What is the Best Neighborhoods USA ranking for Palo del Amo?
Palo del Amo is ranked #7 of 29 eligible neighborhoods in Torrance; #270 of 1,814 eligible neighborhoods in CA; and #3,016 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Palo del Amo
Torrance, CA | Los Angeles County
Scored premium profile
Best Neighborhoods USA Index
63.2
Stability and Strength
73.8
Value Opportunity
56.2
Momentum
55.9
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 | #3,016 of 14,967 |
| State rank | #270 of 1,814 |
| City rank | #7 of 29 |
| County rank | #48 of 321 |
| National percentile | 79.9 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $1,638,357 |
| Year-over-year home value change | 1.1% |
| Month-over-month home value change | 0.12% |
| Home value to income ratio | 11.98 |
| Median household income | $136,728 |
| Bachelor's degree or higher | 61.6% |
| Civilian unemployment rate | 1.3% |
| Homeownership rate | 56.1% |
| Housing vacancy rate | 0.1% |
| Rent burden 30% or higher | 60.6% |
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 Palo del Amo
Is Palo del Amo one of the best neighborhoods in Torrance?
Palo del Amo has a Best Neighborhoods USA Index of 63.2 and a city ranking of #7 of 29 eligible neighborhoods in Torrance.
How much are homes worth in Palo del Amo?
The current Zillow Home Value Index for Palo del Amo is approximately $1,638,357.
Are home values rising or falling in Palo del Amo?
Zillow neighborhood values changed 1.1% year over year and 0.12% month over month.
What is the Neighborhood Momentum Score for Palo del Amo?
Palo del Amo has a Neighborhood Momentum Score of 55.9. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Palo del Amo?
The NDS-derived neighborhood median household income is approximately $136,728.
How affordable is Palo del Amo relative to household income?
The current Zillow home-value-to-household-income ratio is 11.98. Price-to-income affordability is a major Value Opportunity input.
Is Palo del Amo primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 56.1%.
What is the unemployment rate in Palo del Amo?
The NDS-derived civilian unemployment rate is approximately 1.3%.
How educated are residents of Palo del Amo?
Approximately 61.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Palo del Amo face high rent burden?
Approximately 60.6% 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 Palo del Amo?
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 applications5
Estimated originations3
Home-purchase applications1
Origination rate62.7%
Home-purchase share28.6%
Average application loan$481,946
Total application loan amount$2,246,675
National application rank#13,844 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 41.1% YoY; originations 40.5% 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.