ZIP Code 92602 — Irvine, California

The median home in 92602 is valued at $1,116,300 against a median household income of $137,037, a price-to-income ratio of 8.1. That is above the 6.7 median across the 1,558 California ZIP codes with published housing data, and well past the 3.0 ratio that marks an attainable market nationally, so buying here on a local median income requires substantial savings or a second income. Within Orange County, 92602 ranks 48 of 87 ZIPs on affordability (1 = lowest ratio); the county median ratio is 7.9. Renting takes 24.4% of median household income (median rent $2,786 a month), under the 30% cost-burden threshold.

92602 ranks 212 of 1,558 statewide on median household income and 235 of 1,558 on median home value; its income is above the $116,618 Orange County median. 43% of households own their home, below the 64% statewide ZIP median, so most residents rent. 71% of adults hold a bachelor's degree or higher, far above the 31% median, and the poverty rate is 6.9%, below the 10.8% statewide ZIP median. Unemployment stands at 4.0%.

With 1,766 residents per square mile across 15.1 square miles of land, 92602 is far denser than the statewide ZIP median of 1,120 (rank 718 of 1,558). This is a low-density pattern of large lots, small towns or scattered subdivisions.