Allen, TX
Population 107,684 · Texas
About Allen, TX
Allen is a major city located in Texas with a population of 107,684 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,130 per year, which is 72% above the national median of $75,149. The median age of 38.5 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 $429,900, which is 76% above the national median of $244,900. This places Allen in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,877, 61% above the national average of $1,163/month. Of the 37,947 total housing units, 70% are owner-occupied (25,354 units) and 30% are renter-occupied (10,953 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allen shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 4.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Allen have an average one-way commute time of 27.8 minutes.
Education & Demographics
56.1% of Allen residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 7.6% White, 1.5% Hispanic or Latino, 0.4% Black or African American, and 3.7% Asian residents, with 21.9% of the population being foreign-born.
How Allen Ranks in Texas
Cost of Living in Allen, TX
Compared to national averages, Allen has a median household income of $129,130 (72% above the national median of $75,149). Home values average $429,900, which is 76% above the national median. Monthly rent at $1,877 is 61% above the US average of $1,163. Within Texas, Allen's income is 78% above the state average of $72,726, and home values are 103% above the state median of $211,769.
Why Live in Allen, TX?
Allen offers a strong local economy with a median household income of $129,130, well above the national average, and a well-educated community where 56.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $429,900. However, as a major city, Allen provides access to a wide range of amenities and services.
Allen has a population of 107,684 with a median age of 38.5 years. Compare Allen with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Allen
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tyler | 107,718 | $65,527 | $216,400 | Compare |
| Sugar Land | 109,735 | $137,511 | $406,600 | Compare |
| Edinburg | 102,561 | $57,789 | $174,800 | Compare |
| Wichita Falls | 102,558 | $58,568 | $142,600 | Compare |
| Beaumont | 113,710 | $57,530 | $158,800 | Compare |
| Odessa | 114,080 | $73,030 | $208,000 | Compare |
| League City | 114,885 | $119,870 | $334,000 | Compare |
| San Angelo | 99,507 | $64,146 | $179,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Allen With Other Cities
Frequently Asked Questions about Allen
What is the population of Allen, TX?
The population of Allen, TX is 107,684 according to the latest US Census Bureau American Community Survey estimates. This makes it a major city in Texas.
What is the median household income in Allen?
The median household income in Allen, TX is $129,130 per year, which is 72% above the national median of $75,149.
What is the median home value in Allen?
The median home value in Allen, TX is $429,900, which is 76% above 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, TX is $1,877, which is 61% above the national average of $1,163/month.
What is the unemployment rate in Allen?
The unemployment rate in Allen, TX is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Allen, TX a good place to live?
Allen offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 107,684 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Allen, TX?
56.1% of residents in Allen aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Allen?
Key cost-of-living indicators for Allen, TX: median home value is $429,900 (76% above national), median rent is $1,877/month, and median household income is $129,130. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allen?
The poverty rate in Allen, TX is 4.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Allen, TX?
Allen's population is 7.6% White, 1.5% Hispanic or Latino, 0.4% Black or African American, 3.7% Asian, and 10.6% two or more races. 21.9% of residents are foreign-born.