ZIP Code 92629

In ZIP code 92629, near Irvine, homes carry a median value of $1,347,700, and the county's 0.66% effective property tax rate translates to roughly $8,900 a year in taxes on such a home. That bill lands against a median household income of $142,807 and per-capita income of $87,443, so property taxes claim a meaningful share of earnings even at these income levels. Combined with a 7.75% sales tax rate, the overall cost of living here runs high, and buying into this market demands substantial income alongside the ongoing tax obligation.