Irvine Real Estate

City of Irvine

Demographics

Incorporated	December 28, 1971
City Area	55.2 square miles
City Tree	Camphor
City Flower	Lily of the Nile
City Vegetable	Asparagus
City Insect	Western Swallowtail Butterfly

Average Annual Rainfall	10-13 inches
Average Temperature: Jan	56 degrees
Average Temperature: Aug	71 degrees

The City of Irvine has reached the halfway point of its projected employment and population growth. Population growth as a yearly percentage has slowed considerably as the City has matured. Between 1970 and 1980, population increases averaged 20% per year. Between 1980 and 1990, the average increase dropped to 8% per year; and since 1990, the annual increase has averaged 2% per year.

Because the City of Irvine is a relatively new City and started with a young population base, only 12.7% of Irvine's population was in the over-55 category in 1990. By the year 2020, however, 28% of the City's population is expected to be over 55. Where today there are about 21,000 residents over the age of 55, in 25 years that number is expected to grow to over 60,000.

Population:
2004 Population 2003 Population 2002 Population 2001 Population 2000 Population 1998 Population 1996 Population 1990 Population 1980 Population 1971 Population	171,700 164,900 156,000 148,000 143,072 129,294 127,200 110,330 62,134 14,231

College Degree	40.0%

Age Distribution Under 13 years 14-24 years 25-34 years 35-44 years 45-59 years 60-64 years 65+ years Median Age	19.3% 18.6% 15.0% 17.3% 19.5% 3.0% 7.3% 33.4

Ethnicity:
White Asian & Pacific Islander Hispanic Black Other	57% 29.8% 7.4% 1.4% 4.4%

Income:
Per Capita Household Under $14,999 $15,000 - 24,999 $25,000 - 34,999 $35,000 - 49,999 $50,000 - 74,999 $75,000 - 99,999 Over $100,000	$29,163 $62,469 8.0% 6.5% 9.1% 14.8% 22.4% 15.6% 23.6%

Housing:
Housing Units Single Units Multi-Family Seniors and Congregate Care Mobile Home Median Value Owners Renters Average Rent	52,975 40.0% 56.0% 3.98% .02% $356,000 59.6% 36.6% $1,400

Households:
Total Average Size Households w/Children Marital Status Married Single, Never Married Divorced, Separated, Widowed	51,199 2.79 37.6% 69.6% 25.9% 11.3%

Registered Voters:
Registered Republican Democrat Other	71,490 48.4% 29.2% 22.4%

Employment:
Total In-City Businesses Commercial Businesses Home Occupation Total Estimated Employment Unemployment Rate	9,813 7493 2320 168,000 3.7%

Employment by Business Size 1-5 employees 5-9 employees 10-19 employees 20-29 employees 30-49 employees 50-99 employees 100 + employees	63.7% 13.7% 9.0% 4.1% 3.7% 3.3% 2.5%

Major Employers UC Irvine St. John Knits, Inc. Irvine Unified School District Toshiba Verizon Wireless	11,347 2,900 2,400 2,500 2,300

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