Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 31.6 yrs |
|---|---|
| Avg HH Size | 3.02 |
| Below Poverty | 14.9% ▲ 49% above avg |
| College Grads | 34.7% ▼ 10% below avg |
| Unemployment | 17.1% ▲ 250% above avg |
| No HS Diploma | 18 (0.5%) |
| HS Graduate | 985 (26.6%) |
| Some College | 706 (19.1%) |
| Associates | 708 (19.1%) |
| Bachelors | 351 (9.5%) |
| Graduate Degree | 934 (25.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $64,295 ▼ 16% below avg |
|---|---|
| Median Home Value | $140,500 ▼ 50% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,534/mo |
| Total Housing Units | 2,410 |
| Vacant Units | 247 |
Income Distribution
How People Get to Work
Commute Time
Year Built
University Park is a city in Illinois, located in Will County. The city spans 1 ZIP code and is home to approximately 6,612 residents. It is a relatively young city, with a median age of 31.6 years.
Economically, University Park is a solidly middle-class community. The median household income of $64,295 is below the national average. Approximately 14.9% of residents live below the poverty line. The unemployment rate is 17.1%, more than double the national average.
The real estate market in University Park is one of the more affordable housing markets in the country. Median home values stand at $140,500, which is below the national average. Renters typically pay around $1,534 per month. Homeownership is high at 63.9%, typical of suburban and family-oriented communities.
The population of University Park is moderately educated. 34.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily Black (83.35%).
University Park, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60484 | 6,612 | $64,295 | $140,500 | $1,534 | 17.1% | 34.7% | 63.9% |