Small Business in Torrance
The city's median age is 43, and the average household size is 2.56, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $113,105, reflecting the community’s purchasing power and potential demand for various services. Torrance supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 5749 operating businesses.
Industries overview
Number of companies by home service industry in Torrance
| Category | Companies |
|---|---|
| 309 | |
| 259 | |
| 180 | |
| 372 | |
| 242 | |
| 337 | |
| 229 | |
| 201 | |
| 289 | |
| 237 | |
| 426 | |
| 351 | |
| 332 |
| Category | Companies |
|---|---|
| 338 | |
| 344 | |
| 204 | |
| 250 | |
| 417 | |
| 206 | |
| 395 | |
| 168 | |
| 344 | |
| 335 | |
| 259 | |
| 249 | |
| 309 |
New websites
551
+37.75%
in 2024 compared to 2023
Total websites
4,577
+13.81% (+551)
increase from 2023 to 2024
New websites
Recently created small business websites which provide services in Torrance
| Website | Created |
|---|---|
| Mar 06, 2025 | |
| Mar 06, 2025 | |
| Mar 04, 2025 | |
| Mar 02, 2025 | |
| Feb 28, 2025 | |
| Feb 26, 2025 | |
| Feb 24, 2025 | |
| Feb 22, 2025 | |
| Feb 16, 2025 | |
| Feb 14, 2025 |
New franchise locations
New home service franchise locations in Torrance
| Profile | Launched |
|---|---|
| Feb, 2025 | |
| Jan, 2025 | |
| Jul, 2024 | |
| Jul, 2024 | |
| Jun, 2024 | |
| Dec, 2023 | |
| Nov, 2023 | |
| Nov, 2023 | |
| Nov, 2023 | |
| Feb, 2023 | |
| Jan, 2023 | |
| Nov, 2022 | |
| Nov, 2022 | |
| Nov, 2022 | |
| Feb, 2022 | |
| Nov, 2021 | |
| Nov, 2020 |