University Park, Texas Income Statistics
University Park Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
University Park Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | University Park | Texas Avg | US Average |
|---|---|---|---|
| Median Household Income | $207,349 | $78,939 | $80,455 |
| Median Personal Income | $131,609 | $56,913 | $60,758 |
| Average Yearly Income Growth | 0.5% | 4.6% | 4.8% |
| Six-Figure Earners | 34.0% | 13.0% | 13.9% |
| $200k+ Households | 58.6% | 12.5% | 13.2% |
The median household income in University Park is about 163% higher than in Texas. Income has been growing slower in University Park (0.5%/yr) than in Texas (4.6%/yr).
About 34% of adults in University Park earn six figures ($100,000 or more) a year, higher than the Texas average of 13%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in University Park, Texas grew by 44.1% from 2009 to 2024, reaching $207,349 in 2024. That's an average of about 0.5% per year.
Income Inequality and the Gender Pay Gap in University Park
| Metric | University Park | Texas Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.615 | 0.570 | 0.552 |
| Male Median Income | $139,109 | $66,147 | $69,667 |
| Female Median Income | $117,252 | $53,058 | $56,850 |
| Gender Pay Gap | 15.7% | 19.8% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In University Park, it is 0.615, higher than Texas's 0.570, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 19% more than women's income in University Park, Texas. Over a 35-year career, a 19% wage gap accumulates to roughly $764,995 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in University Park, Texas has narrowed from about 44% to 16% in 2024. Over that period the gap was widest at 50% in 2012. In dollar terms, the gap has narrowed by $35,594 since 2009.
Employment
| Metric | University Park | Texas Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 5.2% | 5.2% |
| Working from Home | 22.7% | 14.4% | 15.0% |
| Commute time (minutes) | 16 | 22 | 22 |
Approximately 399 people are unemployed in University Park, Texas.
The average commute time in University Park is 16 minutes, shorter than the 22 minutes in Texas.
Unemployment Rate Over Time
Since 2011, the unemployment rate in University Park, Texas has fallen from 6.4% to 3.6% in 2024. Over that period the rate peaked at 6.9% in 2012 and fell as low as 3.1% in 2017.
University Park, TX Wealth Compared With Nearby Cities
University Park, TX is typical in size for this group, 25,094 residents against a local median of 29,458, so the measures below are close to a like for like comparison. University Park, TX's median household income, at $207,349, runs 186% above the $72,551 typical of the cities around it. That is the better end of the local range on this measure.
Income growth tells the same story from another angle: 0.5%/yr against a local median of 4.8%/yr, 90% below it. The picture is mixed rather than uniform: median household income runs ahead of the neighbourhood while income growth runs behind it, so University Park, TX is trading one against the other rather than simply out-performing what surrounds it. The cities themselves sit within $17,335 of each other on median household income, a tighter band than the gap between any of them and University Park, TX, which makes it a genuine outlier here rather than one end of a wide local spread. University Park, TX has the highest median household income of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| University Park, TX | 25,094 | $207,349 #1/4 | 0.5%/yr #4/4 | 3.6% #3/4 | 0.615 #4/4 |
| Dallas, TX | 1,350,137 | $71,464 | 5.6%/yr | 4.9% | 0.558 |
| Farmers Branch, TX | 29,458 | $88,799 | 4.8%/yr | 1.9% | 0.514 |
| Addison, TX | 20,794 | $72,551 | 2.4%/yr | 2.9% | 0.449 |
Conclusion
Considering all these factors, University Park, Texas has an overall wealth index grade of A+, making it far better than Texas, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in University Park, Texas.
How Wealthy Is University Park, Texas?
University Park has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $207,349, about 163% higher than the Texas average of $78,939.
How fast is household income rising in University Park, Texas?
Between 2009 and 2024, the median household income in University Park, Texas rose 44%, from $143,906 to $207,349. Over the same years, income here lagged behind Texas as a whole: +44% against +64%.
What was the median household income in University Park in 2023?
In 2023, the median household income in University Park, Texas was $208,034, about the same as in 2022. The Texas median that year was $76,528.
What was the median household income in University Park in 2020?
In 2020, the median household income in University Park, Texas was $206,398. By 2024 it was about the same, at $207,349.
Is University Park, Texas a high-income area?
Yes. 34% of adults in University Park, Texas earn $100,000 or more a year (about 1 in 3), against 13% (about 1 in 8) in Texas. 59% of households have a combined income of $200,000 or more, compared with 12% in Texas.
Is unemployment high in University Park, Texas?
Unemployment in University Park, Texas is only 3.6%, well below the Texas rate of 5.2%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in University Park, Texas?
The Gini coefficient in University Park is 0.615. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in University Park, Texas?
Since 2009, the income gap between men and women in University Park, Texas has narrowed from about 44% to 16% in 2024. Over that period the gap was widest at 50% in 2012. In dollar terms, the gap has narrowed by $35,594 since 2009.
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