Torrance, California Economy Profile

Official State Website URL- http://www.ca.gov

Torrance, California Economy

According to the statistics on employment by occupation in Torrance, California, 17.78% of workers provide educational, health and social services. 6.42% of people provide Arts, entertainment, recreation, accommodation and food services in Torrance, California. The percentage of people involved into professional, scientific, management, administrative, and waste management services in Torrance, California is as follows: twelve point zero eight percent.

In Torrance, California government workers account for twelve point seven one percent of workers. 77.64% of workers comprise private wage and salary workers. Median household income in Torrance, California is equal to fifty-six thousand, four hundred and eighty-nine dollars while median family income is sixty-seven thousand, ninety-eight dollars. The earnings of male full-time, year-round workers, in Torrance, California are $51,472. The amount of earnings of female full-time, year-round workers reaches $37,114.

0.0 of families in Torrance, California are below poverty line (total population in Torrance, California is 137,946). There are six hundred and sixty-six families with female householder, no husband present. The median age of a Torrance, California resident is thirty-eight point seven years old.

	Torrance, California	%, Torrance, California	United States
Population 16 years and over	109,862		217,168,077
In labor force	70,385	64.07%	63.92%
- Civilian labor force	70,314	64.0%	63.39%
- - Employed	67,573	61.51%	59.73%
- - Unemployed	2,741	2.49%	3.66%
- - - Percent of civilian labor force	3.9		5.8
- Armed Forces	71	0.06%	0.53%
Not in labor force	39,477	35.93%	36.08%
Females 16 years and over	57,208	52.07%	51.66%
In labor force	32,423	29.51%	29.72%
- Civilian labor force	32,401	29.49%	29.65%
- - Employed	31,232	28.43%	27.92%
Own children under 6 years	9,130	8.31%	10.05%
All parents in family in labor force	4,975		12,787,501
COMMUTING TO WORK
Workers 16 years and over	66,569		128,279,228
Car, truck, or van -- drove alone	55,197	82.92%	75.7%
Car, truck, or van -- carpooled	6,521	9.8%	12.19%
Public transportation (including taxicab)	835	1.25%	4.73%
Walked	883	1.33%	2.93%
Other means	814	1.22%	1.19%
Worked at home	2,319	3.48%	3.26%
Mean travel time to work (minutes)	25.1	0.04%	25.5
Employed civilian population 16 years and over	67,573		129,721,512
OCCUPATION
Management, professional, and related occupations	30,905	45.74%	33.65%
Service occupations	6,817	10.09%	14.86%
Sales and office occupations	20,284	30.02%	26.69%
Farming, fishing, and forestry occupations	25	0.04%	0.73%
Construction, extraction, and maintenance occupations	4,174	6.18%	9.45%
Production, transportation, and material moving occupations	5,368	7.94%	14.62%
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining	152	0.22%	1.87%
Construction	2,671	3.95%	6.78%
Manufacturing	11,850	17.54%	14.1%
Wholesale trade	3,401	5.03%	3.6%
Retail trade	7,685	11.37%	11.73%
Transportation and warehousing, and utilities	4,516	6.68%	5.2%
Information	2,468	3.65%	3.08%
Finance, insurance, real estate, and rental and leasing	4,818	7.13%	6.89%
Professional, scientific, management, administrative, and waste management services	8,166	12.08%	9.3%
Educational, health and social services	12,012	17.78%	19.92%
Arts, entertainment, recreation, accommodation and food services	4,336	6.42%	7.87%
Other services (except public administration)	3,041	4.5%	4.87%
Public administration	2,457	3.64%	4.79%
CLASS OF WORKER
Private wage and salary workers	52,464	77.64%	78.47%
Government workers	8,586	12.71%	14.59%
Self-employed workers in own not incorporated business	6,141	9.09%	6.63%
Unpaid family workers	382	0.57%	0.31%

	Torrance, California	%, Torrance, California	United States
INCOME IN 1999
Households	54,540		105,539,122
Less than $10,000	3,186	5.84%	9.54%
$10,000 to $14,999	2,232	4.09%	6.31%
$15,000 to $24,999	4,482	8.22%	12.83%
$25,000 to $34,999	5,701	10.45%	12.81%
$35,000 to $49,999	8,075	14.81%	16.53%
$50,000 to $74,999	11,762	21.57%	19.46%
$75,000 to $99,999	7,675	14.07%	10.23%
$100,000 to $149,999	7,655	14.04%	7.72%
$150,000 to $199,999	2,242	4.11%	2.2%
$200,000 or more	1,530	2.81%	2.37%
Median household income (dollars)	56,489		41,994
With earnings	44,752	40.73%	39.12%
- Mean earnings (dollars)	70,709		56,604
With Social Security income	13,297	12.1%	12.47%
- Mean Social Security income (dollars)	12,422		11,320
With Supplemental Security Income	1,788	1.63%	2.13%
- Mean Supplemental Security Income (dollars)	7,547		6,320
With public assistance income	1,084	0.99%	1.67%
- Mean public assistance income (dollars)	5,423		3,032
With retirement income	9,115	8.3%	8.13%
- Mean retirement income (dollars)	20,355		17,376
Families	36,335		72,261,780
Less than $10,000	1,064	2.93%	5.75%
$10,000 to $14,999	877	2.41%	4.31%
$15,000 to $24,999	2,210	6.08%	10.74%
$25,000 to $34,999	3,066	8.44%	12.02%
$35,000 to $49,999	5,144	14.16%	17.13%
$50,000 to $74,999	8,251	22.71%	22.32%
$75,000 to $99,999	6,069	16.7%	12.47%
$100,000 to $149,999	6,555	18.04%	9.6%
$150,000 to $199,999	1,854	5.1%	2.75%
$200,000 or more	1,245	3.43%	2.92%
Median family income (dollars)	67,098		50,046
Per capita income (dollars)	28,144		21,587
Median earnings (dollars):
Male full-time, year-round workers	51,472		37,057
Female full-time, year-round workers	37,114		27,194
POVERTY STATUS IN 1999 (below poverty level)
Families	1,642		6,620,945
With related children under 18 years	1,151	70.1%	77.87%
- With related children under 5 years	351	21.38%	38.7%
Families with female householder, no husband present	666		3,315,916
With related children under 18 years	571	85.74%	88.68%
- With related children under 5 years	141	21.17%	42.27%
Individuals	8,815		33,899,812
18 years and over	6,539	74.18%	65.35%
- 65 years and over	1,280	14.52%	9.7%
Related children under 18 years	2,173	24.65%	33.59%
- Related children 5 to 17 years	1,758	19.94%	23.52%
Unrelated individuals 15 years and over	3,511	39.83%	31.63%

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