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Torrington LMA (1Q 2020)
All Industry
Estimated employment270
Mean wage$54.36
Entry wage$34.17
10th percentile wage$33.05
50th percentile wage$50.45
90th percentile wage$85.00
Top Employing Industries
 IndustryEmployment
Percent
Education and Health Services8029.5%
Financial Activities5019.7%
Professional and Business Services4013.6%
Manufacturing309.5%
Top Paying Industries
 IndustryEmployment
Median Wage
Education and Health Services8056.40
Manufacturing3054.72
Trade, Transportation,, and Utilities52.92
Leisure and Hospitality1051.16
Financial Managers (11-3031)
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes Financial Risk Specialists (13-2054).
Median Wage History
YearThis
Occupation		Compared to
Occupational Group		Difference
Current$50.45 $45.00  $5.45
2019$48.80+3.4%$43.53 +3.4%$5.27
2018$47.54+2.6%$42.40 +2.6%$5.14
2017$46.43+2.4%$41.41 +2.4%$5.02
2016$45.35+2.4%$40.45 +2.4%$4.90
2015$44.09+2.9%$39.33 +2.9%$4.76
2014$43.05+2.4%$38.40 +2.4%$4.65
2013$42.01+2.5%$37.47 +2.5%$4.54
2012$41.32+1.7%$36.86 +1.7%$4.46
2011$40.68+1.6%$36.28 +1.6%$4.39
YearThis
Occupation		Compared to
All Occupations		Difference
Current$50.45 $21.09  $29.36
2019$48.80+3.4%$20.23 +4.2%$28.56
2018$47.54+2.6%$19.62 +3.1%$27.92
2017$46.43+2.4%$19.09 +2.8%$27.33
2016$45.35+2.4%$18.66 +2.3%$26.69
2015$44.09+2.9%$18.27 +2.1%$25.82
2014$43.05+2.4%$17.88 +2.2%$25.17
2013$42.01+2.5%$17.51 +2.1%$24.49
2012$41.32+1.7%$17.21 +1.7%$24.11
2011$40.68+1.6%$16.94 +1.6%$23.73
Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2020
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Torrington $50.45270
Highest Employment
Median Wage / Employment
Torrington $50.45270
Wages in other areas
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