2025 Compare Cities Economy:
Fanwood, NJ vs Torrance, CA

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Highlights
- Household income in Torrance, is 44% less than it is in Fanwood and is 31% above the National Average.
- Fanwood unemployment rate is 8.0%.
- Torrance unemployment rate is 8.2%.
 Fanwood, NJTorrance, CAUnited States
 Unemployment Rate  Unlock8.2%6.0%
 Recent Job Growth  Unlock0.7%1.6%
 Future Job Growth22.3%  Unlock33.5%
 Sales Taxes6.6%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$69,106  Unlock$37,638
 Household Income  Unlock$100,215$69,021
 Family Median Income$194,674  Unlock$85,028
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 Est. Households By Income
 Fanwood, NJTorrance, CAUnited States
 Income Less Than 15K  Unlock6.2%9.4%
 Income between 15K and 20K1.7%  Unlock3.8%
 Income between 20K and 30K  Unlock4.7%8.1%
 Income between 30K and 40K2.9%  Unlock8.0%
 Income between 40K and 50K  Unlock5.5%7.6%
 Income between 50K and 60K1.9%  Unlock7.2%
 Income between 60K and 75K  Unlock7.7%9.6%
 Income between 75K and 100K12.8%  Unlock12.8%
 Income between 100K and 150K  Unlock20.0%16.3%
 Income between 150K and 200K14.2%  Unlock7.8%
 Income greater than 200K  Unlock17.6%9.5%
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 Population By Occupation
 Fanwood, NJTorrance, CAUnited States
 Management, business, finance43.1%  Unlock16.4%
 Engineering, computers, science  Unlock11.5%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock1.4%1.2%
 Education, library7.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.8%2.0%
 Healthcare practitioners and technology5.3%  Unlock6.2%
 Healthcare support  Unlock1.9%3.3%
 Firefighters, law enforcement0.6%  Unlock2.1%
 Food preparation, serving  Unlock3.7%5.4%
 Building maintenance1.5%  Unlock3.6%
 Personal care  Unlock2.5%2.6%
 Sales, office, administrative support19.0%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.6%  Unlock8.1%
 Production, transportation, material moving  Unlock7.7%13.1%
Reviews for Fanwood    2 Reviews

Over 17 years ago

We are transplanted New Yorkers and this is our second NJ town in five years (Bogota was the first and it was not for us). We chose Fanwood because of its proximity to  More

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Have lived in this Central New Jersey small town..20yrs..Love it Close to Westfield, Scotch Plains and Cranford...affluent towns with lots of shops, great restaurants  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 10 years ago

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

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