What percentage of people rent in University Place, WA?
42.8% (±3.3 points) of the occupied homes in University Place, WA are rented (2020–2024 American Community Survey).
That is 5,856 renting households against 7,826 that own their home.
In University Place, the share of households that rent went from 43.5% in 2015–2019 to 42.8% in 2020–2024 (−0.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 42.8% (±3.3 points)
- Renting households
- 5,856 (±495)
- Median renter income
- $70,000 (±$16,174)
Who rents and who owns in University Place
| University Place | Pierce County | Washington | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.8% (±3.3 points) | 35.3% (±0.6 points) | 36.2% (±0.3 points) | 34.8% |
| Renting households | 5,856 (±495) | 123,930 (±2,243) | 1,110,043 (±7,257) | 45,017,354 |
| Owning households | 7,826 (±588) | 227,400 (±2,414) | 1,954,777 (±10,007) | 84,210,142 |
| Average renter household size | 2.3 (±0.2) | 2.3 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.7 (±0.0) | 2.7 (±0.0) | 2.6 |
| 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 |
In University Place, the renter share is higher than in Pierce County (35.3%).
It is also higher than in Washington (36.2%).
It is higher than the national figure (34.8%).
In Pierce County, University Place ranks 11 of 59 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 86 of 472.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in University Place has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.5% (±2.3 points) | 42.8% (±3.3 points) | −0.7 percentage points | Not a measurable change |
| Median gross rent | $1,198 (±$30) | $1,762 (±$57) | +47.1% | Up after inflation |
| Median household income | $71,697 (±$3,323) | $99,031 (±$4,916) | +38.1% | 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.
Households that rent in places near University Place
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| University Place | — | 42.8% (±3.3 points) | — |
| Fircrest | 1.8 mi | 28.2% (±7.3 points) | Lower |
| Lakewood | 3.7 mi | 52.5% (±2.7 points) | Higher |
| Steilacoom | 3.8 mi | 37.1% (±6.5 points) | Not measurably different |
| Tacoma | 4.8 mi | 44.2% (±1.3 points) | Not measurably different |
| Wollochet | 4.9 mi | 25.3% (±8.2 points) | Lower |
| Fox Island | 5.5 mi | 7.3% (±5.0 points) | Lower |
| Ruston | 5.9 mi | 31.2% (±12.6 points) | Not measurably different |
| McChord AFB | 6.3 mi | 97.3% (±4.1 points) | Higher |
Nearby places with a measurably lower figure: Fircrest, WA (28.2%), Wollochet, WA (25.3%), Fox Island, WA (7.3%).
Nearby places with a measurably higher figure: Lakewood, WA (52.5%), McChord AFB, WA (97.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Pierce County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 5 | Lakewood | 52.5% (±2.7 points) |
| 6 | Parkland | 48.2% (±3.1 points) |
| 7 | Puyallup | 47.9% (±3.2 points) |
| 8 | Sumner | 45.6% (±5.5 points) |
| 9 | Milton | 45.0% (±6.2 points) |
| 10 | Tacoma | 44.2% (±1.3 points) |
| 11 | University Place | 42.8% (±3.3 points) |
| 12 | Midland | 41.6% (±6.3 points) |
| 13 | Summit View | 41.0% (±7.2 points) |
| 14 | DuPont | 38.5% (±6.6 points) |
| 15 | Gig Harbor | 37.8% (±4.7 points) |
| 16 | Clover Creek | 37.2% (±7.2 points) |
| 17 | Steilacoom | 37.1% (±6.5 points) |
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
How many renters are there in University Place?
University Place has an estimated 5,856 (±495) renting households, 42.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in University Place?
In University Place, the share of households that rent went from 43.5% in 2015–2019 to 42.8% in 2020–2024 (−0.7 percentage points), not a measurable change.
How big are renting households in University Place?
A renting household in University Place has 2.3 people on average, against 2.7 in an owned home.
How much do renters earn in University Place?
The median renting household in University Place, WA has an income of $70,000 (±$16,174) a year, against $126,330 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 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), 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 Household Income (B19013), 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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
- Income and affordability 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 share of renters
- Housing data for every place in Washington