Real Estate details: Torrance CA vs Peabody MA
RE Insights
| Metric | Torrance | Peabody |
|---|---|---|
| Population | 141,126 | 53,896 |
| Median Home Price | $1,030,000 | $463,000 |
| Rent | 45% | 35% |
| Own | 55% | 65% |
Real Estate Insights Comparison: Torrance vs Peabody
- Torrance has a larger population of 141,126 compared to 53,896 in Peabody.
- A higher median home price of $1,030,000 is found in Torrance compared to $463,000 in Peabody.
- Rent in Torrance is higher at 45% compared to 35% in Peabody.
- More homeowners can be found in Peabody at 65% compared to 55% in Torrance.
Environmental Insights
Understanding environmental factors is crucial for assessing the sustainability and quality of life in a city or town. Environmental conditions can vary significantly, influenced by factors such as air quality, green spaces, and local climate. Evaluating these aspects helps in making informed decisions about living and investing in a community.