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Average Financial Clerks, All Other Salary in California

Financial Clerks, All Other in California earn an average annual salary of $61,960, significantly surpassing the national average of $55,930. This elevated compensation is largely driven by California's robust economy and higher operational costs, which necessitate greater remuneration for skilled administrative roles.

Executive Summary

  • Average Salary: $61,960 per year.
  • Growth Trend: Salaries have shifted 21.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,380.
  • Outlook: With a local workforce of 2,960 Financial Clerks, All Other, California demonstrates a substantial presence in this sector. The Location Quotient of 0.68 indicates that while the concentration is slightly below the national average, the sheer volume of jobs suggests a consistent demand for these professionals within the state's diverse financial landscape.
2024 Market Data

Salary Overview

$61,960

The average Financial Clerks, All Other in California earns+10.8%above the national average.

BreakdownBased on 40h/week
Hourly

$29.8

Weekly

$1,192

Monthly

$5,163

Financial Clerks, All Other Salary Distribution in California

Career progression for Financial Clerks, All Other in California typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and those with specialized skills can command salaries well into the upper percentiles, reflecting a clear career ladder and the value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,990$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$46,470$22.3
ManagerOversees team, compliance, and project delivery.50% (Median)$58,840$28.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$77,450$37.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$84,380$40.6

Detailed Financial Clerks, All Other Market Analysis

Relocation Context

Nominal Salary

$61,960

Gross Pay

Real Wage (Purchasing Power)

$44,736

Adjusted for COL (138.5)

The average annual salary of $61,960 in California must be considered alongside its Cost of Living Index of 138.5. While the nominal salary is higher than the national average, the increased cost of goods and services means that the purchasing power of this salary may be comparable to, or even less than, lower salaries in more affordable regions.

Job Market Context

2,960

Total Jobs

0.164

Per 1K Jobs

0.68

Location Quotient

Below Average

California has 0.68x the national average concentration of Financial Clerks, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.68 suggests that Financial Clerks, All Other are slightly less concentrated in California compared to the national average. This implies that while the state employs a significant number of these professionals, the job market may not be oversaturated, potentially offering competitive opportunities for qualified candidates.

Nearby Job Markets

Nearby Cities for Financial Clerks, All Other

CitySalaryDist.
Fresno, CA Financial Clerks, All Other Salary$55,150↓ 11%46 mi
Bakersfield-Delano, CA Financial Clerks, All Other Salary$51,980↓ 16%64 mi

Comparing salaries near California

Hiring Financial Clerks, All Others?

Frequently Asked Questions

How much does a Financial Clerks, All Other make in California?

The median annual salary for a Financial Clerks, All Other in California is $61,960. This typically ranges from $42,990 for entry-level positions to $84,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in California is 10.8% higher than the national median of $55,930.

Is California a lucrative place for Financial Clerks, All Others?

Yes, but with caveats.California offers a higher average salary for Financial Clerks, All Other than the national average. However, the significantly higher cost of living means that the real value of this salary may be diminished compared to more affordable states.

Is California a good place to live for Financial Clerks, All Others?

The Cost of Living Index in California is 138.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near California?

Some top paying nearby cities include Fresno, CA ($55,150) and Bakersfield-Delano, CA.

How does the California salary compare to the national average?

The average annual salary for Financial Clerks, All Other in California is $61,960, which is $6,030 higher than the national average of $55,930.

What is the Cost of Living Index in California for this role?

California's Cost of Living Index is 138.5, meaning it is 38.5% more expensive to live there than the national average.

How concentrated are Financial Clerk jobs in California?

The Location Quotient of 0.68 indicates that Financial Clerk jobs are slightly less concentrated in California than the national average, suggesting a moderately competitive market.

What does the number of Financial Clerks in California suggest?

With a total local workforce of 2,960, California has a substantial number of Financial Clerks, indicating consistent demand for these roles within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,960 employees in the California area with a job density of 0.164 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Clerks, All Other • Data source: BLS OEWS 2024 •Jobs in California