Area Profiles
Irvine

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Irvine

The following information is provided by Wikipedia – Irvine

Irvine is an incorporated city in Orange County, California, United States. It is a planned city, mainly developed by the Irvine Company since the 1960s. Formally incorporated on December 28, 1971, the 69.7 square mile (180.5 km²) city has a population of about 209,806 (as of January 1, 2008). It has annexed in the past an undeveloped area to the north, and has also annexed the former El Toro Marine Corps Air Station, most of which is planned to be converted into the Orange County Great Park.

Community Amenities

Because of its good schools, jobs and housing, the city was chosen in 2008 by CNNMoney.com as the fourth best place to live in the United States. In June 2008, the Federal Bureau of Investigation reported that Irvine had the lowest violent crime rate (four homicides, 17 rapes, 50 robberies and 55 aggravated assaults in 2006) among cities in the United States with populations of more than 100,000, and in August 2008 the Census Bureau ranked Irvine as having the seventh highest median income among cities in the United States with populations of more than 65,000.

Irvine is home to the University of California, Irvine (UCI), Concordia University, the Orange County Center of the University of Southern California, and the Irvine campuses of Alliant International University, California State University Fullerton, and Pepperdine University. Irvine Valley College, a community college, is also located in the city.

Irvine is home to a number of corporations, particularly in the technology sector.

Read more: http://www.cityofirvine.org/about/default.asp

Demographic and Home Value Information for this Area

Irvine Charts

Median Condo Value
Median Home Value
Dollars Per Square Feet
Zillow Home Value Index Distribution
Home Type
Owners vs. Renters
Home Size in Square Feet
Year Built

Irvine Housing Market

For Sale Count:
Recently Sold Count:

Irvine Home Value Information

Affordability Data

IrvineNation
Zillow Home Value Index 610100184700
Median Single Family Home Value 688500186800
Median Condo Value 462300170600
Median 2-Bedroom Home Value 401200141600
Median 3-Bedroom Home Value 558200166900
Median 4-Bedroom Home Value 694400254400
Percent Homes Decreasing 0.3210.646
Percent Listing Price Reduction 0.1980.195
Median List Price Per Sq Ft 331110
Median List Price 575000205000
Median Sale Price 557800198500
Homes For Sale 3544205
Homes Recently Sold 120195087
Property Tax 46502241
Turnover (Sold Within Last Yr.) 0.040.035
Median Value Per Sq Ft 349114
1-Yr. Change 0.062-0.048
>Homes For Sale By Owner 38401
>New Construction 140102411
>Foreclosures 152655440

Homes & Real Estate Data

IrvineNation
Owners 0.599550690.66268764
Renters 0.400449310.33731236
Median Home Size (Sq. Ft.) 16101548
Avg. Year Built 19781974
Single-Family Homes 0.5891676945451860.787930802423736
Condos 0.3878569193100020.096672113179269

BuiltYear

Census Summary-HomeSize

Census Summary-HomeType

Census Summary-Occupancy

People Data

IrvineNation
Median Household Income 7205744512.0130806292
Single Males 0.175468970472390.146462187349365
Single Females 0.1574199915165470.124578258618535
Median Age 3336
Homes With Kids 0.3481346785546690.313623902816284
Average Household Size 2.652.58883240001203
Average Commute Time (Minutes) 24.3049839764504526.375545725891282

Census Summary-AgeDecade

Census Summary-CommuteTime

Census Summary-Household

Census Summary-RelationshipStatus

Irvine - Who Lives Here

Title: Non-native Newbies
Name: Foreign-born individuals who just moved to U.S.
Description: A significant proportion of people who have moved to the U.S. from Puerto Rico, the U.S. Island Areas, or a foreign country. Wide age range. Some have a high school or college education, and they work in a variety of occupations.
Title: Foreign-born Urbanites
Name: Foreign-born individuals who live in city.
Description: Born outside the U.S., they have moved to the U.S. and live in the city. Wide age range. Some have a high school or college education, and they work in a variety of occupations.
Title: Urban Power Families
Name: High-income couples with children.
Description: Six-figure salaried couples with children who live an upscale life in a metro center. Highly educated professionals working in finance, medical, and high-tech fields.
Title: Corporate Climbers
Name: High-income, high-expense urban singles.
Description: Urban singles with an up-and-coming income, but with higher-than-average living costs. Most have college educations and are employed in mid-management professions.
Title: Multi-lingual Urbanites
Name: Urban dwellers who speak more than one language.
Description: Some have a high school or college education, and they work in a variety of occupations. Moderate to upper-scale earning potential.


Uniqueness

  • Education
    • Characteristic: Bachelor's degrees
    • Characteristic: Master's degrees
  • Employment
    • Characteristic: Work in business and financial occupations
    • Characteristic: Work in management-level occupations
    • Characteristic: Work in sales and related occupations
  • Income
    • Characteristic: High rent compared to income
  • People & Culture
    • Characteristic: Naturalized U.S. citizens
    • Characteristic: Speak Spanish or Spanish Creole
    • Characteristic: Wealthy retirees
  • Transportation
    • Characteristic: Drive to work alone
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