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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2020

43-4141 New Accounts Clerks

Interview persons desiring to open accounts in financial institutions. Explain account services available to prospective customers and assist them in preparing applications.


National estimates for New Accounts Clerks
Industry profile for New Accounts Clerks
Geographic profile for New Accounts Clerks

National estimates for New Accounts Clerks:

Employment estimate and mean wage estimates for New Accounts Clerks:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
45,250 3.3 % $ 19.17 $ 39,870 2.1 %

Percentile wage estimates for New Accounts Clerks:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 13.23 $ 15.47 $ 18.15 $ 21.85 $ 25.22
Annual Wage (2) $ 27,520 $ 32,170 $ 37,750 $ 45,450 $ 52,450


Industry profile for New Accounts Clerks:

Industries with the highest published employment and wages for New Accounts Clerks are provided. For a list of all industries with employment in New Accounts Clerks, see the Create Customized Tables function.

Industries with the highest levels of employment in New Accounts Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only) 40,040 1.97 $ 19.12 $ 39,780
Management of Companies and Enterprises 2,290 0.09 $ 18.82 $ 39,150
Agencies, Brokerages, and Other Insurance Related Activities 1,030 0.09 $ 19.56 $ 40,670
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 890 0.09 $ 22.14 $ 46,050
Nondepository Credit Intermediation 390 0.07 $ 18.56 $ 38,600

Industries with the highest concentration of employment in New Accounts Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Credit Intermediation and Related Activities (5221 and 5223 only) 40,040 1.97 $ 19.12 $ 39,780
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 890 0.09 $ 22.14 $ 46,050
Agencies, Brokerages, and Other Insurance Related Activities 1,030 0.09 $ 19.56 $ 40,670
Management of Companies and Enterprises 2,290 0.09 $ 18.82 $ 39,150
Nondepository Credit Intermediation 390 0.07 $ 18.56 $ 38,600

Top paying industries for New Accounts Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 890 0.09 $ 22.14 $ 46,050
Insurance Carriers (8) (8) $ 20.44 $ 42,520
Agencies, Brokerages, and Other Insurance Related Activities 1,030 0.09 $ 19.56 $ 40,670
Credit Intermediation and Related Activities (5221 and 5223 only) 40,040 1.97 $ 19.12 $ 39,780
Management of Companies and Enterprises 2,290 0.09 $ 18.82 $ 39,150


Geographic profile for New Accounts Clerks:

States and areas with the highest published employment, location quotients, and wages for New Accounts Clerks are provided. For a list of all areas with employment in New Accounts Clerks, see the Create Customized Tables function.





States with the highest employment level in New Accounts Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Texas 7,600 0.63 1.93 $ 17.49 $ 36,380
Missouri 3,400 1.26 3.88 $ 17.10 $ 35,560
California 3,060 0.19 0.57 (8) (8)
New York 2,670 0.31 0.95 $ 19.98 $ 41,550
Michigan 1,940 0.49 1.52 $ 18.19 $ 37,840




States with the highest concentration of jobs and location quotients in New Accounts Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Missouri 3,400 1.26 3.88 $ 17.10 $ 35,560
Kansas 1,380 1.03 3.17 $ 17.08 $ 35,530
Oklahoma 1,590 1.02 3.13 $ 15.85 $ 32,960
Wyoming 240 0.90 2.77 $ 18.12 $ 37,690
Iowa 1,330 0.90 2.77 $ 19.61 $ 40,790




Top paying states for New Accounts Clerks:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 70 0.10 0.29 $ 25.40 $ 52,840
Massachusetts 950 0.28 0.87 $ 22.84 $ 47,500
New Jersey 1,330 0.35 1.08 $ 22.02 $ 45,800
North Dakota 250 0.62 1.91 $ 21.88 $ 45,510
Connecticut 300 0.19 0.59 $ 21.30 $ 44,310





Metropolitan areas with the highest employment level in New Accounts Clerks:

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 2,820 0.32 0.98 $ 21.05 $ 43,770
Dallas-Fort Worth-Arlington, TX 2,020 0.56 1.73 $ 18.51 $ 38,490
St. Louis, MO-IL 1,770 1.36 4.18 $ 18.33 $ 38,130
Chicago-Naperville-Elgin, IL-IN-WI 1,220 0.28 0.86 $ 18.58 $ 38,650
Houston-The Woodlands-Sugar Land, TX 1,220 0.41 1.26 $ 17.46 $ 36,320
Nashville-Davidson--Murfreesboro--Franklin, TN 1,220 1.26 3.88 $ 18.22 $ 37,890
Los Angeles-Long Beach-Anaheim, CA 1,170 0.20 0.62 (8) (8)
Kansas City, MO-KS 820 0.80 2.45 $ 17.49 $ 36,380
Boston-Cambridge-Nashua, MA-NH 760 0.29 0.90 $ 22.72 $ 47,260
Oklahoma City, OK 730 1.20 3.68 $ 16.82 $ 34,990




Metropolitan areas with the highest concentration of jobs and location quotients in New Accounts Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
San Angelo, TX 110 2.32 7.14 $ 15.93 $ 33,140
Victoria, TX 80 2.12 6.50 $ 16.76 $ 34,860
Jackson, MI 90 1.99 6.13 $ 16.25 $ 33,800
Lawrence, KS 80 1.83 5.63 $ 17.59 $ 36,600
Tyler, TX 180 1.79 5.49 $ 19.71 $ 41,000
St. Joseph, MO-KS 90 1.78 5.46 $ 14.25 $ 29,630
Columbia, MO 160 1.77 5.44 $ 16.22 $ 33,740
Lawton, OK 70 1.66 5.11 $ 13.64 $ 28,380
Longview, TX 140 1.55 4.78 $ 16.08 $ 33,450
Grants Pass, OR 40 1.49 4.59 $ 18.24 $ 37,930




Top paying metropolitan areas for New Accounts Clerks:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bismarck, ND 50 0.70 2.15 $ 25.96 $ 54,000
Bakersfield, CA 60 0.20 0.62 $ 24.80 $ 51,590
San Jose-Sunnyvale-Santa Clara, CA 110 0.10 0.30 $ 23.91 $ 49,720
Sacramento--Roseville--Arden-Arcade, CA 90 0.09 0.29 $ 23.03 $ 47,900
Boston-Cambridge-Nashua, MA-NH 760 0.29 0.90 $ 22.72 $ 47,260
Oshkosh-Neenah, WI 50 0.57 1.76 $ 22.57 $ 46,940
San Francisco-Oakland-Hayward, CA (8) (8) (8) $ 22.29 $ 46,360
Providence-Warwick, RI-MA 80 0.15 0.46 $ 22.16 $ 46,100
Lansing-East Lansing, MI 130 0.64 1.97 $ 22.06 $ 45,880
Flint, MI 100 0.80 2.46 $ 21.94 $ 45,630

Nonmetropolitan areas with the highest employment in New Accounts Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Kansas nonmetropolitan area 340 0.90 2.78 $ 16.52 $ 34,350
South Nebraska nonmetropolitan area 310 2.13 6.55 $ 16.83 $ 35,000
West Texas Region of Texas nonmetropolitan area 280 1.45 4.46 $ 14.88 $ 30,950
Southeast Oklahoma nonmetropolitan area 250 1.52 4.68 $ 13.54 $ 28,160
Hill Country Region of Texas nonmetropolitan area 250 1.28 3.93 $ 17.11 $ 35,600

Nonmetropolitan areas with the highest concentration of jobs and location quotients in New Accounts Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
North Missouri nonmetropolitan area 240 2.28 7.01 $ 14.70 $ 30,580
South Nebraska nonmetropolitan area 310 2.13 6.55 $ 16.83 $ 35,000
Southwest Oklahoma nonmetropolitan area 110 1.88 5.79 $ 15.27 $ 31,770
Southwest Iowa nonmetropolitan area 140 1.82 5.61 $ 18.40 $ 38,270
Big Thicket Region of Texas nonmetropolitan area 180 1.71 5.25 $ 16.09 $ 33,470

Top paying nonmetropolitan areas for New Accounts Clerks:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
North Valley-Northern Mountains Region of California nonmetropolitan area 50 0.52 1.60 $ 24.16 $ 50,250
Northern Indiana nonmetropolitan area (8) (8) (8) $ 22.96 $ 47,760
Southeast Minnesota nonmetropolitan area 50 0.37 1.12 $ 21.85 $ 45,440
Northeast Minnesota nonmetropolitan area 40 0.90 2.76 $ 21.71 $ 45,160
Southwest Minnesota nonmetropolitan area 110 0.97 2.99 $ 21.55 $ 44,820


About May 2020 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates

These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia. The top employment and wage figures are provided above. The complete list is available in the downloadable XLS files.

The percentile wage estimate is the value of a wage below which a certain percent of workers fall. The median wage is the 50th percentile wage estimate—50 percent of workers earn less than the median and 50 percent of workers earn more than the median. More about percentile wages.


(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.

(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours; for those occupations where there is not an hourly wage published, the annual wage has been directly calculated from the reported survey data.

(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.

(8) Estimate not released.

(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration. A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.


Other OEWS estimates and related information:

May 2020 National Occupational Employment and Wage Estimates

May 2020 State Occupational Employment and Wage Estimates

May 2020 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2020 National Industry-Specific Occupational Employment and Wage Estimates

May 2020 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2021