Places/IN/Allen County, IN
County profile

Allen County, IN

United States · GDP 2024
#199 of 3,127 US counties by GDP58th-percentile growthmore diversified than 87% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$29.1B
BEA · 2024
GDP growth (YoY)
+5.1%
BEA · 2024
Jobs tracked
190,285
Census CBP · 2023
Employers
9,696
Census CBP · 2023
Avg. wage
$57.5k
BLS QCEW · 2023
Population
402,329
Census PEP · 2025
Labor, income & education
Unemployment
3.3%
Median HH income
$70.7k±$1.0k
Bachelor's degree+
31.6%±0.8%
Poverty rate
12.5%±0.7%
Business applications
5,864 · 2025
Retail establishments
1,212
30.4/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Steel Dynamics, Inc.Basic Materials$18.2B74B2Franklin Electric Co., Inc.Industrials$2.1B78B+3STAR Financial Group, Inc.Financial Services$114.1M

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care30%
Manufacturing22%
Retail trade17%
Food & accommodation14%
Construction9%
Other services8%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
402,329
residents · 2025 · +4.2% since 2020
Income per capita $62.7k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+3,162
International migration+6,276
Natural change+6,796

GDP trend

20192024 · nominal
$22.7B
2019
$21.5B
2020
$23.7B
2021
$26.3B
2022
$27.7B
2023
$29.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$214.9k±$2.8k
Median gross rent
$1.0k/mo±$18/mo
Vacancy rate
5.8%±0.4%
Affordability
3.7× wages
Residential permits
$484.6M
1,388 units · 3.4/1k pop
FEMA risk score
90.8
HUD Fair Market Rent (2BR):$1.1k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 98Tornado 97Winter weather 90
FHFA HOUSE PRICE INDEX · 20162025
373
2016
392
2017
425
2018
455
2019
482
2020
548
2021
638
2022
715
2023
773
2024
801
2025
RESIDENTIAL PERMITS · 20212025
-25% since 2021
1,863
2021
2,243
2022
2,345
2023
1,861
2024
1,388
2025

Transport access

BTS · FAA · USACE
Nearest interstate
5.9 km
I-469
Nearest freight rail
1.8 km
NS
Nearest port
140.6 km
THE ANDERSONS-TOLEDO-EDWIN DRIVE ELEVATORS
Nearest commercial airport
16.6 km
FORT WAYNE INTL
Wage trend
BLS QCEW · 20192023
$57.5k
avg. annual pay · +21% since 2019
The read

What is the GDP of Allen?

Allen's economy produced $29.1B in 2024, growing 5.1% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.