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Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2021

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)
40,500 3.5 % $ 19.83 $ 41,250 1.0 %

Percentile wage estimates for New Accounts Clerks:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $ 14.23 $ 17.47 $ 18.19 $ 22.58 $ 24.88
Annual Wage (2) $ 29,600 $ 36,340 $ 37,840 $ 46,960 $ 51,750


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) 35,710 1.78 $ 19.53 $ 40,630
Management of Companies and Enterprises 1,880 0.07 $ 20.94 $ 43,550
Nondepository Credit Intermediation 520 0.08 $ 18.49 $ 38,450
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 510 0.05 $ 22.95 $ 47,730
Computer Systems Design and Related Services 280 0.01 $ 21.24 $ 44,180

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) 35,710 1.78 $ 19.53 $ 40,630
Nondepository Credit Intermediation 520 0.08 $ 18.49 $ 38,450
Management of Companies and Enterprises 1,880 0.07 $ 20.94 $ 43,550
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 510 0.05 $ 22.95 $ 47,730
Insurance Carriers 70 0.01 $ 22.09 $ 45,950

Top paying industries for New Accounts Clerks:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Merchant Wholesalers, Nondurable Goods (4242 and 4246 only) (8) (8) $ 37.26 $ 77,510
Agencies, Brokerages, and Other Insurance Related Activities (8) (8) $ 24.28 $ 50,500
Securities, Commodity Contracts, and Other Financial Investments and Related Activities 510 0.05 $ 22.95 $ 47,730
Insurance Carriers 70 0.01 $ 22.09 $ 45,950
Computer Systems Design and Related Services 280 0.01 $ 21.24 $ 44,180


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.



Map of employment of new accounts clerks by state, May 2021


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)
New York 4,660 0.54 1.87 $ 21.43 $ 44,570
Missouri 3,610 1.32 4.60 $ 20.54 $ 42,710
Texas 3,430 0.28 0.98 $ 18.42 $ 38,320
Michigan 2,880 0.71 2.47 $ 19.28 $ 40,110
Oregon 1,720 0.94 3.27 $ 19.32 $ 40,180


Map of location quotient of new accounts clerks by state, May 2021


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 3,610 1.32 4.60 $ 20.54 $ 42,710
Nebraska 1,040 1.08 3.76 $ 19.33 $ 40,200
Iowa 1,440 0.97 3.38 $ 18.70 $ 38,890
Wyoming 250 0.96 3.34 $ 19.39 $ 40,330
Oregon 1,720 0.94 3.27 $ 19.32 $ 40,180


Map of annual mean wages of new accounts clerks by state, May 2021


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 (8) (8) (8) $ 28.00 $ 58,230
New Jersey 440 0.12 0.40 $ 25.43 $ 52,890
Massachusetts 450 0.13 0.46 $ 24.29 $ 50,520
California 1,260 0.08 0.27 $ 23.92 $ 49,750
Connecticut 310 0.19 0.68 $ 23.39 $ 48,640



Map of employment of new accounts clerks by area, May 2021


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 3,380 0.39 1.35 $ 22.57 $ 46,950
Kansas City, MO-KS 1,340 1.32 4.60 $ 21.01 $ 43,690
St. Louis, MO-IL 1,310 1.03 3.58 $ 22.49 $ 46,780
Minneapolis-St. Paul-Bloomington, MN-WI 850 0.47 1.63 $ 20.61 $ 42,870
Portland-Vancouver-Hillsboro, OR-WA 850 0.75 2.62 $ 19.59 $ 40,750
Dallas-Fort Worth-Arlington, TX 580 0.16 0.57 $ 20.46 $ 42,550
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 550 0.21 0.72 $ 21.78 $ 45,310
Cleveland-Elyria, OH 510 0.53 1.84 $ 22.06 $ 45,890
Omaha-Council Bluffs, NE-IA 460 1.00 3.47 $ 19.77 $ 41,120
Oklahoma City, OK 450 0.75 2.60 $ 18.95 $ 39,410


Map of location quotient of new accounts clerks by area, May 2021


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)
Grants Pass, OR 60 2.06 7.16 $ 17.94 $ 37,320
Saginaw, MI 150 1.98 6.88 $ 20.31 $ 42,240
Springfield, MO 360 1.75 6.10 $ 17.21 $ 35,800
Niles-Benton Harbor, MI 80 1.47 5.12 $ 19.41 $ 40,370
Dubuque, IA 80 1.46 5.08 $ 19.09 $ 39,700
Columbia, MO 130 1.44 5.00 $ 19.64 $ 40,850
Corvallis, OR 50 1.39 4.85 $ 18.13 $ 37,710
Elmira, NY 50 1.39 4.84 $ 18.99 $ 39,490
Glens Falls, NY 70 1.37 4.76 $ 20.26 $ 42,150
Grand Island, NE 60 1.36 4.74 $ 19.93 $ 41,460


Map of annual mean wages of new accounts clerks by area, May 2021


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)
San Jose-Sunnyvale-Santa Clara, CA 70 0.06 0.21 $ 26.41 $ 54,930
San Francisco-Oakland-Hayward, CA 140 0.06 0.22 $ 26.05 $ 54,190
Sacramento--Roseville--Arden-Arcade, CA 50 0.05 0.19 $ 25.69 $ 53,440
Phoenix-Mesa-Scottsdale, AZ 80 0.04 0.12 $ 25.34 $ 52,700
Washington-Arlington-Alexandria, DC-VA-MD-WV 220 0.07 0.26 $ 24.94 $ 51,880
Hartford-West Hartford-East Hartford, CT 200 0.37 1.27 $ 24.38 $ 50,700
San Diego-Carlsbad, CA (8) (8) (8) $ 24.03 $ 49,980
Worcester, MA-CT 80 0.30 1.05 $ 23.67 $ 49,240
Baltimore-Columbia-Towson, MD (8) (8) (8) $ 23.57 $ 49,030
Boston-Cambridge-Nashua, MA-NH 310 0.12 0.42 $ 23.32 $ 48,500

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 300 0.79 2.76 $ 17.09 $ 35,540
Southeast Iowa nonmetropolitan area 270 1.30 4.53 $ 16.90 $ 35,150
Central Missouri nonmetropolitan area 270 1.75 6.09 $ 16.99 $ 35,340
Northern West Virginia nonmetropolitan area 220 1.70 5.90 $ 14.75 $ 30,670
South Nebraska nonmetropolitan area 200 1.39 4.85 $ 19.16 $ 39,850

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)
Central Missouri nonmetropolitan area 270 1.75 6.09 $ 16.99 $ 35,340
Northeast Lower Peninsula of Michigan nonmetropolitan area 120 1.70 5.92 $ 17.93 $ 37,300
Northern West Virginia nonmetropolitan area 220 1.70 5.90 $ 14.75 $ 30,670
North Missouri nonmetropolitan area 150 1.43 4.98 $ 16.83 $ 35,000
Coast Oregon nonmetropolitan area 160 1.43 4.96 $ 19.12 $ 39,770

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)
Northwest Colorado nonmetropolitan area 60 0.51 1.79 $ 22.03 $ 45,820
Central East New York nonmetropolitan area 110 0.71 2.46 $ 20.60 $ 42,840
West North Dakota nonmetropolitan area 40 0.34 1.19 $ 20.51 $ 42,670
North Northeastern Ohio nonmetropolitan area (noncontiguous) (8) (8) (8) $ 20.50 $ 42,650
Southeast Minnesota nonmetropolitan area 70 0.46 1.61 $ 20.49 $ 42,620


About May 2021 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 2021 National Occupational Employment and Wage Estimates

May 2021 State Occupational Employment and Wage Estimates

May 2021 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates

May 2021 National Industry-Specific Occupational Employment and Wage Estimates

May 2021 Occupation Profiles

Technical Notes

 

Last Modified Date: March 31, 2022