Irvine is a large city located in the state of California. With a population of 313,685 people and 49 associated neighborhoods, Irvine is the 14th largest community in California. Much of the housing stock in Irvine was built relatively recently. The construction of new real estate can often be taken as an indication that the local Irvine economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Irvine, where the median household income is $122,948.00.
Irvine home prices are not only among the most expensive in California, but Irvine real estate also consistently ranks among the most expensive in America.
Also of interest is that Irvine has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Irvine is also a city of artists. Irvine has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Irvine’s character.
A relatively large number of people in Irvine telecommute to their jobs. Overall, about 23.15% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Irvine is a major college town that has a very high percentage of its residents over 18 years old who are college students. Naturally, collegiate life has a major influence on the local Irvine culture, lifestyle and music scene. In fact, Irvine is one of only a few big cities that are also major college towns. The combination of big city status and thousands of college students gives Irvine on one hand, a sophisticated style, while on the other also provides a youthful feel and lots of diversions and entertainment for students. Believe it or not, Irvine is one of the biggest "college towns" in America, generating lift to the economy of the entire region, and issuing forth thousands of newly-minted college students every spring, powering the innovation economy, the arts, and a lively club scene.
This makes Irvine a good place to live for young professionals. With so many people in this demographic, Irvine presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.
If knowledge is power, Irvine is a pretty powerful place. 70.02% of the adults in Irvine have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Irvine in 2022 was $59,354, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $237,416 for a family of four. However, Irvine contains both very wealthy and poor people as well.
Irvine is an extremely ethnically-diverse city. The people who call Irvine home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Irvine residents report their race to be Asian, followed by White. Irvine also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.24% of the city’s residents. Important ancestries of people in Irvine include German, English, Irish, Iranian, and Italian.
Irvine also has a high percentage of its population that was born in another country: 39.57%.
The most common language spoken in Irvine is English. Other important languages spoken here include Chinese and Spanish.