Amenities
Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.
Commute
The high commute score in this area could imply easy access to public transportation, as well as shorter-than-average commute times to your workplace.
Crime
This area boasts a crime rate that is far below the national average, making it a very safe place to live. These crime statistics encompass both property and violent offenses.
Employment
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Cost Of Living
This area is known for its high cost of living, which means you should anticipate higher costs for everyday goods and services, housing, groceries, and health care.
Located in the state of Texas, University Park is a mid-sized city with a population of 25,027 people. With a population density of 6,790 people per square mile, University Park is well above the nation's average density level. The majority of University Park residents report their race to be White; this is followed by Asian and Black. If you prefer shorter commutes, living in University Park will be a delight. With an average one-way commute time of just 19 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Are you trying to figure out if living in University Park is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Texas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like health & safety, education, housing, you can easily compare the best places to live in University Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare University Park to Texas and the national average.
University Park has a livability score of 82/100 and is ranked #16 in Texas and #775 in the USA. Clearly, University Park is doing something right, as this score ranks well above the average of most cities. Another exciting tidbit, is that University Park ranks better than 90% of all US cities! For each of the livability categories, we can establish that University Park ranks very well for amenities (A), crime (A+), education (A+) and housing (B-). Unfortunately for University Park, there are some categories for which it does not score well, this includes: cost of living (F).
If you're considering living in University Park, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, University Park provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area. Some of the interesting things to do and attractions include: Southern Methodist University, Gerald J. Ford Stadium, and McFarlin Auditorium.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. University Park has a violent crime rate of 40 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that University Park has an unemployment rate of 2.66% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their University Park apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
University Park real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in University Park. Median real estate prices in University Park come in at $1,351,400, which is 847% higher than the Texas average. The home price to income ratio compares the median home prices to the median household income. In University Park, the home price to income ratio is 5.5, which is 111.5% higher than the Texas average.
| Statistic | University Park | Texas | National |
| Average one way commute | 19min | 26min | 26min |
| Workers who drive to work | 73.4% | 80.3% | 76.4% |
| Workers who carpool | 4.3% | 10.6% | 9.3% |
| Workers who take public transit | 0.7% | 1.5% | 5.1% |
| Workers who bicycle | 0.3% | 0.3% | 0.6% |
| Workers who walk | 6.2% | 1.6% | 2.8% |
| Working from home | 14.4% | 4.3% | 4.6% |
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