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Torrington LMA (1Q 2018)
All Industry
Estimated employment280
Mean wage$50.02
Entry wage$28.68
10th percentile wage$26.07
50th percentile wage$40.26
90th percentile wage$82.50
Top Employing Industries
 IndustryEmployment / Percent
Financial Activities8028.7%
Education and Health Services5017.8%
Professional and Business Services5015.9%
Manufacturing3011.5%
Top Paying Industries
 IndustryEmployment / Median Wage
Professional and Business Services50$53.04
Education and Health Services50$51.06
Manufacturing30$50.63
Trade, Transportation,, and Utilities30$40.65
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$40.26 $42.67 -$2.41
2017$39.84+1.1%$42.22+1.1%-$2.38
2016$38.90+2.4%$41.23+2.4%-$2.32
2015$38.00+2.4%$40.28+2.4%-$2.27
2014$36.95+2.9%$39.16+2.9%-$2.21
2013$36.07+2.4%$38.23+2.4%-$2.15
2012$35.20+2.5%$37.31+2.5%-$2.10
2011$34.63+1.7%$36.70+1.7%-$2.07
2010$34.09+1.6%$36.13+1.6%-$2.04
2009$33.36+2.2%$35.36+2.2%-$1.99
YearThis
Occupation
Compared to
All Occupations
Difference
Current$40.26 $19.72 $20.54
2017$39.84+1.1%$19.51+1.1%$20.33
2016$38.90+2.4%$18.99+2.8%$19.92
2015$38.00+2.4%$18.55+2.3%$19.45
2014$36.95+2.9%$18.17+2.1%$18.78
2013$36.07+2.4%$17.78+2.2%$18.30
2012$35.20+2.5%$17.42+2.1%$17.78
2011$34.63+1.7%$17.12+1.7%$17.51
2010$34.09+1.6%$16.85+1.6%$17.24
2009$33.36+2.2%$16.57+1.7%$16.80
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 2018
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Torrington$40.26280
Highest Employment
Median Wage / Employment
Torrington$40.26280
Wages in other areas
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