Irvine, CA — income, home value, property tax, and sales tax.
ZIP code 92823, near Irvine, sits firmly in affluent territory. A median household income of $169,900 and per-capita income of $66,825 place it well above statewide norms, while a median home value of $1,070,000 reflects the steep cost of entry here. Property taxes run at an effective 0.66% of value at the county level, so a home at that median would generate roughly $7,000 in annual property tax. Add a combined sales tax rate of 7.75%, and the overall tax load stays substantial even though the property rate itself is comparatively contained.
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