Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.2 yrs |
|---|---|
| Avg HH Size | 2.41 |
| Below Poverty | 11.5% ▲ 15% above avg |
| College Grads | 54.4% ▲ 40% above avg |
| Unemployment | 3.5% ▼ 28% below avg |
| No HS Diploma | 184 (1.8%) |
| HS Graduate | 1,916 (18.9%) |
| Some College | 1,270 (12.6%) |
| Associates | 1,244 (12.3%) |
| Bachelors | 1,298 (12.8%) |
| Graduate Degree | 4,205 (41.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $90,586 ▲ 19% above avg |
|---|---|
| Median Home Value | $580,100 ▲ 108% above avg |
| Home/Income Ratio | 6.4x (nat avg ~3.5x) |
| Median Rent | $1,566/mo |
| Total Housing Units | 6,718 |
| Vacant Units | 435 |
Income Distribution
How People Get to Work
Commute Time
Year Built
University Place is a city in Washington, located in Pierce County. The city spans 1 ZIP code and is home to approximately 15,241 residents. It is a middle-aged city, with a median age of 41.2 years.
Economically, University Place is a middle-income community. The median household income of $90,586 is above the national average. Approximately 11.5% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in University Place is a premium housing market. Median home values stand at $580,100, which is more than double the national average. Renters typically pay around $1,566 per month. Homeownership is high at 61.3%, typical of suburban and family-oriented communities.
The population of University Place is well-educated. 54.4% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (58.71%).
University Place, WA offers residents above-average earning potential within Washington.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 98467 | 15,241 | $90,586 | $580,100 | $1,566 | 3.5% | 54.4% | 61.3% |