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Torrington LMA (1Q 2016)
All Industry
Estimated employment190
Mean wage$52.00
Entry wage$26.82
10th percentile wage$25.10
50th percentile wage$44.74
90th percentile wage$88.99
Top Employing Industries
 IndustryEmployment / Percent
Financial Activities6030.2%
Education and Health Services3018%
Manufacturing3013.8%
Professional and Business Services3013.7%
Leisure and Hospitality209.9%
Top Paying Industries
 IndustryEmployment / Median Wage
Leisure and Hospitality20$60.61
Education and Health Services30$60.33
Manufacturing30$57.81
Professional and Business Services30$54.44
Trade, Transportation and Utilities10$36.72
Financial Managers (11-3031)
Plan, direct, and coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.
Mean Wage History
YearThis
Occupation
Compared to
Occupational Group
Difference
Current$44.74 $42.49  $2.25
2015$43.19+3.6%$41.02 +3.6%$2.17
2014$42.17+2.4%$40.05 +2.4%$2.12
2013$41.15+2.5%$39.08 +2.5%$2.07
2012$40.48+1.7%$38.44 +1.7%$2.04
2011$39.85+1.6%$37.84 +1.6%$2.00
2010$39.00+2.2%$37.04 +2.2%$1.96
2009$38.72+.7%$36.77 +.7%$1.95
2008$37.52+3.2%$35.64 +3.2%$1.89
2007$36.29+3.4%$34.47 +3.4%$1.83
YearThis
Occupation
Compared to
All Occupations
Difference
Current$44.74 $18.42  $26.32
2015$43.19+3.6%$17.90 +2.9%$25.29
2014$42.17+2.4%$17.52 +2.2%$24.65
2013$41.15+2.5%$17.17 +2.1%$23.98
2012$40.48+1.7%$16.87 +1.7%$23.61
2011$39.85+1.6%$16.61 +1.6%$23.24
2010$39.00+2.2%$16.33 +1.7%$22.67
2009$38.72+.7%$16.11 +1.4%$22.61
2008$37.52+3.2%$15.70 +2.6%$21.83
2007$36.29+3.4%$15.20 +3.3%$21.10
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 2016
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Torrington $44.74 190
Highest Employment
Median Wage / Employment
Torrington $44.74 190
Wages in other areas
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