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The total population of University Park is estimated to be 2,610 with 1,339 males (51.30%) and 1,271 females (48.70%). There are 68 less females than males in University Park.
The median household income in University Park was $172,367 in 2021, which marked an a decrease of 3,152(1.80%) from $175,519 in 2020. This income is 231.04% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, University Park sees its highest median household income among householders in the age group of 25 to 44 years old, at $228,343. Overall, the median household income for the town of University Park stands at $172,367.
In University Park, the median income for all workers aged 15 years and older, regardless of work hours, was $73,579 for males and $89,369 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $130,877 for males and $105,582 for females.
In University Park, there are just three different racial groups among households. Among these, Black or African American households report a median household income of $216,914, followed by White households at $176,189, and Asian households with a median household income of $89,986.
In 2022, the population of University Park was 2,386, a 1.12% decrease year-by-year from 2021. Previously, in 2021, University Park's population was 2,413, a decline of 1.15% compared to a population of 2,441 in 2020.
The median age in University Park, MD is 45.5, as per 2021 ACS 5-Year Estimates. Of the total population, 19.22% were under the age of 15, 8.77% aged 15 to 29, 51.17% aged 30 to 64, 19.36% aged 65 to 84, and 1.48% were 85 years of age and older.
Racial distribution of University Park population: 70.86% are White, 14.85% are Black or African American, 2.92% are Asian, 7.29% are some other race and 4.07% are multiracial.