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2024 Compare Cities Economy:
Austin, TX vs Torrance, CA

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Highlights
- Household income in Torrance, is 27% more than it is in Austin and is 31% above the National Average.
- Austin unemployment rate is 5.1%.
- Torrance unemployment rate is 8.2%.

Economy
 Austin, TXTorrance, CAUnited States
 Unemployment Rate5.1%8.2%6.0%
 Recent Job Growth3.5%0.7%1.6%
 Future Job Growth47.0%33.8%33.5%
 Sales Taxes8.3%9.5%6.2%
 Income Taxes0.0%8.0%4.6%
 Income per Cap.$48,550$49,624$37,638
 Household Income$78,965$100,215$69,021
 Family Median Income$104,153$120,320$85,028
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 Est. Households By Income
 Austin, TXTorrance, CAUnited States
 Income Less Than 15K8.3%6.2%9.4%
 Income between 15K and 20K2.6%2.1%3.8%
 Income between 20K and 30K6.1%4.7%8.1%
 Income between 30K and 40K6.8%5.8%8.0%
 Income between 40K and 50K7.1%5.5%7.6%
 Income between 50K and 60K7.5%5.5%7.2%
 Income between 60K and 75K9.3%7.7%9.6%
 Income between 75K and 100K12.6%12.6%12.8%
 Income between 100K and 150K17.7%20.0%16.3%
 Income between 150K and 200K9.4%12.5%7.8%
 Income greater than 200K12.7%17.6%9.5%
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 Population By Occupation
 Austin, TXTorrance, CAUnited States
 Management, business, finance21.9%23.7%16.4%
 Engineering, computers, science13.1%11.5%6.5%
 Community, social services1.5%1.9%1.8%
 Legal2.1%1.4%1.2%
 Education, library6.6%6.5%6.2%
 Arts, design, media, sports, entertainment4.3%3.8%2.0%
 Healthcare practitioners and technology4.6%6.3%6.2%
 Healthcare support1.7%1.9%3.3%
 Firefighters, law enforcement1.0%2.1%2.1%
 Food preparation, serving5.6%3.7%5.4%
 Building maintenance2.9%1.4%3.6%
 Personal care2.5%2.5%2.6%
 Sales, office, administrative support19.1%21.7%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair6.1%3.9%8.1%
 Production, transportation, material moving7.0%7.7%13.1%

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Reviews for Austin    449 Reviews

This Year

Good place to visit.  More

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Austin is too expensive. Let's get that out of the way. Other than that it is a fun city. Ladybird Lake makes the city, imo. The ability to stand up paddle, kayak, walk  More

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The city continues to grow quickly, which a lot of people don't like. I get it, you fall in love with a city, and it's growing so fast that you don't recognize the same  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 AUSTIN, TEXAS
78745, 78753, 78741, 78748, 78744, 78704, 78758, 78759, 78749, 78723, 40 total
ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504

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