Torrance is a mid-sized city in CA with a population of 148,468 residents. With a median home price of $725,547 (107% above the national median) and median household income of $82,922, Torrance is considered very expensive with a price-to-income ratio of 8.7x.
The real estate market in Torrance features a median home price of $725,547, which is 107% higher than the U.S. national median of $350,000. Monthly rent averages $3,023, 102% above the national average. Over the past decade, rent has increased by 52%.
Torrance has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Torrance offers a median household income of $82,922, which is 18% higher than the national median of $70,000. Residents spend approximately 44% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Torrance is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Torrance compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Torrance is $725,547, with average monthly rent of $3,023. The median household income is $82,922, giving the city a price-to-income ratio of 8.7x.
Torrance is considered expensive with a price-to-income ratio of 8.7x, above the national average of 5x.
Torrance has a population of 148,468 residents, making it the #258 largest city in the United States.
Torrance has a violent crime rate of 481 per 100,000 residents, which is near the national average. The property crime rate is 2165 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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