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Torrington LMA (1Q 2017)
All Industry
Estimated employment260
Mean wage$48.65
Entry wage$27.04
10th percentile wage$24.58
50th percentile wage$41.88
90th percentile wage$76.07
Top Employing Industries
 IndustryEmployment / Percent
Financial Activities7028.7%
Education and Health Services5018.2%
Manufacturing4014.6%
Professional and Business Services4013.7%
Top Paying Industries
 IndustryEmployment / Median Wage
Education and Health Services5054.79
Professional and Business Services4052.68
Manufacturing4052.46
Trade, Transportation and Utilities3036.05
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.
Median Wage History
YearThis
Occupation		Compared to
Occupational Group		Difference
Current$41.88 $43.04  -$1.16
2016$40.69+2.9%$41.81 +2.9%-$1.12
2015$39.56+2.9%$40.65 +2.9%-$1.09
2014$38.62+2.4%$39.69 +2.4%-$1.06
2013$37.69+2.5%$38.73 +2.5%-$1.04
2012$37.08+1.7%$38.10 +1.7%-$1.02
2011$36.50+1.6%$37.51 +1.6%-$1.01
2010$35.72+2.2%$36.71 +2.2%-$0.98
2009$35.46+.7%$36.45 +.7%-$0.98
2008$34.37+3.2%$35.32 +3.2%-$0.95
YearThis
Occupation		Compared to
All Occupations		Difference
Current$41.88 $18.89  $22.99
2016$40.69+2.9%$18.29 +3.3%$22.40
2015$39.56+2.9%$17.90 +2.1%$21.66
2014$38.62+2.4%$17.52 +2.2%$21.10
2013$37.69+2.5%$17.17 +2.1%$20.52
2012$37.08+1.7%$16.87 +1.7%$20.20
2011$36.50+1.6%$16.61 +1.6%$19.89
2010$35.72+2.2%$16.33 +1.7%$19.39
2009$35.46+.7%$16.11 +1.4%$19.36
2008$34.37+3.2%$15.70 +2.6%$18.67
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 2017
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Torrington$41.88260
Highest Employment
Median Wage / Employment
Torrington$41.88260
Wages in other areas
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