Torrance, CA Profile: Facts & Data

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Torrance, California - Basic Facts

The City of Torrance had a population of 142,324 as of July 1, 2024. Torrance ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in California. See peer rankings below.

The primary coordinate point for Torrance is located at latitude 33.8358 and longitude -118.3406 in Los Angeles County. The formal boundaries for the City of Torrance encompass a land area of 20.48 sq. miles and a water area of 0.08 sq. miles. Los Angeles County is in the Pacific time zone (GMT -8).

The City of Torrance has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

California is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Torrance is located within Torrance CCD of Los Angeles County.


Jump to... (On This Page!)
  1. Torrance 2024 Demographic Data
  2. Growth Rates for Torrance (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. California Research Tools (Easy Tools & Current Data)
  3. California Data Comparison Tool - 2024 Demographics
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Torrance, CA Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 142,324 (100%)
Population in Households 140,931 (99.0%)
Population in Families 117,078 (82.3%)
Population in Group Quarters1 1,393 ( 1.0%)
Population Density 6,937
Diversity Index2 80
 
 

INCOME

Median Household Income $114,154
Average Household Income $155,832
% of Income for Mortgage4 53%
Per Capita Income $61,263
Wealth Index5 143
Socioeconomic Status Index6 Moderate (54.6)
 

HOUSING

Total HU (Housing Units) 58,295 (100%)
Owner Occupied HU 30,327 (52.0%)
Renter Occupied HU 25,611 (43.9%)
Vacant Housing Units 2,357 ( 4.0%)
Median Home Value $967,349
Average Home Value $1,084,364
Housing Affordability Index3 48
 

HOUSEHOLDS

Total Households 55,938
Average Household Size 2.52
Family Households 37,512
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population -0.77% -0.58%
Households -0.30% -0.04%
Families   0.01%
Median Household Income   3.07%
Per Capita Income   3.52%
Owner Occupied HU   0.27%

Torrance, CA - Peer Comparisons by Rank and Percentile

The table below compares Torrance to the other 1,618 incorporated cities, towns and CDPs in California by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 41 98th
Population Density # 147 91st
Median Household Income # 368 77th
Housing Affordability Index # 626 39th
Per Capita Income # 349 78th
Diversity Index # 446 72nd

Additional comparisons and rankings can be made with a VERY EASY TO USE California Census Data Comparison Tool.

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