University Park, IA
Population 704 · Iowa
About University Park, IA
University Park is a small community in Iowa with a population of 704 residents. The median household income is $65,815 per year, which is near the national average. The median age in University Park is 25.9 years.
Housing in University Park has a median home value of $92,700 and median monthly rent of $731. Of the 286 total housing units, the majority are owner-occupied, with 154 owner-occupied and 113 renter-occupied units.
The unemployment rate in University Park is 3.9% and the poverty rate is 9.8%. 19.3% of residents hold a bachelor's degree or higher. The average commute time is 15.6 minutes.
Cost of Living in University Park, IA
Compared to national averages, University Park has a median household income of $65,815 (12% below the national median of $75,149). Home values average $92,700, which is 62% below the national median. Monthly rent at $731 is 37% below the US average of $1,163. Within Iowa, University Park's income is 3% below the state average of $67,947, and home values are 30% below the state median of $132,237.
Why Live in University Park, IA?
University Park offers affordable housing with a median home value of $92,700, below the US average of $244,900, and rent that’s lower than the national average at $731/month, and a low poverty rate of 9.8%, better than the national average. Additionally, the city features short commute times averaging just 15.6 minutes.
Potential considerations include median household income ($65,815) that falls below the national average. However, University Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
University Park has a population of 704 with a median age of 25.9 years. Compare University Park with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near University Park
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Boyden | 702 | $81,354 | $175,300 | Compare |
| Long Grove | 707 | $124,297 | $295,900 | Compare |
| Ventura | 708 | $83,125 | $344,800 | Compare |
| Armstrong | 709 | $52,279 | $86,400 | Compare |
| Hazleton | 698 | $53,542 | $80,100 | Compare |
| Wellsburg | 710 | $63,125 | $110,800 | Compare |
| Stratford | 696 | $40,833 | $81,100 | Compare |
| Melbourne | 714 | $82,857 | $147,400 | Compare |
Demographics
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Economy & Education
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Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about University Park
What is the population of University Park, IA?
The population of University Park, IA is 704 according to the latest Census data.
What is the median household income in University Park?
The median household income in University Park, IA is $65,815 per year.
What is the median home value in University Park?
The median home value in University Park, IA is $92,700.
What is the average rent in University Park?
The median monthly rent in University Park, IA is $731.
What is the unemployment rate in University Park?
The unemployment rate in University Park, IA is 3.9%.