The 92620 zip code in Irvine, California is an affluent area, with a two bedroom rent of $3,210, almost double the national average of $1,430. Furthermore, Irvine's Grocery Cost Index stands at 107 versus the US's 100. This means that residents of 92620 are paying 7% higher for groceries than the average American family. Companies like Quiksilver and Stance have their headquarters here, giving the area an abundance of job opportunities. All these factors contribute to 92620 being one of the most desirable places to live in Orange County.
Irvine (zip 92620) has an unemployment rate of 5.4%. The US average is 6.0%.
Irvine (zip 92620) 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 92620)
- The Sales Tax Rate for Irvine (zip 92620) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Irvine (zip 92620) 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 92620)
- The average income of a Irvine (zip 92620) resident is $44,370 a year. The US average is $28,555 a year.
- The Median household income of a Irvine (zip 92620) resident is $131,521 a year. The US average is $69,021 a year.