HomeCaliforniaLos Angeles CountyTorrance city
Torrance city, California: commercial real estate data.
Torrance city is a Census city of 142,130 people across 20.52 square miles of land, in Los Angeles County. Median household income is $116,217, 55.0 percent of occupied homes are owned, and the SBA record carries 247 7(a) approvals to borrowers here worth $151.1 m.
82 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Torrance
What Torrance is
- Census place typecity
- Land area20.52 sq mi
- Water area4.1 sq mi
- Population per square mile of land6,928
- County holding the largest share of its areaLos Angeles County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Torrance
How many people live in Torrance
- Population142,130
- Median age43.2
- Population under 1829,553
- Share under 1820.8 percent
- Population 65 and over26,698
- Share 65 and over18.8 percent
- Households54,869
- Family households36,265
- Share of households that are families66.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Torrance
Income and work in Torrance
- Median household income$116,217
- Per capita income$58,656
- Civilian labor force74,027
- Employed69,593
- Unemployed4,434
- Unemployment rate6.0 percent
- Adults 25 and over103,739
- Adults 25 and over with a high school diploma or higher95.0 percent
- Adults 25 and over with a bachelor degree or higher54.0 percent
- Adults 25 and over with a graduate degree19.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Torrance
Housing in Torrance
- Housing units59,284
- Occupied units54,869
- Vacant units4,415
- Vacancy rate7.4 percent
- Owner occupied30,182
- Renter occupied24,687
- Ownership rate55.0 percent
- Median owner-occupied home value$1,074,700
- Median gross rent, monthly$2,280
- Annual rent as a share of median income23.5 percent
- Single family units35,460
- Share single family59.8 percent
- Units in buildings of two or more22,733
- Share in buildings of two or more38.3 percent
- Mobile homes1,091 plus or minus 244
- Median year structure built1964
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Torrance
How Torrance gets to work
- Workers 16 and over who commute53,276
- Commuting under 15 minutes12,047
- Share commuting under 15 minutes22.6 percent
- Commuting 30 minutes or more20,438
- Share commuting 30 minutes or more38.4 percent
- Drove alone69.7 percent
- Carpooled5.5 percent
- Public transport0.9 percent plus or minus 0.4
- Walked0.9 percent plus or minus 0.3
- Worked from home20.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Torrance
SBA loans in Torrance (7(a))
- Approvals247
- Gross approval$151,116,200
- Average approval$611,806
- Median approval$266,500
- Ninetieth percentile approval$1,850,000
- Largest approval$5,000,000
- Jobs supported2,547
- Jobs per approval10.3
- Loans with a final outcome40
- Paid in full36
- Charged off4
- Charge-off rate over resolved loans10.0 percent
- Median term120 months
- Share on real estate terms of 20 years or more15.4 percent
- Share to franchises10.1 percent
- Distinct lenders67
- Distinct industries by NAICS132
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Torrance
SBA loans in Torrance (504)
- Approvals112
- Gross approval$130,957,000
- Average approval$1,169,259
- Median approval$855,000
- Largest approval$5,058,000
- Jobs supported1,613
- Loans with a final outcome40
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term300 months
- Distinct CDCs10
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Torrance
Flood risk in Torrance
- Listed NFIP communities1
- Of those, participating1
- NFIP community number060165
- Currently effective map date04/21/21
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Los Angeles County, not Torrance
Los Angeles County context, not Torrance figures
These are Los Angeles County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Torrance measurements.
- Establishments in Los Angeles County304,988
- Employment at those establishments, Los Angeles County3,987,736
- Covered employment, Los Angeles County4,525,711
- Average annual pay, Los Angeles County$83,554
- Average weekly wage, Los Angeles County$1,607
- Housing units permitted, Los Angeles County19,809
- Of those, single family, Los Angeles County9,106
- County product, 2024, Los Angeles County$1,002,965,029,000
- County product change over the prior year, Los Angeles County4.9 percent
- Average income of an arriving household, Los Angeles County$103,070
Every figure in this section is published for Los Angeles County as a whole and is not a measurement of Torrance. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Torrance questions, answered from the record.
How many people live in Torrance, California?
142,130, in 54,869 households. Torrance city covers 20.52 square miles of land, which is 6,928 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Torrance in?
Los Angeles County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Torrance?
$116,217. The median owner-occupied home is valued at $1,074,700. Median gross rent is $2,280 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Torrance businesses?
247 7(a) approvals totalling $151.1 m, across 67 lenders, median approval $266,500, plus 112 504 approvals worth $131.0 m. These count approvals to borrowers whose address is in Torrance, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Torrance borrowers get paid back?
Of the 40 loans that have reached a final outcome, 36 were paid in full and 4 charged off, a charge off rate of 10.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Torrance in the National Flood Insurance Program?
Yes. Torrance appears in the FEMA Community Status Book as community 060165, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Torrance figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Los Angeles County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Torrance.
Is zoning published for Torrance?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.