Lake Forest vs Irvine

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $937,000 in Lake Forest and $1,191,500 in Irvine.
  • Lake Forest has more scorching days: 35 a year at 90°F or hotter vs 13.
  • Irvine is growing faster: +3.6% since 2020 vs +0.5%.

Side by side

Lake Forest, CAIrvine, CA
People
Population (2025)86,333318,764
Growth since 2020+0.5%+3.6%
People per square mile5,1654,858
Median age40.234.0
Bachelor's degree or higher51%71%
Money and housing
Median household income$135,175$136,719
Median home value$937,000$1,191,500
Home value to income6.9×8.7×
Median rent (with utilities)$2,672$2,997
Metro price level (US = 100)113.6113.6
Housing price level (US = 100)170.4170.4
$75,000 elsewhere equals$85,200$85,200
Homeowners71%45%
Top state income tax13.3%13.3%
Combined sales tax9.03%9.03%
Work and commute
Average commute (minutes)25.524.7
Work from home24%28%
Take public transit1%1%
Unemployment (2020-24 avg)4.9%5.9%
Poverty rate8.5%10.8%
Weather
January high / low68° / 43°67° / 49°
July high / low85° / 61°79° / 66°
Precipitation per year14 in11 in
Snowfall per year0 in0 in
Days 90°F or hotter3513
Nights below freezing20
Comfortable months1012
Risks, air and home prices
Natural hazard risk (FEMA, county)Very HighVery High
FEMA risk score (lower is safer)99.899.8
Good air days, 202511%11%
Home prices, past year+3.3%+3.3%
Home prices, past 5 years+45.5%+45.5%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Lake Forest Irvine. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Lake Forest: October to July. Irvine: January to December.

Full monthly tables: Lake Forest weather by month and Irvine weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $85,200 in Lake Forest and $85,200 in Irvine. Moving from Lake Forest to Irvine, you would need about $75,000 to match a $75,000 salary.

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