Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $94,781 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $46,588 |
| Persons in poverty, percent | 6.8% |
Is Torrance affluent?
The per capita income in Torrance in 2018 was $46,588, which is upper middle income relative to California, and wealthy relative to the rest of the US.
What is the cost of living in Torrance California?
Torrance cost of living is 189.3
| COST OF LIVING | Torrance | California |
|---|---|---|
| Grocery | 105.4 | 105.1 |
| Health | 89.4 | 92.4 |
| Housing | 357.6 | 239.1 |
| Median Home Cost | $1,016,800 | $684,800 |
Is Torrance poor?
6.87% of the population for whom poverty status is determined in Torrance, CA (9.94k out of 145k people) live below the poverty line, a number that is lower than the national average of 12.3%.
What are the demographics of Torrance CA?
Torrance Demographics
White: 42.92% Asian: 37.89% Two or more races: 8.55% Other race: 6.84%
What is the richest city in Orange County?
Yorba Linda
Often identified as the richest city in the U.S. by the Census Bureau, Yorba Linda is a suburban town with a thriving job market.
Where do most millionaires live in California?
Almost half of the state’s billionaires come from tech. Much of that wealth is concentrated in the San Francisco Bay Area, where 116 of the state’s billionaires reside. That includes the state’s richest residents: Google cofounders Larry Page and Sergey Brin.
Is Torrance CA a good place to live?
Torrance is in Los Angeles County and is one of the best places to live in California. Living in Torrance offers residents an urban suburban mix feel and most residents own their homes. In Torrance there are a lot of restaurants, coffee shops, and parks.
How much it cost to live in Toronto?
Minimum Cost of Living Across Canada
| City | Total Cost of Living | Monthly Housing Costs 2 Bedroom Apartment (Rent + Utilities) |
|---|---|---|
| Toronto | $4,975 | $1,953 |
| Ottawa | $4,590 | $1,800 |
| London | $4,384 | $1,537 |
| Montreal | $3,038 | $1,166 |
What county is Torrance CA in?
Torrance is the eighth largest city in Los Angeles County and the 33rd largest city in California. Climate: Torrance enjoys a pleasant year-round climate with warm temperatures, sea breezes, low humidity and an average rainfall of 12.55 inches per year. The City has 90,000 street trees.
Why are there so many Japanese people in Torrance?
There are several reasons why there’s such a large gathering of Japanese residents. According to Public Radio International, before World War II hit, Torrance was one of the few cities in Southern California that would lease land to non-U.S. citizens.
What is that smell in Torrance?
Thousands of residents from Carson, West Carson and portions of Gardena, Torrance, Redondo Beach, Wilmington and Long Beach have reported the odor. It comes from hydrogen sulfide gas and has been described as being akin to the smell of rotting eggs.
Which part of Torrance is safest?
Safest Torrance neighborhoods
- West Torrance.
- La Romeria Park.
- Hollywood Riviera East.
- Marble Estates.
- Skyline.
- Hollywood Riviera.
- Madrona South.
- Merit Carson.
What is the city of Torrance known for?
The city consistently ranks among the safest cities in Los Angeles County. Torrance is the birthplace of the American Youth Soccer Organization (AYSO).
How far is Torrance from the beach?
Driving distance from Torrance to Long Beach is 26 kilometers (16 miles).
Is Torrance considered South Bay?
The South Bay Cities region includes the cities of Carson, El Segundo, Gardena, Hawthorne, Hermosa Beach, Inglewood, Lawndale, Lomita, Los Angeles (Harbor City, Harbor Gateway, San Pedro and Wilmington), Manhattan Beach, Palos Verdes Estates, Rancho Palos Verdes, Redondo Beach, Rolling Hills, Rolling Hills Estates,
Where do billionaires live in Los Angeles?
Los Angeles’ most expensive neighborhoods are found in two principal areas: on the ridges of the Santa Monica Mountains and along the shores of the Pacific Ocean.
What is the wealthiest area in California?
The San Francisco Bay Area, where the average zip code has a net worth over $450,000 per resident, is the state’s wealthiest region. Sections of Los Angeles, Orange, and San Diego counties also have considerable wealth.
What is the richest part of LA?
The top 10 richest neighborhoods in Los Angeles County, with their mean household income:
- Beverly Park: $502,440.
- The Hill Section of Manhattan Beach: $399,820.
- Beverly Hills (the 90120 section): $395,734.
- Hidden Hills: $383,731.
- Rolling Hills: $373,524.
- Bel-Air Estates: $355,007.
- Upper Laurel Canyon: $332,037.
Who is the richest family in California?
- #7. Robert Pera.
- #6. Laurene Powell Jobs & family.
- #5. Eric Schmidt.
- #4. Jensen Huang.
- #3. Mark Zuckerberg.
- #2. Sergey Brin. – Net worth: $115.4 billion (#8 wealthiest in the world)
- #1. Larry Page. – Net worth: $120.2 billion (#6 wealthiest in the world)
- You may also like: Where people in California are moving to most.
Is Rancho Palos Verdes rich?
90275: Rancho Palos Verdes/Rolling Hills Estates is located on the coast in southern Los Angeles County, California. Ranchos Palos Verdes is one of the richest neighborhoods in Los Angeles, according to Curbed.