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2024 Compare Cities Economy:
Houghton, MI vs Torrance, CA

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Highlights
- Household income in Torrance, is 306% more than it is in Houghton and is 31% above the National Average.
- Houghton unemployment rate is 5.4%.
- Torrance unemployment rate is 8.2%.

Economy
 Houghton, MITorrance, CAUnited States
 Unemployment Rate5.4%8.2%6.0%
 Recent Job Growth0.6%0.7%1.6%
 Future Job Growth23.9%33.8%33.5%
 Sales Taxes6.0%9.5%6.2%
 Income Taxes4.3%8.0%4.6%
 Income per Cap.$20,149$49,624$37,638
 Household Income$24,660$100,215$69,021
 Family Median Income$102,292$120,320$85,028
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 Est. Households By Income
 Houghton, MITorrance, CAUnited States
 Income Less Than 15K27.6%6.2%9.4%
 Income between 15K and 20K12.3%2.1%3.8%
 Income between 20K and 30K12.9%4.7%8.1%
 Income between 30K and 40K6.6%5.8%8.0%
 Income between 40K and 50K6.4%5.5%7.6%
 Income between 50K and 60K3.4%5.5%7.2%
 Income between 60K and 75K5.6%7.7%9.6%
 Income between 75K and 100K6.7%12.6%12.8%
 Income between 100K and 150K9.7%20.0%16.3%
 Income between 150K and 200K4.9%12.5%7.8%
 Income greater than 200K4.2%17.6%9.5%
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 Population By Occupation
 Houghton, MITorrance, CAUnited States
 Management, business, finance6.9%23.7%16.4%
 Engineering, computers, science6.9%11.5%6.5%
 Community, social services0.2%1.9%1.8%
 Legal0.0%1.4%1.2%
 Education, library16.2%6.5%6.2%
 Arts, design, media, sports, entertainment3.4%3.8%2.0%
 Healthcare practitioners and technology7.7%6.3%6.2%
 Healthcare support6.3%1.9%3.3%
 Firefighters, law enforcement2.7%2.1%2.1%
 Food preparation, serving9.3%3.7%5.4%
 Building maintenance6.1%1.4%3.6%
 Personal care4.7%2.5%2.6%
 Sales, office, administrative support16.7%21.7%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair5.2%3.9%8.1%
 Production, transportation, material moving7.6%7.7%13.1%

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Reviews for Houghton    5 Reviews

Over 9 years ago

Houghton,MI is located in the middle of Lake Superior on the Keweenaw Peninsula. It was a boom town with the copper barons in the late 1800's and today it struggles to  More

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Over 11 years ago

For those who are interested in a laid-back community with low cost of living, rich human history, surrounded by impressive natural beauty, Houghton is the place. The  More

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Over 15 years ago

The 49931 zip code map to display Houghton is misleading. It implies that Isle Royale, isolated in the northern reaches of Lake Superior, is the area covered by this  More

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Reviews for Torrance    15 Reviews

I'll admit it, I'm biased. So, I can't say what's a lot or a little without outside sources for the most part. I was born and raised in Torrance. I've lived here for 20+  More

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I have lived in Torrance for 19 years. I was fortunate enough to move here before housing prices skyrocketed in the early 2000's. I live in the middle of Torrance and as  More

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Over 9 years ago

Due to global warming, the climate has gotten warmer longer.  More

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ZIPS IN HOUGHTON, MICHIGAN
49931
ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504

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