Average Financial Clerks, All Other Salary in Phoenix-Mesa-Chandler, AZ
Financial Clerks in the Phoenix-Mesa-Chandler, AZ metropolitan area earn an average annual salary of $64,310, significantly higher than the national average of $55,930. This elevated compensation is often a reflection of the specific economic drivers and demand within this dynamic Arizona region, influencing local wage structures for specialized roles.
Executive Summary
- Average Salary: $64,310 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $78,190.
- Outlook: The local job market for Financial Clerks, All Other, in Phoenix-Mesa-Chandler, AZ, appears stable with a total workforce of 570 individuals. A Location Quotient of 1.02 suggests a concentration of these roles that is very close to the national average, indicating a consistent, albeit not exceptionally high, demand for this profession within the region.
Salary Overview
The average Financial Clerks, All Other in Phoenix-Mesa-Chandler, AZ earns+15.0%above the national average.
$30.9
$1,237
$5,359
Financial Clerks, All Other Salary Trends (2020-2024)
While specific historical data for this granular job title in Phoenix is not provided, it is reasonable to assume a general upward trend in salaries for Financial Clerks over the past four years, mirroring national economic growth and inflation. This trend would likely reflect increased responsibilities and a growing need for financial administrative support across various industries in the region.
Financial Clerks, All Other Salary Distribution in Phoenix-Mesa-Chandler, AZ
Salary progression for Financial Clerks, All Other, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between these salary ranges signifies clear career advancement opportunities within the financial clerk profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,960 | $25 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $48,233 | $23.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,550 | $29.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $80,388 | $38.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $78,190 | $37.6 |
Detailed Financial Clerks, All Other Market Analysis
Relocation Context
Nominal Salary
$64,310
Gross Pay
Real Wage (Purchasing Power)
$64,310
Adjusted for COL (100)
With an average annual salary of $64,310 and a Cost of Living Index of 100, Financial Clerks in Phoenix-Mesa-Chandler, AZ, experience a salary that aligns perfectly with the national average cost of living. This means that the nominal salary earned holds its purchasing power directly against the national benchmark, offering a stable financial footing for residents.
Job Market Context
570
Total Jobs
0.244
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Phoenix-Mesa-Chandler, AZ has a slightly higher-than-average concentration of Financial Clerks, All Other roles compared to the national norm.
A Location Quotient of 1.02 for Financial Clerks, All Other, in Phoenix-Mesa-Chandler, AZ, indicates that the concentration of these jobs is just slightly above the national average. This suggests a healthy and balanced job market where the demand for financial clerks is present and consistent with national trends, without being overly saturated or exceptionally scarce.
Nearby Job Markets
Hiring Financial Clerks, All Others?
Frequently Asked Questions
How much does a Financial Clerks, All Other make in Phoenix-Mesa-Chandler, AZ?
The median annual salary for a Financial Clerks, All Other in Phoenix-Mesa-Chandler, AZ is $64,310. This typically ranges from $51,960 for entry-level positions to $78,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Phoenix-Mesa-Chandler, AZ is 15.0% higher than the national median of $55,930.
Is Phoenix-Mesa-Chandler, AZ a lucrative place for Financial Clerks, All Others?
Yes, it is slightly more lucrative than the national average.Financial Clerks in this area earn approximately 15% more than the national average salary. Coupled with a cost of living that matches the national average, this presents a favorable financial situation.
Is Phoenix-Mesa-Chandler, AZ a good place to live for Financial Clerks, All Others?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.
What is the average salary for a Financial Clerk in Phoenix-Mesa-Chandler, AZ?
The average annual salary for Financial Clerks, All Other, in Phoenix-Mesa-Chandler, AZ, is $64,310.
How does the Phoenix-Mesa-Chandler, AZ salary compare to the national average?
The average salary in Phoenix-Mesa-Chandler, AZ ($64,310) is higher than the national average salary ($55,930).
What does a Location Quotient of 1.02 mean for Financial Clerks in Phoenix?
A Location Quotient of 1.02 signifies that the concentration of Financial Clerk jobs in Phoenix-Mesa-Chandler, AZ, is very close to the national average, indicating a stable and consistent demand.
How does the Cost of Living in Phoenix-Mesa-Chandler, AZ affect the salary?
With a Cost of Living Index of 100 (matching the national average), the $64,310 salary in Phoenix-Mesa-Chandler, AZ, offers purchasing power equivalent to the national average, making it a financially stable location.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 0.244 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Clerks, All Other • Data source: BLS OEWS 2024 •Jobs in Phoenix-Mesa-Chandler, AZ