Torrance, CA 90505

Income Statistics

Number of Returns People Average Income Average Dividend Average Social Security Average Mortgage Interest
Under $25,000 4470 5890 $10,938 $1,873
(15.88% of returns)
$2,173
(6.71% of returns)
$10,390
$25,000 to $50,000 2960 4760 $31,295 $3,613
(20.61% of returns)
$7,538
(20.27% of returns)
$11,383
$50,000 to $75,000 2480 4580 $47,392 $4,358
(27.42% of returns)
$15,751
(22.58% of returns)
$11,208
$75,000 to $100,000 1910 3900 $60,210 $4,309
(31.94% of returns)
$19,989
(25.13% of returns)
$11,498
$100,000 to $200,000 3960 10070 $84,593 $6,235
(46.46% of returns)
$23,216
(23.99% of returns)
$14,255
Over $200,000 2190 6490 $213,959 $21,312
(60.27% of returns)
$25,502
(16.89% of returns)
$17,233
For Zip 17970 35690 $75,902

`

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