New accounts clerks

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Total Workforce

16k

Average Age

39.1

Estimated Job Growth

-6.19%

10-year projection

Average Salary

$51,639

Average Male Salary

$69,774

Average Female Salary

$45,577

About

New accounts clerks are most often employed by the Banking & related activities industry. The average yearly wage for New accounts clerks was $51,639 in 2016. The top 3 most similar occupations to New accounts clerks by wage are Statistical assistants, Paralegals & legal assistants, and Probation officers & correctional treatment specialists.

New accounts 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, Billing & posting clerks, Bookkeeping, accounting, & auditing clerks, Gaming cage workers, Payroll & timekeeping clerks, Procurement clerks, Tellers, Other financial clerks, Brokerage clerks, Court, municipal, & license clerks, Credit authorizers, checkers, & clerks, Customer service representatives, Eligibility interviewers, government programs, File clerks, Hotel, motel, & resort desk clerks, Interviewers, except eligibility & loan, Library assistants, clerical, Loan interviewers & clerks, New accounts clerks, Human resources assistants, except payroll & timekeeping, Receptionists & information clerks, Reservation & transportation ticket agents & travel clerks, Information & record clerks, all other, Correspondence clerks & order clerks, Cargo & freight agents, Couriers & messengers, Dispatchers, Meter readers, utilities, Postal service clerks, Postal service mail carriers, Postal service mail sorters, processors, & processing machine operators, Production, planning, & expediting clerks, Shipping, receiving, & traffic clerks, Stock clerks & order fillers, Weighers, measurers, checkers, & samplers, recordkeeping, Secretaries & administrative assistants, Computer operators, Data entry keyers, Word processors & typists, Insurance claims & policy processing clerks, Mail clerks & mail machine operators, except postal service, Office clerks, general, Office machine operators, except computer, Proofreaders & copy markers, Statistical assistants, and Miscellaneous office & administrative support workers, including desktop publishers

The top 3 locations that employ the most New accounts clerks are . The top 3 locations with a relatively high concentration of New accounts clerks are .

Employment

Information on the businesses and industries that employ New accounts clerks and on wages and locations for those in the field. Banking & related activities is the industry that employs the most New accounts clerks, both by share and by number, though the highest paid industry for New accounts clerks, by average wage, is Banking & related activities. New accounts clerks are paid most in false but are relatively concentrated in false.

Wages

Yearly Wage

$51,639

AVERAGE SALARY

± $7,588

In 2017, New accounts clerks earned an average of $51,639, $426 less than than the average national salary of $52,065.

Statistical assistants make somewhat more than New accounts clerks while Probation officers & correctional treatment specialists make somewhat less. This chart shows the various occupations closest to New accounts clerks as measured by average annual salary in the US.

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Wage Distribution

0.197

WAGE GINI

In 2016, New accounts clerks had a wage GINI coefficient of 0.197, which is lower than than the national average of 0.479. In other words, wages are distributed more evenly for New accounts clerks (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

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

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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 New accounts clerks.

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Industries

Most Common

The most common industries employing New accounts clerks, by number of employees, are Banking & related activities and Savings institutions, including credit unions .

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Highest Paying

The highest paying industries for New accounts clerks, by average wage, are Banking & related activities and Savings institutions, including credit unions .

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Industries by Share

16k

2017 Workforce

± 3,104

18%

1 YEAR GROWTH

± 24.3%

The number of people employed as New accounts clerks has been growing at a rate of 18%, from 13,546 people in 2016 to 15,991 people in 2017.

This graphic shows the share of New accounts clerks employed by various industries. Banking & related activities employs the largest share of New accounts clerks at  78.9%, followed by Savings institutions, including credit unions  with 7.04% and false with 0%.

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Diversity

Demographic information on New accounts clerks in the US. The average age of male New accounts clerks in the workforce is 38.9 and of female New accounts clerks is 39.2, and the most common race/ethnicity for New accounts clerks is White.

Gender Composition

4.01k

MALE WORKFORCE

± 1,554

12k

FEMALE WORKFORCE

± 2,688

74.9% of New accounts clerks are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of New accounts clerks.

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Race & Ethnicity

Most Common Race or Ethnicity of New accounts clerks

  1. White

  2. Black

  3. Other

87.2% of New accounts clerks are White, making that the most common race or ethnicity in the occupation. Representing 9.23% of New accounts clerks, Black is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of New accounts clerks.

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Age by Gender

38.9

AVERAGE MALE AGE

± 5.07

39.2

AVERAGE FEMALE AGE

± 2.96

The median age of New accounts clerks is 39.1, and Male employees are generally 0.323 years younger than than their Female counterparts.

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Education

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

MOST COMMON MAJORS

  1. false

  2. false

MOST SPECIALIZED MAJORS

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Skills

Data on the critical and distinctive skills necessary for New accounts clerks from the Bureau of Labor Statistics. New accounts clerks need many skills, but most especially Speaking, Active Listening, and Reading Comprehension. The revealed comparative advantage (RCA) shows that New accounts clerks need more than the average amount of Service Orientation, Mathematics, and Active Listening.

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Bar Chart

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Growth Projections

Projections on wages and job growth for New accounts clerks from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but New accounts clerks are expected to see a growth of -6.19% over the same period. This occupation is expected to grow slower than the national average.

Job Growth

-6.19%

ESTIMATED GROWTH

7.4%

NATIONAL AVERAGE

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

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