Here's what it costs to live in Torrance, California, based on the latest US government data. Renters pay a median of $2,280 per month, while the typical home is valued around $1,074,700. Households earn a median of $116,217 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$116,217
Median Income / yr
Census ACS
$2,280
Median Rent / mo
Census ACS
$1,074,700
Median Home Value
Census ACS
N/A
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | N/A |
| Registered Nurse | N/A |
| Elementary Teacher | N/A |
| Electrician | N/A |
| Accountant | N/A |
| Plumber | N/A |
| Nurse Practitioner | N/A |
| Civil Engineer | N/A |
| Operations Manager | N/A |
| Market Research Analyst | N/A |
| Health Services Manager | N/A |
| Truck Driver | N/A |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
142,130
Latest estimate
Median Age
43.2 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
8
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$2,069
Per month
Avg Home Value
$949,613
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 90248 | — | $1,640 | $617,100 |
| ZIP 90277 | — | $2,463 | $1,317,500 |
| ZIP 90278 | — | $2,406 | $1,164,300 |
| ZIP 90501 | — | $1,771 | $824,600 |
| ZIP 90503 | — | $2,210 | $991,400 |
| ZIP 90504 | — | $2,110 | $854,800 |
| ZIP 90505 | — | $2,215 | $1,095,000 |
| ZIP 90717 | — | $1,740 | $732,200 |
January Avg
59°F
July Avg
71°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Dry/Arid · Source: NOAA/NCEI 30-year normals.
Healthcare Score
32.1
poor
Hospitals
4
Doctors per 1,000
1.00
Insurance Coverage
95.8%
The cost of living index for Torrance is not yet available.
The median gross rent in Torrance is $2,280 per month according to US Census ACS data.
The median household income in Torrance is $116,217 per year.
The median home value in Torrance is $1,074,700 based on the latest Census ACS survey.
Air quality data for Torrance is not yet available.
Tax data for California is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
