01 - Taxes
Retirement Tax Treatment
Texas levies no state income tax, meaning Social Security, pension payments, and IRA or 401(k) withdrawals are all free from state-level taxation.
Source · Tax Foundation
79
Fact text
- Allen was the site of Texas's first train robbery, pulled off by the notorious Sam Bass gang back in 1878.
- Lyrick Studios, the company behind a certain beloved purple dinosaur named Barney, was headquartered right here in Allen.
- Allen's outdoor skate park stretches nearly 38,000 square feet, making it one of the largest skate parks in all of Texas.
- Allen's annual USA Celebration fireworks show draws around 100,000 people and is considered one of the largest Fourth of July displays in Texas.
- Past performers at Allen's USA Celebration include Pentatonix, Three Dog Night, and the Commodores, not bad for a suburb.
Your
Allen
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
104040
+
Total Population
$
113719
Median Income
$
323500
Median Home
9
%
Age 65+
Retirement Suitability
How
Allen
ranks for retirees?
73
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
81
Healthcare
74
Climate
45
Results
Allen
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
81
03 - Healthcare
Hospital Access & Quality
The area has
13
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
90
°F, winters dip to about
32
°F, with roughly
1
″ of snow a year.
Source · NOAA Climate Normals
Temperate
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively High
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