Torrance is a city located in Los Angeles County California. With a 2020 population of 141,364, it is the 40th largest city in California and the 195th largest city in the United States . Torrance is currently declining at a rate of -0.78% annually and its population has decreased by -2.80% since the most recent census, which recorded a population of 145,438 in 2010. Torrance reached it's highest population of 146,950 in 2015. Spanning over 21 miles, Torrance has a population density of 6,889 people per square mile.
The average household income in Torrance is $118,289 with a poverty rate of 6.87%. The median rental costs in recent years comes to $1,736 per month, and the median house value is $762,700. The median age in Torrance is 41.9 years, 40.7 years for males, and 43.2 years for females.
Torrance is located in the South Bay area of Los Angeles County, California along the Pacific Ocean. Torrance is located about 20 miles south of Los Angeles and 15 miles northwest of Long Beach. It's part of the Greater Los Angeles metropolitan area which has an estimated population of 18.7 million. Torrance is noted as one of the safest cities in the county.
About 30% of people in Torrance were born outside of the United States. Torrance has the second-largest population of ethnic Japanese in the United States after Honolulu as it was one of the few places in the region that allowed non-U.S. citizens to buy property before WWII and it's close to the Toyota American headquarters. About 15% of the population of Torrance has Japanese heritage. The South Bay region is also home to a large Korean population largely concentrated in Torrance and Gardena.
Torrance is expected to enjoy 34% job growth over the next decade (https://www.bestplaces.net/economy/city/california/torrance) and already enjoys a robust and diverse economy. While Torrance's population will continue to grow, its growth rate is expected to be modest over the next ten years.
While California was under Spanish control, present-day Torrance was granted to Juan Jose Dominguez in 1784 as part of a land grant for Rancho San Pedro. It was the divided when Rancho de los Palos Verdes was granted in the Alta California area of independent Mexico.
A real estate developer named Jared Torrance purchased part of the Spanish land grant in the early 1900s and hired a landscape architect to design a planned city. Torrance was founded and named in honor of the developer in 1912. The city was incorporated in 1921. Today, many of the original buildings from 1912 remain.