Irvine, CA — income, home value, property tax, and sales tax.
Homes in the 92653 ZIP code, centered on Irvine, carry a median value of $1,063,300, and the county's 0.66% effective property tax rate works out to roughly $7,000 a year on such a home. Households here earn a median of $133,194, with per-capita income at $67,451, so that tax bill absorbs a meaningful slice of annual earnings even at these income levels. Add the 7.75% combined sales tax on everyday purchases, and the overall cost of living in this Orange County area runs high.
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