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ALLEN, TEXAS

COMMUNITY PROFILE


Welcome to the family.

At a Glance

Seattle Portland

Boston Detroit

Philadelphia

Indianapolis

Denver

Washington DC

Las Vegas Los Angeles

7.8 million

1 million

Allen Population

DFW Population

Collin County Population

New York

Chicago San Francisco

108,706

Allen is an affluent suburb in Dallas-Fort Worth, the nation’s fourth largest metro. It is 25 miles northeast of downtown Dallas in Collin County, one of the nation’s fastest growing counties.

Charlotte

Albuquerque

Oklahoma City

Phoenix

Dallas Fort Worth

Allen

Atlanta

37.9

57%

27

Austin San Antonio

Houston

Median Age

Adults with Bachelor Degree+

Land Square Miles

Miami

Allen is a sought-after location for professionals and their families.

Allen ranked #2 Best Place to Live in America by Money Magazine 2017

Located 35 minutes from the DFW International Airport

Located in Collin County, one of the fastest growing counties in the US

With the recent arrival of new mixed-use corporate campuses, Allen is becoming an office employment center for the region. To sum it up, Allen is a place where professionals, families and business flourish.

Over $500 million in new commercial projects finished in the past three years adding $3.6 billion to the economy.

$105,925

$44,493

$334,040

Median Household Income

Per Capita Income

Median Home Price


Demographics

Workforce

Allen has experienced dramatic population growth over the last 15 years, reaching 108,706.

Allen is part of the Dallas-Fort Worth region that ranks among the top 3 US metro areas for business expansions, relocations and employment growth. Allen’s workforce has expanded by 70% in the last 10 years.

Workforce Growth

60%

White

23%

11%

10%

Asian

Hispanic

Black

A Diverse Community

Source: ESRI 2019

Population Growth AREA

2010

2020

INCREASE

Allen

84,246

108,706

29%

DFW

6,426,214

7,779,502

21%

Collin County

782,341

1,092,478

39% Source: ESRI 2019

123,018 Allen’s expected population by 2025.

AREA

2010

2020

INCREASE

DFW

3,238,095

4,014,610

24%

Collin County

419,901

574,807

37%

Dallas County

1,179,651

1,390,999

18%

Allen

43,967

61,988

41% Source: JobsEQ 2019

1.8 million workers within 30 minutes of Allen Collin County has added jobs at twice the rate of both Dallas and Tarrant counties.

57%

of Adults Have a Bachelor’s Degree+

88,653

Graduates from Higher Education Annually


Higher Education

Employers

The Dallas- Fort Worth metro is the #1 region in Texas for higher education enrollment and degree completion, with more than 70 accredited universities and colleges.

Allen’s employers are concentrated in financial services/insurance, information technology, professional services, telecommunications, and electronics.

New to Allen

300+

125+

75+

Experian

KONE

Formulife/Purus Labs

Jack Henry & Assoc.

Credit Union Of Texas

Photronics

Collin College 55,000 students enrolled, offers 100+ degrees & certificates plus customized skills training. Students can attend Collin College and complete bachelor’s, master’s and doctoral programs from five Texas universities.

Frontier Communications

MonkeySports

Boss Fight Entertainment

Crawford & Company

Amphenol Fiber Systems Intl

Ari Tex Electric

NetScout Systems

ColorDynamics

Highlands Residential Mortgage

UT Southwestern Medical Center State’s preeminent medical research center and largest medical school.

Andrew’s Distributing

Forte Payment Systems

Cytracom

Texas Health - Allen

JW Nutritional

Concur Technologies

380,880 students enrolled in higher education at universities and community colleges in DFW.

PFSweb

Quest Medical

GIACT

WatchGuard

Micron Technology

University of Texas at Dallas (UTD) Public, Tier-One research university with 30,000 students; key programs in engineering, computer science, bioengineering, cybersecurity, nanotechnology, business and brain science.

3 Tier One research universites in DFW - Univeristy of Texas at Dallas, University of North Texas, University of North Texas at Arlington

GC Packaging

Founded in 1931 by a small group of teachers, it has grown to $1.4 billion in assets. CUTX, which relocated 200 employees to its new corporate home in One Bethany, is active in community engagement and giving.

Highlands Residential Mortgage

Corporate Headquarters

Ranked #8 Best Place to Work by the Dallas Business Journal and listed on the Dallas 100 Fastest Growing Private Companies in 2019

Crawford & Company

Collin College Technical Campus New techincal campus in Allen serves up to 7,000 students with programs in health care, information technology, manufacturing, automotive and construction.

Credit Union of Texas

Corporate Headquarters

Claims & Disaster Recovery Center

Technology jobs have grown 6% each year for the past three years, outperforming the national average.

3X higher concentration in computer and telecommunications businesses

36% increase in financial services jobs over the past three years.

Publicly-traded insurance claims processor with over $1 billion in revenue houses up to 700 adjusters to process disaster claims for insurance carriers.


Transportation

Prosper

Denton

Modern, robust transportation infastructure with excellent air, highway and light rail access.

Business Climate

Little Elm

McKinney Frisco

McKinney •National Airport

MCKINNEY AIRPORT

A pro-business city in a pro-business state

Fairview

ay ollw urn T Rayb m a S

Lewisville

Allen is served by 4 airports within 35 minutes Plano

Addison

LOVE FIELD AIRPORT

Highway Connectivity

Richardson

183

No Corporate Income Tax

No Personal Income Tax

Right-To-Work State

Nimble, Responsive Local Government that Delivers Excellent Service

161

20

20

Public Transportation

Desoto 67

Waxahachie

Local Incentives: Cash grants backed by $10 million dedicated annual fund Large bonding capacity to provide up-front incentives City-owned land Tax Increment Financing (TIF) / 380 / Tax Rebates Tax Abatement

.......................

Arlington

• DART light rail system is 10 minutes away

Business-Friendly Regulatory System

...............................................................................................................

Irving 360

Key Advantages:

Wylie

Garland

DFW INTERNATIONAL AIRPORT

• 30 minutes from Downtown Dallas, Dallas Love Field and DFW International Airport • I-20, I-35, I-45 are all within 35 minutes • 10 minutes from the Dallas North Tollway and Legacy business park

ADDISON AIRPORT

Grapevine

Pres ide nt G eo rg

Dallas North Tollway

Central Time Zone and direct flights from two hubs, one can fly to either coast and return home for dinner.

Carrollton

pike urn hT us eB

DFW International and Love Field, home to American and Southwest airlines, offer 248 non-stop destinations (62 international and 186 domestic destinations)

State Incentives: Texas Enterprise Fund Enterprise Zone Program Workforce Training Grants


Quality of Life

Schools Allen ISD - Where Eagles Soar

Schools

Safety

Housing

Big Sky

Career

Nationally Ranked Public Schools

One of the Nation’s Safest Cities

New Homes and Apartments

Open Space with Gold Medal Parks and Trail System

Proximity to Ample High Paying Jobs

With ample high quality jobs, excellent K-12 public education, and relatively low cost housing, residents can enjoy a higher standard of living than found in most other areas.

Cost of Living City-by-City Comparison*

Allen’s exceptional school system cultivates innovation in education that empowers every learner to realize his or her full potential.

Allen is home to 23 schools: 18 elementary schools, 3 middle schools, 1 freshman center, and 1 high school.

#9 Best School District in Texas by Niche

▲ More expensive than Allen

es

o

i

g ca

Ch

“A”

n

sA o L

*Cost of Living Index 2020

l ge

Accountability Rating by the Texas Educational Agency

Allen High School Allen has one high school. This unites the community and concentrates more resources into one large campus. Its 6,000 students have access to world-class programs and facilities not found at typical high schools including a 1,500-seat performing arts center, a Career and Technology Education center, new STEAM center, a broadcasting studio as well as a student-run restaurant.

Allen ISD STEAM Center $38 million facility serves as a satellite campus for district’s science, technology, engineering, arts, and math programs; opened in 2019


Housing

Parks & Trails

Homes in Allen offer a variety of choices among different sizes and values for both buyers and renters. THE EDGE SKATE PARK one of the largest outdoor skate park in the state of Texas

#1

9th

5th

Best Suburb for Millennials in Texas

Best City to Buy a House in the US

Safest Mid-Size City in America

Wallet Hub 2019

AdvisorSmith 2021

CNBC 2018

ALLEN STATION PARK is a city-wide (regional) park that includes baseball and softball fields, a playground, and trails 3 GOLF COURSES including the Courses at Watters Creek, Twin Creeks Golf Club, and TPC Craig Ranch HYDROUS WAKE PARK is a wakeboard complex within Allen Station Park

Over 74% of Allen’s housing units are owner occupied.

78 MILES OF TRAILS that will ultimately connect to 6 neighboring cities $334,040 Median Home Price

National Gold Medal Recipient The Allen Parks & Recreation department won 1st place in the national competition based on its quality facilities, programming, and events


Watters Creek District

The Future of Allen: The 121 Corridor With over 900 acres along one of the fastest-growing business corridors in the nation, some of the world’s most prestigious developers have begun laying the groundwork to attract the next corporate relocations to Allen. All told, these companies will be housed among 12 million SF of new development, including 9 million SF of Class A office.

With the award-winning Watters Creek District, employers can have an office walkable to highly desirable amenities. One Bethany at Watters Creek One Bethany at Watters Creek is a 17-acre corporate office park with 3 office developments: One Bethany East opened in 2018 along with the NetScout Systems regional office. One Bethany West, the 200,000 SF, 8-story building opened in 2020 with anchor tenant Highlands Residential Mortgage.

Marriott Dallas Allen Hotel & Convention Center

121

a Ro d

Collin College Technical Campus and Allen ISD STEAM Center

Chelsea Blvd

Direct connectivity to over 50 restaurants and shops in Watters Creek mixed-use center

The Farm in Allen 135 Acres

Exchange Parkway

Direct access to US 75 and within 35 minutes of both DFW airports

23 Acres AEDC Owned Land

N Watters Road

The Avenue 80 Acres

Allen Gateway at Twin Creeks 75 Acres

Access to hike and bike trails leading to a 6-city trail system

CyrusOne Data Center

Alma Road

Watters Creek is a unique, resort-style mixed-use development center that incorporates a creek side village green, interactive public art, a variety of retail options, restaurants, office space and residential lofts.

Custer Road

Watters Creek at Montgomery Farm

261 Acre MixedUse Development

cy

Sta

The Marriott Dallas Allen Hotel & Convention Center offers 300 upscale hotel rooms and 78,000 SF of event space, including the 40,000 SF convention center.

TEXAS

TierPoint Data Center

75


The Place to Raise Your Business

To find out if this is the family for you, visit AllenEDC.com

Profile for Allen Economic Development Corporation

Allen, Texas Community Profile 2021  

Allen is home to many businesses, and we're proud of every single one. From our diverse, well-educated population to our business-friendly e...

Allen, Texas Community Profile 2021  

Allen is home to many businesses, and we're proud of every single one. From our diverse, well-educated population to our business-friendly e...

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