Allen, NE
Population 447 · Nebraska
About Allen, NE
Allen is a small community located in Nebraska with a population of 447 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,125 per year, which is 29% below the national median of $75,149. The median age of 36.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Allen features a median home value of $111,600, which is 54% below the national median of $244,900. This makes Allen one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $638, 45% below the national average of $1,163/month. Of the 196 total housing units, 72% are owner-occupied (137 units) and 28% are renter-occupied (53 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allen shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 16.9%, above the national average of 12.4%. Workers in Allen have an average one-way commute time of 27 minutes.
Education & Demographics
16.8% of Allen residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.3% White, 2.0% Hispanic or Latino, 2.9% Black or African American, and 3.6% Asian residents, with 7.8% of the population being foreign-born.
Cost of Living in Allen, NE
Compared to national averages, Allen has a median household income of $53,125 (29% below the national median of $75,149). Home values average $111,600, which is 54% below the national median. Monthly rent at $638 is 45% below the US average of $1,163. Within Nebraska, Allen's income is 19% below the state average of $65,895, and home values are 11% below the state median of $125,824.
Why Live in Allen, NE?
Allen offers affordable housing with a median home value of $111,600, below the US average of $244,900, and rent that’s lower than the national average at $638/month.
Potential considerations include median household income ($53,125) that falls below the national average. However, Allen’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allen has a population of 447 with a median age of 36.6 years. Compare Allen with other cities to see how it stacks up, or explore all cities in Nebraska.
Similar Cities Near Allen
Cities in Nebraska with a similar population size.
Demographics
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Economy & Education
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Other Cities in Nebraska
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Allen
What is the population of Allen, NE?
The population of Allen, NE is 447 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Nebraska.
What is the median household income in Allen?
The median household income in Allen, NE is $53,125 per year, which is 29% below the national median of $75,149.
What is the median home value in Allen?
The median home value in Allen, NE is $111,600, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allen?
The median monthly rent in Allen, NE is $638, which is 45% below the national average of $1,163/month.
What is the unemployment rate in Allen?
The unemployment rate in Allen, NE is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Allen, NE a good place to live?
Allen offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 447 and a median age of 36.6, the city appeals to a broad range of residents.
How educated is Allen, NE?
16.8% of residents in Allen aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Allen?
Key cost-of-living indicators for Allen, NE: median home value is $111,600 (54% below national), median rent is $638/month, and median household income is $53,125. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allen?
The poverty rate in Allen, NE is 16.9%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Allen, NE?
Allen's population is 4.3% White, 2.0% Hispanic or Latino, 2.9% Black or African American, 3.6% Asian, and 0.0% two or more races. 7.8% of residents are foreign-born.