New accounts clerks

Detailed Occupation

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2021 Workforce
15k
Average Age
40
Estimated Job Growth
−14.7%
10-year projection
Average Salary
$51,796
Average Male Salary
$64,006
Average Female Salary
$47,835

About

New accounts clerks are most often employed by the Banking & related activities industry. The average yearly wage for New accounts clerks was $51,796 in 2021.

The locations that employ the most New accounts clerks are Wind River Reservation PUMA, WY. The locations with a relatively high concentration of New accounts clerks are Wind River Reservation PUMA, WY.

briefcaseEmployment

Employment and salary information for the New accounts clerks workforce. New accounts clerks workforce in 2021 was 15,014 people, of which 75.5% were women and 24.5% were men. New accounts clerks are paid most in Wind River Reservation PUMA, WY but are relatively concentrated in Wind River Reservation PUMA, WY.

Employment Over Time

Metric
Grouping
3,677
Male Workforce
± 1.49k
11,337
Female Workforce
± 2.61k

The New accounts clerks workforce in 2021 was 15,014 people (75.5% women and 24.5% men). This implies an average annual growth of −16.8% between 2014 (18,039) and 2021 (15,014).

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Employment by Location

Level
Metric

This map shows the states in the United States shaded by average wage for New accounts clerks.

During 2021, the states that concentrated the best average annual wage were Illinois ($81,102), North Carolina ($79,467), and Massachusetts ($73,862).

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Yearly Wage Ranking

$51,796
AVERAGE WAGE
#268 in the ranking (2021)
$59,596
NATIONAL AVERAGE WAGE
For all occupations across the US

In 2021, New accounts clerks earned an average of $51,796, $7,800 less than the average national salary of $59,596

The graph shows the ranking of New accounts clerks in relation to all Detailed Occupation in 2021.

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Wage Distribution

Gender
0.305
WAGE GINI

In 2021, New accounts clerks had a wage GINI coefficient of 0.305, which is lower than the national average of 0.478. In other words, wages are distributed more evenly for New accounts clerks (shown in red) than for the overall labor force (shown in gray).

The graphic shows the distribution of average salaries by buckets for New accounts clerks compared to the entire workforce in the country.

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rigIndustry

Information on the industries that employ New accounts clerks and on wages for those in the field. Banking & related activities is the industry that employs the most New accounts clerks, both by share and by number, though the highest paid industry for New accounts clerks, by average wage, is Securities, commodities, funds, trusts & other financial investments ($54,720).

Occupations by Industries

Metric
Value
15k
2021 Workforce
± 3,008
−1.24%
1 YEAR GROWTH
± 28.6%

This graphic shows the share of New accounts clerks employed by various industries. Banking & related activities employs the largest share of New accounts clerks at 79.4%, followed by Savings institutions, including credit unions with 16.6% and Nondepository credit & related activities with 4.01%.

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geosearchDiversity

Demographic information on New accounts clerks in the US. The workforce of New accounts clerks in 2021 was 15,014 people, with 75.5% woman, and 24.5% men. The average age of male New accounts clerks in the workforce is 38 and of female New accounts clerks is 40.7, and the most common race/ethnicity for New accounts clerks is White.

Gender and Age

Metric

The workforce of New accounts clerks in 2021 was 15,014 people, with 75.5% woman, and 24.5% men.

The age ranges that concentrated the largest workforce were 25 to 29 years (2,841 people), 35 to 39 years (2,043  people), and 30 to 34 years (1,693 people). Among them they concentrated 45.2% of the total workforce.

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Ethnicity

Gender

In 2021, 24.7% of New accounts clerks workers were Hispanic and 75.3% non-Hispanic.

The treemap shows the distribution of Hispanic workers according to their origin, highlighting Mexican (77.1%), Puerto Rican (12.8)%, and All Other Spanish/Hispanic/Latino (10.1)%

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Races

In 2021, 70.1% of the New accounts clerks workforce were White, of which 78.5% were women and 21.5% men. Other races that concentrated a significant number of workers were Black (11.5%) and Two or More Races (8.48%).

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learningEducation & Skills

Data on higher education choices for New accounts clerks from The Department of Education and Census Bureau. The most common major for New accounts clerks is Business but the most specialized major according to RCA in 2021 were Communication Technologies.

Among the necessary skills for New accounts clerks, Active Listening stands, but the revealed comparative advantage (RCA) shows that New accounts clerks need more than the average amount of Service Orientation.

Majors

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

The most common majors achieved by New accounts clerks in 2021 (counting all academic degrees) were Business (1,852 people), Social Sciences (496 people), and Psychology (236 people).

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Education Levels

Metric

The main educational levels achieved by the New accounts clerks workers were Some college (5,170 people), Bachelors Degree (3,604 people), and High School or Equivalent (2,924 people).

The graphic shows the New accounts clerks workforce by gender and educational level.

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Skills

Chart
Value

Data on the critical and distinctive skills necessary for New accounts clerks from the Bureau of Labor Statistics. New accounts clerks need many skills, but most especially Active Listening, Speaking, Reading Comprehension.

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timeline-line-chartProjections

Projections on job growth for New Accounts Clerks from the Bureau of Labor Statistics. The 10-year national workforce is projected to grow 3.71%, but New Accounts Clerks are expected to see a growth of −14.7% over the same period. This occupation is expected to grow less than the national average.

Job Growth

−14.7%
Estimated Job Growth
10-year Projection
3.71%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for New accounts clerks. This profession is expected to grow less than than 3.71%, the average rate of national job growth.

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