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Management Occupations (11-0000) in Torrington Labor Market Area
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Torrington LMA (1Q 2023)
All Industry
Estimated employment2,470
Mean wage$59.27
Entry wage$31.55
10th percentile wage$27.74
50th percentile wage$51.32
90th percentile wage$96.24
 Top Employing Industries
 IndustryEmployment / Percent
Educational Services37015.0%
Management of Companies and Enterprises2208.8%
Nursing and Residential Care Facilities2108.6%
Professional, Scientific, and Technical Services1004.1%
 Top Paying Industries
 IndustryEmployment / Median Wage
Management of Companies and Enterprises220$74.39
Motor Vehicle and Parts Dealers50$71.01
Professional, Scientific, and Technical Services100$65.42
Insurance Carriers and Related Activities30$64.40
Management Occupations (11-0000)
Median Wage History
YearThis OccupationCompared to Occupational GroupDifference
Current  $51.32 $51.32 $0.00
2022$50.32+2.0%$50.32+2.0%$0.00
2021$48.06+4.7%$48.06+4.7%$0.00
2020$46.99+2.3%$46.99+2.3%$0.00
2019$45.92+2.3%$45.92+2.3%$0.00
2018$44.69+2.8%$44.69+2.8%$0.00
2017$43.63+2.4%$43.63+2.4%$0.00
2016$42.39+2.9%$42.39+2.9%$0.00
2015$41.36+2.5%$41.36+2.5%$0.00
2014$40.53+2.1%$40.53+2.1%$0.00
YearThis OccupationCompared to All OccupationsDifference
Current  $51.32 $23.40 $27.92
2022$50.32+2.0%$22.62+3.4%$27.70
2021$48.06+4.7%$21.40+5.7%$26.65
2020$46.99+2.3%$20.67+3.5%$26.32
2019$45.92+2.3%$20.08+2.9%$25.84
2018$44.69+2.8%$19.50+3.0%$25.20
2017$43.63+2.4%$18.94+2.9%$24.69
2016$42.39+2.9%$18.50+2.4%$23.89
2015$41.36+2.5%$18.03+2.6%$23.33
2014$40.53+2.1%$17.65+2.2%$22.88
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 2023
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Torrington $51.32  2,470  
Highest Employment
Median Wage / Employment
Torrington $51.32  2,470  
Wages in other areas
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