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2024 Compare Cities Economy:
Merced, CA vs Torrance, CA

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Highlights
- Household income in Torrance, is 92% more than it is in Merced and is 31% above the National Average.
- Merced unemployment rate is 9.3%.
- Torrance unemployment rate is 8.2%.

Economy
 Merced, CATorrance, CAUnited States
 Unemployment Rate9.3%8.2%6.0%
 Recent Job Growth2.5%0.7%1.6%
 Future Job Growth33.3%33.8%33.5%
 Sales Taxes8.3%9.5%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$22,520$49,624$37,638
 Household Income$52,305$100,215$69,021
 Family Median Income$57,892$120,320$85,028
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 Est. Households By Income
 Merced, CATorrance, CAUnited States
 Income Less Than 15K14.3%6.2%9.4%
 Income between 15K and 20K5.0%2.1%3.8%
 Income between 20K and 30K10.4%4.7%8.1%
 Income between 30K and 40K9.4%5.8%8.0%
 Income between 40K and 50K8.8%5.5%7.6%
 Income between 50K and 60K8.0%5.5%7.2%
 Income between 60K and 75K10.6%7.7%9.6%
 Income between 75K and 100K10.4%12.6%12.8%
 Income between 100K and 150K13.4%20.0%16.3%
 Income between 150K and 200K5.2%12.5%7.8%
 Income greater than 200K4.5%17.6%9.5%
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 Population By Occupation
 Merced, CATorrance, CAUnited States
 Management, business, finance8.3%23.7%16.4%
 Engineering, computers, science2.9%11.5%6.5%
 Community, social services2.2%1.9%1.8%
 Legal0.5%1.4%1.2%
 Education, library7.9%6.5%6.2%
 Arts, design, media, sports, entertainment1.4%3.8%2.0%
 Healthcare practitioners and technology3.6%6.3%6.2%
 Healthcare support5.3%1.9%3.3%
 Firefighters, law enforcement3.2%2.1%2.1%
 Food preparation, serving6.2%3.7%5.4%
 Building maintenance3.8%1.4%3.6%
 Personal care3.7%2.5%2.6%
 Sales, office, administrative support18.3%21.7%20.9%
 Farming, fishing, forestry8.1%0.0%0.6%
 Construction, extraction, maintenance/repair8.7%3.9%8.1%
 Production, transportation, material moving15.8%7.7%13.1%

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Reviews for Merced    44 Reviews

Merced is totally slept on - you want a little bit of everything CA has to offer, at a fraction of the price of other CA cities? Merced is the place to go. The town  More

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Over 4 years ago

Good place to live. More affordable than most of california. The city is growing and there is alot of business and growth here. Moved from the Bay area years ago and  More

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Great place to live. Lots of progress and changes coming to the city. Great place to raise a family. UC Merced is expanding and businesses are investing. Downtown is  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 MERCED, CALIFORNIA
95340 95348 95341
ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504

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