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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  ECONOMYAllen, TexasUnited States
  Unemployment Rate3.4%5.2%
  Recent Job Growth3.1%1.6%
  Future Job Growth42.8%38.0%
  Sales Taxes8.3%6.0%
  Income Taxes00.046
  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, hunting0.6%1.3%
  Mining, quarrying, oil and gas extraction1.0%0.6%
  Construction4.2%6.2%
  Manufacturing12.3%10.4%
  Wholesale trade2.9%2.7%
  Retail trade12.1%11.6%
  Transportation and warehousing2.4%4.1%
  Utilities00
  Information5.1%2.1%
  Finance and insurance8.2%4.7%
  Real estate, rental, leasing2.0%1.9%
  Professional, scientific, technical services11.5%6.7%
  Management of companies0.3%0.1%
  Administrative, support, waste mgt svcs3.5%4.3%
  Educational services10.0%9.3%
  Health care and social assistance10.6%13.8%
  Arts, entertainment, recreation1.8%2.2%
  Accommodation, food services5.4%7.4%
  Other services3.9%4.9%
  Public administration2.0%4.8%
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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

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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

    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


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