Most Expensive Torrance Neighborhoods
Torrance is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 148,495 people and 34 constituent neighborhoods, Torrance is the 36th largest community in California.
Torrance home prices are not only among the most expensive in California, but Torrance real estate also consistently ranks among the most expensive in America.
Torrance is a decidedly white-collar city, with fully 87.18% of the workforce employed in white-collar jobs, well above the national average. Overall, Torrance is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Torrance who work in office and administrative support (14.01%), management occupations (13.96%) and sales jobs (11.85%).
Also of interest is that Torrance has more people living here who work in computers and math than 95% of the places in the US.
Another interesting thing about Torrance, despite not being a huge city, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.
Torrance is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Torrance is one of the most well-educated cities in the nation. 44.66% of adults in Torrance have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Torrance in 2010 was $36,234, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $144,936 for a family of four. However, Torrance contains both very wealthy and poor people as well.
Torrance is an extremely ethnically-diverse city. The people who call Torrance home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Torrance residents report their race to be White, followed by Asian. Torrance also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 16.66% of the city’s residents. Important ancestries of people in Torrance include German, Irish, English and Italian.
Foreign born people are also an important part of Torrance's cultural character, accounting for 29.54% of the city’s population.
The languages spoken by people in Torrance are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Torrance is English. Other important languages spoken here include Spanish, Korean, Japanese and Chinese.
|NUMBER OF HOMES AND APARTMENTS||56,001|
|TORRANCE HOME OWNERSHIP|
|% OWNER OCCUPIED||55.91%|
|% RENTER OCCUPIED||44.09%|
|TYPE OF TORRANCE HOMES|
|SINGLE FAMILY DETACHED||53.70%|
|ROWHOUSES AND ATTACHED HOMES||6.43%|
|SMALL APARTMENT BUILDINGS||6.13%|
|COMPLEXES OR HIGH RISE APARTMENTS||31.60%|
|SIZE OF TORRANCE HOMES|
|5 OR MORE BEDROOMS||2.82%|
|AGE OF TORRANCE HOMES|
|NEWER HOMES (2000 OR LATER)||4.35%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||27.82%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||64.84%|
|HISTORIC (1939 OR BEFORE)||2.99%|
|TORRANCE REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$798,683|
|MEDIAN RENTAL PRICE||$1,795|
|HOME VALUE RANGE|
|$0 - $65,000||1.64%|
|$65,001 - $130,000||1.51%|
|$130,001 - $260,000||1.64%|
|$260,001 - $390,000||2.75%|
|$390,001 - $521,000||6.54%|
|$521,001 - $651,000||14.25%|
|$651,001 - $976,000||47.69%|
|$976,001 - $1,302,000||18.95%|
|PEOPLE OF TORRANCE||DETAILS|
|UNDER 5 YEARS||5.33%|
|5 TO 17||15.71%|
|18 TO 24||7.78%|
|25 TO 34||11.59%|
|35 TO 54||31.77%|
|55 TO 64||11.85%|
|65 YEARS AND OVER||15.98%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||92.96%|
|MEDIAN HOUSEHOLD INCOME||$77,061|
|PER CAPITA INCOME||$36,234|
|INDIVIDUALS BELOW POVERTY LEVEL||7.38%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (14.76%)
Professional, scientific, and technical services (9.58%)
Public Service (3.64%)
Information Technology (3.52%)
Real estate (2.85%)
|BLACK OR AFRICAN AMERICAN||2.94%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.30%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.21%|
|SOME OTHER RACE ALONE||4.59%|
|TWO OR MORE RACES||6.23%|
|HISPANIC OR LATINO (OF ANY RACE)||16.66%|
|ETHNICITIES PRESENT||German (6.69%)
|LANGUAGES SPOKEN||English (61.48%)
Indic languages (1.18%)
Other Asian languages (1.04%)
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