Other financial specialists (Legacy)

Detailed Occupation

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2017 Workforce

57.2k

Average Age

43.4

Estimated Job Growth

3.14%

10-year projection

Average Salary

$95,835

Average Male Salary

$134,517

Average Female Salary

$65,084

About

Other financial specialists (Legacy) are most often employed by the Banking & related activities industry. The average yearly wage for Other financial specialists (Legacy) was $95,835 in 2017.

The locations that employ the most Other financial specialists (Legacy) are NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY, St. Johns County (Northwest) PUMA, FL, and NYC-Manhattan Community District 8--Upper East Side & Roosevelt Island PUMA, NY. The locations with a relatively high concentration of Other financial specialists (Legacy) are NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY, Miami-Dade (South/Outside Urban Development Boundary) & Monroe Counties PUMA, FL, and St. Johns County (Northwest) PUMA, FL.

Photo by paul bica

Management, business, & financial occupations Management, business, science, & arts occupations Business & financial operations occupations

Employment and salary information for the Other financial specialists (Legacy) workforce. Other financial specialists (Legacy) workforce in 2017 was 57,248 people, of which 55.7% were women and 44.3% were men.

Other financial specialists (Legacy) are paid most in NYC-Brooklyn Community District 2--Downtown Brooklyn & Fort Greene PUMA, NY but are relatively concentrated in NYC-Manhattan Community Districts 1 & 2--Financial District & Greenwich Village PUMA, NY.

Employment Over Time

Metric

Grouping

25,354

Male Workforce

± 3.91k

31,894

Female Workforce

± 4.38k

The Other financial specialists (Legacy) workforce in 2017 was 57,248 people (55.7% women and 44.3% men). This implies an average annual growth of −16.9% between 2014 (68,876) and 2017 (57,248).

Employment by Location

Level

Metric

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

During 2017, the states that concentrated the best average annual wage were New York ($174,770), New Jersey ($151,985), and District of Columbia ($150,022).

Yearly Wage Ranking

$95,835

AVERAGE WAGE

#43 in the ranking (2014)

$69,878

NATIONAL AVERAGE WAGE

For all occupations across the US

In 2017, Other financial specialists (Legacy) earned an average of $95,835, $25,957 more than the average national salary of $69,878

Wage Distribution

Gender

0.491

WAGE GINI

In 2017, Other financial specialists (Legacy) had a wage GINI coefficient of 0.491, which is higher than the national average of 0.474. In other words, wages are distributed less evenly for Other financial specialists (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 specialists (Legacy) compared to the entire workforce in the country.

Industry

Information on the industries that employ Other financial specialists (Legacy) and on wages 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 Air transportation ($264,638).

Occupations by Industries

Metric

Value

57.2k

2017 Workforce

± 5,873

−7.14%

1 YEAR GROWTH

± 15.3%

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 43%, followed by Colleges, universities & professional schools, including junior colleges with 22.7% and Other personal services with 17.9%.

Diversity

Demographic information on Other financial specialists (Legacy) in the US. The workforce of Other financial specialists (Legacy) in 2017 was 57,248 people, with 55.7% woman, and 44.3% men. The average age of male Other financial specialists (Legacy) in the workforce is 43.8 and of female Other financial specialists (Legacy) is 43.2, and the most common race/ethnicity for Other financial specialists (Legacy) is White.

Gender and Age

Metric

The workforce of Other financial specialists (Legacy) in 2017 was 57,248 people, with 55.7% woman, and 44.3% men.

The age ranges that concentrated the largest workforce were 30 to 34 years (7,589 people), 40 to 44 years (7,586 people), and 50 to 54 years (7,379 people). Among them they concentrated 39.7% of the total workforce.

Ethnicity

Gender

In 2017, 13% of Other financial specialists (Legacy) workers were Hispanic and 87% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (50.1%), Puerto Rican (25.5)%, and Spaniard (4.47)%

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

Races

In 2017, 76.7% of the Other financial specialists (Legacy) workforce were White, of which 53.5% were women and 46.5% men. Other races that concentrated a significant number of workers were Black (10.5%) and Asian (7.93%).

Education & Skills

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 the most specialized major according to RCA in 2017 were Business.

Among the necessary skills for Other financial specialists (Legacy), Critical Thinking stands, but the revealed comparative advantage (RCA) shows that Other financial specialists (Legacy) need more than the average amount of Programming.

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 specialists (Legacy) in 2017 (counting all academic degrees) were Business (16,054 people), Social Sciences (4,427 people), and Engineering (1,646 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 specialists (Legacy) workers were Bachelors Degree (22,264 people), Graduate Degree (13,522 people), and Some college (9,736 people).

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

Skills

Chart

Value

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, Active Listening.

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 3.07%, but Financial Specialists, All Other are expected to see a growth of 3.14% 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.

3.14%

Estimated Job Growth

10-year Projection

3.07%

National Growth

10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Other financial specialists (Legacy). This profession is expected to grow more than than 3.07%, the average rate of national job growth.