What is the Best Neighborhoods USA ranking for La Terraza?
La Terraza is ranked #17 of 29 eligible neighborhoods in Torrance; #927 of 1,814 eligible neighborhoods in CA; and #7,897 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
La Terraza
Torrance, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
49.2
Stability and Strength
60.3
Value Opportunity
52.7
Momentum
26.7
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Torrance, CA |
| County | Los Angeles County |
| National rank | #7,897 of 14,967 |
| State rank | #927 of 1,814 |
| City rank | #17 of 29 |
| County rank | #155 of 321 |
| National percentile | 47.3 |
| National band | MIDDLE_50_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,147,938 |
| Year-over-year home value change | -2.2% |
| Month-over-month home value change | -0.07% |
| Home value to income ratio | 6.65 |
| Median household income | $172,495 |
| Bachelor's degree or higher | 61.8% |
| Civilian unemployment rate | 6.1% |
| Homeownership rate | 59.2% |
| Housing vacancy rate | 11.3% |
| Rent burden 30% or higher | 59.3% |
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 La Terraza
Is La Terraza one of the best neighborhoods in Torrance?
La Terraza has a Best Neighborhoods USA Index of 49.2 and a city ranking of #17 of 29 eligible neighborhoods in Torrance.
How much are homes worth in La Terraza?
The current Zillow Home Value Index for La Terraza is approximately $1,147,938.
Are home values rising or falling in La Terraza?
Zillow neighborhood values changed -2.2% year over year and -0.07% month over month.
What is the Neighborhood Momentum Score for La Terraza?
La Terraza has a Neighborhood Momentum Score of 26.7. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in La Terraza?
The NDS-derived neighborhood median household income is approximately $172,495.
How affordable is La Terraza relative to household income?
The current Zillow home-value-to-household-income ratio is 6.65. Price-to-income affordability is a major Value Opportunity input.
Is La Terraza primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 59.2%.
What is the unemployment rate in La Terraza?
The NDS-derived civilian unemployment rate is approximately 6.1%.
How educated are residents of La Terraza?
Approximately 61.8% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in La Terraza face high rent burden?
Approximately 59.3% 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 La Terraza?
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
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 applications6
Estimated originations4
Home-purchase applications3
Origination rate60.1%
Home-purchase share50.7%
Average application loan$501,664
Total application loan amount$3,203,719
National application rank#13,368 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 77.6% YoY; originations 45.0% 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.