Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2023
13-0000 Business and Financial Operations Occupations (Major Group)
Business and Financial Operations Occupations comprises the following occupations:
Agents and Business Managers of Artists, Performers, and Athletes;
Buyers and Purchasing Agents;
Insurance Appraisers, Auto Damage;
Claims Adjusters, Examiners, and Investigators;
Compliance Officers;
Cost Estimators;
Farm Labor Contractors;
Labor Relations Specialists;
Human Resources Specialists;
Logisticians;
Project Management Specialists;
Management Analysts;
Meeting, Convention, and Event Planners;
Fundraisers;
Compensation, Benefits, and Job Analysis Specialists;
Training and Development Specialists;
Market Research Analysts and Marketing Specialists;
Business Operations Specialists, All Other;
Accountants and Auditors;
Property Appraisers and Assessors;
Budget Analysts;
Credit Analysts;
Financial Risk Specialists;
Insurance Underwriters;
Personal Financial Advisors;
Financial and Investment Analysts;
Financial Examiners;
Credit Counselors;
Loan Officers;
Tax Examiners and Collectors, and Revenue Agents;
Tax Preparers;
Financial Specialists, All Other
National estimates for Business and Financial Operations Occupations
Industry profile for Business and Financial Operations Occupations
Geographic profile for Business and Financial Operations Occupations
National estimates for Business and Financial Operations Occupations:
Employment estimate and mean wage estimates for Business and Financial Operations Occupations:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 10,087,830 |
0.6 % |
$ 43.55 |
$ 90,580 |
0.3 % |
Percentile wage estimates for Business and Financial Operations Occupations:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$ 21.86 |
$ 28.65 |
$ 38.00 |
$ 50.66 |
$ 67.55 |
| Annual Wage (2) |
$ 45,480 |
$ 59,590 |
$ 79,050 |
$ 105,360 |
$ 140,490 |
Industry profile for Business and Financial Operations Occupations:
Industries with the highest published employment and wages for Business and Financial Operations Occupations are provided.
For a list of all industries with employment in Business and Financial Operations Occupations, see the Create Customized Tables function.
Industries with the highest levels of employment in Business and Financial Operations Occupations:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Management of Companies and Enterprises |
654,180 |
23.61 |
$ 46.34 |
$ 96,380 |
| Management, Scientific, and Technical Consulting Services |
612,250 |
33.12 |
$ 49.49 |
$ 102,930 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) |
576,950 |
26.98 |
$ 47.33 |
$ 98,440 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
520,820 |
47.31 |
$ 43.62 |
$ 90,730 |
| Credit Intermediation and Related Activities (5221 and 5223 only) |
497,360 |
24.38 |
$ 44.52 |
$ 92,590 |
Industries with the highest concentration of employment in Business and Financial Operations Occupations:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
520,820 |
47.31 |
$ 43.62 |
$ 90,730 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures |
12,960 |
41.67 |
$ 61.27 |
$ 127,440 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
422,410 |
39.70 |
$ 69.08 |
$ 143,690 |
| Insurance and Employee Benefit Funds |
4,080 |
35.62 |
$ 39.53 |
$ 82,220 |
| Other Investment Pools and Funds |
6,390 |
34.41 |
$ 56.98 |
$ 118,510 |
Top paying industries for Business and Financial Operations Occupations:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
422,410 |
39.70 |
$ 69.08 |
$ 143,690 |
| Web Search Portals, Libraries, Archives, and Other Information Services |
21,590 |
11.71 |
$ 68.24 |
$ 141,930 |
| Other Professional, Scientific, and Technical Services |
78,120 |
9.12 |
$ 68.02 |
$ 141,480 |
| Computer and Peripheral Equipment Manufacturing |
19,980 |
12.40 |
$ 61.70 |
$ 128,340 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures |
12,960 |
41.67 |
$ 61.27 |
$ 127,440 |
Geographic profile for Business and Financial Operations Occupations:
States and areas with the highest published employment, location quotients, and wages for Business and Financial Operations Occupations are provided.
For a list of all areas with employment in Business and Financial Operations Occupations, see the Create Customized Tables function.
States with the highest employment level in Business and Financial Operations Occupations:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| California |
1,210,190 |
67.44 |
1.02 |
$ 48.75 |
$ 101,390 |
| Texas |
838,580 |
61.85 |
0.93 |
$ 40.24 |
$ 83,710 |
| New York |
710,180 |
75.61 |
1.14 |
$ 53.43 |
$ 111,140 |
| Florida |
681,820 |
71.26 |
1.07 |
$ 40.39 |
$ 84,010 |
| Illinois |
390,300 |
64.92 |
0.98 |
$ 43.73 |
$ 90,950 |
States with the highest concentration of jobs and location quotients in Business and Financial Operations Occupations:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| District of Columbia |
113,680 |
161.97 |
2.44 |
$ 52.97 |
$ 110,180 |
| Virginia |
385,000 |
96.71 |
1.46 |
$ 51.94 |
$ 108,030 |
| Colorado |
257,400 |
90.89 |
1.37 |
$ 44.72 |
$ 93,010 |
| Maryland |
225,210 |
84.11 |
1.27 |
$ 47.20 |
$ 98,170 |
| Delaware |
38,530 |
82.11 |
1.24 |
$ 45.55 |
$ 94,750 |
Top paying states for Business and Financial Operations Occupations:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York |
710,180 |
75.61 |
1.14 |
$ 53.43 |
$ 111,140 |
| District of Columbia |
113,680 |
161.97 |
2.44 |
$ 52.97 |
$ 110,180 |
| Virginia |
385,000 |
96.71 |
1.46 |
$ 51.94 |
$ 108,030 |
| New Jersey |
281,180 |
66.91 |
1.01 |
$ 50.52 |
$ 105,080 |
| Massachusetts |
283,580 |
77.83 |
1.17 |
$ 48.93 |
$ 101,770 |
Metropolitan areas with the highest employment level in Business and Financial Operations Occupations:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York-Newark-Jersey City, NY-NJ-PA |
725,930 |
76.45 |
1.15 |
$ 56.04 |
$ 116,570 |
| Los Angeles-Long Beach-Anaheim, CA |
421,590 |
68.16 |
1.03 |
$ 46.38 |
$ 96,460 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
384,770 |
124.44 |
1.87 |
$ 56.24 |
$ 116,970 |
| Chicago-Naperville-Elgin, IL-IN-WI |
301,800 |
66.97 |
1.01 |
$ 45.29 |
$ 94,190 |
| Dallas-Fort Worth-Arlington, TX |
286,320 |
72.18 |
1.09 |
$ 41.98 |
$ 87,310 |
| Atlanta-Sandy Springs-Roswell, GA |
257,700 |
91.46 |
1.38 |
$ 43.10 |
$ 89,650 |
| Boston-Cambridge-Nashua, MA-NH |
234,750 |
85.00 |
1.28 |
$ 50.11 |
$ 104,240 |
| San Francisco-Oakland-Hayward, CA |
211,250 |
87.22 |
1.31 |
$ 58.62 |
$ 121,920 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
198,480 |
70.15 |
1.06 |
$ 44.41 |
$ 92,370 |
| Seattle-Tacoma-Bellevue, WA |
197,190 |
94.84 |
1.43 |
$ 50.96 |
$ 106,000 |
Metropolitan areas with the highest concentration of jobs and location quotients in Business and Financial Operations Occupations:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| California-Lexington Park, MD |
8,120 |
171.89 |
2.59 |
$ 55.49 |
$ 115,420 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
384,770 |
124.44 |
1.87 |
$ 56.24 |
$ 116,970 |
| Tallahassee, FL |
20,350 |
112.42 |
1.69 |
$ 28.71 |
$ 59,710 |
| Warner Robins, GA |
8,480 |
110.38 |
1.66 |
$ 40.89 |
$ 85,050 |
| Olympia-Tumwater, WA |
12,910 |
104.95 |
1.58 |
$ 37.89 |
$ 78,820 |
| Denver-Aurora-Lakewood, CO |
164,250 |
103.28 |
1.55 |
$ 46.04 |
$ 95,760 |
| Trenton, NJ |
24,350 |
102.10 |
1.54 |
$ 45.58 |
$ 94,810 |
| Boulder, CO |
19,760 |
101.64 |
1.53 |
$ 49.09 |
$ 102,100 |
| Seattle-Tacoma-Bellevue, WA |
197,190 |
94.84 |
1.43 |
$ 50.96 |
$ 106,000 |
| Atlanta-Sandy Springs-Roswell, GA |
257,700 |
91.46 |
1.38 |
$ 43.10 |
$ 89,650 |
United States Department of Labor
