Cost of Living in Allen, TX
Population: 107,684 • 2026 Data
$129,130
Median Household Income
+67% vs national
$1,877
Median Monthly Rent
+39% vs national
$429,900
Median Home Value
+27% vs national
4.3%
Unemployment Rate
Housing in Allen
The median home value in Allen, TX is $429,900. Monthly rent for a typical unit averages $1,877, while total monthly housing costs (including utilities and insurance) average $2,083.
Rent-to-income ratio: 17.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Allen, TX is $129,130. The unemployment rate stands at 4.3%, with a labor force of 58,109 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.