Home / Select Cities  /  2024 Comparing Torrance, CA vs. Richmond, CA

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

Change Cities
Highlights
- Household income in Richmond, is 21% less than it is in Torrance and is 13% above the National Average.
- Torrance unemployment rate is 8.2%.
- Richmond unemployment rate is 8.6%.

Economy
 Torrance, CARichmond, CAUnited States
 Unemployment Rate8.2%8.6%6.0%
 Recent Job Growth0.7%1.4%1.6%
 Future Job Growth33.8%34.9%33.5%
 Sales Taxes9.5%9.3%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$49,624$35,505$37,638
 Household Income$100,215$79,478$69,021
 Family Median Income$120,320$84,892$85,028
 space
 Est. Households By Income
 Torrance, CARichmond, CAUnited States
 Income Less Than 15K6.2%9.3%9.4%
 Income between 15K and 20K2.1%2.8%3.8%
 Income between 20K and 30K4.7%5.7%8.1%
 Income between 30K and 40K5.8%7.6%8.0%
 Income between 40K and 50K5.5%6.3%7.6%
 Income between 50K and 60K5.5%5.8%7.2%
 Income between 60K and 75K7.7%10.0%9.6%
 Income between 75K and 100K12.6%14.4%12.8%
 Income between 100K and 150K20.0%18.2%16.3%
 Income between 150K and 200K12.5%10.0%7.8%
 Income greater than 200K17.6%10.0%9.5%
 space1
 Population By Occupation
 Torrance, CARichmond, CAUnited States
 Management, business, finance23.7%14.1%16.4%
 Engineering, computers, science11.5%5.6%6.5%
 Community, social services1.9%2.0%1.8%
 Legal1.4%0.8%1.2%
 Education, library6.5%6.0%6.2%
 Arts, design, media, sports, entertainment3.8%2.3%2.0%
 Healthcare practitioners and technology6.3%3.1%6.2%
 Healthcare support1.9%4.1%3.3%
 Firefighters, law enforcement2.1%1.7%2.1%
 Food preparation, serving3.7%6.9%5.4%
 Building maintenance1.4%8.0%3.6%
 Personal care2.5%3.5%2.6%
 Sales, office, administrative support21.7%18.0%20.9%
 Farming, fishing, forestry0.0%0.5%0.6%
 Construction, extraction, maintenance/repair3.9%9.3%8.1%
 Production, transportation, material moving7.7%14.3%13.1%

View More Data >

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

   |    Reply

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

   |    Reply

Over 9 years ago

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

   |    Reply

Start Your Review of Torrance

Reviews for Richmond    9 Reviews

I've lived in Richmond since 2014. I find that for proximity to the rest of the East Bay, Marin county, and San Francisco it's a tremendous location. We moved here from  More

   |    Reply

Over 4 years ago

Grown up around all my life, and lived for the past 3 years. Diverse in the worst kinda way (the way that will get you robbed or assaulted). The epicenter of the  More

   |    Reply

I've lived here for more than half of my life, and never want to leave. The weather is nearly perfect. The population is very racially diverse and people for the most  More

   |    Reply

Start Your Review of Richmond

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Torrance, California Cost of Living vs Richmond, California Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504
ZIPS IN RICHMOND, CALIFORNIA
94804 94801 94805

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now