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Average Financial Clerks, All Other Salary in Texas

Financial Clerks, All Other in Texas earn an average annual salary of $55,670, which is marginally lower than the national average of $55,930. This slight difference can be attributed to a combination of factors, including the state's overall economic landscape and the specific demand dynamics within Texas's financial sector.

Executive Summary

  • Average Salary: $55,670 per year.
  • Growth Trend: Salaries have shifted 27.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,980.
  • Outlook: With a local workforce of 5,570 Financial Clerks, All Other, Texas demonstrates a significant presence in this occupational category. The Location Quotient of 1.67 indicates a concentration of these roles approximately 67% higher than the national average, suggesting robust demand and a potentially stable job market for these professionals within the state.
2024 Market Data

Salary Overview

$55,670

The average Financial Clerks, All Other in Texas earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$26.8

Weekly

$1,071

Monthly

$4,639

Financial Clerks, All Other Salary Distribution in Texas

Career progression for Financial Clerks, All Other in Texas typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with specialized skills and extensive experience can command salaries significantly higher than the average. The variance in pay across different experience levels highlights clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,380$20.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,753$20.1
ManagerOversees team, compliance, and project delivery.50% (Median)$52,260$25.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,588$33.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,980$35.6

Detailed Financial Clerks, All Other Market Analysis

Relocation Context

Nominal Salary

$55,670

Gross Pay

Real Wage (Purchasing Power)

$59,860

Adjusted for COL (93)

The average annual salary of $55,670 in Texas is quite favorable when considering the local Cost of Living Index of 93. This index is below the national average of 100, meaning that the purchasing power of a Financial Clerk's salary in Texas is effectively higher than the nominal amount suggests, offering a good standard of living relative to the rest of the country.

Job Market Context

5,570

Total Jobs

0.402

Per 1K Jobs

1.67

Location Quotient

Major Hub

Texas has 1.7x the national concentration of Financial Clerks, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.67 for Financial Clerks, All Other in Texas signifies a notably higher concentration of these jobs compared to the national average. This suggests that the job market in Texas is more abundant with these roles than in many other states, potentially leading to increased competition for positions but also indicating a strong industry presence and demand for this specific skill set.

Nearby Job Markets

Nearby Cities for Financial Clerks, All Other

CitySalaryDist.
Austin-Round Rock-San Marcos, TX Financial Clerks, All Other Salary$50,960↓ 8%53 mi

Comparing salaries near Texas

Hiring Financial Clerks, All Others?

Frequently Asked Questions

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

The median annual salary for a Financial Clerks, All Other in Texas is $55,670. This typically ranges from $42,380 for entry-level positions to $73,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 0.5% lower than the national median of $55,930.

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

Yes, Texas offers a competitive environment for Financial Clerks, All Others.The state's higher-than-average concentration of these roles (LQ 1.67) and a cost of living below the national average make the $55,670 salary quite advantageous for purchasing power.

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

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Austin-Round Rock-San Marcos, TX ($50,960) and others.

How does the Texas salary compare to the national average?

The average annual salary for Financial Clerks, All Other in Texas is $55,670, which is slightly below the national average of $55,930.

What is the job concentration for Financial Clerks, All Other in Texas?

Texas has a Location Quotient of 1.67 for Financial Clerks, All Other, indicating a concentration that is 67% higher than the national average.

How does the cost of living in Texas affect salary perception?

With a Cost of Living Index of 93 (below the national average of 100), the $55,670 salary in Texas offers a relatively strong purchasing power compared to the national average.

What is the total number of Financial Clerks, All Other in Texas?

There are approximately 5,570 Financial Clerks, All Other employed in Texas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,570 employees in the Texas area with a job density of 0.402 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 Texas