Top Industries in Torquay
Torquay is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Torquay include:
Tourism and Hospitality
Tourism remains a cornerstone of Torquay's economy, with numerous hotels, restaurants, and attractions offering a variety of employment opportunities.
Range: $20-$50k
Growth rate: 5% annually
Healthcare
The healthcare sector in Torquay is expanding, with new facilities and services increasing demand for medical professionals.
Range: $30-$80k
Growth rate: 7% annually
Retail
Retail continues to be a significant employer in Torquay, with a variety of shops and boutiques catering to both locals and tourists.
Range: $18-$40k
Growth rate: 3% annually
Education
Education is a stable sector in Torquay, with schools and educational institutions providing consistent employment opportunities.
Range: $25-$60k
Growth rate: 2% annually
Employment Trends and Growth Rates
Torquay's employment trends in 2024 show a positive trajectory, particularly in tourism and healthcare, which are driving job growth.
The local job market is adapting to changes with a focus on service-oriented roles, reflecting the town's economic reliance on tourism.
Income inequality remains a concern, with efforts being made to balance opportunities across different sectors.
Job Market for Remote and Freelance Workers in Torquay
Remote work is gaining traction in Torquay, with approximately 35% of the workforce engaging in remote roles, particularly in tech and creative industries.
Local companies are increasingly offering remote positions, and job boards are reflecting this trend with more listings for remote work.
Job Resources and Networking
Torquay offers a range of job resources, including local job boards and career fairs that cater to various industries.
Career development centers and workshops are available to assist job seekers in enhancing their skills and improving employability.
Local platforms such as TorquayJobs.com provide targeted job listings for the area.
Property Prices Rankings
The Property Prices Rankings for United Kingdom evaluate affordability and investment potential using indices like the Price to Income Ratio, Mortgage as a Percentage of Income, Loan Affordability, Price to Rent Ratio, and Gross Rental Yield.
Highest to LowestUpdated: Oct, 2025