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Allen Texas Homes For Sale

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Allen, TX Real Estate

Allen Texas is located 25 miles north of Dallas along US 75. Allen is in Collin County and sits between Plano and McKinney. Allen encompasses 27.1 square miles of land at an elevation of 659 ft. According to the 2010 Census, Allen has a population of 84,246, however Allen is averaging a steady growth rate of 3% annually. In Money Magazine 2012, Allen was ranked 13th on the list of best places to live.

Allen Texas Local Information

Demographics: The average household income in Allen is $109,240, a 2010 estimate, whereas the median Allen household income is estimated at $94,630. Allen is composed of 2 zip codes 80% of which live in 75013. The quality of the Allen community attracts residents with a high level of spending power and disposable income. This makes Allen a prime location for restaurants, shopping centers and other retail venues.

Awards: Money Magazine 2012, Allen was ranked 13th on the list of best places to live. For the third year in a row, Allen was ranked the 9th Safest City in the USA by a Crimes Study Report in CQ Press.

Education: See Allen ISD Page

Financials:
• The City of Allen currently has a healthy fund balance of $16.6 million.
• $231.3 Million in available resources
• General Fund Revenues were $73.2 Million
• Expenditures were $71.7 Million
• Approximately 84.9 days of Operating Reserve
• Moody’s Water and Sewer Bond Rating at Aa2
• Standard and Poor’s Sewer Bond Rating at AAA

History of Allen: Caddo and Comanche Indian tribes were the original inhabitants of the region where Allen is currently located, eventually moving to Indian territory north of the Red River. Rowlett Creek was the site of the last known conflict between the early settlers and the Indiansin 1844. A historic marker along SH 5 near Rowlett Creek commemorates the event. Traveling the Texas Road and the Central National Road constructed by the Republic of Texas, immigrants of European descent began arriving into the Allen area in the early 1840′s in search of free land. The railroad ran from Bonham through McKinney to Allen and Plano, crossing Rowlett Creek where SH 5 is now. Allen was the site of the first train robbery in Texas on February 22, 1878, when Sam Bass and his associates pillaged the train. Allen was officially incorporated in 1953. Home Rule Status was adopted in 1979 with a Council/Manager form of government.

Top 10 Employers in Allen: Allen ISD (2,402), Village at Allen (1,446), Watters Creek at Montgomery Farms (1,250), Allen Premium Outlets (800), City of Allen (878), Frontier Communications (800), Texas Health Presbyterian Hospital (670), Experian Information Solutions (619), Jack Henry & Associates (422), Market Street @ Watters Creek (400), and PFSWeb (400).

Allen Event Center: Allen Event Center, a 8,100+ capacity center and home to the Allen Americans, Dallas Sidekicks, Lone Star Conference, Tom Thumb Texas Stampede, and Texas Revolution. The Allen Event Center opened in 2009.

 

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Listing information last updated on October 19th, 2017 at 7:30am CDT.