Housing costs in University Park?
A typical home costs
$1,659,500, which is 390.8% more expensive than the national average of
$338,100 and 457.6% more expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in University Park costs
$2,250 per month, which is 75.8% more than the national average of
$1,280 and 32.0% more than the state average of
$1,530.
Can I afford University Park?
To live comfortably in University Park (zip 75205), Texas, a minimum annual income of
$317,880 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about University Park?
The cost of living in 75205 University Park, TX is quite high. In comparison to the national average, the cost of living is more than 50% higher. The average home price in this area is around $1.3 million and rental prices are usually around $2,100 per month. Additionally, the sales tax rate for University Park is 8.25%. The high cost of living can be attributed to the location being close to Dallas and being an affluent neighborhood.