Irvine residents are seeing their paychecks outpace inflation faster than those in nearly any other major U.S. city, according to a recent study by financial technology company SmartAsset.
The analysis compared income growth with rising prices across 94 major U.S. cities over a two-year period. Irvine ranked seventh nationwide — and second in California — with inflation-adjusted median household income rising 10.6% to $145,731.
The City also stands out for its high-earning households: 34.8% make at least $200,000 annually, giving Irvine the third-highest share in the nation, just behind San Jose and San Francisco.
ICNV staff writers are local Irvine journalists who are personally familiar with the events and issues they write about.
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