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Learn about the people, housing, costs and businesses in Torrance, California
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Torrance.
True all-in cost — P&I, taxes, insurance & utilities for homes in Torrance.
Find and compare lenders active near Torrance.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Torrance.
Seismic risk and earthquake insurance estimates for Torrance.
Wildfire exposure and insurance estimates for Torrance.
As of today, the 30-year fixed mortgage rate for Torrance is approximately 6.784% (6.816% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for TorranceThe median home value in Torrance is $1.0M. The median monthly rent is $2,466. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Torrance have increased 17.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $2,423/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $104k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Torrance is $119k/year.
Calculate your buying powerThe largest employment sectors in Torrance are public administration (21%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.