We present the integrated properties of the stellar populations in the Universidad Complutense de Madrid Survey galaxies. Applying the techniques described in the first paper of this series, we derive ages, burst masses and metallicities of the newly-formed stars in our sample galaxies. The population of young stars is responsible for the Halpha emission used to detect the objects in the UCM Survey. We also infer total stellar masses and star formation rates in a consistent way taking into account the evolutionary history of each galaxy. We find that an average UCM galaxy has a total stellar mass of ~1E10 Msun, of which about 5% has been formed in an instantaneous burst occurred about 5 Myr ago, and sub-solar metallicity. Less than 10% of the sample shows massive starbursts involving more than half of the total mass of the galaxy. Several correlations are found among the derived properties. The burst strength is correlated with the extinction and with the integrated optical colours for galaxies with low obscuration. The current star formation rate is correlated with the gas content. A stellar mass-metallicity relation is also found. Our analysis indicates that the UCM Survey galaxies span a broad range in properties between those of galaxies completely dominated by current/recent star formation and those of normal quiescent spirals. We also find evidence indicating that star-formation in the local universe is dominated by galaxies considerably less massive than L*.
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