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Torrance, CA

Full City Profile · California · Los Angeles County County

3.1 /5.0
B Good
143,499 Population 6,993/sq mi density
$113,105 Median Income $57,392 per capita
$1,036,600 Home Value $1,103,723 Zillow
$2,214 Median Rent 30.3% income on rent
61°F Avg Temperature 325 sunny days/yr
193 Violent Crime/100K 1,965 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$113,105 median income, 3.5% unemployment
F
Affordability
1.5 / 5.0
$1,036,600 home value, $2,214/mo rent
F
Safety
1.0 / 5.0
193 violent crimes/100K
A+
Education
5.0 / 5.0
53.0% bachelor's degree or higher

Income Overview

Median Household Income
$113,105
51% above
US avg: $75,149
Per Capita Income
$57,392
47% above
US avg: $39,052
Unemployment Rate
3.5%
3% below
US avg: 3.6%
Poverty Rate
4.7%
62% below
US avg: 12.4%

Income Comparison: Torrance vs. U.S. Average

Each bar shows Torrance’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$113,105
151%
Per Capita
US: $39,052
$57,392
147%
IRS Avg AGI
US: $72,000
$97,528
135%
Avg Weekly Wage
US: $1,432
$1,607
112%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,607
12% above US avg ($1,432)
Mean Commute Time
27 min
1% below US avg (28 min)
Work From Home
18.5%
22% above US avg (15.2%)
Drive Alone
71.2%
3% below US avg (73.2%)
Public Transit
1.1%
78% below US avg (5.0%)
County GDP
$1,002,965M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 71.2%
Public Transit 1.1%
Work From Home 18.5%
Other 9.2%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
572,385
Restaurants
24,882
Healthcare
37,635
Retail
29,130
Manufacturing
10,448

Tax & Financial

IRS Avg Adjusted Gross Income
$97,528
35% above US avg ($72,000)
Avg Property Tax
$10,469
199% above US avg ($3,500)
Cost of Living Index
110.7
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$113,105
Per Capita Income$57,392
IRS Avg Adjusted Gross Income$97,528
Avg Weekly Wage$1,607
County GDP$1,002,965M

Hardship Indicators

Unemployment Rate3.5%
Poverty Rate4.7%
Gini Coefficient0.498
Cost of Living Index110.7

Commute

Mean Commute27 minutes
Drive Alone71.2%
Public Transit1.1%
Work From Home18.5%

Businesses

Total Establishments572,385
Restaurants24,882
Healthcare37,635
Retail29,130
Manufacturing10,448

Tax

IRS Avg AGI$97,528
Avg Property Tax$10,469