Zip 98466 (University Place, WA) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
98466 University Place, WA is a great place to live whether you are looking to rent an apartment or buy a house. It is just outside of Tacoma and close to many amenities including shopping, dining, parks, and local entertainment venues. The two bedroom rental rate in 98466 University Place, WA is $1,610 per month, which is slightly higher than the US average of $1,430 per month. Additionally, the Grocery Cost Index for 98466 University Place surpasses the national average at 102 versus 100. Local companies in 98466 University Place include Puget Sound Energy; Cascade Natural Gas Corporation; Northwest Propane; Point Defiance Zoo & Aquarium; and Pierce County Library System. This area offers plenty of recreational activities including hiking trails in nearby Chambers Creek Regional Park and horseback riding at the Grandview Equestrian Center. With its nearby attractions and ample job opportunities 98466 University Place is a great place to call home!

University Place (zip 98466) has an unemployment rate of 5.5%. The US average is 6.0%.

University Place (zip 98466) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for University Place (zip 98466)
- The Sales Tax Rate for University Place (zip 98466) is 9.9%. The US average is 7.3%.
- The Income Tax Rate for University Place (zip 98466) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for University Place (zip 98466)
- The average income of a University Place (zip 98466) resident is $31,218 a year. The US average is $28,555 a year.
- The Median household income of a University Place (zip 98466) resident is $81,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUniversity Place, WashingtonUnited States
  5.56
  -2.9%-6.2%
  40.8%33.5%
  9.9%6.2%
  0.0%4.6%
  $43,085$37,638
  $81,196$69,021
  $100,943$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.9%6.8%
  4.2%10.0%
  2.4%2.5%
  11.2%11.0%
  6.8%4.8%
  0.8%0.8%
  1.0%1.9%
  6.6%4.7%
  2.5%1.9%
  4.5%7.6%
  1.0%0.1%
  5.5%4.2%
  11.1%9.3%
  17.3%14.0%
  2.7%2.1%
  5.5%7.0%
  4.1%4.8%
  5.7%4.7%
Health