Average Financial Clerks, All Other Salary in San Jose-Sunnyvale-Santa Clara, CA
Financial Clerks, All Other in San Jose-Sunnyvale-Santa Clara, CA, command an impressive average annual salary of $71,720. This figure significantly outpaces the national average of $55,930, reflecting the high demand and specialized economic landscape of the Silicon Valley region. The concentration of technology and finance-centric businesses in this area drives the need for skilled financial support personnel, justifying the elevated compensation.
Executive Summary
- Average Salary: $71,720 per year.
- Growth Trend: Salaries have shifted 30.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,800.
- Outlook: With a local workforce of 210 Financial Clerks, All Other, and a Location Quotient of 0.76, the job market in San Jose-Sunnyvale-Santa Clara, CA, indicates a slightly lower concentration compared to the national average. However, the presence of a dedicated workforce suggests a stable, albeit niche, demand for these roles within the region's robust economy. The number of jobs per 1,000 workers at 0.182 further underscores this specialized employment niche.
Salary Overview
The average Financial Clerks, All Other in San Jose-Sunnyvale-Santa Clara, CA earns+28.2%above the national average.
$34.5
$1,379
$5,977
Financial Clerks, All Other Salary Trends (2020-2024)
While specific historical data for this granular role is not provided, it is reasonable to assume that salaries for Financial Clerks, All Other in San Jose-Sunnyvale-Santa Clara, CA, have experienced consistent growth over the past four years. Economic expansion, inflation, and increasing demand for financial expertise in the tech-heavy Silicon Valley likely contribute to upward salary trends, mirroring broader national patterns of wage appreciation in specialized administrative roles.
Financial Clerks, All Other Salary Distribution in San Jose-Sunnyvale-Santa Clara, CA
Career progression for Financial Clerks, All Other typically involves a salary scale that increases with experience and responsibility. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the upper percentiles. The salary distribution, though not explicitly detailed here, would show a widening gap between junior and senior roles, signifying clear opportunities for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,800 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,790 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,800 | $28.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,650 | $43.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,800 | $47.5 |
Detailed Financial Clerks, All Other Market Analysis
Relocation Context
Nominal Salary
$71,720
Gross Pay
Real Wage (Purchasing Power)
$71,720
Adjusted for COL (100)
The average annual salary of $71,720 in San Jose-Sunnyvale-Santa Clara, CA, aligns perfectly with the national 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 equivalent to the national average. Therefore, the increased earnings are offset by the local cost of living, suggesting that the financial benefit of relocating for this role is primarily in the nominal wage increase rather than enhanced real disposable income.
Job Market Context
210
Total Jobs
0.182
Per 1K Jobs
0.76
Location Quotient
San Jose-Sunnyvale-Santa Clara, CA has 0.76x 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 0.76 for Financial Clerks, All Other in San Jose-Sunnyvale-Santa Clara, CA, indicates that this occupation is slightly less concentrated in the region than the national average. This suggests that while there is a local demand, the market is not saturated, and opportunities may be more specialized or tied to specific industries prevalent in the area, such as technology and finance. It implies a moderately competitive environment where specialized skills can be highly valued.
Nearby Job Markets
Nearby Cities for Financial Clerks, All Other
| City | Salary | Dist. |
|---|---|---|
| San Francisco-Oakland-Fremont, CA Financial Clerks, All Other Salary | $72,420↑ 1% | 42 mi |
Comparing salaries near San Jose-Sunnyvale-Santa Clara, CA
Hiring Financial Clerks, All Others?
Frequently Asked Questions
How much does a Financial Clerks, All Other make in San Jose-Sunnyvale-Santa Clara, CA?
The median annual salary for a Financial Clerks, All Other in San Jose-Sunnyvale-Santa Clara, CA is $71,720. This typically ranges from $59,800 for entry-level positions to $98,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in San Jose-Sunnyvale-Santa Clara, CA is 28.2% higher than the national median of $55,930.
Is San Jose-Sunnyvale-Santa Clara, CA a lucrative place for Financial Clerks, All Others?
Yes, with a caveat.The average salary of $71,720 is significantly higher than the national average. However, the Cost of Living Index is also at the national average, meaning the increased salary's purchasing power is comparable to lower-paying regions with a lower cost of living.
Is San Jose-Sunnyvale-Santa Clara, CA a good place to live for Financial Clerks, All Others?
The Cost of Living Index in San Jose-Sunnyvale-Santa Clara, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near San Jose-Sunnyvale-Santa Clara, CA?
Some top paying nearby cities include San Francisco-Oakland-Fremont, CA ($72,420) and others.
How does the local workforce size affect job prospects?
A local workforce of 210 Financial Clerks, All Other suggests a specialized but established presence, indicating consistent demand for these roles within the San Jose-Sunnyvale-Santa Clara, CA economic ecosystem.
What does a Location Quotient of 0.76 mean for job seekers?
A Location Quotient below 1.0, like 0.76, means the occupation is less concentrated locally than nationally. This can imply fewer overall openings but potentially higher demand for specialized skills within those roles.
How does the cost of living impact the perceived salary?
With a Cost of Living Index of 100, the $71,720 salary in San Jose-Sunnyvale-Santa Clara, CA, offers purchasing power equivalent to the national average, despite the higher nominal wage.
Are there many Financial Clerk jobs per capita in this area?
With 0.182 jobs per 1,000 workers, the rate is relatively low, suggesting that Financial Clerk positions, while well-compensated, are not as abundant as in more general administrative fields.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the San Jose-Sunnyvale-Santa Clara, CA area with a job density of 0.182 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 San Jose-Sunnyvale-Santa Clara, CA
- All Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Computer and Mathematical Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Management Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Business and Financial Operations Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Office and Administrative Support Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Software Developers Salary in San Jose-Sunnyvale-Santa Clara, CA
- Food Preparation and Serving Related Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Sales and Related Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Healthcare Support Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Educational Instruction and Library Occupations Salary in San Jose-Sunnyvale-Santa Clara, CA
- Browse All Jobs in San Jose-Sunnyvale-Santa Clara, CA →
Semantic Salary Analysis for Financial Clerks, All Other • Data source: BLS OEWS 2024 •Jobs in San Jose-Sunnyvale-Santa Clara, CA