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2024 Compare Cities Economy:
Waterloo, IA vs Torrance, CA

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Highlights
- Household income in Torrance, is 103% more than it is in Waterloo and is 31% above the National Average.
- Waterloo unemployment rate is 5.6%.
- Torrance unemployment rate is 8.2%.

Economy
 Waterloo, IATorrance, CAUnited States
 Unemployment Rate5.6%8.2%6.0%
 Recent Job Growth0.3%0.7%1.6%
 Future Job Growth19.9%33.8%33.5%
 Sales Taxes7.0%9.5%6.2%
 Income Taxes7.4%8.0%4.6%
 Income per Cap.$29,079$49,624$37,638
 Household Income$49,430$100,215$69,021
 Family Median Income$63,394$120,320$85,028
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 Est. Households By Income
 Waterloo, IATorrance, CAUnited States
 Income Less Than 15K12.2%6.2%9.4%
 Income between 15K and 20K6.2%2.1%3.8%
 Income between 20K and 30K10.8%4.7%8.1%
 Income between 30K and 40K11.6%5.8%8.0%
 Income between 40K and 50K9.9%5.5%7.6%
 Income between 50K and 60K8.8%5.5%7.2%
 Income between 60K and 75K10.1%7.7%9.6%
 Income between 75K and 100K12.1%12.6%12.8%
 Income between 100K and 150K11.7%20.0%16.3%
 Income between 150K and 200K3.7%12.5%7.8%
 Income greater than 200K3.0%17.6%9.5%
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 Population By Occupation
 Waterloo, IATorrance, CAUnited States
 Management, business, finance10.3%23.7%16.4%
 Engineering, computers, science4.9%11.5%6.5%
 Community, social services2.0%1.9%1.8%
 Legal0.8%1.4%1.2%
 Education, library5.4%6.5%6.2%
 Arts, design, media, sports, entertainment0.8%3.8%2.0%
 Healthcare practitioners and technology5.3%6.3%6.2%
 Healthcare support4.1%1.9%3.3%
 Firefighters, law enforcement1.8%2.1%2.1%
 Food preparation, serving6.9%3.7%5.4%
 Building maintenance2.9%1.4%3.6%
 Personal care2.4%2.5%2.6%
 Sales, office, administrative support18.9%21.7%20.9%
 Farming, fishing, forestry0.6%0.0%0.6%
 Construction, extraction, maintenance/repair7.3%3.9%8.1%
 Production, transportation, material moving25.5%7.7%13.1%

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Reviews for Waterloo    5 Reviews

The bike racks recently installed on the MET buses was a great idea for a community that has numerous bike riders and  More

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Over 16 years ago

Unless you're into getting wasted on a regular basis there's not a lot to do here. Most people barhop for fun. Being someone who doesn't drink and doesn't enjoy being  More

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Over 16 years ago

So the weather is emotional here - on and off during the summer its hot and rainy, yet during the fall it is quite often beautiful. Winters can be long, and spring can  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 WATERLOO, IOWA
50701 50702 50703
ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504

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