Allen is a larger medium-sized city located in the state of Texas. With a population of 106,874 people and 20 constituent neighborhoods, Allen is the 39th largest community in Texas. There's nothing like the smell of a brand new house, and in Allen, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Allen, and putting down their money on brand new construction. Allen’s real estate is, on average, some of the newest in the nation. Allen does seem to be experiencing an influx of affluent people, because the median household income is $118,254.00.
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.
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.
Telecommuters are a relatively large percentage of the workforce: 16.81% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
If knowledge is power, Allen is a pretty powerful place. 54.59% of the adults in Allen have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Allen in 2018 was $48,305, which is wealthy relative to Texas and the nation. This equates to an annual income of $193,220 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 11.25% of the city’s residents. Important ancestries of people in Allen include German, English, Irish, Italian, and African.
In addition, Allen has a lot of people living here who were born outside of the US (20.28%).
The most common language spoken in Allen is English. Other important languages spoken here include Spanish and Chinese.