Irvine, CA is a desirable place to live because it offers high quality amenities and job opportunities for residents. The average two bedroom rent in Irvine is $3,210, which is more than double the US 2 Bedroom Rent of $1,430. Grocery Cost Index in the city is 107 compared to 100 in the US as a whole. This means groceries are slightly more expensive here than the national average. In terms of employment opportunities, Irvine has many large companies such as Blizzard Entertainment, Broadcom Corporation, and Irvine Company. Residents can also enjoy various points of interests including the Orange County Great Park, Historic Mission San Juan Capistrano, Balboa Island Ferry and Doheny State Beach.
Irvine (zip 92602) has an unemployment rate of 5.4%. The US average is 6.0%.
Irvine (zip 92602) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Irvine (zip 92602)
- The Sales Tax Rate for Irvine (zip 92602) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Irvine (zip 92602) is 9.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Irvine (zip 92602)
- The average income of a Irvine (zip 92602) resident is $48,245 a year. The US average is $28,555 a year.
- The Median household income of a Irvine (zip 92602) resident is $123,455 a year. The US average is $69,021 a year.