Torrance city: Homeownership Rate Trend
How Torrance city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
54.9%
2023
54.6%
Total change
-0.3 pp
% change
-0.5%
| Year | Homeownership Rate | Change |
|---|---|---|
| 2017 | 54.9% | — |
| 2019 | 55.9% | +1.0 pp (1.8%) |
| 2020 | 54.6% | -1.3 pp (-2.3%) |
| 2021 | 55.2% | +0.6 pp (1.1%) |
| 2022 | 54.8% | -0.4 pp (-0.7%) |
| 2023 | 54.6% | -0.2 pp (-0.4%) |