Top Industries in Torrance
Torrance is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Torrance include:
Aerospace
Torrance is home to a thriving aerospace industry, with several major companies operating in the area. The industry offers a range of job opportunities, from engineering to manufacturing.
Range: $80-$150k
Growth rate: 5% annually
Automotive
The automotive industry in Torrance is a key economic driver, with several major manufacturers and suppliers. This sector provides a variety of roles, from design to production.
Range: $70-$120k
Growth rate: 4% annually
Healthcare
Healthcare is a rapidly growing industry in Torrance, driven by an increasing demand for medical services. The sector offers a wide range of positions, from clinical roles to administrative support.
Range: $60-$110k
Growth rate: 6% annually
Technology
The technology sector in Torrance is expanding, with a focus on software development and IT services. This industry is attracting a young workforce and offers competitive salaries.
Range: $90-$160k
Growth rate: 7% annually
Hospitality
Torrance's hospitality industry is vibrant, supported by tourism and local events. The sector offers diverse roles, from management to customer service.
Range: $40-$80k
Growth rate: 3% annually
Employment Trends and Growth Rates
Torrance is witnessing a steady increase in job opportunities, particularly in the tech and healthcare sectors, which are experiencing accelerated growth.
The city's employment trends reflect a shift towards high-tech industries and a demand for skilled professionals.
Income inequality remains a concern, with the Gini index indicating disparities, yet efforts are being made to address these through local initiatives.
Job turnover rates are moderate, with a stable workforce in key industries like aerospace and automotive.
Job Market for Remote and Freelance Workers in Torrance
Remote work is becoming increasingly popular in Torrance, with approximately 35% of the workforce engaged in remote positions.
Industries such as technology, marketing, and design are leading the way in offering remote opportunities.
Local companies like TechStyle Fashion Group are embracing remote work, providing flexibility and attracting talent from across the region.
City-specific job boards and national platforms are facilitating the search for remote positions, reflecting a growing trend in the job market.
Job Resources and Networking
Torrance offers a variety of job resources, including local job boards and career fairs, to support job seekers.
The Torrance Area Chamber of Commerce frequently hosts networking events and workshops to connect professionals.
Local platforms such as TorranceJobs.com provide targeted job listings for the area.
National platforms like Indeed, LinkedIn, and Glassdoor are also valuable resources for finding employment opportunities.
Property Prices Rankings
The Property Prices Rankings for the United States 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
Full Property Prices Rankings