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University Place city, WA

ZIP Code 98467 — University Place city, WA Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
15,241
Median Income
$90,586
+21% vs US avg
Home Value
$580,100
+67% vs US avg
Median Rent
$1,395
+20% vs US avg
Median Age
41.2 yrs
+6% vs US avg
Area Code
Congress
Top Ancestry
GermanEnglishIrish
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Location
Coordinates
47.2033, -122.5677
Elevation
292 ft
Land Area
4.6 sq mi
Water Area
3.6 sq mi (44% water)

At a glance

Population
15,241
Density
N/A
Median income
$90,586
+21% vs US avg
Home value
$580,100
+67% vs US avg
Median rent
$1,395
+20% vs US avg
Timezone

Overview of ZIP Code 98467

UniversityUniversity / college area
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What to know about ZIP 98467

ZIP code 98467 covers University Place, WA in Pierce County with a population of about 15,241.

At a glance, the area shows median age of 41.2 versus a U.S. median of about 38.9.

It sits in telephone area code 253; U.S. House district WA-10; the SEATTLE - TACOMA media market.

Local search focus: University

University Place, WA sits in a university / college context (near pierce college district (2.2 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Income and economy in University Place, WA

Median household income in ZIP 98467 is about $90,586 — about 21% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.6%; unemployment rate near 3.6%; 42.2% of adults with a bachelor’s degree or higher (about 8.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Education; about 13.3% of workers reporting work-from-home (about 1.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 98467

Median home value is about $580,100 — about 67% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,395 (about 20% above the U.S. median rent ($1,163)), and owner-occupancy near 61.3% (about 4.1 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 98467 in University Place, WA, a household would need roughly $160,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,726. That is about 77% above the local median household income ($90,586), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for University Place city, WA as Relatively High (composite score 98.5), which is among the highest nationally. The strongest component scores on US5 are flood (96.2) and wildfire (76.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for University Place city, WA show little to no average snow and around 42.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 819 for ZIP 98467 (University Place city, WA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport TIW (4.5 miles (7.2 km)) · Pierce College District (2.2 miles (3.5 km)) · Klondike Gold Rush - Seattle Unit National Historical Park (29.5 miles (47.5 km)) · VA: Tacoma Vet Center (3.7 miles (6.0 km))

Full lists and map pins are in the Infrastructure section below.