Other financial specialists (Legacy)

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2017 Workforce
48.5k
Average Age
43.1
Estimated Job Growth
6.18%
10-year projection
Average Salary
$109,354
Average Male Salary
$149,997
Average Female Salary
$73,580

Employment

Information on the businesses and industries that employ Other financial specialists (Legacy) and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Other financial specialists (Legacy), both by share and by number, though the highest paid industry for Other financial specialists (Legacy), by average wage, is Savings institutions, including credit unions . Other financial specialists (Legacy) are paid most in Battery Park City, Greenwich Village & Soho PUMA, NY but are relatively concentrated in Battery Park City, Greenwich Village & Soho PUMA, NY.

Wages

Yearly Wage

$109,354
AVERAGE SALARY
± $14,618

In 2017, Other financial specialists (Legacy) earned an average of $109,354, $53,830 more than than the average national salary of $55,524.

Optometrists make somewhat more than Other financial specialists (Legacy) while Software developers, applications & systems software make somewhat less. This chart shows the various occupations closest to Other financial specialists (Legacy) as measured by average annual salary in the US.

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Wage Distribution

0.468
WAGE GINI

In 2015, Other financial specialists (Legacy) had a wage GINI coefficient of 0.468, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Other financial specialists (Legacy) (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 (Legacy).

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Spatial Concentration

PUMAs with a Relatively High Concentration of Other financial specialists (Legacy)

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Other financial specialists (Legacy).

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Industries

Most Common

The most common industries employing Other financial specialists (Legacy), by number of employees, are Banking & related activities, Colleges, universities & professional schools, including junior colleges, and Other personal services.

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Highest Paying

The highest paying industries for Other financial specialists (Legacy), by average wage, are Savings institutions, including credit unions , Insurance carriers & related activities, and Banking & related activities.

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Industries by Share

48.5k
2017 Workforce
± 5,405
−3.67%
1 YEAR GROWTH
± 16.2%

The number of people employed as Other financial specialists (Legacy) has been declining at a rate of −3.67%, from 50,332 people in 2016 to 48,485 people in 2017.

This graphic shows the share of Other financial specialists (Legacy) employed by various industries. Banking & related activities employs the largest share of Other financial specialists (Legacy) at  26.7%, followed by Colleges, universities & professional schools, including junior colleges with 14.3% and Other personal services with 13.7%.

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Diversity

Demographic information on Other financial specialists (Legacy) in the US. The average age of male Other financial specialists (Legacy) in the workforce is 42.7 and of female Other financial specialists (Legacy) is 43.6, and the most common race/ethnicity for Other financial specialists (Legacy) is White (Non-Hispanic).

Gender Composition

22.7k
MALE WORKFORCE
± 3,699
25.8k
FEMALE WORKFORCE
± 3,942

53.2% of Other financial specialists (Legacy) are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Other financial specialists (Legacy).

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Race & Ethnicity

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

65.7% of Other financial specialists (Legacy) are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 14.1% of Other financial specialists (Legacy), 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 (Legacy).

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Age by Gender

42.7
AVERAGE MALE AGE
± 2
43.6
AVERAGE FEMALE AGE
± 1.93

The median age of Other financial specialists (Legacy) is 43.1, and Male employees are generally 0.917 years younger than than their Female counterparts.

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Education

Data on higher education choices for Other financial specialists (Legacy) from The Department of Education and Census Bureau. The most common major for Other financial specialists (Legacy) is Business but a relatively high number of Other financial specialists (Legacy) hold a major in Math & Statistics.

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 Other financial specialists (Legacy) from the Bureau of Labor Statistics. Other financial specialists (Legacy) need many skills, but most especially Critical Thinking, Reading Comprehension, and Active Listening. The revealed comparative advantage (RCA) shows that Other financial specialists (Legacy) need more than the average amount of Programming, Mathematics, and Management of Financial Resources.

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Bar Chart

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Projections

Projections on job growth for Financial Specialists, All Other from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but Financial Specialists, All Other are expected to see a growth of 6.18% over the same period. This occupation is expected to grow more than the national average.

Job Growth

For growth projections, the closest comparible industry reported by the Bureau of Labor Statistics is Financial Specialists, All Other.
6.18%
Estimated Job Growth
10-year Projection
3.71%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Financial Specialists, All Other. This profession is expected to grow more than than 3.71%, the average rate of national job growth.

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