Living in University, Florida
Cost of living, income, home prices, rent and demographics of University · Census data 2020–2024
University has 41,902 residents with a median age of 20.4. The median household income is $59,852 (20% lower than the Florida median), the median home value is $298,900, the median rent is $1,445/month.
University at a glance
- Population
- 41,902
- Median age
- 20.4State: 42.6
- Median household income
- $59,852State: $74,568
- Median home value
- $298,900State: $359,000
- Median rent
- $1,445/moState: $1,669
- Homeowners
- 37.4%
- Bachelor's degree or higher
- 34%
- Average commute
- 24 min
Is University a good place to live?
Pros: Home values 17% lower than the state median; an average commute of 24 minutes.
Cons: Median household income 20% lower than the Florida median; unemployment of 8.4%; a poverty rate of 27%.
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 $298,900, 10% lower than the U.S. median. Renters pay a median of $1,445 per month, which is 35% of household income. Homeowners with a mortgage pay $1,640 a month in housing costs.
University median household income
The median household income in University is $59,852 and the income per person is $17,389. 27% of residents live below the poverty line (Florida: 12.6%).
Housing in University: homes for sale and rent
- Housing units
- 10,271
- Owner-occupied
- 37.4%
- Renter-occupied
- 62.6%
- Vacant
- 16.2%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.34
University demographics
- Population
- 41,902
- Median age
- 20.4
- Under 18
- 5.6%
- 65 and older
- 6.6%
- Households
- 8,612
- Foreign-born
- 12.8%
- Veterans
- 2.9%Adults 18+
Hispanic or Latino can be of any race. Population history of University ›
Education in University
34% of adults 25 and older in University have a bachelor's degree or higher (Florida: 34.1%), and 14.6% have a graduate or professional degree.
Jobs and commute in University
- Unemployment rate
- 8.4%State: 4.8%
- Average commute
- 24 minState: 28 min
- Work from home
- 16.2%
- Drive alone
- 67.7%
- Public transit
- 1.3%
- Walk to work
- 5.2%
- Homes with broadband
- 89%
University vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| University | 41,902 | $59,852 | $298,900 | $1,445 |
| Union Park | 10,615 | $70,000 | $324,800 | $1,473 |
| Alafaya | 92,449 | $100,950 | $425,500 | $1,999 |
| Oviedo | 40,599 | $117,070 | $454,000 | $1,955 |
| Goldenrod | 12,878 | $67,563 | $358,700 | $1,734 |
| Chuluota | 2,187 | $97,688 | $362,100 | $1,693 |
| Rio Pinar | 4,985 | $99,881 | $389,500 | $2,488 |
| Bithlo | 10,486 | $92,441 | $377,500 | $1,388 |
| Azalea Park | 16,180 | $63,490 | $283,500 | $1,560 |
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 $59,852, 20% 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 $298,900, compared with $359,000 in Florida.
How much is rent in University?
The median gross rent in University is $1,445 per month, about 35% of household income.
Is University, FL a good place to live?
Pluses: home values 17% lower than the state median; an average commute of 24 minutes. Minuses: median household income 20% lower than the Florida median; unemployment of 8.4%; a poverty rate of 27%.
What is the median age in University?
The median age in University is 20.4 years (Florida: 42.6).
How long is the commute in University?
The average commute to work in University is 24 minutes; 16.2% of workers work from home.
What is the unemployment rate in University?
The unemployment rate in University is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is University?
34% 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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