The 5 Richest Neighborhoods In Torrance, CA For 2023

The richest Torrance neighborhoods are West Torrance and Hollywood Riviera for 2023 based on Saturday Night Science.

Richest Neighborhoods In Torrance
Source: Public domain

Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they 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 4.42x the national median and household incomes are 2.29x the national median.

But where exactly in Torrance do the richest of the rich people live? That would be West Torrance where the median income is a cool $126,088.

Here’s a look at the top 10 wealthiest neighborhoods in Torrance out of 6 for 2023.

The Richest Neighborhoods In Torrance For 2023

  1. West Torrance
  2. Hollywood Riviera
  3. South East Torrance
  4. Walteria
  5. North Torrance

What’s the richest neighborhood to live in Torrance for 2023? According to the most recent census data, West Torrance looks to be the richest Torrance neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $563,331. 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.

Find where your neighborhood ranks amongst the richest in Torrance.

For more Torrance reading, check out the best neighborhoods in Torrance and the worst neighborhoods in Torrance.

Or, for living around Torrance, out the best Torrance suburbs and the worst Torrance suburbs.

Table Of Contents: Table | Methodology

Richst Neighborhoods In Torrance For 2023 By Median Income

Rank Neighborhood Median Household Income
1 West Torrance $126,088
2 Hollywood Riviera $107,990
3 South East Torrance $93,038
4 Walteria $83,202
5 North Torrance $78,842
6 Old Town $74,171

How We Determined The Wealthiest Neighborhoods In Torrance For 2023

Every city has its 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 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?

Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Torrance.

We ranked every neighborhood in Torrance by median income from highest to lowest. The neighborhood with the highest median income, West Torrance, was named the wealthiest neighborhood in Torrance.

The poorest neighborhood? That would be Old Town.

We updated this article for 2023. This is our tenth time ranking the most affluent neighborhoods to live in Torrance.

For more California reading, check out:

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.