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Occupational Employment and Wage Statistics

Occupational Employment and Wages, May 2019

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 ; Project Management Specialists and Business Operations Specialists, All Other ; Accountants and Auditors ; Property Appraisers and Assessors ; Budget Analysts ; Credit Analysts ; Personal Financial Advisors ; Insurance Underwriters ; Financial Examiners ; Credit Counselors ; Loan Officers ; Tax Examiners and Collectors, and Revenue Agents ; Tax Preparers ; Financial and Investment Analysts, Financial Risk Specialists, and Financial Specialists, All Other


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

National estimates for this occupation:

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)
8,183,750 0.2 % $37.56 $78,130 0.2 %

Percentile wage estimates for this major group:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.76 $25.06 $33.57 $45.61 $60.60
Annual Wage (2) $39,020 $52,130 $69,820 $94,870 $126,040


Industry profile for this occupation:

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 561,850 22.80 $39.09 $81,310
Federal Executive Branch (OES Designation) 519,510 25.86 $41.81 $86,970
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 466,890 47.73 $38.68 $80,450
Management, Scientific, and Technical Consulting Services 462,760 31.03 $42.21 $87,790
Credit Intermediation and Related Activities (5221 And 5223 only) 459,800 22.48 $38.83 $80,770

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 14,620 50.56 $47.32 $98,430
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 466,890 47.73 $38.68 $80,450
Insurance and Employee Benefit Funds 2,780 45.45 $38.89 $80,890
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 346,970 36.89 $56.49 $117,500
Other Investment Pools and Funds 3,150 32.84 $53.40 $111,080

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 346,970 36.89 $56.49 $117,500
Other Investment Pools and Funds 3,150 32.84 $53.40 $111,080
Monetary Authorities-Central Bank 6,240 32.69 $49.36 $102,660
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures 14,620 50.56 $47.32 $98,430
Software Publishers 57,420 13.30 $46.89 $97,540


Geographic profile for this occupation:

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 1,052,970 60.58 1.09 $40.31 $83,840
Texas 643,140 51.74 0.93 $37.38 $77,760
New York 611,820 64.25 1.15 $46.22 $96,150
Florida 500,640 56.93 1.02 $33.03 $68,700
Illinois 343,380 56.99 1.02 $37.22 $77,420




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 109,420 151.24 2.71 $48.22 $100,310
Colorado 207,380 77.42 1.39 $39.11 $81,340
Virginia 283,820 73.17 1.31 $41.37 $86,060
Washington 225,940 68.08 1.22 $40.09 $83,400
Maryland 176,770 65.45 1.17 $40.07 $83,330




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 109,420 151.24 2.71 $48.22 $100,310
New York 611,820 64.25 1.15 $46.22 $96,150
New Jersey 251,600 61.55 1.10 $42.30 $87,980
Massachusetts 220,430 60.90 1.09 $42.25 $87,880
Connecticut 94,570 56.79 1.02 $41.48 $86,280





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-Newark-Jersey City, NY-NJ-PA 664,160 68.79 1.23 $47.79 $99,400
Los Angeles-Long Beach-Anaheim, CA 390,730 62.62 1.12 $39.41 $81,970
Washington-Arlington-Alexandria, DC-VA-MD-WV 323,820 101.85 1.83 $46.13 $95,950
Chicago-Naperville-Elgin, IL-IN-WI 282,660 60.44 1.08 $38.05 $79,150
Dallas-Fort Worth-Arlington, TX 232,060 63.46 1.14 $38.70 $80,490
San Francisco-Oakland-Hayward, CA 195,700 79.16 1.42 $46.64 $97,010
Atlanta-Sandy Springs-Roswell, GA 192,130 70.03 1.26 $37.37 $77,730
Boston-Cambridge-Nashua, MA-NH 191,310 68.37 1.23 $43.35 $90,160
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 180,680 62.82 1.13 $39.88 $82,940
Seattle-Tacoma-Bellevue, WA 164,710 81.50 1.46 $42.51 $88,430




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 6,500 136.40 2.45 $49.54 $103,050
Tallahassee, FL 18,600 106.46 1.91 $26.93 $56,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 323,820 101.85 1.83 $46.13 $95,950
Trenton, NJ 24,340 101.33 1.82 $40.45 $84,140
Boulder, CO 17,100 92.01 1.65 $41.97 $87,300
Warner Robins, GA 6,700 91.49 1.64 $36.85 $76,650
Denver-Aurora-Lakewood, CO 138,430 91.47 1.64 $40.40 $84,040
Springfield, IL 9,170 87.72 1.57 $35.54 $73,910
Seattle-Tacoma-Bellevue, WA 164,710 81.50 1.46 $42.51 $88,430
Des Moines-West Des Moines, IA 29,890 80.40 1.44 $35.14 $73,090




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)
California-Lexington Park, MD 6,500 136.40 2.45 $49.54 $103,050
Bridgeport-Stamford-Norwalk, CT 30,830 74.48 1.34 $48.10 $100,050
New York-Newark-Jersey City, NY-NJ-PA 664,160 68.79 1.23 $47.79 $99,400
San Jose-Sunnyvale-Santa Clara, CA 86,390 75.73 1.36 $46.75 $97,250
San Francisco-Oakland-Hayward, CA 195,700 79.16 1.42 $46.64 $97,010
Washington-Arlington-Alexandria, DC-VA-MD-WV 323,820 101.85 1.83 $46.13 $95,950
Boston-Cambridge-Nashua, MA-NH 191,310 68.37 1.23 $43.35 $90,160
Seattle-Tacoma-Bellevue, WA 164,710 81.50 1.46 $42.51 $88,430
Boulder, CO 17,100 92.01 1.65 $41.97 $87,300
Huntsville, AL 17,210 73.87 1.33 $41.59 $86,500

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)
Kansas nonmetropolitan area 12,880 32.69 0.59 $28.43 $59,140
West Northwestern Ohio nonmetropolitan area 9,470 36.88 0.66 $31.10 $64,690
North Northeastern Ohio non-metropolitan area (non-contiguous) 9,000 26.94 0.48 $29.56 $61,490
Balance of Lower Peninsula of Michigan nonmetropolitan area 8,490 31.07 0.56 $31.11 $64,700
Southwest Montana nonmetropolitan area 8,200 58.67 1.05 $29.85 $62,090

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)
Southwest Montana nonmetropolitan area 8,200 58.67 1.05 $29.85 $62,090
Northern Vermont nonmetropolitan area 4,000 55.75 1.00 $33.12 $68,890
Northeast Virginia nonmetropolitan area 2,520 51.22 0.92 $39.66 $82,480
Central New Hampshire nonmetropolitan area 4,780 49.46 0.89 $33.33 $69,330
Northern New Mexico nonmetropolitan area 3,760 47.32 0.85 (8) (8)

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)
Northeast Virginia nonmetropolitan area 2,520 51.22 0.92 $39.66 $82,480
Alaska nonmetropolitan area 3,380 31.14 0.56 $37.63 $78,270
Connecticut nonmetropolitan area 740 22.84 0.41 $35.19 $73,190
Western Wyoming nonmetropolitan area 3,120 31.27 0.56 $35.18 $73,170
Massachusetts nonmetropolitan area 1,840 30.33 0.54 $35.09 $72,990


About May 2019 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.

(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 OES estimates and related information:

May 2019 National Occupational Employment and Wage Estimates

May 2019 State Occupational Employment and Wage Estimates

May 2019 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2019 National Industry-Specific Occupational Employment and Wage Estimates

May 2019 Occupation Profiles

Technical Notes

 

Last Modified Date: July 6, 2020