University Place is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Washington. With a population of 34,634 people and eight associated neighborhoods, University Place is the 37th largest community in Washington.

Housing costs in University Place are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Washington.

Also of interest is that University Place has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 13.23% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

University Place is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.

The citizens of University Place are among the most well-educated in the nation: 41.78% of adults in University Place have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.

The per capita income in University Place in 2022 was $46,467, which is upper middle income relative to Washington, and wealthy relative to the rest of the US. This equates to an annual income of $185,868 for a family of four. However, University Place contains both very wealthy and poor people as well.

University Place is an extremely ethnically-diverse city. The people who call University Place home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of University Place residents report their race to be White, followed by Asian. University Place also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.26% of the city’s residents. Important ancestries of people in University Place include German, English, Irish, Norwegian, and Italian.

The most common language spoken in University Place is English. Other important languages spoken here include Spanish and Korean.