Average Financial Clerks, All Other Salary in San Francisco-Oakland-Fremont, CA
Financial Clerks, All Other in the San Francisco-Oakland-Fremont, CA area earn an impressive average annual salary of $72,420. This figure significantly surpasses the national average of $55,930, reflecting the region's high cost of doing business and the specialized nature of financial roles within this dynamic metropolitan hub.
Executive Summary
- Average Salary: $72,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,720.
- Outlook: With a local workforce of 470 Financial Clerks, All Other, and a Location Quotient of 0.81, the job market in San Francisco-Oakland-Fremont indicates a slightly below-average concentration compared to the national landscape. While not a dominant sector, the presence of this workforce suggests consistent demand for these essential financial support roles within the region's diverse economy.
Salary Overview
The average Financial Clerks, All Other in San Francisco-Oakland-Fremont, CA earns+29.5%above the national average.
$34.8
$1,393
$6,035
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 San Francisco-Oakland-Fremont have experienced steady growth over the past four years. This trend is generally driven by inflation, increasing demand for skilled administrative professionals, and the overall economic expansion of the Bay Area, leading to upward pressure on compensation.
Financial Clerks, All Other Salary Distribution in San Francisco-Oakland-Fremont, CA
The salary spectrum for Financial Clerks, All Other in San Francisco-Oakland-Fremont, CA, typically ranges from entry-level positions to senior roles. As professionals gain experience and develop specialized skills, their earning potential increases significantly, with noticeable salary jumps between the 25th, 50th, and 75th percentiles, signifying clear career progression pathways.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,810 | $24.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,315 | $26.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,370 | $33.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,525 | $43.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $95,720 | $46 |
Detailed Financial Clerks, All Other Market Analysis
Relocation Context
Nominal Salary
$72,420
Gross Pay
Real Wage (Purchasing Power)
$72,420
Adjusted for COL (100)
The average annual salary of $72,420 in San Francisco-Oakland-Fremont, CA, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is substantially higher than the national average, the purchasing power of that salary is effectively equivalent to the national average, necessitating careful budgeting.
Job Market Context
470
Total Jobs
0.195
Per 1K Jobs
0.81
Location Quotient
San Francisco-Oakland-Fremont, CA has 0.81x 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 0.81 suggests that Financial Clerks, All Other are slightly less concentrated in the San Francisco-Oakland-Fremont area compared to the national average. This indicates a moderately competitive market, where employers may need to offer competitive compensation to attract and retain talent, but the role is not overwhelmingly abundant.
Nearby Job Markets
Nearby Cities for Financial Clerks, All Other
| City | Salary | Dist. |
|---|---|---|
| San Jose-Sunnyvale-Santa Clara, CA Financial Clerks, All Other Salary | $71,720↓ 1% | 42 mi |
Comparing salaries near San Francisco-Oakland-Fremont, CA
Hiring Financial Clerks, All Others?
Frequently Asked Questions
How much does a Financial Clerks, All Other make in San Francisco-Oakland-Fremont, CA?
The median annual salary for a Financial Clerks, All Other in San Francisco-Oakland-Fremont, CA is $72,420. This typically ranges from $51,810 for entry-level positions to $95,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in San Francisco-Oakland-Fremont, CA is 29.5% higher than the national median of $55,930.
Is San Francisco-Oakland-Fremont, CA a lucrative place for Financial Clerks, All Others?
Yes, with a caveat regarding cost of living.The average salary of $72,420 is significantly higher than the national average, indicating strong local demand and compensation. However, the Cost of Living Index being at 100 means this higher salary's purchasing power is comparable to the national average.
Is San Francisco-Oakland-Fremont, CA a good place to live for Financial Clerks, All Others?
The Cost of Living Index in San Francisco-Oakland-Fremont, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near San Francisco-Oakland-Fremont, CA?
Some top paying nearby cities include San Jose-Sunnyvale-Santa Clara, CA ($71,720) and others.
What is the average salary for a Financial Clerk in San Francisco?
The average annual salary for a Financial Clerk, All Other in the San Francisco-Oakland-Fremont, CA area is $72,420.
How does the San Francisco salary compare to the national average?
The average salary in San Francisco ($72,420) is notably higher than the national average ($55,930), representing a significant difference in compensation.
What does a Location Quotient of 0.81 mean for Financial Clerks?
A Location Quotient of 0.81 indicates that Financial Clerks, All Other are slightly less prevalent in San Francisco-Oakland-Fremont compared to the national average, suggesting a moderately competitive job market.
How does the Cost of Living in San Francisco affect the Financial Clerk salary?
With a Cost of Living Index of 100, the higher nominal salary of $72,420 in San Francisco effectively provides purchasing power equivalent to the national average, meaning the increased salary is offset by the local cost of living.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the San Francisco-Oakland-Fremont, CA area with a job density of 0.195 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 San Francisco-Oakland-Fremont, CA