Other financial specialists

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Total Workforce

54.3k

Average Age

42.9

Average Salary

$113,497

Average Male Salary

$152,773

Average Female Salary

$75,209

About

Other financial specialists are most often employed by the Banking & related activities industry. The average yearly wage for Other financial specialists was $113,497 in 2016. The top 3 most similar occupations to Other financial specialists by wage are Software developers, Computer hardware engineers, and Magnetic resonance imaging technologists.

The top 3 locations that employ the most Other financial specialists are Bethesda, Potomac & North Bethesda PUMA, MD. The top 3 locations with a relatively high concentration of Other financial specialists are Bethesda, Potomac & North Bethesda PUMA, MD.

Employment

Information on the businesses and industries that employ Other financial specialists and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Other financial specialists, both by share and by number, though the highest paid industry for Other financial specialists, by average wage, is Clothing stores. Other financial specialists are paid most in Bethesda, Potomac & North Bethesda PUMA, MD but are relatively concentrated in Bethesda, Potomac & North Bethesda PUMA, MD.

Wages

Yearly Wage

$113,497

AVERAGE SALARY

± $14,269

In 2018, Other financial specialists earned an average of $113,497, $59,608 more than than the average national salary of $53,888.

Software developers make somewhat more than Other financial specialists while Computer hardware engineers make somewhat less. This chart shows the various occupations closest to Other financial specialists as measured by average annual salary in the US.

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Wage Distribution

0.503

WAGE GINI

In 2018, Other financial specialists had a wage GINI coefficient of 0.503, which is higher than than the national average of 0.479. In other words, wages are distributed less evenly for Other financial specialists (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Other financial specialists.

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Spatial Concentration

PUMAs with a Relatively High Concentration of Other financial specialists

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Other financial specialists.

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Industries

Most Common

The most common industries employing Other financial specialists, by number of employees, are Banking & related activities, Nondepository credit & related activities, and Colleges, universities & professional schools, including junior colleges.

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Highest Paying

The highest paying industries for Other financial specialists, by average wage, are Clothing stores, Computer Systems Design, and Securities, commodities, funds, trusts & other financial investments.

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Industries by Share

54.3k

2018 Workforce

± 5,722

This graphic shows the share of Other financial specialists employed by various industries. Banking & related activities employs the largest share of Other financial specialists at  27%, followed by Nondepository credit & related activities with 11.4% and Colleges, universities & professional schools, including junior colleges with 10.4%.

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Diversity

Demographic information on Other financial specialists in the US. The average age of male Other financial specialists in the workforce is 42.5 and of female Other financial specialists is 43.3, and the most common race/ethnicity for Other financial specialists is White (Non-Hispanic).

Gender Composition

26.8k

MALE WORKFORCE

± 4,021

27.5k

FEMALE WORKFORCE

± 4,072

50.6% of Other financial specialists are Female, making them the more common gender in the occupation. This chart shows the gender breakdown of Other financial specialists.

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Race & Ethnicity

Most Common Race or Ethnicity of Other financial specialists

  1. White (Non-Hispanic)

  2. Black (Non-Hispanic)

  3. White (Hispanic)

61.5% of Other financial specialists are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 12.9% of Other financial specialists, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Other financial specialists.

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Age by Gender

42.5

AVERAGE MALE AGE

± 1.96

43.3

AVERAGE FEMALE AGE

± 1.79

The median age of Other financial specialists is 42.9, and Male employees are generally 0.884 years younger than than their Female counterparts.

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Education

Data on higher education choices for Other financial specialists from The Department of Education and Census Bureau. The most common major for Other financial specialists is Business but a relatively high number of Other financial specialists hold a major in Math & Statistics.

Majors

ACS PUMS data only shows the major for bachelor's degrees. However, we can filter the data based on highest degree obtained.

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