Texas · South · 25k residents
University Park, TX: economy, jobs & business costs
The site-selection read on University Park: labor costs, talent, corporate tax, energy, and business activity, with the Texas median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,500/wk. Texas's corporate income tax rate is 0%. Commercial electricity averages 8.6¢/kWh.
Compare University Park side by side
Avg. weekly wage
$1,500/wk
Corporate income tax
0%
Bachelor's degree or higher
90.8%
Commercial electricity
8.6¢/kWh
Economic momentum
How fast University Park's economy is moving, ranked against the US cities we track.
36/100
Steady
Ranks University Park's residential building-permit growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $1,861,800 |
| Price per sq. ft. | $170 |
| Property tax rate | 1.68% |
| 1-bedroom rent | $1,359/mo |
| 2-bedroom rent | $2,685/mo |
| State & local income tax | 0% |
| Sales tax | 8.2% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,500/wk |
| Bachelor's degree or higher | 90.8% |
| Commercial electricity | 8.6¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $132,150 |
| Wage: Registered nurse | $95,970 |
| Wage: General manager | $103,230 |
| Wage: Customer service | $40,420 |
| Wage: Warehouse worker | $36,840 |
| Wage: Heavy truck driver | $56,290 |
| Wage: Electrician | $58,570 |
| Wage: Retail salesperson | $30,800 |
| Cost of living index | 199 |
| Groceries index | 96 |
| Utilities | $185/mo |
| Transit pass | $96/mo |
| Gas price | $2.90/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,000/mo |
| Median household income | $250,001 |
| Unemployment rate | 4% |
| Population | 25k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 27 min |
| Sunny days / year | 230 days |
| July high | 97°F |
| January low | 38°F |
| Annual snowfall | 2 in |
| Home price YoY | +6.6% |
| Home price MoM | -0.1% |
| Rent YoY | — |
| Rent MoM | 0.0% |
| Employment (jobs) YoY | — |
| Building permits YoY | -20.0% |
| Ocean coast | 266 mi |
| Big lake | 74 mi |
| Mountains | 201 mi |
| Major airport | 3 mi |
| Ski resort | 522 mi |
Popular comparisons
Nearby
- Dallas, TX · 1.3M
- Farmers Branch, TX · 37k
- Addison, TX · 17k
- Richardson, TX · 119k
- Irving, TX · 256k
Similar size
- Katy, TX · 25k
- Princeton, TX · 25k
- Kingsville, TX · 25k
- Sienna, TX · 25k
- Saginaw, TX · 25k
Real listings in University Park
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is University Park a good place to run a business?
- Texas's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,500/wk; commercial electricity averages 8.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in University Park, TX?
- University Park indexes at 199 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,685/mo and a acs median home value of $1,861,800.
- How much does a house cost in University Park?
- The acs median home value in University Park is $1,861,800 (Census ACS estimate; individual listings vary).
- How much is rent in University Park?
- A two-bedroom in University Park rents for about $2,685/mo.