.5%
  9.5%11.0%
  1.4%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  8.8%4.2%
  10.1%9.3%
  8.8%14.0%
  0.7%2.1%
  4.7%7.0%
  0.7%4.8%
  20.9%4.7%
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