Allen is a larger medium-sized city located in the state of Texas. With a population of 104,627 people and 20 constituent neighborhoods, Allen is the 39th largest community in Texas. Much of the housing stock in Allen was built relatively recently. The construction of new real estate can often be taken as an indication that the local Allen economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Allen, where the median household income is $113,719.00.
Allen home prices are not only among the most expensive in Texas, but Allen real estate also consistently ranks among the most expensive in America.
Allen is a decidedly white-collar city, with fully 90.68% of the workforce employed in white-collar jobs, well above the national average. Overall, Allen is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Allen who work in management occupations (13.39%), sales jobs (12.50%), and business and financial occupations (10.07%).
Also of interest is that Allen has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.61% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Allen is a great place for families with children to consider. First of all, many other families with children live here, making Allen a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Allen has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Allen’s overall crime rate is lower than average for the country.
Do you like to read, write and learn? If you move to Allen, you'll likely find that many of your neighbors like to as well. Allen is one of the more educated communities in America, with a full 55.27% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Allen in 2018 was $45,071, which is wealthy relative to Texas and the nation. This equates to an annual income of $180,284 for a family of four.
Allen is an extremely ethnically-diverse city. The people who call Allen home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Allen residents report their race to be White, followed by Asian. Allen also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 10.78% of the city’s residents. Important ancestries of people in Allen include German, Irish, English, Italian, and African.
In addition, Allen has a lot of people living here who were born outside of the US (20.20%).
The most common language spoken in Allen is English. Other important languages spoken here include Spanish and Chinese.