Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably aren’t made of ticky tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Torrance has to offer. Where houses go for over 4.11x the national median and household incomes are 1.81x the national median.
But where exactly in Torrance do the richest of the rich people live? That would be Hollywood Riviera where the median income is a cool $130,959.
Here’s a look at the top 10 richest neighborhoods in Torrance out of 6 for 2018:
- Hollywood Riviera (Homes)
- West Torrance (Homes)
- South East Torrance (Homes)
- Walteria (Homes)
- North Torrance (Homes)
- Old Town (Homes)
Summing up the median income of those 10 neighborhoods adds up to $496,856. And that my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Continue on to find where your neighborhood ranks amongst the richest in Torrance.
How We Determined The Most Well To Do Neighborhoods In Torrance For 2018
Every city has it’s best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live.
And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we really mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
We ranked every neighborhood in Torrance by median income from highest to lowest. The neighborhood with the highest median income, Hollywood Riviera, was named the richest neighborhood in Torrance.
The poorest neighborhood? That would be Old Town.
Now a look at how all the neighborhoods in Torrance ranked.
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Detailed List Of The Richest Neighborhoods In Torrance For 2018
|Rank||Neighborhood||Median Household Income|
|3||South East Torrance||$81,466|