ZIP 92602 - 860Z200US92602 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 92602, located in Irvine, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a robust population, high median income, and significant housing values, this ZIP code stands out as a dynamic and affluent community. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide valuable insights to inform your decisions. Let’s dive into the data to understand what makes ZIP 92602 unique.

Population & Households

ZIP 92602 is home to a sizable population of 27,358 residents as of 2023. This community is organized into 9,495 households, reflecting a strong residential base. With 10,245 total housing units in the area, there’s a mix of occupied and available properties, though the difference between households and housing units suggests a relatively tight market. For families, investors, or businesses, this population density indicates a vibrant area with potential for both community engagement and customer reach.

Income & Housing Costs

One of the standout features of ZIP 92602 is its economic strength, with a median household income of $150,406. This figure points to a high-earning community, likely attracting professionals and families with significant purchasing power. Housing costs align with this affluence—median house values reach $1,323,200, signaling a premium real estate market. For renters, the median rent is $2,895 per month, which is also on the higher end, reflecting the area’s desirability and cost of living. These numbers suggest that ZIP 92602 is a market for those with substantial financial resources, whether buying, renting, or investing.

Race & Ethnicity

The demographic makeup of ZIP 92602 is notably diverse, offering a multicultural environment that can appeal to a wide range of residents and businesses. The largest racial group is Asian, comprising 48.14% of the population, followed by White residents at 28.97%. Hispanic or Latino individuals make up 15.96%, while Black residents account for 0.6%. This diversity can be a significant draw for those seeking an inclusive community or for businesses aiming to cater to varied cultural preferences and needs.

Key Facts

• Total population in ZIP 92602: 27,358 residents in 2023.
• Total households: 9,495, indicating a strong residential presence.
• Total housing units: 10,245, with a small gap suggesting limited vacancy.
• Median household income: $150,406, reflecting high earning potential.
• Median house value: $1,323,200, a premium real estate market.
• Median rent: $2,895 per month, aligning with the area’s upscale profile.
• Racial composition: 48.14% Asian, 28.97% White, 15.96% Hispanic, 0.6% Black.

What This Means for You

For homebuyers, ZIP 92602 offers a prestigious address with high property values, ideal if you’re looking for long-term appreciation and a diverse, affluent community. However, the median house value of over $1.3 million and median rent of nearly $2,900 mean you’ll need significant financial readiness. For real estate investors and agents, the limited gap between housing units and households suggests low vacancy rates, which could translate to strong rental demand or competitive sales opportunities—though high entry costs are a factor. Small-business owners can benefit from the area’s high median income and diverse population, which indicate a customer base with disposable income and varied needs, perfect for tailored services or products. Finally, analysts will find this data a useful benchmark for tracking economic and demographic trends in upscale suburban markets like ZIP 92602.

Run This Study Yourself

Want to explore ZIP 92602 further or analyze another area? Follow these simple steps to get customized insights:

• Visit ZipcodeGPT to access powerful demographic and housing data tools.
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• Use the insights to make informed decisions for buying, investing, or business planning.