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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2017

13-0000 Business and Financial Operations Occupations (Major Group)

This major group comprises the following occupations: Agents and Business Managers of Artists, Performers, and Athletes ; Buyers and Purchasing Agents ; Claims Adjusters, Examiners, and Investigators ; Insurance Appraisers, Auto Damage ; Compliance Officers ; Cost Estimators ; Human Resources Specialists ; Farm Labor Contractors ; Labor Relations Specialists ; Logisticians ; 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 ; Appraisers and Assessors of Real Estate ; Budget Analysts ; Credit Analysts ; Financial Analysts ; Personal Financial Advisors ; Insurance Underwriters ; Financial Examiners ; Credit Counselors ; Loan Officers ; Tax Examiners and Collectors, and Revenue Agents ; Tax Preparers ; Financial Specialists, All Other


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this major group:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
7,472,750 0.2 % $36.70 $76,330 0.2 %

Percentile wage estimates for this major group:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.12 $24.25 $32.55 $44.22 $59.13
Annual Wage (2) $37,690 $50,450 $67,710 $91,970 $123,000


Industry profile for this occupation: Top

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

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Management of Companies and Enterprises 524,530 22.55 $38.29 $79,650
Federal Executive Branch (OES Designation) 509,120 25.14 $40.74 $84,750
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 445,110 47.54 $37.54 $78,090
Management, Scientific, and Technical Consulting Services 410,370 29.98 $41.93 $87,200
Credit Intermediation and Related Activities (5221 And 5223 only) 405,170 20.36 $38.47 $80,020

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 445,110 47.54 $37.54 $78,090
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 13,090 46.05 $44.07 $91,660
Insurance and Employee Benefit Funds 1,600 36.19 $37.09 $77,140
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 321,670 35.11 $57.38 $119,340
Monetary Authorities-Central Bank 5,780 32.07 $45.12 $93,840

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 321,670 35.11 $57.38 $119,340
Other Investment Pools and Funds 2,260 31.63 $46.21 $96,120
Pipeline Transportation of Crude Oil 1,380 11.41 $45.92 $95,510
Monetary Authorities-Central Bank 5,780 32.07 $45.12 $93,840
Software Publishers 46,120 12.56 $45.04 $93,680


Geographic profile for this occupation: Top

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





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California 978,370 58.60 1.12 $40.14 $83,500
Texas 575,030 48.36 0.92 $37.61 $78,240
New York 543,880 59.07 1.13 $45.52 $94,680
Florida 445,980 52.97 1.01 $32.98 $68,610
Illinois 328,610 55.44 1.06 $35.83 $74,530




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 104,090 146.97 2.80 $46.70 $97,130
Colorado 178,980 70.04 1.34 $37.16 $77,290
Virginia 265,210 69.98 1.33 $40.47 $84,180
Washington 203,780 63.95 1.22 $38.03 $79,090
Delaware 27,680 62.52 1.19 $37.28 $77,540




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
District of Columbia 104,090 146.97 2.80 $46.70 $97,130
New York 543,880 59.07 1.13 $45.52 $94,680
New Jersey 233,820 58.34 1.11 $40.84 $84,950
Massachusetts 201,220 57.04 1.09 $40.55 $84,340
Connecticut 90,370 54.63 1.04 $40.53 $84,300



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Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 457,470 68.34 1.30 $48.43 $100,730
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 258,250 102.51 1.96 $45.48 $94,590
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 253,570 57.23 1.09 $38.99 $81,090
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 224,220 61.22 1.17 $36.72 $76,370
Atlanta-Sandy Springs-Roswell, GA 171,160 65.34 1.25 $36.12 $75,130
Dallas-Plano-Irving, TX Metropolitan Division 155,730 62.50 1.19 $39.12 $81,360
Houston-The Woodlands-Sugar Land, TX 152,260 51.98 0.99 $41.32 $85,950
Seattle-Bellevue-Everett, WA Metropolitan Division 135,080 82.00 1.56 $40.62 $84,480
Boston-Cambridge-Newton, MA NECTA Division 133,800 72.73 1.39 $42.49 $88,380
Minneapolis-St. Paul-Bloomington, MN-WI 131,100 67.85 1.29 $35.97 $74,820


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Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
California-Lexington Park, MD 5,450 119.87 2.29 $47.20 $98,180
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 258,250 102.51 1.96 $45.48 $94,590
Bloomington, IL 8,910 100.13 1.91 $34.49 $71,730
Tallahassee, FL 16,770 99.43 1.90 $25.25 $52,530
Trenton, NJ 22,710 98.99 1.89 $39.04 $81,200
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 108,740 97.40 1.86 $48.84 $101,590
Warner Robins, GA 6,570 94.45 1.80 $35.51 $73,870
Springfield, IL 9,620 90.14 1.72 $32.10 $66,760
Denver-Aurora-Lakewood, CO 120,260 83.33 1.59 $38.05 $79,150
Seattle-Bellevue-Everett, WA Metropolitan Division 135,080 82.00 1.56 $40.62 $84,480


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Top paying metropolitan areas for this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 108,740 97.40 1.86 $48.84 $101,590
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 457,470 68.34 1.30 $48.43 $100,730
San Jose-Sunnyvale-Santa Clara, CA 79,880 73.35 1.40 $48.23 $100,310
California-Lexington Park, MD 5,450 119.87 2.29 $47.20 $98,180
San Rafael, CA Metropolitan Division 7,200 62.69 1.20 $46.61 $96,950
Bridgeport-Stamford-Norwalk, CT 29,190 70.22 1.34 $46.49 $96,700
Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division 258,250 102.51 1.96 $45.48 $94,590
Oakland-Hayward-Berkeley, CA Metropolitan Division 69,560 61.11 1.17 $43.04 $89,530
Newark, NJ-PA Metropolitan Division 74,870 64.16 1.22 $42.95 $89,330
Boston-Cambridge-Newton, MA NECTA Division 133,800 72.73 1.39 $42.49 $88,380

Nonmetropolitan areas with the highest employment in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
West Northwestern Ohio nonmetropolitan area 8,510 33.65 0.64 $30.02 $62,430
North Northeastern Ohio non-metropolitan area (non-contiguous) 8,320 25.08 0.48 $28.24 $58,740
Balance of Lower Peninsula of Michigan nonmetropolitan area 7,860 28.26 0.54 $29.57 $61,500
Northeastern Wisconsin nonmetropolitan area 7,560 37.54 0.72 $26.77 $55,670
Central Kentucky nonmetropolitan area 7,290 41.00 0.78 $26.59 $55,300

Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Los Alamos County, New Mexico nonmetropolitan area 1,420 88.28 1.68 $46.12 $95,920
Northern Vermont nonmetropolitan area 3,990 57.20 1.09 $30.27 $62,950
Southwest Montana nonmetropolitan area 7,220 53.45 1.02 $30.05 $62,500
Northeast Virginia nonmetropolitan area 2,590 52.27 1.00 $38.22 $79,490
Central New Hampshire nonmetropolitan area 4,650 47.99 0.92 $32.30 $67,180

Top paying nonmetropolitan areas for this occupation:

Nonmetropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Los Alamos County, New Mexico nonmetropolitan area 1,420 88.28 1.68 $46.12 $95,920
Balance of Alaska nonmetropolitan area 1,900 26.66 0.51 $38.84 $80,790
Northeast Virginia nonmetropolitan area 2,590 52.27 1.00 $38.22 $79,490
Southeast Alaska nonmetropolitan area 1,630 46.46 0.89 $37.75 $78,530
Southwest Wyoming nonmetropolitan area 1,520 25.37 0.48 $37.33 $77,640


About May 2017 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 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.

(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 OES estimates and related information:

May 2017 National Occupational Employment and Wage Estimates

May 2017 State Occupational Employment and Wage Estimates

May 2017 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2017 National Industry-Specific Occupational Employment and Wage Estimates

May 2017 Occupation Profiles

Technical Notes

 

Last Modified Date: March 30, 2018