Census tract · Pierce County
Census Tract 723.07, Pierce County, Washington
Census Tract 723.07, GEOID 53053072307, in Pierce County, Washington, entirely within University Place. 4,607 residents in the ACS 2020-2024 5-year estimates (±537); the 2020 Census counted 4,773.
Residents, 2020-2024
4,607
±537 (90% margin)
2020 Census count: 4,773
Median household income
$95,954
±$11,063 (90% margin)
Pierce County: $99,564
Median home value
$572,000
±$40,390 (90% margin)
Pierce County: $526,600
Median gross rent
$1,713
±$102 (90% margin)
Pierce County: $1,806
Where is Census Tract 723.07?
Census Tract 723.07 is one of 193 census tracts in Pierce County, Washington. It covers 0.75 square miles of land, 6,330 residents per square mile in 2020. Its GEOID, 53053072307, names it uniquely (how tract numbers and GEOIDs work).
| Place | Share of the tract |
|---|---|
| University Place | 100% |
6 census tracts border Census Tract 723.07: Tract 723.09 ($115,677), Tract 723.10 ($93,264), Tract 723.11 ($78,274), Tract 723.13 ($139,179), Tract 723.14 ($94,049) and Tract 723.15 ($103,750). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 723.07?
The 2020-2024 American Community Survey puts Census Tract 723.07's population at 4,607 (±537) in 1,843 households; the 2020 Census counted 4,773 residents and 2,021 housing units.
| Measure | Tract 723.07 | University Place |
|---|---|---|
| Total population | 4,607 ±537 | 34,911 |
| Households | 1,843 ±175 | 13,682 |
| Average household size | 2.49 ±0.23 | 2.53 |
| Housing units | 1,983 ±171 | 14,216 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 723.07?
The median resident of Census Tract 723.07 is 39.9 years old; 22.7% are under 18 and 19.5% are 65 or older. The largest group is non-Hispanic white residents at 55.7%, then non-Hispanic residents of two or more races at 14.1%. 10.2% of residents were born outside the United States.
| Measure | Tract 723.07 | University Place |
|---|---|---|
| Median age | 39.9 ±4.8 | 40.1 |
| Under 18 years | 22.7% ±3.6 pts | 22.8% |
| 65 years and over | 19.5% ±3.0 pts | 19.5% |
| Hispanic or Latino (any race) | 13.7% ±4.4 pts | 12.4% |
| White alone, not Hispanic | 55.7% ±6.0 pts | 59.0% |
| Black or African American alone, not Hispanic | 7.7% ±4.2 pts | 7.1% |
| Asian alone, not Hispanic | 8.2% ±2.8 pts | 10.7% |
| American Indian and Alaska Native alone, not Hispanic | 0.4% ±0.4 pts | 0.6% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±0.9 pts | 0.4% |
| Two or more races, not Hispanic | 14.1% ±6.2 pts | 9.5% |
| Some other race alone, not Hispanic | 0.2% ±0.3 pts | 0.2% |
| Born outside the United States | 10.2% ±4.6 pts | 13.4% |
| Speak a language other than English at home (age 5+) | 13.3% ±5.7 pts | 19.0% |
| Civilian veterans (age 18+) | 8.6% ±2.5 pts | 9.8% |
| With a disability | 12.6% ±3.6 pts | 13.1% |
| No health insurance coverage | 4.6% ±2.6 pts | 4.0% |
| High school graduate or higher (age 25+) | 95.5% ±2.8 pts | 95.8% |
| Bachelor's degree or higher (age 25+) | 37.1% ±6.9 pts | 42.1% |
| Graduate or professional degree (age 25+) | 13.1% ±4.1 pts | 19.1% |
| Lived in the same house a year earlier | 88.3% ±4.4 pts | 87.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 723.07 earn?
Half of the 1,843 households in Census Tract 723.07 earn less than $95,954 a year (±$11,063), against $99,564 across Pierce County: 108th highest of the county's 192 tracts with a reliable estimate. 9.5% of residents live below the poverty line.
| Measure | Tract 723.07 | University Place |
|---|---|---|
| Median household income | $95,954 ±$11,063 | $99,031 |
| Mean household income | $97,054 ±$9,982 | $129,824 |
| Per capita income | $38,956 ±$3,113 | $51,517 |
| People below the poverty line | 9.5% ±4.2 pts | 8.2% |
| Children under 18 below the poverty line | 8.2% ±7.3 pts | 10.4% |
| Households receiving SNAP | 12.9% ±4.4 pts | 10.3% |
| Households with a computer | 97.0% ±2.4 pts | 98.7% |
| Households with a broadband subscription | 94.2% ±3.0 pts | 97.0% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 723.07?
Owners occupy 57.8% of Census Tract 723.07's occupied homes and renters 42.2%. The median owner-occupied home is valued at $572,000 by its owner (±$40,390). The median renter pays $1,713 a month including utilities, and 51.0% of renters pay 35% or more of their income on rent.
| Measure | Tract 723.07 | University Place |
|---|---|---|
| Median home value (owner-occupied) | $572,000 ±$40,390 | $624,800 |
| Median gross rent | $1,713 ±$102 | $1,762 |
| Renters paying 35% or more of income on rent | 51.0% ±14.2 pts | 48.6% |
| Median monthly owner costs, with a mortgage | $2,132 ±$144 | $2,706 |
| Owner-occupied homes | 57.8% ±7.0 pts | 57.2% |
| Renter-occupied homes | 42.2% ±7.0 pts | 42.8% |
| Housing units | 1,983 ±171 | 14,216 |
| Single-family detached homes | 46.7% ±5.9 pts | 54.3% |
| Mobile homes | 0.0% ±2.0 pts | 0.8% |
| Built 2020 or later | 0.0% ±2.0 pts | 1.0% |
| Built 2010 to 2019 | 1.6% ±1.5 pts | 6.5% |
| Built 1939 or earlier | 2.5% ±3.1 pts | 3.0% |
| Households with no vehicle | 3.6% ±2.2 pts | 3.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 723.07 get to work?
71.3% of Census Tract 723.07's workers drive alone and 18.2% work from home. The average trip to work takes 24.9 minutes.
| Measure | Tract 723.07 | University Place |
|---|---|---|
| In the labor force (age 16+) | 69.0% ±5.6 pts | 65.1% |
| Unemployment rate | 4.7% ±4.8 pts | 5.1% |
| Drove alone to work | 71.3% ±6.5 pts | 69.2% |
| Carpooled | 5.6% ±2.8 pts | 9.2% |
| Public transportation | 1.7% ±1.5 pts | 1.9% |
| Walked | 2.6% ±1.9 pts | 0.9% |
| Worked from home | 18.2% ±4.9 pts | 16.9% |
| Mean travel time to work | 24.9 min ±2.9 | 28.0 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 723.07 compare with the other tracts in Pierce County?
Among Pierce County's tracts with a reliable estimate, Census Tract 723.07 ranks as shown below (1 = highest).
| Measure | In Pierce County | In University Place |
|---|---|---|
| Population | 108th of 193 | 6th of 8 |
| Residents per square mile | 23rd of 193 | 1st of 8 |
| Median household income | 108th of 192 | 4th of 8 |
| Per capita income | 144th of 193 | 8th of 8 |
| Median home value | 62nd of 184 | 6th of 8 |
| Median gross rent | 124th of 186 | 6th of 8 |
| Poverty rate | 66th of 126 | 3rd of 5 |
| Bachelor's degree or higher | 53rd of 191 | 7th of 8 |
| Median age | 73rd of 193 | 2nd of 8 |
| Owner-occupied share | 135th of 186 | 3rd of 8 |
The tracts next to it on Pierce County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 734.06 | 105th | $97,193±$19,953 · within the margin of this tract |
| Tract 714.08 | 106th | $97,148±$5,878 · within the margin of this tract |
| Tract 707.03 | 107th | $96,469±$7,481 · within the margin of this tract |
| Tract 723.07 | 108th | $95,954±$11,063 |
| Tract 617 | 109th | $95,921±$25,888 · within the margin of this tract |
| Tract 715.06 | 110th | $95,781±$18,994 · within the margin of this tract |
| Tract 734.04 | 111th | $94,881±$10,423 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 723.07?
Every figure for Census Tract 723.07 on this page has a coefficient of variation under 40%, the Census Bureau's threshold for a usable estimate.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections