Tim Allen Net Worth 2022 (Forbes) – Salary, Income, Earnings

Tim Allen Net Worth

Tim Allen has an estimated net worth of $100 Million. Tim Allen is an American actor and one of the most famous comedians of our time. He has made a name for himself through his many film and TV roles. He earns most of his income from his career as an actor, comedian, and film producer. 

Tim Allen is a funny stand-up comedian. He is known for his roles in series like Home Improvement and Last Man Standing. Allen received $1.25 million per episode of Home Improvement when the series was at its most popular. Factoring in inflation, that equates to about $1.9 million per episode today. Tim Allen is the fifth highest paid TV actor of all time in terms of salary per episode, both with and without inflation.

Tim Allen earned more than $235,000 per episode of Last Man Standing. Other big paychecks include $5 million for Toy Story 2, $2 million for Galaxy Quest and $12 million for Joe Somebody. He is known for earning only $50,000 for the first Toy Story.

Tim Allen also makes a lot of money from commercials. In 2009, he was the voice in TV and radio commercials for Travel Michigan called “Pure Michigan.” In 2010, he began doing commercials for the Chevrolet Cruze. That same year, he also did the voice for Campbell’s Soup’s “It’s Amazing What Soup Can Do” campaign.

Here’s the breakdown of his net worth:

Name: Tim Allen
Net Worth: $100 Million
Salary Per Episode: $235 Thousand Per Episode
Annual Income: $10 Million Per Year
Source of Wealth: Comedian, Actor, Voice Actor, Television producer, Film Producer, Screenwriter, Film director, Television Director

Learn More: Top 30 Richest Actors In The World

Comedy, Movies, and TV Shows

Tim Allen tried his hand at stand-up comedy and made his debut at Detroit’s ‘Comedy Castle’. Immediately after his performance, he was arrested as a witness and sentenced to 28 months in prison.

He gained popularity in Detroit when he appeared in local television commercials. He also appeared in cable comedy shows like ‘Some Semblance of Sanity’. He moved to Los Angeles and began performing at ‘The Comedy Store’.

Gradually, he also appeared in late night talk shows. His popularity increased when he appeared in ‘Home Improvement’ (1991-1999).

With his prominent role as ‘Tim “The Tool-Man” Taylor’ in ‘Home Improvement’ on ABC, Allen began to gain recognition in Hollywood. In 1994, he starred in the highest-grossing film of the year, ‘The Santa Clause’.

In 1997, he starred in ‘Jungle 2 Jungle’. Although it was a ‘Disney’ production, the movie was a failure at the box office. Two years later, he was cast as ‘Buzz Lightyear’ in ‘Toy Story 2’.

In the late 90s and 2000s, Allen starred in films such as ‘Galaxy Quest’ (1999) – a science fiction spoof with Alan Rickman, Sigourney Weaver, etc. -, ‘Zoom’ (2006), ‘The Santa Clause 3’ (2006) and ‘The Shaggy Dog’ (2006).

Since 2011, Allen has starred in the ABC sitcom ‘Last Man Standing’. He plays the role of ‘Mike Baxter’ who struggles to assert his masculinity in a household dominated by women – his wife and three daughters.

Due to his commitment to TV, Tim had taken a short break from film, but returned in 2017 with Netflix’s black comedy ‘El Camino Christmas’. Two years later, he reprised his role as ‘Buzz Lightyear’ in the fourth installment of ‘Toy Story’, ‘Toy Story 4′.’

Racing Team 

Tim Allen formed his own racing team with Steve Saleen and race car driver Bob Bondurant. He named his team ‘Saleen/Allen “RRR” Speedlab.’ The team raced Saleen Mustangs in the ‘SCCA World Challenge’.

Learn More: Top 30 Richest Actors In The World


Thanks to his commercials for ‘Pure Michigan’, Tim Allen was frequently seen on TV and radio in 2009. He shot these famous commercials for the agency ‘Travel Michigan’. In the same year he started the previews for his movie ‘Crazy on the Outside’.


Tim Allen topped the New York Times Bestseller’s list with his book, Don’t Stand Too Close to a Naked Man. In 1996, he followed up on his earlier success with the release of I’m Not Really Here.

Major Work

The most important milestone in Allen’s career is his role in ABC’s ‘Home Improvement’. The role established him as an experienced comedian and made him a household name in the United States of America. The series ran for eight years and established his acting career.

The actor is highly appreciated for his portrayal of ‘Mike Baxter’, a father of three daughters trying to find his footing in his home, in ‘Last Man Standing’ (2011-present).


Golden Globe Awards

  • 1995: Best Performance by an Actor in a Television Series – Comedy or Musical

People’s Choice Awards

  • 1999: Favorite Male Television Performer
  • 1998: Favorite Male Television Performer
  • 1997: Favorite Male Television Performer
  • 1996: Favorite Male TV Performer
  • 1995: Favorite Comedy Motion Picture Actor
  • 1995: Favorite Male TV Performer
  • 1994: Favorite Male TV Performer
  • 1993: Favorite Male TV Performer
  • 1992: Favorite Male Performer in a New TV Series

Learn More: Top 30 Richest Actors In The World

How Much Are Tim Allen’s Cars Worth?

Allen’s collection includes many classics. One classic SUV that will impress many is his wife’s immaculate 1972 Ford Bronco. We also learn that he is a big fan of Karmann Ghias, a Volkswagen that many have sadly forgotten about.

Classics in his collection include a Volvo P1800, a Chevy 409 Bubble Top, a Ferrari 330 GTC, a Pontiac GTO Ram Air 4, a Shelby Cobra, a Shelby GT350H, a Jaguar E-Type and even a Studebaker Sleeper Cab. So Tim Allen’s taste in cars is pretty eclectic, although he does not seem to have any Asian cars in his collection.

His collection also includes a Ford F100, built with the help of McLaren to celebrate the company’s 100th birthday. The Restomod has a powerful chassis, struts in the cargo area, a modern powertrain, etc. It was built about two decades ago and has some features of the era, but Allen says he will not update it.

Tim Allen’s collection also includes some modern collector cars. The Ford GT sticks out like a sore thumb as the camera crew enters the warehouse. He also owns a 1996 LT5 Impala, a nice sleeper from the old days. In addition to the fold-down storage at the backs of the seats, Allen has added interior features from Cadillac and Jaguar.

The Home Improvement cars are part of his collection, proving to all doubters that they are indeed Allen’s personal vehicles. The ’46 Ford Custom has a flathead V8 and a chrome chassis. It’s a beautiful car that got a lot of airtime. The first hotrod built for the show was a 1933 Ford Custom. Allen says he learned a lot about hot rods from that car, although he would probably build it differently if he could do it over again.

What Houses Does Tim Allen Own?

Given Tim Allen’s wealth, his house is more expensive than ordinary people’s. He has bought and sold a number of beautiful houses over the years. He paid $1.2 million to buy a 3,000-square-foot, four-bedroom house in the US. The three-story house also has a large living room that opens onto a terrace, a well-appointed kitchen, a spiral staircase in the main entrance, an office, a dining room and a wine cellar.

Learn More: Top 30 Richest Actors In The World

Early Life and Education

Tim Allen was born Timothy Alan Dick on June 13, 1953, in Denver, Colorado, USA, to Gerald and Martha. His father was a real estate agent, while his mother was a social worker. Allen liked his father very much and still remembers his great sense of humor.

When Allen was just 11 years old, his father died in a car accident, which devastated him. Two years after his father’s death, his mother married her boyfriend. He had to move with his family to Birmingham, Michigan.

He went to the ‘Ernest W. Seaholm High School’ in Birmingham. It was here that he first discovered his love for acting. He then attended ‘Central Michigan College’ and later transferred to ‘Western Michigan College’.

Allen was a troubled teenager. When he graduated with a bachelor’s degree in television and radio production, he began to earn extra money by selling narcotics. Then he took a job at a sporting goods store.

Personal Life and Wife

Allen has been married to his longtime girlfriend Laura Diebel since 1984. His marriage ended in divorce in 2003. Allen and Laura have a daughter named Katherine.

Allen married actress Jane Hajduk in 2006 after dating her for five years. He has a daughter with her.

FAQs About Tim Allen

How tall is Tim Allen?

Tim Allen is 5 ft 10 in (1.8 m) tall.

How old is Tim Allen?

Tim Allen was born on June 13, 1953, in Denver, Colorado, United States. He is 68 years old as of 2022.

Learn More: Top 30 Richest Actors In The World

Favorite Tim Allen Quotes

Women are like cars: we all want a Ferrari, sometimes want a pickup truck, and end up with a station wagon.

Tim Allen


Men are liars. We’ll lie about lying if we have to. I’m an algebra liar. I figure two good lies make a positive.

Tim Allen


Dad needs to show an incredible amount of respect and humor and friendship toward his mate so the kids understand their parents are sexy, they’re fun, they do things together, they’re best friends. Kids learn by example. If I respect Mom, they’re going to respect Mom.

Tim Allen


Electricity can be dangerous. My nephew tried to stick a penny into a plug. Whoever said a penny doesn’t go far didn’t see him shoot across that floor. I told him he was grounded.

Tim Allen


Women now have choices. They can be married, not married, have a job, not have a job, be married with children, unmarried with children. Men have the same choice we’ve always had: work, or prison.

Tim Allen


Men are pigs. Too bad we own everything.

Tim Allen


My mom said the only reason men are alive is for lawn care and vehicle maintenance.

Tim Allen

View our larger collection of the best Tim Allen quotes.

Further Reading

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