Allen, Texas Economy

Economy in Allen, Texas

Allen has an unemployment rate of 3.4%. The US average is 5.2%.

Allen has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 38.0%.

Tax Rates for Allen
- The Sales Tax Rate for Allen is 8.3%. The US average is 6.0%.
- The Income Tax Rate for Allen is 0.0%. The US average is 4.6%.

Income and Salaries for Allen
- The average income of a Allen resident is $40,741 a year. The US average is $28,555 a year.
- The Median household income of a Allen resident is $102,120 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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ECONOMY	Allen, Texas	United States
Unemployment Rate	3.4%	5.2%
Recent Job Growth	3.1%	1.6%
Future Job Growth	42.8%	38.0%
Sales Taxes	8.3%	6.0%
Income Taxes	0	0.046
Income per Cap.	$40,741	$28,555
Household Income	$102,120	$53,482
Family Median Income	$113,467	$65,443
POPULATION BY OCCUPATION
Agriculture, forestry, fishing, hunting	0.6%	1.3%
Mining, quarrying, oil and gas extraction	1.0%	0.6%
Construction	4.2%	6.2%
Manufacturing	12.3%	10.4%
Wholesale trade	2.9%	2.7%
Retail trade	12.1%	11.6%
Transportation and warehousing	2.4%	4.1%
Utilities	0	0
Information	5.1%	2.1%
Finance and insurance	8.2%	4.7%
Real estate, rental, leasing	2.0%	1.9%
Professional, scientific, technical services	11.5%	6.7%
Management of companies	0.3%	0.1%
Administrative, support, waste mgt svcs	3.5%	4.3%
Educational services	10.0%	9.3%
Health care and social assistance	10.6%	13.8%
Arts, entertainment, recreation	1.8%	2.2%
Accommodation, food services	5.4%	7.4%
Other services	3.9%	4.9%
Public administration	2.0%	4.8%

ECONOMY MAP

Unemployment Rate (US Avg: 5.2%)

Median HH Income (US Avg: $53k)

Recent Job Growth (US Avg: 1.59%)

Income Less Than $15k (US Avg: 12.55%)

Income Greater Than $200k (US Avg: 5.03%)

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Reviews for Allen 15 Reviews

We love Allen - 12/13/2017
Originally from Dallas, we moved to Allen 2013. We love the schools, my kids are getting a great education. My daughter was tested in the gifted program as soon as we... Read More

Carrie | Allen, TX | Reply | No Replies | Send Message

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Tim Lawrence - 11/26/2017
Allen is quite possibly the best city I've ever had the privilege of visiting. Everyone you meet is courteous, helpful, and respectable. The town fully supports one... Read More

Tim | Castroville, TX | Reply | No Replies | Send Message

Meh... there are better places in Texas to live - 10/26/2017
My wife and I moved our family to Allen from Southern California in 2004. Our eldest was just starting kindergarten and we had a very bad experience in California. We... Read More

Rob | Allen, TX | Reply | No Replies | Send Message

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