Irvine is one of the nation’s safest and wealthiest cities. Factors that make it one of the most desirable places to live include a strong economy, good schools, a stable job market, beautiful scenery and warm weather. FBI statistics show that Irvine has maintained one of the lowest violent crime rates in the nation among cities with over 100,000 inhabitants.
Irvine is home to over one-third of the country’s Fortune-500 companies. Its major employers include Irvine Spectrum and Irvine Business Complex, both of which employ over 150,000 workers. Over 15,000 companies conduct business within city limits. While it boasts a strong economy, Irvine is one of the country's greenest cities because of its enduring commitment to the environment.
Since this city has a warm, sunny climate with January lows in the high 50s and a temperate average of 71 degrees in August, you'll have many opportunities to enjoy the outdoors year-round. Irvine encompasses over 16,000 acres of parks. One of its biggest recreational attractions is Orange County Great Park, which concentrates on agriculture, sports and the arts.
While California has a reputation for having bad traffic, Irvine does not have problems with congestion. That's because the city uses censors and cameras to help regulate traffic flow. Traffic signals adjust according to the quantity of automobiles in any given time period.
Irvine is a top-destination for pursuing higher educational opportunities. In 2016, Livability rated this city a top-ten college town. It is home to Concordia University, the University of California, the University of Southern California and Irvine Valley College. Its public schools rank regularly among the best in the state. That's because almost two dozen of the 37 public educational facilities have a perfect GreatSchools rating of 10.
The median age of Irvine homes is 21 years. Over one-third of all residences were built after 2000. Over the last decade, property appreciation measured just over 17 percent. Median home values range between $700,000 and $800,000, but you can get a move-in ready condo for under $300,000. Almost half of the population in Irvine rents homes. So if you're not ready to make a permanent commitment, you can find plenty of rentals.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.