Most Expensive University Park Neighborhoods
University Park is a medium-sized city located in the state of Texas. With a population of 24,396 people and five constituent neighborhoods, University Park is the 119th largest community in Texas.
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.
University Park is a decidedly white-collar city, with fully 95.45% of the workforce employed in white-collar jobs, well above the national average. Overall, University Park is a city of managers, professionals and sales and office workers. There are especially a lot of people living in University Park who work in management occupations (23.54%), sales jobs (14.99%) and business and financial occupations (10.74%).
A relatively large number of people in University Park telecommute to their jobs. Overall, about 11.82% 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.
Because there are quite a few people attending college in University Park, it is thought of as a college town. To the benefit of the many students in the area, University Park provides a number of services, amenities and opportunities geared towards their needs and activities.
University Park, while not large, also appears to be attractive to some younger, educated professionals, who help shape the character of the city.
University Park is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, University Park’s overall crime rate is lower than average for the country.
Compared to the rest of the country, citizens of University Park spend much less time in their cars: on average, their commute to work is only 18.76 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
If knowledge is power, University Park is a pretty powerful place. 83.26% 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 2010 was $78,203, which is wealthy relative to Texas and the nation. This equates to an annual income of $312,812 for a family of four.
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, French, Scottish and Italian.
The most common language spoken in University Park is English. Some people also speak Spanish.
|UNIVERSITY PARK INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||7,186|
|UNIVERSITY PARK HOME OWNERSHIP|
|% OWNER OCCUPIED||67.50%|
|% RENTER OCCUPIED||32.50%|
|TYPE OF UNIVERSITY PARK HOMES|
|SINGLE FAMILY DETACHED||70.90%|
|ROWHOUSES AND ATTACHED HOMES||13.01%|
|SMALL APARTMENT BUILDINGS||8.04%|
|COMPLEXES OR HIGH RISE APARTMENTS||7.88%|
|SIZE OF UNIVERSITY PARK HOMES|
|5 OR MORE BEDROOMS||17.03%|
|AGE OF UNIVERSITY PARK HOMES|
|NEWER HOMES (2000 OR LATER)||21.13%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||31.56%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||25.63%|
|HISTORIC (1939 OR BEFORE)||21.68%|
|UNIVERSITY PARK REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$1,307,262|
|MEDIAN RENTAL PRICE||$2,048|
|HOME VALUE RANGE|
|$0 - $68,000||1.32%|
|$68,001 - $135,000||0.86%|
|$135,001 - $270,000||3.21%|
|$270,001 - $405,000||3.38%|
|$405,001 - $540,000||1.23%|
|$540,001 - $675,000||2.72%|
|$675,001 - $1,013,000||17.70%|
|$1,013,001 - $1,350,000||20.95%|
|PEOPLE OF UNIVERSITY PARK||DETAILS|
|UNDER 5 YEARS||4.89%|
|5 TO 17||24.66%|
|18 TO 24||18.21%|
|25 TO 34||5.02%|
|35 TO 54||30.24%|
|55 TO 64||9.96%|
|65 YEARS AND OVER||7.01%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||99.46%|
|MEDIAN HOUSEHOLD INCOME||$176,836|
|PER CAPITA INCOME||$78,203|
|INDIVIDUALS BELOW POVERTY LEVEL||5.21%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.52%)
Real estate (7.59%)
Information Technology (3.92%)
|BLACK OR AFRICAN AMERICAN||0.81%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.13%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.08%|
|SOME OTHER RACE ALONE||0.48%|
|TWO OR MORE RACES||1.46%|
|HISPANIC OR LATINO (OF ANY RACE)||4.36%|
|ETHNICITIES PRESENT||English (22.05%)
|LANGUAGES SPOKEN||English (90.57%)
Get matched with a pre-screened, customer-rated real estate agent and receive up to $2,000 or more when you buy or sell.
Get the Ultimate Agent…
We screen Real Estate Professionals according to rigorous sales and service benchmarks, and we constantly survey our customers to make sure that Brokers in our elite network are meeting your highest standards. We guarantee it.†
…Plus a Cash Award
How much cash could I get?
Select an option below. You'll hear from us within 1 business hour.
Copyright © 2000-2016 Location Inc®. All the trademarks displayed on this page are the property of Location, Inc®. The NeighborhoodScout® search engine is covered under US Patents No. 7,043,501 and 7,680,859. Our nationally-comparable school ratings are covered under US Patent No. 8,376,755. Other US patent applications are currently pending.