Public finance activities

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Workforce
305k
2019 ACS Estimate
Average Employee Age
47.4
Average Salary
$66,596
Average Male Salary
$77,410
Average Female Salary
$60,620

About

The top three occupations in the Public finance activities Industry Group are Tax examiners & collectors, & revenue agents, Accountants & auditors, Property appraisers and assessors, Financial managers, and Other managers. On average, full-time employees in the Public finance activities Industry Group work 41 hours per week and have an average annual salary of $69,118. Part-time employees in the same industry work 21.2 hours and earn an average annual salary of $24,498.

The locations with the highest concentration of employees in the Public finance activities Industry Group are Roy, North Ogden, Ogden (Northwest) & West Haven Cities PUMA, UT, Troy City PUMA, NY, and Saratoga County (South & Central) 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. Tax examiners & collectors, & revenue agents 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 Private detectives & investigators.

Monthly Employment

Showing data for the Government industry sector.
Start Year
Y-Axis
-4.68%
Year-over-year decline
Employment change between November 2019 and November 2020

As of November 2020, there are 22.6M people employed in the Government industry. This represents a -4.68% decrease in employment when compared to November 2019.

This chart shows monthly employment numbers for Government over time (non-seasonally adjusted).

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Occupations

Occupations by Share

305k
Workforce (ACS Estimate)
± 13.6k
9.11%
1 Year Growth
± 5.88%

According to ACS estimates, the number of people employed in the Public finance activities Industry Group has been growing at a rate of 9.11%, , from 280k people in 2018 to 305k people in 2019.

The following graphic shows the share of employment in Public finance activities by various occupations according to ACS estimates. Tax examiners & collectors, & revenue agents represent the largest share of positions held in Public finance activities at 16.1%, followed by Accountants & auditors with 10.4% and Property appraisers and assessors with 7.75%.

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Most Common

The most common occupations in the Public finance activities Industry Group, by number of employees, are Tax examiners & collectors, & revenue agents, Accountants & auditors, Property appraisers and assessors, Financial managers, and Other managers.

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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, Property appraisers and assessors, and Financial examiners.

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Wages

Average Salary

$66,596
AVERAGE WAGE
± $2,021

On average, employees in the Public finance activities Industry Group make $66,596 per year. This number makes Public finance activities the 74 highest paying Industry Group in the United States out of a total of 269 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

0.337
WAGE GINI

Public finance activities has a wage GINI of 0.337, which is less than than the national average of 0.478. 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 $77,410 and $60,620. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

197k
FEMALE WORKFORCE
±10.9k
109k
MALE WORKFORCE
±8.09k

64.4% 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

$77,410
AVERAGE MALE SALARY
±$3,690
$60,620
AVERAGE FEMALE SALARY
±$2,320

On average, Male workers in the Public finance activities Industry Group make 1.28 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. Two or More Races
  3. White

On average, Asian employees in the Public finance activities Industry Group earn 1.23 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 closest comparable data for Public finance activities is from Public Administration.

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

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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