Last updated: 2024 BLS data · Page refreshed:
University Place has a population of 34,911 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 34,911 |
| Median Age | 40.1 |
| White | 61.6% |
| Black or African American | 7.1% |
| Asian | 10.9% |
| Hispanic or Latino | 12.4% |
| Other / Two or More Races | 8.0% |
The median household income in University Place is $99,031, which is 22.9% above the national median of $80,610. The per capita income is $51,517. The poverty rate is 8.2%.
The unemployment rate in University Place is 4.1%, compared to the national rate of 4.1%.
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In University Place, 95.8% of residents age 25+ have a high school diploma or higher, and 42.1% hold a bachelor's degree or higher (19.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.8% |
| Bachelor's Degree or Higher | 42.1% |
| Graduate or Professional Degree | 19.1% |
The median home value in University Place is $624,800, above the national median of $303,400. The median monthly rent is $1,762. The homeownership rate is 57.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $624,800 |
| Median Monthly Rent | $1,762 |
| Homeownership Rate | 57.2% |
| Vacancy Rate | 3.8% |
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