Allen is a mid-sized city located in the state of Texas. The city has a population of 94,710 people. With a population density of 3,589 people per square mile, Allen is well above the nation's average density level. If we look at the most recent Census, Allen is known to have a predominantly White population. The next two most common races are Asian and Black. If finding a family friendly city is important to you, look no further. With more than 83% of the population considered married and 41% with kids under the age of 18, Allen could be considered a very suitable city for families.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the town before actually living in Allen, Texas. The best areas in Allen and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, education, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
With a livability score of 94/100, Allen is ranked #4 in the United States and #4 in Texas. Pack your bags! This is a very high score in comparison to other US cities. Living in Allen could be a great choice! Another exciting tidbit, is that Allen ranks better than 90% of all US cities! If we dig down a little deeper into each category within the livability score, we see that Allen has higher than average grades for the following: amenities (A+), crime (A+), weather (B-), education (A+), employment (B+) and housing (A+).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Allen, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Allen Premium Outlets, Allen Event Center, and TopGolf Allen.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Allen gets top scores for their low violent crime rates of 98 crimes per 100,000 residents, which are significantly lower than the national average.
School test scores can be an important metric in deciding if the local area schools can provide a solid educational system for children. The schools in Allen have a test score average of 92%, which is well above the US average.
Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Allen has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Allen is actually affordable. Median real estate prices in Allen come in at $234,600, which is 64.4% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Allen, the home price to income ratio is 2.3, which is 11.5% lower than the Texas average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Allen were 1.9%, and the 5 year appreciation rates came in at 8.9%.
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