Toro Canyon is bounded on the west by Montecito and Summerland, on the east and southeast by Carpinteria, on the north by Los Padres National Forest, and on the south by the Pacific Ocean.

According to the United States Census Bureau, the CDP has a total area of 3.6 square miles (9.3 km2), 99.90% of it land and 0.10% of it water.

The 2010 United States Census[6] reported that Toro Canyon had a population of 1,508.

153 households (24.7%) were made up of individuals, and 71 (11.5%) had someone living alone who was 65 years of age or older.

There were 804 housing units at an average density of 225.0 per square mile (86.9/km2), of which 440 (71.0%) were owner-occupied, and 180 (29.0%) were occupied by renters.

There were 814 housing units at an average density of 224.5 per square mile (86.7/km2).

27.9% of all households were made up of individuals, and 9.5% had someone living alone who was 65 years of age or older.