Irvine California City Guide

Irvine’s population in 2010 was about 200,000, and the population in 2018 neared 266,000. The city’s estimated 10 year growth rate is 25%, and the annual growth rate is 3.57%.

An estimated 135,995 residents are female, which accounts for about 52% of the population. 129,507 residents are male, which equals roughly 48% of the population.

Irvine’s median resident age is 34. About 25% of the population is under 18 years old, and roughly 25% of other residents are between 20-34 years of age. From there, almost 30% of the population is between 35-54 years old. About 20% of residents are over the age of 55.

Almost 48% of Irvine residents are White alone. Another 42.3% of the city’s population is of Asian descent. About 2% of the population is Black or African American, while 5.2% of residents are biracial or multiracial.

About 50% of the city’s residents only speak English. Meanwhile, 13% of Irvine residents speak Chinese, Mandarin, or Cantonese. Another 9.8% of the city’s population is fluent in another Indo-European language. 6.2% of residents speak Spanish, and 6.3% speak Korean.

About 40% of Irvine’s population was born outside of the U.S. To compare, the statewide average is about 27%, and the U.S. average is 13.5%.

With 31 public elementary schools, 12 middle schools, and 8 high schools within its borders, Irvine has some of the best educational facilities in the state.

About 96% of the city’s adult population has earned a high school degree. 13.2% of residents have some college education, while 6.6% of residents have earned an associate’s degree. Another 68% of Irvine’s population has earned a bachelor’s degree. Meanwhile, 30% of residents have a graduate degree or a professional degree.

Irvine’s high school dropout rate is impressively low and tracks around 4%. To compare, this rate is three times lower than the U.S. average.

2018 marked the 13th consecutive year Irvine earned the rank of the Safest City of 250,000 or more across the entire United States of America. WalletHub’s national ranking system placed Irvine as 27th in best real estate market thanks to Irvine’s attractive housing market and economic growth. Also, Irvine is ranked 2nd in the Best Places to Raise a Family survey.

Irvine, CA is comprised of prime real estate residential properties. The median sales price of properties on average shows a steady increase over the last four years from $750K to the last few years’ status of $870K. The last five years show the number of annual sales is expected to experience an upturn to 700 properties per year.

The number of rental properties also shows a steady increase from the last three years. These are only a few of Irvine’s attractive qualities.

Irvine, California is proud to uphold its lasting status as a secure and safe community that boosts its reputation as being one of the prime locations across the United States of America to raise a family. Irvine’s residential areas largely consist of high market value homes ranging from single family homes, condominiums, apartments, and new construction.

Homes typically are valued at or above the $700,000 mark, and the average price per square foot for Irvine properties traditionally sits around $400, while more higher-end properties reach $800 per square foot. On average,

Turtle Rock has higher-valued homes, University Town Center has more affordable housing, and the communities of Woodbridge, Northwood, and Orange County Great Park are priced higher per square foot.

As a master-planned city, Irvine’s neighborhoods are sleek, modern, and sophisticated: all are traits that continue to attract affluent residents to buy or rent properties and make Irvine their home.

Irvine’s median household income is almost $101K, while the estimated average salary is $107K. The per capita income in Irvine is $48K.

About 7% of Irvine’s population earns less than $25K each year. From there, 7.6% of the city’s population makes between $25K-$35K annually. A little over 10% of residents earn between $35K-$50K per year.

Meanwhile, roughly 12% of residents make between $50K-$65K each year. Another 6.7% of residents earn between $65K-$75K, while 16% make $75K-$100K. Almost 40% of Irvine residents earn more than $100K annually.

Irvine’s unemployment rate is 4.9%. A reported 13.3% of the city’s population lives in poverty.