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. There's nothing like the smell of a brand new house, and in Irvine, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Irvine, and putting down their money on brand new construction. Irvine’s real estate is, on average, some of the newest in the nation. Irvine does seem to be experiencing an influx of affluent people, because 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.Irvine is a decidedly white-collar city, with fully 94.71% of the workforce employed in white-collar jobs, well above the national average. Overall, Irvine is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Irvine who work in management occupations (16.08%), business and financial occupations (11.06%), and computer science and math (10.73%). 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. One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.15% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 also has a very large population of students, making it a major college town. As often the case, having so many students around has a strong influence on the local culture. In fact, Irvine is one of only a few big cities that are also major college towns, making it one of the nation's prominent intellectual centers. In addition, the presence of thousands of college students gives Irvine a sophisticated style, and provides lots of diversions and entertainment for students. Being a big "college town" not only means that Irvine has a burgeoning arts, music, and nightclub scene, but the innovation sector of the local economy receives a great boost from both the intellectual output of the faculty and the thousands of enthusiastic students who graduate every spring.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. In addition, Irvine has a lot of people living here who were born outside of the US (39.57%). The most common language spoken in Irvine is English. Other important languages spoken here include Chinese and Spanish.
