University Park, MD
Population 2,636 · Maryland
About University Park, MD
University Park is a small town located in Maryland with a population of 2,636 residents according to the latest US Census Bureau American Community Survey data. The median household income is $197,589 per year, which is 163% above the national median of $75,149. The median age of 49.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in University Park features a median home value of $610,100, which is 149% above the national median of $244,900. This places University Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,406, 107% above the national average of $1,163/month. Of the 1,028 total housing units, 97% are owner-occupied (956 units) and 3% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in University Park shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 2.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in University Park have an average one-way commute time of 36.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
78.0% of University Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 8.0% Asian residents, with 14.0% of the population being foreign-born.
How University Park Ranks in Maryland
Cost of Living in University Park, MD
Compared to national averages, University Park has a median household income of $197,589 (163% above the national median of $75,149). Home values average $610,100, which is 149% above the national median. Monthly rent at $2,406 is 107% above the US average of $1,163. Within Maryland, University Park's income is 83% above the state average of $107,956, and home values are 52% above the state median of $402,447.
Why Live in University Park, MD?
University Park offers a strong local economy with a median household income of $197,589, well above the national average, and a well-educated community where 78.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $610,100. However, University Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
University Park has a population of 2,636 with a median age of 49.3 years. Compare University Park with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near University Park
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Huntingtown | 2,634 | $177,870 | $593,500 | Compare |
| Jarrettsville | 2,629 | $161,510 | $487,500 | Compare |
| Forest Heights | 2,619 | $96,434 | $346,800 | Compare |
| Paramount-Long Meadow | 2,660 | $101,763 | $340,500 | Compare |
| Braddock Heights | 2,606 | $114,750 | $532,200 | Compare |
| Greensboro | 2,563 | $44,934 | $230,600 | Compare |
| Snow Hill | 2,545 | $49,583 | $194,300 | Compare |
| Croom | 2,519 | $176,758 | $614,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare University Park With Other Cities
Frequently Asked Questions about University Park
What is the population of University Park, MD?
The population of University Park, MD is 2,636 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Maryland.
What is the median household income in University Park?
The median household income in University Park, MD is $197,589 per year, which is 163% above the national median of $75,149.
What is the median home value in University Park?
The median home value in University Park, MD is $610,100, which is 149% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in University Park?
The median monthly rent in University Park, MD is $2,406, which is 107% above the national average of $1,163/month.
What is the unemployment rate in University Park?
The unemployment rate in University Park, MD is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is University Park, MD a good place to live?
University Park offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,636 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is University Park, MD?
78.0% of residents in University Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in University Park?
Key cost-of-living indicators for University Park, MD: median home value is $610,100 (149% above national), median rent is $2,406/month, and median household income is $197,589. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in University Park?
The poverty rate in University Park, MD is 2.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is University Park, MD?
University Park's population is 4.8% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 8.0% Asian, and 19.0% two or more races. 14.0% of residents are foreign-born.