HomeWashingtonPierce CountyUniversity Place city
University Place city, Washington: commercial real estate data.
University Place city is a Census city of 34,911 people across 8.34 square miles of land, in Pierce County. Median household income is $99,031, 57.2 percent of occupied homes are owned, and the SBA record carries 37 7(a) approvals to borrowers here worth $20.3 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
University Place
What University Place is
- Census place typecity
- Land area8.34 sq mi
- Water area0.17 sq mi
- Population per square mile of land4,186
- County holding the largest share of its areaPierce County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Place
How many people live in University Place
- Population34,911
- Median age40.1
- Population under 187,967
- Share under 1822.8 percent
- Population 65 and over6,796
- Share 65 and over19.5 percent
- Households13,682
- Family households9,086
- Share of households that are families66.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Place
Income and work in University Place
- Median household income$99,031
- Per capita income$51,517
- Civilian labor force18,011
- Employed17,091
- Unemployed920 plus or minus 298
- Unemployment rate5.1 percent plus or minus 1.6
- Adults 25 and over23,989
- Adults 25 and over with a high school diploma or higher95.8 percent
- Adults 25 and over with a bachelor degree or higher42.1 percent
- Adults 25 and over with a graduate degree19.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Place
Housing in University Place
- Housing units14,216
- Occupied units13,682
- Vacant units534 plus or minus 258
- Vacancy rate3.8 percent plus or minus 1.8
- Owner occupied7,826
- Renter occupied5,856
- Ownership rate57.2 percent
- Median owner-occupied home value$624,800
- Median gross rent, monthly$1,762
- Annual rent as a share of median income21.4 percent
- Single family units8,633
- Share single family60.7 percent
- Units in buildings of two or more5,412
- Share in buildings of two or more38.1 percent
- Mobile homes109 plus or minus 94
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Place
How University Place gets to work
- Workers 16 and over who commute14,075
- Commuting under 15 minutes2,720
- Share commuting under 15 minutes19.3 percent
- Commuting 30 minutes or more5,181
- Share commuting 30 minutes or more36.8 percent
- Drove alone69.2 percent
- Carpooled9.2 percent plus or minus 2.2
- Public transport1.9 percent plus or minus 0.8
- Walked0.9 percent plus or minus 0.5
- Worked from home16.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
University Place
SBA loans in University Place (7(a))
- Approvals37
- Gross approval$20,316,900
- Average approval$549,105
- Median approval$150,000
- Ninetieth percentile approval$1,800,000
- Largest approval$4,460,000
- Jobs supported220
- Jobs per approval5.9
- Loans with a final outcome11
- Paid in full10
- Charged off1
- Charge-off rate over resolved loans9.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more13.5 percent
- Share to franchises24.3 percent
- Distinct lenders20
- Distinct industries by NAICS29
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
University Place
SBA loans in University Place (504)
- Approvals9
- Gross approval$6,475,000
- Average approval$719,444
- Median approval$435,000
- Largest approval$2,434,000
- Jobs supported106
- Loans with a final outcome4
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Pierce County, not University Place
Pierce County context, not University Place figures
These are Pierce County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as University Place measurements.
- Establishments in Pierce County20,051
- Employment at those establishments, Pierce County294,765
- Covered employment, Pierce County333,492
- Average annual pay, Pierce County$70,395
- Average weekly wage, Pierce County$1,354
- Housing units permitted, Pierce County3,207
- Of those, single family, Pierce County1,731
- County product, 2024, Pierce County$64,941,171,000
- County product change over the prior year, Pierce County5.7 percent
- Average income of an arriving household, Pierce County$76,649
Every figure in this section is published for Pierce County as a whole and is not a measurement of University Place. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
University Place questions, answered from the record.
How many people live in University Place, Washington?
34,911, in 13,682 households. University Place city covers 8.34 square miles of land, which is 4,186 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is University Place in?
Pierce County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in University Place?
$99,031. The median owner-occupied home is valued at $624,800. Median gross rent is $1,762 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to University Place businesses?
37 7(a) approvals totalling $20.3 m, across 20 lenders, median approval $150,000, plus 9 504 approvals worth $6.5 m. These count approvals to borrowers whose address is in University Place, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to University Place borrowers get paid back?
Of the 11 loans that have reached a final outcome, 10 were paid in full and 1 charged off, a charge off rate of 9.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page University Place figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pierce County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of University Place.
Is zoning published for University Place?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.