Neighborhood in Allen, Collin County

Living in The Park At Montgomery Farm, Allen

A+

1st of 24areas in Allen
Overall score 100 of 100 vs Texas neighborhoods
Allen overall: A+

The Park At Montgomery Farm is a neighborhood in Allen, TX, home to about 2,800 people. It gets an A+, in the top 5% of Texas neighborhoods, and ranks 1st of 24 areas we score in Allen. It does best on home ownership.

  • Top-rated schools
  • Well connected
  • Lots of parks
  • Tornado risk is very high
  • Hail risk is very high

Closest everyday places

Grocery store0.6 mi
Pharmacy0.3 mi
Parkunder 0.1 mi
Cafe0.3 mi
Restaurant0.3 mi
Gym0.3 mi
Hospital or urgent care0.8 mi
Childcare0.3 mi
Library1.5 mi

Straight-line distance from the middle of where people live. Overture Maps.

Population
2,810
Median rent
No data
Median home value
$537,000
Household income
$187,100
Average commute
25 min
Homes owned
100%
Loading map

What it's like to live in The Park At Montgomery Farm

The Park At Montgomery Farm is a neighborhood in Allen with about 2,800 residents, homes built around 1998, mostly owner-occupied (100%) and 60% of households with children.

Our grade for The Park At Montgomery Farm is A+. That puts it 1st of 24 areas we grade in Allen, a city that gets an A+ overall.

Pros of living in The Park At Montgomery Farm

  • Higher incomes. The median household earns $187,100, 43% higher than the Allen median.
  • Well-rated schools nearby. 3 of the 3 closest public schools are rated A or B.
  • Groceries close by. The nearest grocery store is about 0.6 miles from the middle of the neighborhood.
  • Parks within walking distance. The closest park is about under 0.1 miles away.

Cons of living in The Park At Montgomery Farm

  • Higher unemployment. 9.2% of the labor force is out of work, against 3.7% across Allen.
  • Natural hazard risk. FEMA rates the risk of tornadoes and hail as very high in this part of town.

The Park At Montgomery Farm report card

Each grade compares The Park At Montgomery Farm with every neighborhood in Texas. Safety is not graded for single neighborhoods because police report crime for the whole city.

  • Cost of living: grade B+

    Homes cost 2.9x income.

    80 of 100 vs TX areas

  • Jobs and income: grade A-

    Median household income $187,100, 9.2% unemployed.

    81 of 100 vs TX areas

  • Schools: grade A+

    Nearby schools average 93 of 100 on the state rating.

    96 of 100 vs TX areas

  • Safety: no grade

    Citywide, 79 violent crimes per 100k, 709 property crimes per 100k.

    No score vs TX areas

  • Errands and things to do: grade A

    Most everyday stores and services within a mile of homes.

    92 of 100 vs TX areas

  • Getting around: grade C+

    Average commute 25 min, 23% work from home.

    51 of 100 vs TX areas

  • Education levels: grade A+

    87% have a bachelor’s degree.

    96 of 100 vs TX areas

  • Health: grade A

    6.5% of adults uninsured.

    90 of 100 vs TX areas

  • Home ownership: grade A+

    100% of homes owner-occupied.

    99 of 100 vs TX areas

  • Internet access: grade A

    100% of homes have broadband.

    91 of 100 vs TX areas

The Park At Montgomery Farm compared with Allen

Better than Allen

  • Homes owned by the people living in them: 100%31 points higher than Allen (69%)
  • Adults with a bachelor's degree or higher: 87%30 points higher than Allen (57%)
  • Median household income: $187,10043% higher than Allen ($130,901)

Worse than Allen

  • Unemployment rate: 9.2%5 points higher than Allen (3.7%)

Closest public schools

Texas Education Agency 2025 ratings. Check the attendance zone for any address with the district.

  • AFrances E Norton ElementaryElementary, Allen ISD0.1 mi
  • AEreckson MiddleMiddle, Allen ISD0.8 mi
  • AAllen High SchoolHigh, Allen ISD2.1 mi

Cost of living in The Park At Montgomery Farm

The median home is worth $537,000, 16% higher than the Allen median, which means a monthly payment of about $3,760 with property tax at today's mortgage rates.

MeasureHereAllenTexas
Median home value16% higher than Allen$537,000$464,100$283,800
Home value to income19% lower than Allen2.9x3.5x3.6x
Homes owned by the people living in them31 points higher than Allen100%69%63%
Vacant homes5 points lower than Allen0%4.7%9.4%
Median year homes were builtAbout the same as Allen199820031992

Monthly cost to buy a median home

$3,760
Mortgage payment
$2,939
Property tax
$820

Based on a $537,000 home in The Park At Montgomery Farm, 20% down and a 30-year loan at 7.28% (Freddie Mac average, week of 2026-10-01). Property tax is the median for the surrounding Census tract, or the county where that is not published. Insurance and fees are not included.

Work, income and getting around

MeasureHereAllenTexas
Median household income43% higher than Allen$187,100$130,901$78,476
Unemployment rate5 points higher than Allen9.2%3.7%5.3%
People below the poverty line6 points lower than Allen0%6.1%14%
Adults with a bachelor's degree or higher30 points higher than Allen87%57%34%
Average commute10% lower than Allen25 min28 min27 min
Workers who work from home3 points lower than Allen23%27%14%
Workers who walk, bike or take transitAbout the same as Allen1.3%1.0%2.6%
Homes with broadband internet3 points higher than Allen100%97%91%

Natural hazard risk

FEMA National Risk Index for the Census tracts in this area.

  • River floodingHigh
  • HurricanesLow
  • TornadoesVery high
  • HailVery high
  • Heat wavesHigh
  • WildfiresHigh
  • Winter stormsModerate
  • Strong windModerate

Who lives in The Park At Montgomery Farm

Under 1830%
18 to 3412%
35 to 6447%
65 and over12%
Race and ethnicity
White57%
Hispanic or Latino23%
Black0%
Asian19%
Other or more than one race0.2%

Shown for information only. It is never part of any grade.

Other neighborhoods in Allen

  1. 2A+Cypress MeadowsMedian rent $1,850
  2. 3A+Allen NorthMedian rent $2,590
  3. 4A+Cumberland CrossingMedian rent $2,610
  4. 5A+Oak RidgeMedian rent $2,420
  5. 6A+SilhouetteMedian rent $2,860
  6. 7AGlendover ParkMedian rent $1,870
  7. 8ATwin CreeksMedian rent $1,920
  8. 9AShaddock ParkMedian rent $1,900

Similar neighborhoods in other cities

Areas elsewhere in Texas with the closest mix of grades.

  1. A+Highland MeadowsFlower Mound
  2. A+Fairway ManorCinco Ranch
  3. A+Washington Avenue Coalition / Memorial ParkHouston

Questions about The Park At Montgomery Farm

Is The Park At Montgomery Farm a good place to live?

The Park At Montgomery Farm is a neighborhood in Allen, TX, home to about 2,800 people. It gets an A+, in the top 5% of Texas neighborhoods, and ranks 1st of 24 areas we score in Allen. It does best on home ownership.

How much does it cost to live in The Park At Montgomery Farm?

The median home is worth $537,000, 16% higher than the Allen median. A median home costs 2.9x the median household income, compared with 3.5x across Allen.

What schools serve The Park At Montgomery Farm?

The closest rated public schools are Frances E Norton Elementary (elementary, rated A), Ereckson Middle (middle, rated A) and Allen High School (high, rated A). School zones can differ from the closest school, so check with the district.

This area is built from 1 Census block group closest to the The Park At Montgomery Farm name on the map, so its edges are approximate. Sources: US Census Bureau 2020-2024 ACS 5-year, CDC PLACES 2025, Texas Education Agency, FEMA National Risk Index, Overture Maps. How we grade.