Torrance is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of California. With a population of 141,126 people and 38 associated neighborhoods, Torrance is the 40th largest community in California. Torrance home prices are not only among the most expensive in California, but Torrance real estate also consistently ranks among the most expensive in America.Torrance is a decidedly white-collar city, with fully 88.12% of the workforce employed in white-collar jobs, well above the national average. Overall, Torrance is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Torrance who work in management occupations (16.00%), office and administrative support (11.79%), and sales jobs (9.10%). Also of interest is that Torrance has more people living here who work in computers and math than 95% of the places in the US. Of important note, Torrance is also a city of artists. Torrance has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Torrance’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.89% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. Torrance is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities. Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Torrance. 52.68% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%. The per capita income in Torrance in 2022 was $54,737, which is upper middle income relative to California, and wealthy relative to the rest of the US. This equates to an annual income of $218,948 for a family of four. However, Torrance contains both very wealthy and poor people as well. Torrance is an extremely ethnically-diverse city. The people who call Torrance home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Torrance residents report their race to be Asian, followed by White. Torrance also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 19.29% of the city’s residents. Important ancestries of people in Torrance include German, Irish, English, Italian, and Polish. In addition, Torrance has a lot of people living here who were born outside of the US (30.42%). The most common language spoken in Torrance is English. Other important languages spoken here include Spanish and Korean.