University Park is a medium-sized city located in the state of Texas. With a population of 25,032 people and five associated neighborhoods, University Park is the 124th largest community in Texas. There's nothing like the smell of a brand new house, and in University Park, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to University Park, and putting down their money on brand new construction. University Park’s real estate is, on average, some of the newest in the nation. University Park does seem to be experiencing an influx of affluent people, because the median household income is $250,001.00.
University Park home prices are not only among the most expensive in Texas, but University Park real estate also consistently ranks among the most expensive in America.
Of important note, University Park is also a city of artists. University Park has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape University Park’s character.
Also of interest is that University Park has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in University Park telecommute to their jobs. Overall, about 18.92% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
University Park is also a college town, where lots of students live while attending area colleges. Because of the high percentage of people living in University Park enrolled in college, University Park has a number of services, amenities and opportunities geared towards the needs and activities of students.
Because of many things, University Park is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, University Park really has some of the features that families look for when choosing a good community to raise children. Is University Park perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, University Park is a pretty powerful place. 89.12% of the adults in University Park have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in University Park in 2022 was $112,326, which is wealthy relative to Texas and the nation. This equates to an annual income of $449,304 for a family of four.
University Park is a somewhat ethnically-diverse city. The people who call University Park home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of University Park residents report their race to be White, followed by Asian. Important ancestries of people in University Park include English, German, Irish, Italian, and French.
The most common language spoken in University Park is English. Other important languages spoken here include Spanish and Chinese.