Torrance, CA 90501

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 6970 11110 $12,062 $1,680
(5.02% of returns)
$2,052
(2.73% of returns)
$9,550
$25,000 to $50,000 5150 10200 $30,173 $2,475
(6.99% of returns)
$6,765
(8.93% of returns)
$9,588
$50,000 to $75,000 2900 5940 $46,224 $3,039
(15.86% of returns)
$14,851
(14.14% of returns)
$10,322
$75,000 to $100,000 1760 3900 $58,667 $3,032
(22.73% of returns)
$19,607
(15.34% of returns)
$11,362
$100,000 to $200,000 2890 7360 $82,547 $4,176
(34.95% of returns)
$22,576
(17.99% of returns)
$13,067
Over $200,000 910 2510 $193,516 $17,570
(51.65% of returns)
$24,392
(15.38% of returns)
$15,790
For Zip 20580 41020 $49,554

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Income Tax Rates

Rate Minimum Income Maximum Income
0.01 0 8223**
0.02 8223 19495
0.04 19495 30769
0.06 30769 42711
0.08 42711 53980
0.093 53980 275738
0.103 275738 330884
0.113 330884 551473
0.123 551473 1000000
0.133 1000000 null

Property Tax Rates

Rate Rank (compared to Other States)
0.0074 35

Sales Tax Rates

State Rate Average Local Rate Combined Rate Rank (compared to Other States)
0.0725 0.0141 0.0866 9