Cost of Living in University Park, Texas
University Park has a population of about 25,155. The median household income is $250,001, median gross rent is $3,272/month, and the median home value is $1,861,800. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is University Park expensive to live in?
Compared with the national median in this dataset, rent in University Park is 98% above the national median and home values are 397% above the national median. Household income here is 198% above the national median. Monthly rent represents roughly 16% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in University Park?
The median gross rent in University Park, Texas is $3,272 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in University Park?
The median owner-occupied home value in University Park is $1,861,800 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in University Park?
The median household income in University Park is $250,001 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.