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Occupational Employment and Wage Statistics

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