University Place
University Place city, Washington
University Place, Washington, is a gem nestled in the Puget Sound region, offering a blend of suburban tranquility and convenient access to urban amenities. With a population of just under 35,000, it's a tight-knit community known for its family-friendly atmosphere and strong sense of place. While the median home value of around $510,000 is higher than the national average, the area provides excellent value compared to other desirable locales in the greater Seattle area. Residents enjoy a comfortable lifestyle, bolstered by a median household income approaching $90,000, significantly above the national median. This financial stability, combined with the city's commitment to parks, schools, and community events, creates an environment where families can thrive and build lasting memories.
From an investment perspective, University Place presents a solid opportunity. The housing market is robust, driven by steady demand and consistent appreciation. The area boasts a low crime rate, offering peace of mind to residents and investors alike. The community is well-suited for families seeking excellent schools and a safe environment, as well as professionals who want a manageable commute to Tacoma or Seattle. The relatively high income levels and stable job market, coupled with a desirable lifestyle, contribute to the area's appeal, making it a sound choice for those looking to invest in a property or establish roots in the Pacific Northwest.
University Place, Washington at a Glance
University Place is a city in University Place city, Washington with a population of approximately 34,696. The median home value is $509,900 and the median household income is $89,658.. The violent crime rate is 0.1 per 1,000 residents, which is 97% below the national average.. Median rent is $1,565 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$509,900
Median Income
$89,658
Population
34,696
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 34,696
- Median Age
- N/A
- Median Household Income
- $89,658
20% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 8.0%
35% below nat'l avg
- Median Home Value
- $509,900
81% above nat'l avg
- Median Rent
- $1,565
35% above nat'l avg
- Homeownership Rate
- 58.4%
11% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.1 per 1K
97% below nat'l avg
- Property Crime Rate
- 37.0 per 1K
95% above nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 3.7%
Near nat'l avg
- Poverty Rate
- 8.0%
35% below nat'l avg
Weather & Climate in University Place
Avg High
53°F
Avg Low
38°F
Annual Rainfall
78.4"
Avg Humidity
80%
Political Landscape
→ Politically stable
Based on King County county-level presidential election data
Culture & Things to Do in University Place
University Place Farmers Market
A weekly market offering fresh produce, crafts, and food vendors.
UP Arts Festival
An annual festival showcasing local artists and performers.
Chambers Bay Half Marathon
A popular running event held at Chambers Bay.
UP Summer Concert Series
Free outdoor concerts throughout the summer.
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