HomeIllinoisWill CountyUniversity Park village
University Park village, Illinois: commercial real estate data.
University Park village is a Census village of 7,306 people across 10.73 square miles of land, in Will County. Median household income is $73,844, 63.7 percent of occupied homes are owned, and the SBA record carries 6 7(a) approvals to borrowers here worth $2.4 m.
80 sourced place values · tier FULL · 9 sections
University Park
What University Park is
- Census place typevillage
- Land area10.73 sq mi
- Water area0 sq mi
- Population per square mile of land681
- County holding the largest share of its areaWill County, 99.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Park
How many people live in University Park
- Population7,306
- Median age32.1
- Population under 182,112
- Share under 1828.9 percent
- Population 65 and over829 plus or minus 205
- Share 65 and over11.3 percent plus or minus 2.7
- Households2,516
- Family households1,891
- Share of households that are families75.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Park
Income and work in University Park
- Median household income$73,844
- Per capita income$32,951 plus or minus $6,713
- Civilian labor force3,624
- Employed3,049
- Unemployed575 plus or minus 178
- Unemployment rate15.9 percent plus or minus 4.5
- Adults 25 and over4,192
- Adults 25 and over with a high school diploma or higher94.6 percent
- Adults 25 and over with a bachelor degree or higher26.5 percent plus or minus 5.8
- Adults 25 and over with a graduate degree9.9 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Park
Housing in University Park
- Housing units2,801
- Occupied units2,516
- Vacant units285 plus or minus 125
- Vacancy rate10.2 percent plus or minus 4.4
- Owner occupied1,602
- Renter occupied914 plus or minus 215
- Ownership rate63.7 percent
- Median owner-occupied home value$153,200
- Median gross rent, monthly$1,649
- Annual rent as a share of median income26.8 percent
- Single family units1,954
- Share single family69.8 percent
- Units in buildings of two or more726 plus or minus 214
- Share in buildings of two or more25.9 percent plus or minus 7.3
- Mobile homes121 plus or minus 124
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Park
How University Park gets to work
- Workers 16 and over who commute2,674
- Commuting under 15 minutes504 plus or minus 212
- Share commuting under 15 minutes18.8 percent plus or minus 7.2
- Commuting 30 minutes or more1,481 plus or minus 337
- Share commuting 30 minutes or more55.4 percent
- Drove alone75.8 percent
- Carpooled6.9 percent plus or minus 5.4
- Public transport4.0 percent plus or minus 2.7
- Walked0.5 percent plus or minus 0.4
- Worked from home8.3 percent plus or minus 4.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Park
SBA 7(a) lending to University Park borrowers
- Approvals6
- Gross approval$2,375,600
- Average approval$395,933
- Median approval$202,800
- Ninetieth percentile approval$1,575,000
- Largest approval$1,575,000
- Jobs supported28
- Jobs per approval4.7
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders5
- Distinct industries by NAICS5
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
University Park
SBA 504 lending to University Park borrowers
- Approvals4
- Gross approval$6,069,000
- Average approval$1,517,250
- Median approval$1,497,000
- Largest approval$3,195,000
- Jobs supported58
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
University Park
Flood programme status in University Park
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170708
- Currently effective map date02/15/19
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Will County, not University Park
Will County context, not University Park figures
These are Will County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as University Park measurements.
- Establishments in Will County17,085
- Employment at those establishments, Will County267,545
- Covered employment, Will County263,673
- Average annual pay, Will County$60,570
- Average weekly wage, Will County$1,165
- Housing units permitted, Will County2,002
- Of those, single family, Will County1,464
- County product, 2024, Will County$50,332,938,000
- County product change over the prior year, Will County3.9 percent
- Average income of an arriving household, Will County$80,186
Every figure in this section is published for Will County as a whole and is not a measurement of University Park. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
University Park questions, answered from the record.
How many people live in University Park, Illinois?
7,306, in 2,516 households. University Park village covers 10.73 square miles of land, which is 681 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is University Park in?
Will County, which holds 99.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in University Park?
$73,844. The median owner-occupied home is valued at $153,200. Median gross rent is $1,649 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to University Park businesses?
6 7(a) approvals totalling $2.4 m, across 5 lenders, median approval $202,800, plus 4 504 approvals worth $6.1 m. These count approvals to borrowers whose address is in University Park, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to University Park borrowers get paid back?
No rate is published for University Park. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is University Park in the National Flood Insurance Program?
Yes. University Park appears in the FEMA Community Status Book as community 170708, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page University Park figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Will County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of University Park.
Is zoning published for University Park?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.