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Other financial clerks (Legacy)

Detailed Occupation

2017 Workforce

120k

Average Age

41.6

Estimated Job Growth

0%

10-year projection

Average Salary

$74,410

Average Male Salary

$102,876

Average Female Salary

$55,576

About

Other financial clerks (Legacy) are most often employed by the Banking & related activities industry. The average yearly wage for Other financial clerks (Legacy) was $74,410 in 2017.

The locations that employ the most Other financial clerks (Legacy) are NYC-Manhattan Community District 8--Upper East Side & Roosevelt Island PUMA, NY, NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY, and NYC-Manhattan Community District 4--Chelsea & Hell's Kitchen PUMA, NY. The locations with a relatively high concentration of Other financial clerks (Legacy) are NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY, NYC-Manhattan Community District 8--Upper East Side & Roosevelt Island PUMA, NY, and Passaic County (Central)--Hawthorne PUMA, NJ.

Photo by paul bica

Employment and salary information for the Other financial clerks (Legacy) workforce. Other financial clerks (Legacy) workforce in 2017 was 120,294 people, of which 60.2% were women and 39.8% were men.

Other financial clerks (Legacy) are paid most in Western Central PUMA, CT but are relatively concentrated in NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY.

Employment Over Time

Metric

Grouping

47,899

Male Workforce

± 5.37k

72,395

Female Workforce

± 6.6k

The Other financial clerks (Legacy) workforce in 2017 was 120,294 people (60.2% women and 39.8% men). This implies an average annual growth of 23.1% between 2014 (97,700) and 2017 (120,294).

Employment by Location

Level

Metric

This map shows the states in the United States shaded by average wage for Other financial clerks (Legacy).

During 2017, the states that concentrated the best average annual wage were New Jersey ($111,699), Connecticut ($111,184), and New York ($98,384).

Yearly Wage Ranking

$74,410

AVERAGE WAGE

#117 in the ranking (2014)

$69,878

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2017, Other financial clerks (Legacy) earned an average of $74,410, $4,533 more than the average national salary of $69,878

Wage Distribution

Gender

0.455

WAGE GINI

In 2017, Other financial clerks (Legacy) had a wage GINI coefficient of 0.455, which is lower than the national average of 0.474. In other words, wages are distributed more evenly for Other financial clerks (Legacy) (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for Other financial clerks (Legacy) compared to the entire workforce in the country.

Industry

Information on the industries that employ Other financial clerks (Legacy) and on wages for those in the field. Banking & related activities is the industry that employs the most Other financial clerks (Legacy), both by share and by number, though the highest paid industry for Other financial clerks (Legacy), by average wage, is Software publishing ($208,544).

Occupations by Industries

Metric

Value

120k

2017 Workforce

± 8,512

8.14%

1 YEAR GROWTH

± 9.44%

This graphic shows the share of Other financial clerks (Legacy) employed by various industries. Banking & related activities employs the largest share of Other financial clerks (Legacy) at 51.4%, followed by Nondepository credit & related activities with 21.4% and Securities, commodities, funds, trusts & other financial investments with 16.6%.

Diversity

Demographic information on Other financial clerks (Legacy) in the US. The workforce of Other financial clerks (Legacy) in 2017 was 120,294 people, with 60.2% woman, and 39.8% men. The average age of male Other financial clerks (Legacy) in the workforce is 39.5 and of female Other financial clerks (Legacy) is 42.9, and the most common race/ethnicity for Other financial clerks (Legacy) is White.

Gender and Age

Metric

The workforce of Other financial clerks (Legacy) in 2017 was 120,294 people, with 60.2% woman, and 39.8% men.

The age ranges that concentrated the largest workforce were 30 to 34 years (15,835 people), 40 to 44 years (15,263 people), and 25 to 29 years (15,226 people). Among them they concentrated 38.6% of the total workforce.

Ethnicity

Gender

In 2017, 11.6% of Other financial clerks (Legacy) workers were Hispanic and 88.4% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (47.4%), Puerto Rican (14.1)%, and Cuban (8.18)%

You can review this information by gender using the selectors above.

Races

In 2017, 73.6% of the Other financial clerks (Legacy) workforce were White, of which 58.6% were women and 41.4% men. Other races that concentrated a significant number of workers were Black (12.7%) and Asian (8.49%).

Education & Skills

Data on higher education choices for Other financial clerks (Legacy) from The Department of Education and Census Bureau. The most common major for Other financial clerks (Legacy) is Business but the most specialized major according to RCA in 2017 were Business.

Among the necessary skills for Other financial clerks (Legacy), N/A stands, but the revealed comparative advantage (RCA) shows that Other financial clerks (Legacy) need more than the average amount of N/A.

Majors

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

Type of Majors

Degree

The most common majors achieved by Other financial clerks (Legacy) in 2017 (counting all academic degrees) were Business (36,464 people), Social Sciences (6,053 people), and Engineering (1,962 people).

You can review this information for different academic grades by modifying the option selected in the selector above.

Education Levels

Metric

The main educational levels achieved by the Other financial clerks (Legacy) workers were Bachelors Degree (41,187 people), Some college (29,428 people), and High School or Equivalent (19,721 people).

The graphic shows the Other financial clerks (Legacy) workforce by gender and educational level.

Projections

Projections on job growth for Financial Clerks, All Other from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.48%, but Financial Clerks, All Other are expected to see a growth of 0% over the same period. This occupation is expected to grow less than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Financial Clerks, All Other.

0%

Estimated Job Growth

10-year Projection

3.48%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Other financial clerks (Legacy). This profession is expected to grow less than than 3.48%, the average rate of national job growth.

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