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Allen

Learn about the people, housing, costs and businesses in Allen, Kansas

Median Home$204,400
Median Rent$796/month
Population165
Leading IndustriesRetail · Public Administration · Construction18% retail
Home Value Growth-0.8% over 2 years
Retirees26% of residentsabove average nationally
Homeowners87% of occupied units
Allen
KS

Frequently Asked Questions

What are today's mortgage rates in Allen?

As of today, the 30-year fixed mortgage rate for Allen is approximately 6.958% (6.999% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Allen?

The median home value in Allen is $204k. The median monthly rent is $796. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Allen?

Home values in Allen have decreased 0.8% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Allen?

Based on a typical all-in ownership cost of $919/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Allen is $77k/year.

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What industries drive the economy in Allen?

The largest employment sectors in Allen are public administration (28%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.