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2024 Compare Cities Economy:
Malaga, CA vs Torrance, CA

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Highlights
- Household income in Torrance, is 118% more than it is in Malaga and is 31% above the National Average.
- Malaga unemployment rate is 9.9%.
- Torrance unemployment rate is 8.2%.

Economy
 Malaga, CATorrance, CAUnited States
 Unemployment Rate9.9%8.2%6.0%
 Recent Job Growth2.0%0.7%1.6%
 Future Job Growth30.8%33.8%33.5%
 Sales Taxes8.0%9.5%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$17,101$49,624$37,638
 Household Income$45,893$100,215$69,021
 Family Median Income$67,692$120,320$85,028
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 Est. Households By Income
 Malaga, CATorrance, CAUnited States
 Income Less Than 15K9.5%6.2%9.4%
 Income between 15K and 20K0.0%2.1%3.8%
 Income between 20K and 30K12.8%4.7%8.1%
 Income between 30K and 40K12.8%5.8%8.0%
 Income between 40K and 50K23.1%5.5%7.6%
 Income between 50K and 60K0.0%5.5%7.2%
 Income between 60K and 75K5.9%7.7%9.6%
 Income between 75K and 100K27.1%12.6%12.8%
 Income between 100K and 150K8.8%20.0%16.3%
 Income between 150K and 200K0.0%12.5%7.8%
 Income greater than 200K0.0%17.6%9.5%
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 Population By Occupation
 Malaga, CATorrance, CAUnited States
 Management, business, finance1.2%23.7%16.4%
 Engineering, computers, science0.0%11.5%6.5%
 Community, social services0.0%1.9%1.8%
 Legal0.0%1.4%1.2%
 Education, library1.2%6.5%6.2%
 Arts, design, media, sports, entertainment1.6%3.8%2.0%
 Healthcare practitioners and technology4.0%6.3%6.2%
 Healthcare support14.1%1.9%3.3%
 Firefighters, law enforcement0.7%2.1%2.1%
 Food preparation, serving3.8%3.7%5.4%
 Building maintenance8.0%1.4%3.6%
 Personal care1.6%2.5%2.6%
 Sales, office, administrative support37.6%21.7%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair10.8%3.9%8.1%
 Production, transportation, material moving15.3%7.7%13.1%

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Reviews for Malaga    0 Reviews

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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 MALAGA, CALIFORNIA
No Zip Codes Here.
ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504

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