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Union Park

Learn about the people, housing, costs and businesses in Union Park, Florida

Median Home$315,615
Median Rent$1,691/month
Population10,030
Leading IndustriesProfessional Services · Healthcare · Arts, Food & Hospitality3% professional services
Home Value Growth⬆⬆⬆+22.6% over 2 years
Young Adults36% of residentstop 5% nationally
Homeowners61% of occupied units
Union Park
FL

Frequently Asked Questions

What are today's mortgage rates in Union Park?

As of today, the 30-year fixed mortgage rate for Union Park is approximately 6.945% (6.983% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Union Park?

The median home value in Union Park is $316k. The median monthly rent is $1,691. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Union Park?

Home values in Union Park have increased 22.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Union Park?

Based on a typical all-in ownership cost of $1,526/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Union Park is $68k/year.

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What industries drive the economy in Union Park?

The largest employment sectors in Union Park are public administration (18%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.