Home / Select Cities  /  2024 Comparing Torrance, CA vs. Merced, CA

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

Change Cities
Highlights
- Household income in Merced, is 48% less than it is in Torrance and is 32% below the National Average.
- Torrance unemployment rate is 8.2%.
- Merced unemployment rate is 9.3%.

Economy
 Torrance, CAMerced, CAUnited States
 Unemployment Rate8.2%9.3%6.0%
 Recent Job Growth0.7%2.5%1.6%
 Future Job Growth33.8%33.3%33.5%
 Sales Taxes9.5%8.3%6.2%
 Income Taxes8.0%8.0%4.6%
 Income per Cap.$49,624$22,520$37,638
 Household Income$100,215$52,305$69,021
 Family Median Income$120,320$57,892$85,028
 space
 Est. Households By Income
 Torrance, CAMerced, CAUnited States
 Income Less Than 15K6.2%14.3%9.4%
 Income between 15K and 20K2.1%5.0%3.8%
 Income between 20K and 30K4.7%10.4%8.1%
 Income between 30K and 40K5.8%9.4%8.0%
 Income between 40K and 50K5.5%8.8%7.6%
 Income between 50K and 60K5.5%8.0%7.2%
 Income between 60K and 75K7.7%10.6%9.6%
 Income between 75K and 100K12.6%10.4%12.8%
 Income between 100K and 150K20.0%13.4%16.3%
 Income between 150K and 200K12.5%5.2%7.8%
 Income greater than 200K17.6%4.5%9.5%
 space1
 Population By Occupation
 Torrance, CAMerced, CAUnited States
 Management, business, finance23.7%8.3%16.4%
 Engineering, computers, science11.5%2.9%6.5%
 Community, social services1.9%2.2%1.8%
 Legal1.4%0.5%1.2%
 Education, library6.5%7.9%6.2%
 Arts, design, media, sports, entertainment3.8%1.4%2.0%
 Healthcare practitioners and technology6.3%3.6%6.2%
 Healthcare support1.9%5.3%3.3%
 Firefighters, law enforcement2.1%3.2%2.1%
 Food preparation, serving3.7%6.2%5.4%
 Building maintenance1.4%3.8%3.6%
 Personal care2.5%3.7%2.6%
 Sales, office, administrative support21.7%18.3%20.9%
 Farming, fishing, forestry0.0%8.1%0.6%
 Construction, extraction, maintenance/repair3.9%8.7%8.1%
 Production, transportation, material moving7.7%15.8%13.1%

View More Data >

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

   |    Reply

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

   |    Reply

Over 9 years ago

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

   |    Reply

Start Your Review of Torrance

Reviews for Merced    44 Reviews

Merced is totally slept on - you want a little bit of everything CA has to offer, at a fraction of the price of other CA cities? Merced is the place to go. The town  More

   |    Reply

Over 4 years ago

Good place to live. More affordable than most of california. The city is growing and there is alot of business and growth here. Moved from the Bay area years ago and  More

   |    Reply

Great place to live. Lots of progress and changes coming to the city. Great place to raise a family. UC Merced is expanding and businesses are investing. Downtown is  More

   |    Reply

Start Your Review of Merced

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Torrance, California Cost of Living vs Merced, California Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN TORRANCE, CALIFORNIA
90503 90501 90505 90504
ZIPS IN MERCED, CALIFORNIA
95340 95348 95341

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now