Living in University Park, New Mexico
Cost of living, income, home prices, rent and demographics of University Park · Census data 2020–2024
University Park has 2,782 residents with a median age of 20.1. The median household income is $30,156 (53% lower than the New Mexico median), the median rent is $792/month.
University Park at a glance
- Population
- 2,782
- Median age
- 20.1State: 39.4
- Median household income
- $30,156State: $64,059
- Median rent
- $792/moState: $1,067
- Homeowners
- 0%
- Bachelor's degree or higher
- 63.6%
- Average commute
- 12 min
Is University Park a good place to live?
Pros: An average commute of 12 minutes.
Cons: Median household income 53% lower than the New Mexico median; unemployment of 14%; a poverty rate of 30.2%.
The weather is best in March–April and October–November.
Cost of living in University Park
Housing is the biggest part of the cost of living. In University Park the median home value is —. Renters pay a median of $792 per month, which is 28.4% of household income. Homeowners with a mortgage pay — a month in housing costs.
University Park median household income
The median household income in University Park is $30,156 and the income per person is $8,341. 30.2% of residents live below the poverty line (New Mexico: 17.8%).
Housing in University Park: homes for sale and rent
- Housing units
- 577
- Owner-occupied
- 0%
- Renter-occupied
- 100%
- Vacant
- 71.1%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.00
71.1% of homes are vacant most of the year, a sign that University Park has many vacation and second homes.
University Park demographics
- Population
- 2,782
- Median age
- 20.1
- Under 18
- 4.3%
- 65 and older
- 0%
- Households
- 167
- Foreign-born
- 4.6%
- Veterans
- 1.7%Adults 18+
Hispanic or Latino can be of any race. Population history of University Park ›
Education in University Park
63.6% of adults 25 and older in University Park have a bachelor's degree or higher (New Mexico: 31%), and 19.1% have a graduate or professional degree.
Jobs and commute in University Park
- Unemployment rate
- 14%State: 6%
- Average commute
- 12 minState: 24 min
- Work from home
- 15.4%
- Drive alone
- 36.1%
- Public transit
- 2.5%
- Walk to work
- 37.8%
- Homes with broadband
- 77.8%
University Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| University Park | 2,782 | $30,156 | — | $792 |
| Tortugas | 381 | $31,554 | $83,200 | — |
| San Pablo | 696 | $68,047 | $273,300 | — |
| Mesilla | 1,717 | $74,750 | $301,400 | $994 |
| Las Cruces | 114,197 | $55,422 | $231,700 | $974 |
| San Ysidro | 2,118 | $89,473 | $335,300 | $916 |
| Picacho Hills | 2,002 | $120,850 | $456,400 | — |
| Mesquite | 675 | $70,692 | $96,400 | — |
| San Miguel | 772 | $55,145 | $116,500 | — |
More for people moving to University Park
University Park ZIP code ›Weather and climate ›Living in University Park: FAQ
What is the median household income in University Park, NM?
The median household income in University Park is $30,156, 53% lower than the New Mexico median of $64,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How much is rent in University Park?
The median gross rent in University Park is $792 per month, about 28.4% of household income.
Is University Park, NM a good place to live?
Pluses: an average commute of 12 minutes. Minuses: median household income 53% lower than the New Mexico median; unemployment of 14%; a poverty rate of 30.2%.
What is the median age in University Park?
The median age in University Park is 20.1 years (New Mexico: 39.4).
How long is the commute in University Park?
The average commute to work in University Park is 12 minutes; 15.4% of workers work from home.
What is the unemployment rate in University Park?
The unemployment rate in University Park is 14% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is University Park?
63.6% of adults in University Park 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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