Other financial specialists

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2019 Workforce
93k
Average Age
43.6
Average Salary
$111,526
Average Male Salary
$134,211
Average Female Salary
$92,022

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 Nondepository credit & related activities. Other financial specialists are paid most in Bethesda, Potomac & North Bethesda PUMA, MD but are relatively concentrated in Philadelphia City (Northwest) PUMA, PA.

Wages

Yearly Wage

$111,526
AVERAGE SALARY
± $10,541

In 2019, Other financial specialists earned an average of $111,526, $56,002 more than than the average national salary of $55,524.

Chemical engineers make somewhat more than Other financial specialists while Computer and information research scientists 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

Most Common

The most common industries employing Other financial specialists, by number of employees, are Banking & related activities, Nondepository credit & related activities, and Colleges, universities & professional schools, including junior colleges.

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Industries by Share

93k
2019 Workforce
± 7,487
71.2%
1 YEAR GROWTH
± 7.74%

The number of people employed as Other financial specialists has been growing at a rate of 71.2%, from 54,341 people in 2018 to 93,043 people in 2019.

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  26.6%, followed by Nondepository credit & related activities with 14.2% and Colleges, universities & professional schools, including junior colleges with 10.3%.

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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 42.5 and of female Other financial specialists is 44.5, and the most common race/ethnicity for Other financial specialists is White (Non-Hispanic).

Gender Composition

43k
MALE WORKFORCE
± 5,091
50k
FEMALE WORKFORCE
± 5,491

53.8% of Other financial specialists are Female, making them the more common gender in the occupation. This chart shows the gender 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)

64% of Other financial specialists are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 14.1% 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 Gender

42.5
AVERAGE MALE AGE
± 1.52
44.5
AVERAGE FEMALE AGE
± 1.35

The median age of Other financial specialists is 43.6, and Male employees are generally 2.03 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 Cultural & Gender Studies.

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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