Economy in Torrance, California
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Economy
| Unemployment Rate | 6.10% | 9.10% |
| Recent Job Growth | -0.43% | -0.12% |
| Future Job Growth | 33.04% | 31.25% |
| Sales Taxes | 8.25% | 6.80% |
| Income Taxes | 9.30% | 6.25% |
| Income per Cap. | $36,506 | $27,067 |
| Household Income | $72,665 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 7.09% | 12.10% |
| Income between 15K and 25K | 6.48% | 10.18% |
| Income between 25K and 35K | 6.73% | 10.56% |
| Income between 35K and 50K | 12.41% | 14.98% |
| Income between 50K and 75K | 18.81% | 19.53% |
| Income between 75K and 100K | 15.56% | 12.52% |
| Income between 100K and 150K | 18.11% | 12.14% |
| Income between 150K and 250K | 8.45% | 3.91% |
| Income between 250K and 500K | 5.52% | 3.34% |
| Income greater than 500K | 0.85% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.09% | 13.81% |
| Professional and Related Occupations | 23.66% | 22.68% |
| Service | 10.01% | 14.51% |
| Sales and Office | 27.11% | 25.22% |
| Farming, Fishing, and Forestry | 0.05% | 0.68% |
| Construction, Extraction, and Maintenance | 6.05% | 9.37% |
| Production, Transportation, and Material Moving | 9.30% | 15.86% |
The unemployment rate in Torrance, CA, is 6.10%, with job growth of -0.43%. Future job growth over the next ten years is predicted to be 33.04%.
Torrance, CA Taxes
Torrance, CA,sales tax rate is 8.25%. Income tax is 9.30%.
Torrance, CA Income and Salaries
The income per capita is $36,506, which includes all adults and children. The median household income is $72,665.
Torrance Economy SperlingViews
re: Ocean breeze in Torrance - 8/28/2006: Steve, Are you still living in the Torrance area? I am considering a move to the area and wanted to get your advice on what "nice" area of Torrance I want to focus... (read more)Ocean breeze in Torrance: Being on the West end of Torrance, a rather large city, the ocean breeze blows hard in the hot summer afternoons. The ocean being only about a mile away, keeps the... (read more)re: A great city to live in - 2/5/2010: Hi Tom,
I am Aditya from India. Would be moving to Torrance around Dec. 2010/Jan 2011 for my job. Appreciate if you could share something about the apartment... (read more)Have an opinion about Torrance? Leave a commentTo See All SperlingViews for Torrance Click Here
