2025 Compare Cities Economy:
Torrance, CA vs Oak Point, TX

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Highlights
- Household income in Oak Point, is 3% less than it is in Torrance and is 29% above the National Average.
- Torrance unemployment rate is 8.2%.
- Oak Point unemployment rate is 5.6%.
 Torrance, CAOak Point, TXUnited States
 Unemployment Rate  Unlock5.6%6.0%
 Recent Job Growth  Unlock3.3%1.6%
 Future Job Growth33.8%  Unlock33.5%
 Sales Taxes9.5%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$49,624  Unlock$37,638
 Household Income  Unlock$97,308$69,021
 Family Median Income$120,320  Unlock$85,028
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 Est. Households By Income
 Torrance, CAOak Point, TXUnited States
 Income Less Than 15K  Unlock1.4%9.4%
 Income between 15K and 20K2.1%  Unlock3.8%
 Income between 20K and 30K  Unlock1.1%8.1%
 Income between 30K and 40K5.8%  Unlock8.0%
 Income between 40K and 50K  Unlock13.2%7.6%
 Income between 50K and 60K5.5%  Unlock7.2%
 Income between 60K and 75K  Unlock8.7%9.6%
 Income between 75K and 100K12.6%  Unlock12.8%
 Income between 100K and 150K  Unlock29.3%16.3%
 Income between 150K and 200K12.5%  Unlock7.8%
 Income greater than 200K  Unlock12.4%9.5%
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 Population By Occupation
 Torrance, CAOak Point, TXUnited States
 Management, business, finance23.7%  Unlock16.4%
 Engineering, computers, science  Unlock2.4%6.5%
 Community, social services1.9%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library6.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.3%2.0%
 Healthcare practitioners and technology6.3%  Unlock6.2%
 Healthcare support  Unlock0.2%3.3%
 Firefighters, law enforcement2.1%  Unlock2.1%
 Food preparation, serving  Unlock7.3%5.4%
 Building maintenance1.4%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support21.7%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair3.9%  Unlock8.1%
 Production, transportation, material moving  Unlock11.1%13.1%
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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Reviews for Oak Point    1 Reviews

Over 15 years ago

We've lived in Oak Point about 1 year. It's a very nice rural community situated on Lake Lewisville. Residents are largely made up of middle-to-upper income folks.   More

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