Financial examiners

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2019 Workforce
20k
Average Age
42.6
Estimated Job Growth
9.71%
10-year projection
Average Salary
$100,325
Average Male Salary
$103,392
Average Female Salary
$96,938

About

Financial examiners are most often employed by the Banking & related activities industry. The average yearly wage for Financial examiners was $100,325 in 2016. The top 3 most similar occupations to Financial examiners by wage are Advertising & promotions managers, Nurse practitioners & nurse midwives, and Management analysts.

The top 3 locations that employ the most Financial examiners are . The top 3 locations with a relatively high concentration of Financial examiners are .

Employment

Information on the businesses and industries that employ Financial examiners and on wages and locations for those in the field. Banking & related activities is the industry that employs the most Financial examiners, both by share and by number, though the highest paid industry for Financial examiners, by average wage, is Public finance activities. Financial examiners are paid most in Leon County (Outer) PUMA, FL but are relatively concentrated in false.

Wages

Yearly Wage

$100,325
AVERAGE SALARY
± $11,054

In 2019, Financial examiners earned an average of $100,325, $44,801 more than than the average national salary of $55,524.

Advertising & promotions managers make somewhat more than Financial examiners while Nurse practitioners & nurse midwives make somewhat less. This chart shows the various occupations closest to Financial examiners as measured by average annual salary in the US.

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Wage Distribution

0.349
WAGE GINI

In 2016, Financial examiners had a wage GINI coefficient of 0.349, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Financial examiners (shown in red) than for the overall labor force (shown in gray).

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Wage by Location

HIGHEST PAYING PUMAS

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

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Spatial Concentration

PUMAs with a Relatively High Concentration of Financial examiners

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

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Industries

Most Common

The most common industries employing Financial examiners, by number of employees, are Banking & related activities, Public finance activities, and Insurance carriers.

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Industries by Share

20k
2019 Workforce
± 3,474
51.2%
1 YEAR GROWTH
± 18.2%

The number of people employed as Financial examiners has been growing at a rate of 51.2%, from 13,247 people in 2018 to 20,029 people in 2019.

This graphic shows the share of Financial examiners employed by various industries. Banking & related activities employs the largest share of Financial examiners at  34.7%, followed by Public finance activities with 20.2% and Insurance carriers with 15.3%.

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Diversity

Demographic information on Financial examiners in the US. The average age of male Financial examiners in the workforce is 42.6 and of female Financial examiners is 42.7, and the most common race/ethnicity for Financial examiners is White (Non-Hispanic).

Gender Composition

10.5k
MALE WORKFORCE
± 2,517
9.52k
FEMALE WORKFORCE
± 2,395

52.5% of Financial examiners are Male, making them the more common gender in the occupation. This chart shows the gender breakdown of Financial examiners.

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Race & Ethnicity

Most Common Race or Ethnicity of Financial examiners
  1. White (Non-Hispanic)
  2. Black (Non-Hispanic)
  3. Asian (Non-Hispanic)

74.3% of Financial examiners are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 9.99% of Financial examiners, Black (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Financial examiners.

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Age by Gender

42.6
AVERAGE MALE AGE
± 3.16
42.7
AVERAGE FEMALE AGE
± 3.05

The median age of Financial examiners is 42.6, and Male employees are generally 0.0392 years younger than than their Female counterparts.

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Education

Data on higher education choices for Financial examiners from The Department of Education and Census Bureau. The most common major for Financial examiners is Business but a relatively high number of Financial examiners hold a major in Business.

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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Skills

Data on the critical and distinctive skills necessary for Financial examiners from the Bureau of Labor Statistics. Financial examiners need many skills, but most especially Critical Thinking, Reading Comprehension, and Monitoring. The revealed comparative advantage (RCA) shows that Financial examiners need more than the average amount of Operations Analysis, Systems Evaluation, and Mathematics.

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Bar Chart

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Growth Projections

Projections on wages and job growth for Financial examiners from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 6.85%, but Financial examiners are expected to see a growth of 9.71% over the same period. This occupation is expected to grow higher than the national average.

Job Growth

9.71%
ESTIMATED GROWTH
6.85%
NATIONAL AVERAGE

This line chart shows the 10-year projected employment growth (from 2018 to 2028) for Financial examiners. This profession is expected to grow faster than 6.85%, the average rate of national job growth.

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