Neighborhood Profile

Olde Torrance

Torrance, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
47.0
National rank: #8,714 of 14,967
Stability and Strength
51.8
Score
Value Opportunity
40.6
Score
Momentum
48.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationTorrance, CA
CountyLos Angeles County
National rank#8,714 of 14,967
State rank#1,053 of 1,814
City rank#18 of 29
County rank#175 of 321
National percentile41.8
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,050,576
Year-over-year home value change1.0%
Month-over-month home value change-0.12%
Home value to income ratio9.44
Median household income$111,342
Bachelor's degree or higher51.4%
Civilian unemployment rate6.8%
Homeownership rate45.0%
Housing vacancy rate9.7%
Rent burden 30% or higher50.1%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Olde Torrance

What is the Best Neighborhoods USA ranking for Olde Torrance?

Olde Torrance is ranked #18 of 29 eligible neighborhoods in Torrance; #1,053 of 1,814 eligible neighborhoods in CA; and #8,714 of 14,967 eligible neighborhoods in the United States.

Is Olde Torrance one of the best neighborhoods in Torrance?

Olde Torrance has a Best Neighborhoods USA Index of 47.0 and a city ranking of #18 of 29 eligible neighborhoods in Torrance.

How much are homes worth in Olde Torrance?

The current Zillow Home Value Index for Olde Torrance is approximately $1,050,576.

Are home values rising or falling in Olde Torrance?

Zillow neighborhood values changed 1.0% year over year and -0.12% month over month.

What is the Neighborhood Momentum Score for Olde Torrance?

Olde Torrance has a Neighborhood Momentum Score of 48.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Olde Torrance?

The NDS-derived neighborhood median household income is approximately $111,342.

How affordable is Olde Torrance relative to household income?

The current Zillow home-value-to-household-income ratio is 9.44. Price-to-income affordability is a major Value Opportunity input.

Is Olde Torrance primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 45.0%.

What is the unemployment rate in Olde Torrance?

The NDS-derived civilian unemployment rate is approximately 6.8%.

How educated are residents of Olde Torrance?

Approximately 51.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Olde Torrance face high rent burden?

Approximately 50.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Olde Torrance?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications167
Estimated originations110
Home-purchase applications80
Origination rate65.5%
Home-purchase share47.9%
Average application loan$501,291
Total application loan amount$83,860,311
National application rank#2,613 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 7.1% YoY; originations 18.4% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.