Other financial specialists

Detailed Occupation

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2020 Workforce
70k
Average Age
43
Average Salary
$111,445
Average Male Salary
$144,313
Average Female Salary
$81,037

Employment

Information on the businesses and industries that employ Other financial specialists and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Other financial specialists, both by share and by number, though the highest paid industry for Other financial specialists, by average wage, is Offices of physicians. Other financial specialists are paid most in Norwalk, Westport & Darien Towns PUMA, CT but are relatively concentrated in Carolina Municipio (Norte) PUMA, PR.

Wages

Yearly Wage

$111,445
AVERAGE SALARY
± $12,100

In 2020, Other financial specialists earned an average of $111,445, $55,491 more than than the average national salary of $55,954.

Physician assistants make somewhat more than Other financial specialists while Astronomers & physicists make somewhat less. This chart shows the various occupations closest to Other financial specialists as measured by average annual salary in the US.

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Wage Distribution

0.493
WAGE GINI

In 2019, Other financial specialists had a wage GINI coefficient of 0.493, which is higher than than the national average of 0.478. In other words, wages are distributed less evenly for Other financial specialists (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 Other financial specialists.

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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 Other financial specialists.

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Industries

Highest Paying

The highest paying industries for Other financial specialists, by average wage, are Offices of physicians, Internet publishing, broadcasting & web search portals, and Clothing stores.

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Industries by Share

70k
2020 Workforce
± 6,494
12.3%
1 YEAR GROWTH
± 12%

The number of people employed as Other financial specialists has been growing at a rate of 12.3%, from 62,355 people in 2019 to 70,005 people in 2020.

This graphic shows the share of Other financial specialists employed by various industries. Banking & related activities employs the largest share of Other financial specialists at  24.5%, followed by Nondepository credit & related activities with 12.5% and Colleges, universities & professional schools, including junior colleges with 11.1%.

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Diversity

Demographic information on Other financial specialists in the US. The average age of male Other financial specialists in the workforce is 42.6 and of female Other financial specialists is 43.4, and the most common race/ethnicity for Other financial specialists is White (Non-Hispanic).

Composition by Sex

33.6k
MALE WORKFORCE
± 4,503
36.4k
FEMALE WORKFORCE
± 4,681

51.9% of Other financial specialists are Female, making them the more common sex in the occupation. This chart shows the sex breakdown of Other financial specialists.

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Race & Ethnicity

Most Common Race or Ethnicity of Other financial specialists
  1. White (Non-Hispanic)
  2. Black (Non-Hispanic)
  3. Asian (Non-Hispanic)

62.3% of Other financial specialists are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 12.2% of Other financial specialists, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Other financial specialists.

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Age by Sex

42.6
AVERAGE MALE AGE
± 1.66
43.4
AVERAGE FEMALE AGE
± 1.6

The median age of Other financial specialists is 43, and Male employees are generally 0.858 years younger than than their Female counterparts.

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Education

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