Living in University, Florida
Cost of living, income, home prices, rent and demographics of University · Census data 2020–2024
University has 48,127 residents with a median age of 28. The median household income is $37,207 (50% lower than the Florida median), the median home value is $164,900, the median rent is $1,295/month.
University at a glance
- Population
- 48,127
- Median age
- 28State: 42.6
- Median household income
- $37,207State: $74,568
- Median home value
- $164,900State: $359,000
- Median rent
- $1,295/moState: $1,669
- Homeowners
- 12.9%
- Bachelor's degree or higher
- 20.6%
- Average commute
- 28 min
Is University a good place to live?
Pros: Home values 54% lower than the state median; an average commute of 28 minutes.
Cons: Median household income 50% lower than the Florida median; unemployment of 5.1%; a poverty rate of 37%.
The weather is best in February–March and November–December.
Cost of living in University
Housing is the biggest part of the cost of living. In University the median home value is $164,900, 50% lower than the U.S. median. Renters pay a median of $1,295 per month, which is 41.9% of household income. Homeowners with a mortgage pay $1,400 a month in housing costs.
University median household income
The median household income in University is $37,207 and the income per person is $21,042. 37% of residents live below the poverty line (Florida: 12.6%).
Housing in University: homes for sale and rent
- Housing units
- 23,366
- Owner-occupied
- 12.9%
- Renter-occupied
- 87.1%
- Vacant
- 13.3%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.27
University demographics
- Population
- 48,127
- Median age
- 28
- Under 18
- 18%
- 65 and older
- 9.4%
- Households
- 20,256
- Foreign-born
- 25.6%
- Veterans
- 4.4%Adults 18+
Hispanic or Latino can be of any race. Population history of University ›
Education in University
20.6% of adults 25 and older in University have a bachelor's degree or higher (Florida: 34.1%), and 7.5% have a graduate or professional degree.
Jobs and commute in University
- Unemployment rate
- 5.1%State: 4.8%
- Average commute
- 28 minState: 28 min
- Work from home
- 12.9%
- Drive alone
- 60.7%
- Public transit
- 3.2%
- Walk to work
- 3.7%
- Homes with broadband
- 84.6%
University vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| University | 48,127 | $37,207 | $164,900 | $1,295 |
| Lake Magdalene | 32,083 | $75,594 | $371,800 | $1,434 |
| Temple Terrace | 27,275 | $69,252 | $334,800 | $1,594 |
| Lutz | 27,106 | $120,031 | $486,500 | $1,823 |
| Carrollwood | 36,725 | $81,959 | $384,600 | $1,715 |
| Egypt Lake-Leto | 35,873 | $54,032 | $315,100 | $1,482 |
| Northdale | 25,710 | $94,926 | $418,900 | $1,797 |
| East Lake-Orient Park | 29,213 | $56,573 | $233,200 | $1,555 |
| Cheval | 13,969 | $101,907 | $525,700 | $1,442 |
More for people moving to University
University ZIP code ›Weather and climate ›Living in University: FAQ
What is the median household income in University, FL?
The median household income in University is $37,207, 50% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in University?
The median home value in University is $164,900, compared with $359,000 in Florida.
How much is rent in University?
The median gross rent in University is $1,295 per month, about 41.9% of household income.
Is University, FL a good place to live?
Pluses: home values 54% lower than the state median; an average commute of 28 minutes. Minuses: median household income 50% lower than the Florida median; unemployment of 5.1%; a poverty rate of 37%.
What is the median age in University?
The median age in University is 28 years (Florida: 42.6).
How long is the commute in University?
The average commute to work in University is 28 minutes; 12.9% of workers work from home.
What is the unemployment rate in University?
The unemployment rate in University is 5.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is University?
20.6% of adults in University have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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