About University Park
If you are thinking about moving to University Park, let us tell you a bit more about this city before you make your final decision!
University Park is a city in Dallas County, Texas, United States of America, an inner northern suburb of Dallas. It is a home of the Southern Methodist University, so you can see a lot of young residents around. Schools in the area are just amazing and that makes it perfect for families with kids.
It is one of the most affluent places in Texas and it is ranked as the second wealthiest city in the US. Poverty rate is very low, but if you decide to move to University Park you will have to spend a bit more money than in the rest of the Dallas neighborhoods. Median household income is $198,438.
There are few parks in the University Park, such as Burleson Park, Caruth Park, Coffee Park, Curtis Park and many more. This is what makes University Park a perfect city for those who love spending time outdoors.
Within Curtis Park, you can find the Holmes Aquatic Center with different pools, a water slide and a bunch of activities for kids.
There are also multiple sports courts, so you can enjoy tennis, basketball or volleyball any time.
History of University Park
University Park began as a cluster of homes surrounding the fledgling Southern Methodist University, which was founded in the then-rural Dallas County in 1915. The university supplied these homes with utility service until 1924, when the growing population could no longer be supported by the school’s utilities. In response, the area’s homeowners first sought annexation into the town of Highland Park, but were refused due to the high cost that would have been required to provide the necessary utility and safety services. Shortly thereafter, Dallas also refused a request for annexation on similar grounds.
Community leaders organized to incorporate as a separate individual city. According to state law, incorporation required that area residents hold an election on the issue before the new city could be officially formed and recognized. On April 24, 1924, voters approved the measure by a 5:1 margin. Operating under the commission form of government, the city began the work of shaping the new government and addressing the pressing need to establish basic municipal services. To provide for the financial needs of the city, another election was held soon thereafter to authorize the issuance of municipal bonds. Passing by a near unanimous margin, the $150,000 bond issue funded the installation of a new water supply system, street paving, and the construction of a new city hall and fire station. When first incorporated, the city encompassed 515 acres (2.08 km2), 380 homes, and 1200 residents.
Originally University Park was a middle class community. But that changed dramatically and the demographic makeup became wealthier, with smaller houses being replaced by larger ones circa the 1970s.