Torrance, CA has a population of 147,190, while the median age is 42. The household income in Torrance, CA is around $85,070. The homeownership rate among the residents is 55%. The median residential property value in Torrance, CA that you should keep in mind is $687,900.
|Number Of Employees||72,783|
|Median Property Value||$687,900|
Numbers claim that the highest paid jobs in Torrance, CA are Architecture & Engineering Occupations, Law Enforcement Workers Including Supervisors, Computer, Engineering, Science Occupations, Management Occupations and Computer & Mathematical Occupations.
Keeping in mind that the employment rate changed by 1% recently, there must be a strong understanding of industries people of Torrance, CA work in. The highest paid industries are Public Administration, Information, Utilities, Manufacturing and Professional, Scientific, Technical Services.
According to latest census, Torrance, CA is a home for 49% white residents. The second common group is asian with 35% residents. The list of the most common racial or ethnic groups is closed by other with 7% residents.
Past year Torrance, CA universities awarded around 1,375,800 degrees. Statistics show that the population of students in Torrance, CA includes 687,900 female students and 687,900 male students. Torrance, CA offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Homestead Schools with the majority of graduates. The share of the public colleges in Torrance, CA is n/a and 100 go to the private colleges.
Primary care physicians in Torrance, CA see an average of 1,391 patients, dentists 1,199 patients, metal health providers 343 patients, and other healthcare providers 2,003 patients per year.
Citizens of Torrance, CA travel to their offices around 27 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
|Rent Price||May||vs Last Month|
|1 bed rentals||$1,784||+22.7%|
|2 bed rentals||$2,686||-11.1%|
|3 bed rentals||$3,896||-1.8%|
|4+ bed rentals||$4,211||-0.3%|
Over the May 2022, the average rent for an apartment in/near Torrance, CA increased by 3.1% to $3,401.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $1,784 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $2,686. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $3,896. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $4,211 for a big-family home.
|Rent Type Price||May||vs Last Month|
Looking at the median rent price for an apartment in Torrance, CA, you can note that it remains flat with a price tag of $1,942. The median rent for a house is still $3,921 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $2,680. An average duplex is now available for $2,600, cause median rent for a duplex remains the same this month. The median rent for a loft did not face significant changes this time, it now still goes for $5,000. If you’re looking for a room, the price tag still starts at $1,368. The median price did not change this time. Townhouse rent pricing didn’t change, the price still starts at $3,725.