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Demographic Shifts in Olde Torrance: Asian Population Growth and Racial Diversification
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Olde Torrance, a neighborhood in Torrance, California, exhibits Moderate Diversity as of 2022. The Asian population comprises 33%, followed by Hispanic (31%) and White (24%) communities. Over the past decade, the area transitioned from a White plurality to a more diverse composition. The median income in 2022 was $82,063, reflecting a relatively affluent suburban community within the greater Los Angeles metropolitan area.
From 2013 to 2022, Olde Torrance experienced significant demographic shifts. The Asian population grew from 26% to 33%, becoming the largest racial group. The White population decreased from 36% to 24%, losing its plurality status. The Hispanic community remained relatively stable, fluctuating between 30-34%. The percentage of residents identifying as two or more races increased from 2% to 6%, indicating a trend towards increased racial mixing.
The median income in Olde Torrance grew from $76,053 in 2013 to $82,063 in 2022, an increase of about 7.9% over the decade, not accounting for inflation. The neighborhood experienced income fluctuations, with a peak of $94,314 in 2021 before dropping in 2022. The population increased from 12,253 in 2013 to 12,605 in 2022, a modest growth of about 2.9%.
The demographic shifts in Olde Torrance align with broader trends seen in many California suburbs, particularly those in the Los Angeles area. The increasing Asian population and declining White population reflect patterns of immigration and domestic migration observed across the state. The growth in the multiracial population is consistent with national trends, as reported in the 2020 census.
The income growth in Olde Torrance appears to have lagged behind the overall California median household income growth, which increased by about 25% between 2013 and 2021. This suggests that while Olde Torrance remains relatively affluent, it may be experiencing slower economic growth compared to the state average.
The neighborhood's transition to Moderate Diversity reflects a broader national trend towards increased racial and ethnic diversity in suburban areas, particularly in regions with strong economic opportunities and established immigrant communities. This shift likely contributes to a changing cultural landscape in Olde Torrance, potentially influencing local businesses, schools, and community organizations to adapt to a more diverse population.
