Located in the state of Texas, University Park is a mid-sized city with a population of 24,346 inhabitants. In University Park, there are 6,605 people per square mile, which is well above the national population density average. According to the most recent Census, 92% of University Park residents are White, 5% Asian and 1% Black. University Park could be a great place for young adults and students as the average age of 33 years old is below the nation’s average. University Park has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 86% of the population is classified as married and 37% have kids.
Without the right tools, moving to any new town can be very stressful and challenging. Living in University Park, Texas could be a fulfilling experience for anyone who puts in the effort to do the research required. With useful information like amenities, crime, education, employment 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.
University Park, TX receives 85/100 for its livability score; this results in a ranking of #126 in Texas and #384 in the USA. This is a terrific score, as University Park ranks well in multiple categories! University Park is also ranked in the top 10 percentile of all cities across the USA. If we examine each of the categories on their own, we see that University Park ranks well for amenities (A+), crime (A+), weather (B), education (A+) and employment (A+). There is at least one category that does not have great scores in University Park. The following was graded with a concerning score: cost of living (F).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., University Park has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. University Park gets top scores for their low violent crime rates of 44 crimes per 100,000 residents, which are significantly lower than the national average.
The average school test scores in University Park are 98%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to University Park is real estate affordability. The median home price for University Park homes is $1,102,500, which is 672.6% higher than the Texas 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 5.6, which is 115.4% higher than the Texas 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 4.7% and 5 year appreciation rates were 7.2%.
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