Irvine, CA — income, home value, property tax, and sales tax.
In ZIP 92868, near Irvine, households earn a median of $97,500, with per-capita income at $39,008. A median home value of $762,000 pairs with a 0.66% county property tax rate, which works out to roughly $5,000 a year in property taxes. Sales tax runs 7.75% on purchases. Together, these figures sketch a high-value housing market where income levels sit well below home prices, so buyers here tend to stretch further on mortgages while benefiting from a comparatively contained property tax rate.
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