Irvine, California, with the zip code 92618, is a mid-size city located in Southern California. It is home to many large companies, such as Blizzard Entertainment, Taco Bell Corporation, Allergan Pharmaceuticals, Broadcom Corporation and Kia Motors America. As for the cost of living in Irvine CA 92618, it is slightly higher than the national average. For instance, 2 Bedroom Rent in this area is $3,700 compared to the US 2 Bedroom Rent which averages at $1,430. The Grocery Cost Index in this area is also higher than that of the United States at 105 versus 100 respectively. Overall, Irvine CA 92618 provides its residents with an excellent quality of life but comes with a slightly higher cost than other areas across America.
Irvine (zip 92618) has an unemployment rate of 5.4%. The US average is 6.0%.
Irvine (zip 92618) has seen the job market decrease by -9.6% 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 92618)
- The Sales Tax Rate for Irvine (zip 92618) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Irvine (zip 92618) 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 92618)
- The average income of a Irvine (zip 92618) resident is $59,503 a year. The US average is $37,638 a year.
- The Median household income of a Irvine (zip 92618) resident is $117,833 a year. The US average is $69,021 a year.