Located in the state of Florida, University Park is a mid-sized city with a population of 26,150 inhabitants. In University Park, there are 6,553 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, University Park could be considered less diverse than other cities. Additionally, more than a quarter of the population of University Park are of Hispanic or Latino origin, and 83% of the population also speak Spanish. University Park is known to be family friendly as more than 74% of the population has already tied the knot. It might also be worth noting that 66% of residents also have children under the age of 18.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in University Park, Florida could be a good experience for anyone who puts in the time to do the research required. To help you find the best places to live in and around University Park, AreaVibes has created a livability score using key metrics like amenities, crime, weather and more.
The livability score in University Park is 73 out of 100 and the city is ranked in the 76th percentile of all cities across America. If we probe a little deeper into each category within the livability score, we see that University Park has higher than average grades for the following: amenities (A+), weather (A) and education (B). On a less positive note, University Park does not have favorable ranks for the following: cost of living (F), employment (D) and housing (F). If we take a look at the data, we can find out why.
Conveniently located amenities and interesting attractions are a great way to continuously enjoy University Park on a regular basis. Knowing that there are an abundance of amenities and things to do can ensure that you always have access to nearby grocery stores, restaurants and coffee shops.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in University Park is actually affordable. Median real estate prices in University Park come in at $249,500, which is 49.6% higher than the Florida 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 6, which is 76.5% higher than the Florida average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the University Park area were 6.2% and 5 year appreciation rates were 13.3%.