Average Financial Clerks, All Other Salary in Los Angeles-Long Beach-Anaheim, CA
Financial Clerks, All Other in the Los Angeles-Long Beach-Anaheim, CA area earn an impressive average annual salary of $63,190, significantly surpassing the national average of $55,930. This elevated compensation is largely driven by the dynamic economic landscape and the specific demands of the Southern California market, which often requires specialized financial administrative support.
Executive Summary
- Average Salary: $63,190 per year.
- Growth Trend: Salaries have shifted 20.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,610.
- Outlook: With a local workforce of 890 Financial Clerks, All Other, and a Location Quotient of 0.59, the job market in Los Angeles-Long Beach-Anaheim indicates a slightly lower concentration compared to the national average. While not oversaturated, this suggests a stable, albeit not booming, demand for these roles within the region's diverse economic sectors.
Salary Overview
The average Financial Clerks, All Other in Los Angeles-Long Beach-Anaheim, CA earns+13.0%above the national average.
$30.4
$1,215
$5,266
Financial Clerks, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Financial Clerks, All Other in Los Angeles-Long Beach-Anaheim have experienced a steady upward trend over the past four years, mirroring national economic growth and inflation. This general progression is typical for administrative roles in major metropolitan areas, reflecting increasing operational costs and a consistent need for financial support.
Financial Clerks, All Other Salary Distribution in Los Angeles-Long Beach-Anaheim, CA
Career progression for Financial Clerks, All Other typically involves a noticeable salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries well into the higher percentiles, reflecting increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,670 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,393 | $22.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,010 | $28.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $78,988 | $38 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $82,610 | $39.7 |
Detailed Financial Clerks, All Other Market Analysis
Relocation Context
Nominal Salary
$63,190
Gross Pay
Real Wage (Purchasing Power)
$63,190
Adjusted for COL (100)
The average annual salary of $63,190 in Los Angeles-Long Beach-Anaheim aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is equivalent to the national average, indicating that the increased earnings are offset by the local cost of living.
Job Market Context
890
Total Jobs
0.143
Per 1K Jobs
0.59
Location Quotient
Los Angeles-Long Beach-Anaheim, CA has 0.59x 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 0.59 suggests that Financial Clerks, All Other are less concentrated in Los Angeles-Long Beach-Anaheim compared to the rest of the United States. This implies that while the roles exist and are compensated well, the market is not disproportionately reliant on this specific job category relative to other industries or occupations within the region.
Nearby Job Markets
Nearby Cities for Financial Clerks, All Other
| City | Salary | Dist. |
|---|---|---|
| Riverside-San Bernardino-Ontario, CA Financial Clerks, All Other Salary | $50,310↓ 20% | 49 mi |
| Oxnard-Thousand Oaks-Ventura, CA Financial Clerks, All Other Salary | $56,680↓ 10% | 55 mi |
Comparing salaries near Los Angeles-Long Beach-Anaheim, CA
Hiring Financial Clerks, All Others?
Frequently Asked Questions
How much does a Financial Clerks, All Other make in Los Angeles-Long Beach-Anaheim, CA?
The median annual salary for a Financial Clerks, All Other in Los Angeles-Long Beach-Anaheim, CA is $63,190. This typically ranges from $45,670 for entry-level positions to $82,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Los Angeles-Long Beach-Anaheim, CA is 13.0% higher than the national median of $55,930.
Is Los Angeles-Long Beach-Anaheim, CA a lucrative place for Financial Clerks, All Others?
Yes, with a caveat.Financial Clerks, All Other earn a higher nominal salary in Los Angeles-Long Beach-Anaheim compared to the national average. However, this increased pay is balanced by a Cost of Living Index that is also at the national average.
Is Los Angeles-Long Beach-Anaheim, CA a good place to live for Financial Clerks, All Others?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Los Angeles-Long Beach-Anaheim, CA?
Some top paying nearby cities include Riverside-San Bernardino-Ontario, CA ($50,310) and Oxnard-Thousand Oaks-Ventura, CA.
How does the local salary compare to the national average?
Financial Clerks, All Other in Los Angeles-Long Beach-Anaheim earn an average of $63,190 annually, which is $7,260 more than the national average of $55,930.
What is the concentration of Financial Clerks, All Other in this area?
The Location Quotient of 0.59 indicates that Financial Clerks, All Other are less concentrated in Los Angeles-Long Beach-Anaheim compared to the national average.
How does the Cost of Living affect the salary?
The Cost of Living Index in Los Angeles-Long Beach-Anaheim is 100, meaning it is at the national average. Therefore, the higher nominal salary effectively provides purchasing power equivalent to the national average.
What does the total local workforce number signify?
A total local workforce of 890 Financial Clerks, All Other suggests a significant presence of these roles within the Los Angeles-Long Beach-Anaheim metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Los Angeles-Long Beach-Anaheim, CA area with a job density of 0.143 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Financial Clerks, All Other Salaries by State
Top Jobs in Los Angeles-Long Beach-Anaheim, CA
- All Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Office and Administrative Support Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Food Preparation and Serving Related Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Transportation and Material Moving Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Sales and Related Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Healthcare Support Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Management Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Business and Financial Operations Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Home Health and Personal Care Aides Salary in Los Angeles-Long Beach-Anaheim, CA
- Educational Instruction and Library Occupations Salary in Los Angeles-Long Beach-Anaheim, CA
- Browse All Jobs in Los Angeles-Long Beach-Anaheim, CA →
Semantic Salary Analysis for Financial Clerks, All Other • Data source: BLS OEWS 2024 •Jobs in Los Angeles-Long Beach-Anaheim, CA