
Conveniently located, the area boasts a variety of amenities, including grocery stores, shopping, coffee shops and entertainment options all within walking distance.
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.
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.
With higher than average median household income, income per capita and lower unemployment rates, this area scores extremely well in the employment category.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
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.
University Park, Maryland is a small city with a population of 2,716 inhabitants. In University Park, there are 5,381 people per square mile, which is well above the national population density average. According to the most recent Census, 72% of University Park residents are White, 14% Black and 5% Asian. Something to be aware of when living in University Park are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 34 minutes, this comes in much higher than the national average of 26 minutes.
Living in University Park can be a good experience for anyone moving to the city. Having said that, in the state of Maryland, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. With useful information like crime, health & safety, education, employment, housing and other key data points, finding the best places to live in University Park and in the areas around University Park is a much easier task.
The livability score in University Park is 93/100 and the city is ranked in the 99th percentile of all cities across America. Clearly, University Park is doing something right, as this score ranks well above the average of most cities. University Park also ranks in the top 10 percent of all cities, which is no small feat! There are nine total categories that create the livability score. University Park ranks well for crime (A+), education (A+) and housing (A+) There is at least one category that does not have great scores in University Park. The following was graded with a discouraging score: cost of living (F).
University Park has many conveniently situated amenities and captivating attractions that adds to the continuous enjoyment of your everyday life. Having the assurance of abundant conveniences and a wide array of activities ensures your easy access to nearby grocery stores, restaurants, bars, fitness facilities, coffee shops and exciting entertainment options. This not only simplifies daily routines but also fosters a vibrant and dynamic lifestyle within the community. With a wealth of resources at your fingertips, you can savor the convenience and variety that University Park has to offer, making it a desirable destination for those seeking both accessibility and enjoyment in their daily lives.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. University Park shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 42 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
The unemployment rate in University Park has consistently declined over the years and currently stands well below the national average at 0.6%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. University Park excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in University Park. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in University Park are affordable. The median home price for University Park homes is $877,154, which is 69.5% higher than the Maryland average. If we take a closer look at the affordability of homes in University Park, we’ll see that the home price to income ratio is 3.8, which is 17.4% lower than the Maryland average.
| Statistic | University Park | Maryland | National |
| Average one way commute | 34min | 32min | 26min |
| Workers who drive to work | 50.5% | 73.7% | 76.4% |
| Workers who carpool | 2.3% | 9.3% | 9.3% |
| Workers who take public transit | 23.6% | 8.9% | 5.1% |
| Workers who bicycle | 2.5% | 0.3% | 0.6% |
| Workers who walk | 2.3% | 2.4% | 2.8% |
| Working from home | 17.7% | 4.4% | 4.6% |