Irvine, CA — income, home value, property tax, and sales tax.
In ZIP code 92841, near Irvine, homes carry a median value of $813,700, while the county-level effective property tax rate sits at 0.66%. That combination yields an annual property tax bill well above what many households earn in a month, even though the rate itself is lower than in some parts of California. Median household income here is $84,451, with per-capita income at $30,940, so buying a home at that price demands substantial income or equity. Sales tax adds 8.75% to purchases. The gap between local earnings and home prices shapes who can settle in this area.
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