Torrance city, CA

ZIP 90501 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Torrance city, CA (90501)

Median Income

$92,815

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,033

Wealth inflow

Population

41,319

Unemployment

7.1%

3.4pp above US avg

IRS migration statistics show a net inflow of about 2,033 for ZIP 90501 (Torrance city, CA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

7.1%+91% vs US avg

Self-Employed

2.9%-53% vs US avg

SNAP Benefits

8.8%-24% vs US avg

1,849

Establishments

27,757

Employees

~15 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.4%
Construction4.7%
Manufacturing10.7%
Wholesale trade3.8%
Retail trade9.2%
Transportation, utilities7.9%
Information3.4%
Finance, insurance, real estate5.7%
Professional, scientific, management14.6%
Education, health care, social21.8%
Arts, entertainment, food services11.7%
Other services3.7%
Public administration2.3%

Household Income

Historical Trends in 90501 (2020–Present)

Since 2020, population declined 2.3%, median income rose 4.6% (inflation-adjusted), home values increased 11.0%.

Median Income

$92,815

+24% vs US avg

Unemployment Rate