What is the median household income in University Place, WA?
The median household income in University Place, WA is $99,031 (±$4,916) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,762 a month would take about $70,500 a year at the common guideline of spending no more than 30% of income on rent.
In University Place, the median household income went from $71,697 in 2015–2019 to $99,031 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $99,031 (±$4,916)
- Median renter income
- $70,000 (±$16,174)
- Income to afford median rent
- about $70,500
Income in University Place against Pierce County, its state and the nation
| University Place | Pierce County | Washington | United States | |
|---|---|---|---|---|
| Median household income | $99,031 (±$4,916) | $99,564 (±$1,209) | $98,141 (±$414) | $80,734 |
| Median renter household income | $70,000 (±$16,174) | $68,118 (±$1,782) | $66,868 (±$600) | $52,966 |
| Median owner household income | $126,330 (±$9,190) | $120,834 (±$1,287) | $119,764 (±$583) | $100,009 |
| Median gross rent | $1,762 (±$57) | $1,806 (±$18) | $1,760 (±$7) | $1,413 |
In University Place, median household income is not measurably different from Pierce County ($99,564).
It is not measurably different from Washington ($98,141).
It is higher than the national figure ($80,734).
In Pierce County, University Place ranks 36 of 59 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 182 of 467.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in University Place
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,762 a month ($21,144 a year) needs an income of about $70,500 a year.
The median renting household in University Place earns $70,000 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $71,697 (±$3,323) | $99,031 (±$4,916) | +38.1% | Up after inflation |
| Median gross rent | $1,198 (±$30) | $1,762 (±$57) | +47.1% | Up after inflation |
| Median home value | $367,200 (±$8,293) | $624,800 (±$19,256) | +70.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near University Place
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| University Place | — | $99,031 (±$4,916) | — |
| Fircrest | 1.8 mi | $113,926 (±$20,401) | Not measurably different |
| Lakewood | 3.7 mi | $74,720 (±$4,086) | Lower |
| Steilacoom | 3.8 mi | $100,851 (±$11,495) | Not measurably different |
| Tacoma | 4.8 mi | $85,884 (±$1,903) | Lower |
| Wollochet | 4.9 mi | $149,271 (±$35,978) | Higher |
| Fox Island | 5.5 mi | $172,292 (±$39,397) | Higher |
| Ruston | 5.9 mi | $116,331 (±$15,943) | Higher |
| McChord AFB | 6.3 mi | $54,808 (±$13,754) | Lower |
Nearby places with a measurably lower figure: Lakewood, WA ($74,720), Tacoma, WA ($85,884), McChord AFB, WA ($54,808).
Nearby places with a measurably higher figure: Wollochet, WA ($149,271), Fox Island, WA ($172,292), Ruston, WA ($116,331).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Pierce County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 30 | Elk Plain | $107,313 (±$8,430) |
| 31 | Summit | $106,736 (±$19,079) |
| 32 | Key Center | $105,781 (±$11,234) |
| 33 | Wauna | $103,250 (±$23,019) |
| 34 | Waller | $101,490 (±$19,106) |
| 35 | Steilacoom | $100,851 (±$11,495) |
| 36 | University Place | $99,031 (±$4,916) |
| 37 | Roy | $98,750 (±$17,735) |
| 38 | Spanaway | $98,251 (±$5,866) |
| 39 | Sumner | $98,191 (±$6,685) |
| 40 | Puyallup | $97,826 (±$5,806) |
| 41 | Alderton | $97,446 (±$30,445) |
| 42 | Milton | $96,540 (±$6,893) |
Showing 13 of 59 places in Pierce County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about University Place
What is the median household income in University Place?
The median household income in University Place is $99,031 (±$4,916) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in University Place?
About $70,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,762 a month.
Have incomes in University Place kept up with inflation?
In University Place, the median household income went from $71,697 in 2015–2019 to $99,031 in 2020–2024 (+38.1%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in University Place?
The median renting household in University Place, WA earns $70,000 (±$16,174) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — University Place city, Washington
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — University Place city, Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — University Place city, Washington
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — University Place city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — University Place city, Washington
- Median Value (B25077), 2015–2019 ACS 5-year estimates — University Place city, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for University Place city, Washington (place:73465, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in University Place at a glance
- Median rent in University Place
- Rent by bedrooms in University Place
- Rent burden in University Place
- Renters and owners in University Place
- Home values in University Place
- Homeowner costs in University Place
- Property taxes in University Place
- Types of homes in University Place
- Bedrooms in University Place
- Age of homes in University Place
- Vacancy rate in University Place
- Heating fuel in University Place
- Commute and cars in University Place
- Crime reported to police in University Place
- Population growth in University Place
- How long people stay in University Place
- Crowding and facilities in University Place
- Washington landlord and tenant rules
- Housing across Pierce County
- Washington places ranked by median household income
- Housing data for every place in Washington