Allen is a city in Texas state in USA with a population of 104040 residents.. The poverty rate of Allen is 4.1%, which is 71% lower than national average. The typical household in Allen earns $113719 a year, compared to the national median of $67,500. Nearly 17.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Allen, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Allen remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Allen, only 56% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Allen is 110, which is 10% higher than national average. Median home value in Allen is $323500 , which is 41% higher than national average. While median income in Allen remained $113719, which is 68% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.