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Torrance, CA&

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Population
147,307
0.19% decline
Median Age
41.7
Median Household Income
$80,862
1.65% growth
Poverty Rate
6.93%
Number of Employees
72,153
0.4% growth
Median Property Value
$652,600
2.18% growth

Economy

The economy of Torrance, CA employs 72,153 people. The economy of Torrance, CA is specialized in Management of Companies & Enterprises; Information; and Professional, Scientific, Tech Services, which employ respectively 1.75; 1.58; and 1.46 times more people than what would be expected in a location of this size. The largest industries in Torrance, CA are Manufacturing (10,074), Healthcare & Social Assistance (8,623), and Retail trade (7,576), and the highest paying industries are Management of Companies & Enterprises ($74,063), Utilities ($68,702), and Professional, Scientific, Tech Services ($62,719).

Median household income in Torrance, CA is $80,862. Males in Torrance, CA have an average income that is 1.28 times higher than the average income of females, which is $56,697. The income inequality of Torrance, CA (measured using the Gini index) is 0.507 which is higher than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Torrance, CA. In Los Angeles County, CA the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 72 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $11,222. Monterey County, CA has the highest prevalence of homicides of any county in California.

Coverage

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Showing data across all counties in California.

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Diversity

Torrance, CA is home to a population of 147,307 people, from which 88% are citizens. The ethnic composition of the population of Torrance, CA is composed of 59,390 White residents (40.3%), 49,912 Asian residents (33.9%), 25,965 Hispanic residents (17.6%), 6,837 Two+ residents (4.64%), and 3,598 Black residents (2.44%). The most common foreign languages in Torrance, CA are Spanish (13,798 speakers), Korean (9,215 speakers), and Japanese (7,480 speakers), but compared to other places, Torrance, CA has a relative high number of Japanese (7,480 speakers), Korean (9,215 speakers), and Persian (861 speakers).

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Education

In 2015 universities in Torrance, CA awarded 64 degrees. The student population of Torrance, CA is skewed towards females, with 13 male students and 51 female students. Most students in Torrance, CA are Black or African American (27 and 42.2%), followed by Hispanic or Latino (17 and 26.6%), Asian (15 and 23.4%), and White (4 and 6.25%). The largest universities in Torrance, CA by number of graduates are Homestead Schools (64 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Torrance, CA are Licensed Practical & Vocational Nurse Training (49 and 76.6%), N/A (N/A and N/A), and N/A (N/A and N/A). The median tuition costs in Torrance, CA are N/A for private four year colleges, and N/A and N/A respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Torrance, CA is $652,600, which is 3.18 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $638,700 to $652,600, a 2.18% increase. The homeownership rate of Torrance, CA is 55%, which is lower than the national average of 63.6%. People in Torrance, CA have an average commute time of 26.4 minutes, and they commute by Drove Alone. Car ownership in Torrance, CA is approximately the same as the national average, with an average of 2 cars per household.

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Los Angeles County, CA
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Los Angeles-Long Beach-Anaheim, CA Metro Area
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