Living in Toro Canyon, California
Cost of living, income, home prices, rent and demographics of Toro Canyon · Census data 2020–2024
Toro Canyon has 1,477 residents with a median age of 66.9. The median household income is $140,743 (42% higher than the California median), the median home value is $2,000,001, the median rent is $2,179/month.
Toro Canyon is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Toro Canyon at a glance
- Population
- 1,477
- Median age
- 66.9State: 37.9
- Median household income
- $140,743State: $99,122
- Median home value
- $2,000,001State: $734,700
- Median rent
- $2,179/moState: $2,036
- Homeowners
- 85.9%
- Bachelor's degree or higher
- 64.7%
- Average commute
- 27 min
Is Toro Canyon a good place to live?
Pros: Median household income 42% higher than the California median; an average commute of 27 minutes; unemployment of 5.9%; a poverty rate of 6%.
Cons: Home values 172% higher than the state median.
The weather is best in July to October.
Cost of living in Toro Canyon
Housing is the biggest part of the cost of living. In Toro Canyon the median home value is $2,000,001, 501% higher than the U.S. median. Renters pay a median of $2,179 per month, which is 34.2% of household income. Homeowners with a mortgage pay $4,001 a month in housing costs.
Toro Canyon median household income
The median household income in Toro Canyon is $140,743 and the income per person is $124,645. 6% of residents live below the poverty line (California: 12%).
Housing in Toro Canyon: homes for sale and rent
- Housing units
- 1,000
- Owner-occupied
- 85.9%
- Renter-occupied
- 14.1%
- Vacant
- 29.2%Includes seasonal homes
- Median year built
- 1976
- Average household size
- 2.08
Toro Canyon demographics
- Population
- 1,477
- Median age
- 66.9
- Under 18
- 13.6%
- 65 and older
- 52.5%
- Households
- 708
- Foreign-born
- 20%
- Veterans
- 7.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Toro Canyon ›
Education in Toro Canyon
64.7% of adults 25 and older in Toro Canyon have a bachelor's degree or higher (California: 37.1%), and 37% have a graduate or professional degree.
Jobs and commute in Toro Canyon
- Unemployment rate
- 5.9%State: 6.6%
- Average commute
- 27 minState: 29 min
- Work from home
- 22.2%
- Drive alone
- 55.1%
- Public transit
- 0%
- Walk to work
- 12.8%
- Homes with broadband
- 99.2%
Toro Canyon vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Toro Canyon | 1,477 | $140,743 | $2,000,001 | $2,179 |
| Summerland | 1,348 | $95,694 | $2,000,001 | — |
| Montecito | 9,031 | $231,005 | $2,000,001 | $3,501 |
| Carpinteria | 13,036 | $100,658 | $1,043,100 | $2,377 |
| Santa Barbara | 87,779 | $106,182 | $1,570,800 | $2,413 |
| Mission Canyon | 2,357 | $208,466 | $2,000,001 | $3,501 |
| Eastern Goleta Valley | 28,295 | $146,284 | $1,361,700 | $2,964 |
| Oak View | 6,141 | $110,440 | $819,100 | $2,271 |
| Mira Monte | 6,888 | $72,879 | $812,200 | $2,017 |
More for people moving to Toro Canyon
Toro Canyon ZIP code ›Weather and climate ›Living in Toro Canyon: FAQ
What is the median household income in Toro Canyon, CA?
The median household income in Toro Canyon is $140,743, 42% higher than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Toro Canyon?
The median home value in Toro Canyon is $2,000,001, compared with $734,700 in California.
How much is rent in Toro Canyon?
The median gross rent in Toro Canyon is $2,179 per month, about 34.2% of household income.
Is Toro Canyon, CA a good place to live?
Pluses: median household income 42% higher than the California median; an average commute of 27 minutes; unemployment of 5.9%; a poverty rate of 6%. Minuses: home values 172% higher than the state median.
What is the median age in Toro Canyon?
The median age in Toro Canyon is 66.9 years (California: 37.9).
How long is the commute in Toro Canyon?
The average commute to work in Toro Canyon is 27 minutes; 22.2% of workers work from home.
What is the unemployment rate in Toro Canyon?
The unemployment rate in Toro Canyon is 5.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Toro Canyon?
64.7% of adults in Toro Canyon have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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