Economy in Torrington, Connecticut
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Economy
| Unemployment Rate | 11.20% | 9.10% |
| Recent Job Growth | 0.47% | -0.12% |
| Future Job Growth | 29.74% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 5.00% | 6.25% |
| Income per Cap. | $25,816 | $27,067 |
| Household Income | $50,199 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.83% | 12.10% |
| Income between 15K and 25K | 10.63% | 10.18% |
| Income between 25K and 35K | 11.12% | 10.56% |
| Income between 35K and 50K | 16.27% | 14.98% |
| Income between 50K and 75K | 21.02% | 19.53% |
| Income between 75K and 100K | 13.49% | 12.52% |
| Income between 100K and 150K | 12.72% | 12.14% |
| Income between 150K and 250K | 1.54% | 3.91% |
| Income between 250K and 500K | 1.13% | 3.34% |
| Income greater than 500K | 0.25% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.44% | 13.81% |
| Professional and Related Occupations | 19.66% | 22.68% |
| Service | 14.94% | 14.51% |
| Sales and Office | 28.34% | 25.22% |
| Farming, Fishing, and Forestry | 0.14% | 0.68% |
| Construction, Extraction, and Maintenance | 10.16% | 9.37% |
| Production, Transportation, and Material Moving | 21.07% | 15.86% |
The unemployment rate in Torrington, CT, is 11.20%, with job growth of 0.47%. Future job growth over the next ten years is predicted to be 29.74%.
Torrington, CT Taxes
Torrington, CT,sales tax rate is 6.00%. Income tax is 5.00%.
Torrington, CT Income and Salaries
The income per capita is $25,816, which includes all adults and children. The median household income is $50,199.
Torrington Economy SperlingViews
hidden treasure: Torrington is a bustling little town which has been designated by President Bush as the nation's first micropolis. That means that it is a town of less than 50,000... (read more)Enjoy classic New England two hours from NYC: Torrington is a nice place for a family. School system is pretty good if parents are involved, sports are important. Still quite affordable and lots of new development.... (read more)Torrington CT: Torrington is a really nice city with good public schools. Torrington has a low crime rate. Torrington does not have good public transportation so a car is a must. ... (read more)Have an opinion about Torrington? Leave a commentTo See All SperlingViews for Torrington Click Here
