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Real Estate Prices & Overview

W Torrance Blvd / S New Hampshire Ave median real estate price is $743,697, which is more expensive than 44.3% of the neighborhoods in California and 83.6% of the neighborhoods in the U.S.

The average rental price in W Torrance Blvd / S New Hampshire Ave is currently $2,946, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 54.9% of California neighborhoods.

W Torrance Blvd / S New Hampshire Ave is an urban neighborhood (based on population density) located in Torrance, California.

W Torrance Blvd / S New Hampshire Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the W Torrance Blvd / S New Hampshire Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in W Torrance Blvd / S New Hampshire Ave are 4.1%, which is lower than one will find in 72.6% of American neighborhoods. Demand for real estate in W Torrance Blvd / S New Hampshire Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Torrance, the W Torrance Blvd / S New Hampshire Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Car Ownership

We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the W Torrance Blvd / S New Hampshire Ave neighborhood has a highly unusual pattern of car ownership. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 36.6% of the households here have four, five, or more cars. That is more cars per household than in 96.9% of the neighborhoods in the nation.

Diversity

Did you know that the W Torrance Blvd / S New Hampshire Ave neighborhood has more Yugoslav and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.8% of this neighborhood's residents have Yugoslav ancestry and 29.2% have Asian ancestry.

W Torrance Blvd / S New Hampshire Ave is also pretty special linguistically. Significantly, 4.4% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the W Torrance Blvd / S New Hampshire Ave neighborhood in Torrance are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.4% of the neighborhoods in America. In addition, 7.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 58.3% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the W Torrance Blvd / S New Hampshire Ave neighborhood, 37.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.5%), and 17.9% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the W Torrance Blvd / S New Hampshire Ave neighborhood is Spanish, spoken by 43.8% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region), Korean and Japanese.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the W Torrance Blvd / S New Hampshire Ave neighborhood in Torrance, CA, residents most commonly identify their ethnicity or ancestry as Mexican (46.2%). There are also a number of people of Asian ancestry (29.2%), and residents who report Irish roots (4.6%), and some of the residents are also of German ancestry (2.7%), along with some Polish ancestry residents (1.3%), among others. In addition, 38.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in W Torrance Blvd / S New Hampshire Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (57.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (78.0%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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