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:
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 areas with the highest concentration of jobs and location quotients in New Accounts Clerks:
Top paying nonmetropolitan areas for New Accounts Clerks:
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
United States Department of Labor
