Top Industries in Torrington
Torrington is home to a range of industries that are key drivers of the city's economy. Some of the top industries in Torrington include:
Manufacturing
Manufacturing remains a cornerstone of Torrington's economy, with a focus on precision engineering and metal fabrication.
Range: $50-$90k
Growth rate: 5%
Healthcare
The healthcare sector in Torrington is expanding, driven by an aging population and increased demand for medical services.
Range: $60-$120k
Growth rate: 7%
Education
Education is a vital sector in Torrington, with opportunities in both public and private institutions.
Range: $40-$80k
Growth rate: 4%
Retail
Retail continues to be a significant employer in Torrington, with a mix of local businesses and national chains.
Range: $30-$60k
Growth rate: 3%
Some job openings:Target is hiring: Store Manager, Sales Associate
Walmart is hiring: Customer Service Manager, Stock Clerk
Technology
The technology sector in Torrington is emerging, with startups focusing on software development and IT services.
Range: $70-$150k
Growth rate: 10%
Employment Trends and Growth Rates
Torrington is witnessing a steady increase in job opportunities, particularly in the healthcare and technology sectors.
The city's job growth rate is projected to be around 6% annually, driven by local economic initiatives and business expansions.
Income inequality remains a concern, with efforts underway to address disparities through education and workforce development programs.
Job turnover rates are moderate, with a noticeable shift towards more stable employment in healthcare and tech industries.
Job Market for Remote and Freelance Workers in Torrington
Remote work is gaining traction in Torrington, with approximately 30% of the workforce engaged in remote roles.
The technology and marketing sectors are leading the demand for remote positions, offering flexibility and competitive salaries.
Local companies like Torrington Tech Solutions are increasingly offering remote work options to attract top talent.
City-specific job boards and networking events are facilitating connections for remote job seekers.
Job Resources and Networking
Torrington offers a variety of job resources, including local job boards and career fairs.
The Torrington Career Center provides workshops and job placement services to assist job seekers.
Local platforms such as TorringtonJobs.com offer listings for regional opportunities.
Entrepreneurial hubs and incubators are available for those interested in starting their own businesses.
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