ZIP Code 92606 — Demographics & Housing Data 2023

Overview

If you’re considering a move, investment, or business opportunity in ZIP 92606, located in Irvine, California, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 25,000 and a strong economic profile, this ZIP code stands out as a dynamic and diverse community. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights will help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 92606 is home to 24,499 residents, making it a moderately sized community within the bustling Irvine area. These individuals are distributed across 8,925 households, reflecting a mix of family and individual living arrangements. With 9,436 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for rental opportunities. The average household size here suggests a balanced community of families and singles, ideal for a variety of lifestyle needs.

Income & Housing Costs

Economically, ZIP 92606 is a standout with a median household income of $140,790, well above national averages. This high earning potential reflects a prosperous community, likely attracting professionals and families seeking a comfortable lifestyle. However, housing costs align with this affluence: the median home value is $1,046,700, positioning this area as a premium real estate market. For renters, the median rent is $2,845 per month, which is significant but reflective of the high quality of life and amenities in the region. These figures suggest that while entry into this market requires substantial financial resources, the return in terms of community quality and property value stability could be worth it.

Race & Ethnicity

The cultural fabric of ZIP 92606 is notably diverse, offering a rich community experience. The racial composition includes 44.01% Asian, 31.84% White, 10.52% Hispanic, and 1.19% Black residents, with the remainder comprising other or mixed-race individuals. This diversity, particularly the significant Asian population, shapes the area’s cultural offerings, from cuisine to community events, making it an attractive destination for those who value multiculturalism. For businesses, this mix presents opportunities to cater to varied consumer preferences and needs.

Key Facts

• Total population: 24,499 residents in 2023.
• Total households: 8,925, with a mix of family and individual units.
• Total housing units: 9,436, indicating some potential availability.
• Median household income: $140,790, signaling strong economic stability.
• Median home value: $1,046,700, a premium market for buyers and investors.
• Median rent: $2,845, reflecting high demand for rental properties.
• Diverse demographics: 44.01% Asian, 31.84% White, 10.52% Hispanic.

What This Means for You

For homebuyers, ZIP 92606 offers a high-quality living environment backed by strong household incomes and a diverse, vibrant community. However, the median home value of over $1 million means you’ll need significant capital or financing to enter this market—though the investment could pay off with long-term value appreciation. Real estate investors and agents will find a stable, high-demand area with potential for rental income given the $2,845 median rent and slight surplus of housing units. Small-business owners can leverage the area’s diversity and affluence to target niche markets, whether through cultural offerings or premium services. Analysts can use these metrics to benchmark ZIP 92606 against other regions, identifying trends in income, housing, and demographic shifts. Across all groups, the data points to a competitive but rewarding market for those prepared to engage with it.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 92606? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.