Other financial clerks

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2019 Workforce

118k

Average Age

41.6

Average Salary

$72,417

Average Male Salary

$99,653

Average Female Salary

$55,429

About

Other financial clerks are most often employed by the Banking & related activities industry. The average yearly wage for Other financial clerks was $72,417 in 2016. The top 3 most similar occupations to Other financial clerks by wage are Miscellaneous plant & system operators, Miscellaneous social scientists, including survey researchers & sociologists, and Facilities managers.

Other financial clerks are part of the Office & Administrative Support Occupations, along with Firstline supervisors of office & administrative support workers, Switchboard operators, including answering service, Telephone operators, Communications equipment operators, all other, Bill & account collectors, and 45 more.

The top 3 locations that employ the most Other financial clerks are Billerica, Andover, Tewksbury & Wilmington Towns PUMA, MA and Henderson (East) & Boulder Cities PUMA, NV. The top 3 locations with a relatively high concentration of Other financial clerks are Billerica, Andover, Tewksbury & Wilmington Towns PUMA, MA and Henderson (East) & Boulder Cities PUMA, NV.

Sales & Office Occupations Office & Administrative Support Occupations

Information on the businesses and industries that employ Other financial clerks and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Other financial clerks, both by share and by number, though the highest paid industry for Other financial clerks, by average wage, is Wired telecommunications carriers. Other financial clerks are paid most in Fulton County (Central)Atlanta City (North) PUMA, GA but are relatively concentrated in Billerica, Andover, Tewksbury & Wilmington Towns PUMA, MA.

Wages

Yearly Wage

$72,417

AVERAGE SALARY

± $6,273

In 2019, Other financial clerks earned an average of $72,417, $16,893 more than than the average national salary of $55,524.

Miscellaneous social scientists, including survey researchers & sociologists make somewhat more than Other financial clerks while Miscellaneous plant & system operators make somewhat less. This chart shows the various occupations closest to Other financial clerks as measured by average annual salary in the US.

Wage Distribution

0.473

WAGE GINI

In 2019, Other financial clerks had a wage GINI coefficient of 0.473, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Other financial clerks (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Other financial clerks.

Spatial Concentration

PUMAs with a Relatively High Concentration of Other financial clerks

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Other financial clerks.

Industries

Most Common

The most common industries employing Other financial clerks, by number of employees, are Banking & related activities, Nondepository credit & related activities, Amusement & Recreation, Securities, commodities, funds, trusts & other financial investments, Car Dealers, Savings institutions, including credit unions , General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Insurance carriers, Colleges, universities & professional schools, including junior colleges, Computer Systems Design, and Traveler accommodation.

Highest Paying

The highest paying industries for Other financial clerks, by average wage, are Wired telecommunications carriers, Medical equipment & supplies manufacturing, and Securities, commodities, funds, trusts & other financial investments.

Industries by Share

118k

2019 Workforce

± 8,437

−32.3%

1 YEAR GROWTH

± 13.7%

The number of people employed as Other financial clerks has been declining at a rate of −32.3%, from 174,551 people in 2018 to 118,187 people in 2019.

This graphic shows the share of Other financial clerks employed by various industries. Banking & related activities employs the largest share of Other financial clerks at 17.4%, followed by Nondepository credit & related activities with 11.1% and Amusement & Recreation with 9.88%.

Diversity

Demographic information on Other financial clerks in the US. The average age of male Other financial clerks in the workforce is 38.9 and of female Other financial clerks is 43.3, and the most common race/ethnicity for Other financial clerks is White (Non-Hispanic).

Composition by Sex

45.4k

MALE WORKFORCE

± 5,230

72.8k

FEMALE WORKFORCE

± 6,622

61.6% of Other financial clerks are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Other financial clerks.

Race & Ethnicity

Most Common Race or Ethnicity of Other financial clerks

White (Non-Hispanic)
Black (Non-Hispanic)
Asian (Non-Hispanic)

64.2% of Other financial clerks are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 12.8% of Other financial clerks, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Other financial clerks.

Age by Sex

38.9

AVERAGE MALE AGE

± 1.56

43.3

AVERAGE FEMALE AGE

± 1.19

The median age of Other financial clerks is 41.6, and Male employees are generally 4.45 years younger than than their Female counterparts.

Education

Data on higher education choices for Other financial clerks from The Department of Education and Census Bureau. The most common major for Other financial clerks is Business but a relatively high number of Other financial clerks hold a major in Business.