University Park is a medium-sized city located in the state of Texas. With a population of 24,985 people and five constituent neighborhoods, University Park is the 119th largest community in Texas. Much of the housing stock in University Park was built relatively recently. The construction of new real estate can often be taken as an indication that the local University Park economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in University Park, where the median household income is $224,485.00.
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.
University Park is a decidedly white-collar city, with fully 98.09% 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 (25.78%), sales jobs (12.89%), and business and financial occupations (11.53%).
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 12.28% 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.
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.
Do you like to read, write and learn? If you move to University Park, you'll likely find that many of your neighbors like to as well. University Park is one of the more educated communities in America, with a full 87.80% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in University Park in 2018 was $99,649, which is wealthy relative to Texas and the nation. This equates to an annual income of $398,596 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 Scottish.
The most common language spoken in University Park is English. Other important languages spoken here include Spanish and Chinese.