Occupational Employment and Wage Statistics
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Occupational Employment and Wages, May 2018
13-0000 Business and Financial Operations Occupations (Major Group)
This major group comprises the following occupations:
Agents and Business Managers of Artists, Performers, and Athletes ;
Claims Adjusters, Examiners, and Investigators ;
Insurance Appraisers, Auto Damage ;
Compliance Officers ;
Cost Estimators ;
Human Resources Specialists ;
Farm Labor Contractors ;
Labor Relations Specialists ;
Logisticians ;
Management Analysts ;
Meeting, Convention, and Event Planners ;
Fundraisers ;
Compensation, Benefits, and Job Analysis Specialists ;
Training and Development Specialists ;
Market Research Analysts and Marketing Specialists ;
Business Operations Specialists, All Other ;
Accountants and Auditors ;
Appraisers and Assessors of Real Estate ;
Budget Analysts ;
Credit Analysts ;
Financial Analysts ;
Personal Financial Advisors ;
Insurance Underwriters ;
Financial Examiners ;
Credit Counselors ;
Loan Officers ;
Tax Examiners and Collectors, and Revenue Agents ;
Tax Preparers ;
Financial Specialists, All Other
National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation
National estimates for this occupation: Top
Employment estimate and mean wage estimates for this major group:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 7,721,300 |
0.3 % |
$36.98 |
$76,910 |
0.2 % |
Percentile wage estimates for this major group:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$18.33 |
$24.53 |
$32.86 |
$44.65 |
$59.44 |
| Annual Wage (2) |
$38,130 |
$51,020 |
$68,350 |
$92,870 |
$123,640 |
Industry profile for this occupation: Top
Industries with the highest published employment and wages for this occupation are provided.
For a list of all industries with employment in this occupation, see the Create Customized Tables function.
Industries with the highest levels of employment in this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Management of Companies and Enterprises |
535,310 |
22.56 |
$38.59 |
$80,270 |
| Federal Executive Branch (OES Designation) |
507,160 |
25.29 |
$41.64 |
$86,600 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
455,780 |
47.50 |
$38.02 |
$79,070 |
| Management, Scientific, and Technical Consulting Services |
440,670 |
30.55 |
$41.92 |
$87,190 |
| Credit Intermediation and Related Activities (5221 And 5223 only) |
421,660 |
20.99 |
$38.12 |
$79,280 |
Industries with the highest concentration of employment in this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
455,780 |
47.50 |
$38.02 |
$79,070 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures |
12,620 |
45.91 |
$43.95 |
$91,420 |
| Insurance and Employee Benefit Funds |
2,270 |
41.25 |
$38.37 |
$79,800 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
331,160 |
35.57 |
$57.02 |
$118,590 |
| Monetary Authorities-Central Bank |
5,870 |
31.90 |
$47.72 |
$99,250 |
Top paying industries for this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities |
331,160 |
35.57 |
$57.02 |
$118,590 |
| Monetary Authorities-Central Bank |
5,870 |
31.90 |
$47.72 |
$99,250 |
| Pipeline Transportation of Crude Oil |
1,210 |
11.27 |
$46.88 |
$97,510 |
| Software Publishers |
52,630 |
13.36 |
$45.69 |
$95,040 |
| Natural Gas Distribution |
14,310 |
13.10 |
$44.69 |
$92,950 |
Geographic profile for this occupation: Top
States and areas with the highest published employment, location quotients, and wages for this occupation are provided.
For a list of all areas with employment in this occupation, see the Create Customized Tables function.
States with the highest employment level in this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| California |
1,021,960 |
60.09 |
1.13 |
$40.05 |
$83,310 |
| Texas |
595,260 |
49.14 |
0.92 |
$37.25 |
$77,480 |
| New York |
571,050 |
60.84 |
1.14 |
$45.55 |
$94,740 |
| Florida |
460,150 |
53.45 |
1.00 |
$32.96 |
$68,560 |
| Illinois |
335,360 |
55.98 |
1.05 |
$36.35 |
$75,600 |
States with the highest concentration of jobs and location quotients in this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| District of Columbia |
104,720 |
147.01 |
2.76 |
$47.43 |
$98,650 |
| Colorado |
190,330 |
72.63 |
1.36 |
$37.87 |
$78,780 |
| Virginia |
274,770 |
71.69 |
1.34 |
$40.92 |
$85,110 |
| Washington |
217,510 |
66.74 |
1.25 |
$38.73 |
$80,560 |
| Delaware |
28,070 |
62.58 |
1.17 |
$37.91 |
$78,850 |
Top paying States for this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| District of Columbia |
104,720 |
147.01 |
2.76 |
$47.43 |
$98,650 |
| New York |
571,050 |
60.84 |
1.14 |
$45.55 |
$94,740 |
| Massachusetts |
205,570 |
57.56 |
1.08 |
$41.34 |
$85,980 |
| New Jersey |
238,750 |
58.95 |
1.10 |
$41.29 |
$85,890 |
| Connecticut |
90,490 |
54.51 |
1.02 |
$40.98 |
$85,240 |
Metropolitan areas with the highest employment level in this occupation:
| 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 |
620,310 |
65.31 |
1.22 |
$46.98 |
$97,720 |
| Los Angeles-Long Beach-Anaheim, CA |
383,290 |
62.64 |
1.17 |
$39.14 |
$81,410 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
311,610 |
99.39 |
1.86 |
$45.57 |
$94,770 |
| Chicago-Naperville-Elgin, IL-IN-WI |
272,830 |
58.78 |
1.10 |
$37.18 |
$77,340 |
| Dallas-Fort Worth-Arlington, TX |
207,620 |
58.19 |
1.09 |
$38.24 |
$79,540 |
| San Francisco-Oakland-Hayward, CA |
192,020 |
79.38 |
1.49 |
$46.43 |
$96,580 |
| Boston-Cambridge-Nashua, MA-NH |
177,930 |
64.50 |
1.21 |
$42.52 |
$88,450 |
| Atlanta-Sandy Springs-Roswell, GA |
177,490 |
66.15 |
1.24 |
$36.62 |
$76,170 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD |
175,040 |
61.45 |
1.15 |
$39.08 |
$81,290 |
| Seattle-Tacoma-Bellevue, WA |
158,490 |
79.87 |
1.50 |
$40.85 |
$84,970 |
Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| California-Lexington Park, MD |
5,600 |
119.83 |
2.25 |
$47.56 |
$98,910 |
| Trenton, NJ |
23,850 |
103.06 |
1.93 |
$39.34 |
$81,830 |
| Tallahassee, FL |
17,660 |
102.17 |
1.92 |
$25.67 |
$53,400 |
| Bloomington, IL |
8,930 |
100.38 |
1.88 |
$34.30 |
$71,330 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
311,610 |
99.39 |
1.86 |
$45.57 |
$94,770 |
| Warner Robins, GA |
6,640 |
92.64 |
1.74 |
$36.16 |
$75,210 |
| Springfield, IL |
9,010 |
87.06 |
1.63 |
$34.04 |
$70,810 |
| Denver-Aurora-Lakewood, CO |
127,090 |
85.98 |
1.61 |
$39.06 |
$81,250 |
| Boulder, CO |
14,610 |
80.20 |
1.50 |
$39.74 |
$82,660 |
| Sacramento--Roseville--Arden-Arcade, CA |
78,860 |
80.09 |
1.50 |
$36.57 |
$76,060 |
Top paying metropolitan areas for this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Bridgeport-Stamford-Norwalk, CT |
29,260 |
70.32 |
1.32 |
$47.97 |
$99,780 |
| California-Lexington Park, MD |
5,600 |
119.83 |
2.25 |
$47.56 |
$98,910 |
| New York-Newark-Jersey City, NY-NJ-PA |
620,310 |
65.31 |
1.22 |
$46.98 |
$97,720 |
| San Jose-Sunnyvale-Santa Clara, CA |
84,360 |
75.37 |
1.41 |
$46.81 |
$97,370 |
| San Francisco-Oakland-Hayward, CA |
192,020 |
79.38 |
1.49 |
$46.43 |
$96,580 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV |
311,610 |
99.39 |
1.86 |
$45.57 |
$94,770 |
| Boston-Cambridge-Nashua, MA-NH |
177,930 |
64.50 |
1.21 |
$42.52 |
$88,450 |
| Huntsville, AL |
16,290 |
71.97 |
1.35 |
$41.70 |
$86,730 |
| Seattle-Tacoma-Bellevue, WA |
158,490 |
79.87 |
1.50 |
$40.85 |
$84,970 |
| Houston-The Woodlands-Sugar Land, TX |
153,730 |
51.55 |
0.97 |
$40.73 |
$84,710 |
Nonmetropolitan areas with the highest employment in this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Kansas nonmetropolitan area |
11,960 |
30.50 |
0.57 |
$28.54 |
$59,360 |
| West Northwestern Ohio nonmetropolitan area |
8,730 |
33.93 |
0.64 |
$30.16 |
$62,730 |
| North Northeastern Ohio non-metropolitan area (non-contiguous) |
8,540 |
25.51 |
0.48 |
$28.29 |
$58,850 |
| Balance of Lower Peninsula of Michigan nonmetropolitan area |
7,710 |
28.35 |
0.53 |
$29.81 |
$62,010 |
| Northeastern Wisconsin nonmetropolitan area |
7,640 |
37.75 |
0.71 |
$27.79 |
$57,800 |
Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Southwest Montana nonmetropolitan area |
7,480 |
54.37 |
1.02 |
$30.16 |
$62,730 |
| Northern Vermont nonmetropolitan area |
3,790 |
53.30 |
1.00 |
$30.60 |
$63,640 |
| Northeast Virginia nonmetropolitan area |
2,460 |
49.75 |
0.93 |
$38.89 |
$80,890 |
| Central New Hampshire nonmetropolitan area |
4,380 |
45.28 |
0.85 |
$32.31 |
$67,210 |
| West South Dakota nonmetropolitan area |
2,710 |
44.80 |
0.84 |
$28.20 |
$58,660 |
Top paying nonmetropolitan areas for this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Northeast Virginia nonmetropolitan area |
2,460 |
49.75 |
0.93 |
$38.89 |
$80,890 |
| Alaska nonmetropolitan area |
3,390 |
31.91 |
0.60 |
$38.05 |
$79,140 |
| Western Wyoming nonmetropolitan area |
2,740 |
27.68 |
0.52 |
$34.98 |
$72,770 |
| Northwest Colorado nonmetropolitan area |
4,970 |
41.35 |
0.78 |
$34.63 |
$72,030 |
| Northern New Mexico nonmetropolitan area |
3,220 |
40.27 |
0.75 |
$34.61 |
$71,980 |
About May 2018 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 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.
(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 OES estimates and related information:
May 2018 National Occupational Employment and Wage Estimates
May 2018 State Occupational Employment and Wage Estimates
May 2018 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2018 National Industry-Specific Occupational Employment and Wage Estimates
May 2018 Occupation Profiles
Technical Notes
Last Modified Date: March 29, 2019
United States Department of Labor
