Irvine, CA — income, home value, property tax, and sales tax.
In ZIP code 92701, near Irvine, homes carry a median value of $660,500, while the county-level effective property tax rate sits at 0.66%. That combination yields an annual property tax bill of roughly $4,360, a figure that consumes about 6% of the median household income of $70,572. Per-capita income, at $25,571, trails well behind the household figure, hinting at multi-earner homes. Sales taxes add 9.25% to most purchases. Buyers here face a steep entry price, and the tax that follows ownership stays tied to a home value far above what a single earner's income alone would suggest.
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