Public finance activities

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Workforce

300k

2017 ACS Estimate

Average Employee Age

47.7

Estimated Job Growth

N/A%

10-Year Projection

Average Salary

$62,866

Average Male Salary

$74,682

Average Female Salary

$55,785

About

The top three occupations in the Public finance activities Industry Group are Accountants & auditors, Tax examiners & collectors, & revenue agents, Appraisers & assessors of real estate, Miscellaneous managers, and Customer service representatives. On average, full-time employees in the Public finance activities Industry Group work 41 hours per week and have an average annual salary of $65,311. Part-time employees in the same industry work 21.4 hours and earn an average annual salary of $22,621.

The locations with the highest concentration of employees in the Public finance activities Industry Group are Wood, Pleasants & Wirt Counties PUMA, WV, Rancho Cordova City PUMA, CA, and Albany County (Outside Albany City) PUMA, NY. The industry that purchases the most products or services from the Hospitals Industry Group is Public finance activities.

Workforce

A snapshot of jobs, wages, and opportunities in the Public finance activities Industry Group. Accountants & auditors are the most common position, but the Public finance activities Industry Group employs a relatively high number of Tax examiners & collectors, & revenue agents, compared to other industries. 

The highest average salary in Public finance activities goes to Economists.

Occupations

Occupations by Share

300k

Workforce (ACS Estimate)

± 13.4k

1.1%

1 Year Growth

± 6.29%

According to ACS estimates, the number of people employed in the Public finance activities Industry Group has been growing at a rate of 1.1%, , from 296k people in 2016 to 300k people in 2017.

The following graphic shows the share of employment in Public finance activities by various occupations according to ACS estimates. Accountants & auditors represent the largest share of positions held in Public finance activities at 15.1%, followed by Tax examiners & collectors, & revenue agents with 14.8% and Appraisers & assessors of real estate with 5.76%.

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Most Common

The most common occupations in the Public finance activities Industry Group, by number of employees, are Accountants & auditors, Tax examiners & collectors, & revenue agents, Appraisers & assessors of real estate, Miscellaneous managers, and Customer service representatives.

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Most Specialized

Compared to other Industry Groups, Public finance activities employs an unusually high number of Tax examiners & collectors, & revenue agents, Appraisers & assessors of real estate, and Financial examiners.

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Highest Paid

The highest paid occupations in Public finance activities, by average wage, are Economists, Information security analysts, and Computer & information systems managers.

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Wages

Average Salary

$62,866

AVERAGE WAGE

± $1,943

On average, employees in the Public finance activities Industry Group make $62,866 per year. This number makes Public finance activities the 73 highest paying Industry Group in the United States out of a total of 266 Industry Groups.

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Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Public finance activities Industry Group.

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Wage Distribution

0.332

WAGE GINI

Public finance activities has a wage GINI of 0.332, which is less than than the national average of 0.479. In other words, wages are distributed more evenly in Public finance activities (shown in red) in comparison to the national average for those wage buckets (shown in gray).

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Opportunities

Spatial Concentration

This map shows the PUMAs in the United States that have revealed comparative advantage in the Public finance activities Industry Group.

These are locations that employ more people in the Public finance activities Industry Group than expected given both the size of that location's overall labor pool and the national size of the Public finance activities Industry Group.

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Diversity

Demographic information on the Public finance activities Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $74,682 and $55,785. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

187k

FEMALE WORKFORCE

±10.6k

112k

MALE WORKFORCE

±8.22k

62.5% of workers in the Public finance activities Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Public finance activities Industry Group.

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Wage by Gender in Common Jobs

$74,682

AVERAGE MALE SALARY

±$3,678

$55,785

AVERAGE FEMALE SALARY

±$2,089

On average, Male workers in the Public finance activities Industry Group make 1.34 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Public finance activities Industry Group.

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Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

  1. Asian

  2. White

  3. Black

On average, Asian employees in the Public finance activities Industry Group earn 1.18 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Public finance activities Industry Group.

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Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Public finance activities Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Finance, insurance, real estate, rental, and leasing has the highest single input, by dollars, to the Public finance activities Industry Group, and the largest industry purchasing services from the Public finance activities Industry Group is Finance, insurance, real estate, rental, and leasing.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Public finance activities is from Public Administration.

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Intermediate Inputs

The Public finance activities Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Finance, insurance, real estate, rental, and leasing Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

The Finance, insurance, real estate, rental, and leasing Industry purchases the greatest share of products and services from the Public finance activities Industry Group in order to produce other goods and services. Purchases of the Public finance activities Industry Group for final consumption by consumers, businesses, or government are not included here.

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Projections

Growth projections of the Public finance activities Industry Group, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 8.13% in the next ten years. The Public finance activities Industry Group has a lower projected workforce growth at N/A%. Its projected 10-year growth in output (N/A%) is lower than the projected national growth in output (24.6%).

Job Growth

N/A%

ESTIMATED GROWTH

8.13%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in the number of jobs for the Public finance activities Industry Group, which is lower than the national average of 8.13%.

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Output Growth

N/A%

ESTIMATED GROWTH

24.6%

NATIONAL AVERAGE

This line chart shows the projected 10-year growth in output of the Public finance activities Industry Group, which is lower than the national average of 24.6%

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