TorranceCalifornia

Torrance Population Demographics

According to US population projections for 2022, the estimated population of Torrance is 143,589. 22.08% is under 18, while 18.19% is over 65.

A closer look at the age demography reveals that 4.69% of the population was five years old or younger, 22.08% were 18 years or younger and 34.48% were aged 65 years and over. The gender split in the state was nearly even, with 49.70% female and 50.30% male.

Torrance Housing

According to the US Census, Torrance has 60,220 housing units. The average owner-occupied housing unit rate in Torrance was 95.62%. At the same time, the city's median value of owner-occupied homes was $930,500

Torrance Racial Demographics

In 2020, the US Census estimated that White Alone and Asian Alone constitute 74.69% of Torrance's population. Residents of the city who were Some Other Race Alone, made up 7.75% of the total population.

Other racial groups include Black Or African American Alone, constituting 3.43% of the city's population and White Black Or African American at 0.57%

How Educated is Torrance

According to Census estimates, in 2021, 35.8% of Torrance residents had a bachelor's degree, while 19.3% had a graduate or professional degree.

Overall, 55.10% of residents have a bachelor's degree or higher.

Average Income in Torrance

The median household income in Torrance is $100,392. This figure is significantly (approximately 0.00%) less than the state average of $100,392.

Estimates by family type revealed that families earned an average of $121,574 per year, while married-couple families earned an average of $137,703.

A closer examination of the income groups of Torrance households revealed that the largest income group consisted of households with an annual income between $100,000 and $149,999. Other groups with yearly high household incomes include those between $200,000 (17.7%) and those with incomes exceeding $200,000 (17.7%). 4.6% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family