Financial examiners

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Total Workforce

13.7k

Average Age

43.9

Estimated Job Growth

9.71%

10-year projection

Average Salary

$98,237

Average Male Salary

$98,547

Average Female Salary

$97,835

About

Financial examiners are most often employed by the Banking & related activities industry. The average yearly wage for Financial examiners was $98,237 in 2016. The top 3 most similar occupations to Financial examiners by wage are Management analysts, Miscellaneous engineers, including nuclear engineers, and Firstline supervisors of fire fighting & prevention workers.

Financial examiners are part of the Business & financial operations occupations, along with Agents & business managers of artists, performers, & athletes, Buyers & purchasing agents, farm products, Wholesale & retail buyers, except farm products, Purchasing agents, except wholesale, retail, & farm products, Claims adjusters, appraisers, examiners, & investigators, Compliance officers, Cost estimators, Human resources workers, Logisticians, Management analysts, Meeting, convention, & event planners, Fundraisers, Compensation, benefits, & job analysis specialists, Training & development specialists, Market research analysts & marketing specialists, Business operations specialists, all other, Accountants & auditors, Appraisers & assessors of real estate, Budget analysts, Credit analysts, Financial analysts, Personal financial advisors, Insurance underwriters, Financial examiners, Credit counselors & loan officers, Tax examiners & collectors, & revenue agents, Tax preparers, and Other financial specialists

The top 3 locations that employ the most Financial examiners are . The top 3 locations with a relatively high concentration of Financial examiners are .

Employment

Information on the businesses and industries that employ Financial examiners and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Financial examiners, both by share and by number, though the highest paid industry for Financial examiners, by average wage, is Banking & related activities. Financial examiners are paid most in Leon County (Outer) PUMA, FL but are relatively concentrated in false.

Wages

Yearly Wage

$98,237

AVERAGE SALARY

± $14,977

In 2017, Financial examiners earned an average of $98,237, $46,173 more than than the average national salary of $52,065.

Management analysts make somewhat more than Financial examiners while Firstline supervisors of fire fighting & prevention workers make somewhat less. This chart shows the various occupations closest to Financial examiners as measured by average annual salary in the US.

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Wage Distribution

0.33

WAGE GINI

In 2017, Financial examiners had a wage GINI coefficient of 0.33, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for Financial examiners (shown in red) than for the overall labor force (shown in gray).

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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 Financial examiners.

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Spatial Concentration

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

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Industries

Most Common

The most common industries employing Financial examiners, by number of employees, are Banking & related activities, Insurance carriers & related activities, and Public finance activities.

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Highest Paying

The highest paying industries for Financial examiners, by average wage, are Banking & related activities, Public finance activities, and Insurance carriers & related activities.

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Industries by Share

13.7k

2017 Workforce

± 2,876

-9.26%

1 YEAR GROWTH

± 31.9%

The number of people employed as Financial examiners has been declining at a rate of -9.26%, from 15,120 people in 2016 to 13,720 people in 2017.

This graphic shows the share of Financial examiners employed by various industries. Banking & related activities employs the largest share of Financial examiners at  28.1%, followed by Insurance carriers & related activities with 25.5% and Public finance activities with 19.6%.

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Diversity

Demographic information on Financial examiners in the US. The average age of male Financial examiners in the workforce is 45.1 and of female Financial examiners is 42.3, and the most common race/ethnicity for Financial examiners is White.

Gender Composition

7.76k

MALE WORKFORCE

± 2,162

5.97k

FEMALE WORKFORCE

± 1,896

56.5% of Financial examiners are Male, making them the more common gender in the occupation. This chart shows the gender breakdown of Financial examiners.

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Race & Ethnicity

Most Common Race or Ethnicity of Financial examiners

  1. White

  2. Black

  3. Asian

81.8% of Financial examiners are White, making that the most common race or ethnicity in the occupation. Representing 14.2% of Financial examiners, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Financial examiners.

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Age by Gender

45.1

AVERAGE MALE AGE

± 3.61

42.3

AVERAGE FEMALE AGE

± 3.74

The median age of Financial examiners is 43.9, and Male employees are generally 2.87 years older than than their Female counterparts.

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Education

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

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

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Skills

Data on the critical and distinctive skills necessary for Financial examiners from the Bureau of Labor Statistics. Financial examiners need many skills, but most especially Critical Thinking, Reading Comprehension, and Active Listening. The revealed comparative advantage (RCA) shows that Financial examiners need more than the average amount of Operations Analysis, Management of Personnel Resources, and Programming.

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Bar Chart

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Growth Projections

Projections on wages and job growth for Financial examiners from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Financial examiners are expected to see a growth of 9.71% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

9.71%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2016 to 2026) for Financial examiners. This profession is expected to grow faster than 7.4%, the average rate of national job growth.

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