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Occupational Employment and Wages, May 2011
13-0000 Business and Financial Operations Occupations (Major Group)
This major group comprises the following occupations:
Agents and Business Managers of Artists, Performers, and Athletes ;
Buyers and Purchasing Agents, Farm Products ;
Wholesale and Retail Buyers, Except Farm Products ;
Purchasing Agents, Except Wholesale, Retail, and Farm Products ;
Claims Adjusters, Examiners, and Investigators ;
Insurance Appraisers, Auto Damage ;
Compliance Officers ;
Cost Estimators ;
Farm Labor Contractors ;
Human Resources, Training, and Labor Relations Specialists, All Other* ;
Logisticians ;
Management Analysts ;
Meeting, Convention, and Event Planners* ;
Compensation, Benefits, and Job Analysis Specialists ;
Training and Development Specialists ;
Market Research Analysts and Marketing Specialists* ;
Business Operations Specialists, All Other* ;
Accountants and Auditors ;
Appraisers and Assessors of Real Estate ;
Budget Analysts ;
Credit Analysts ;
Financial Analysts ;
Personal Financial Advisors ;
Insurance Underwriters ;
Financial Examiners ;
Credit Counselors ;
Loan Officers ;
Tax Examiners and Collectors, and Revenue Agents ;
Tax Preparers ;
Financial Specialists, All Other
National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation
National estimates for this occupation: Top
Employment estimate and mean wage estimates for this major group:
| Employment (1) |
Employment
RSE (3) |
Mean hourly
wage |
Mean annual
wage (2) |
Wage RSE (3) |
| 6,178,070 |
0.3 % |
$33.05 |
$68,740 |
0.2 % |
Percentile wage estimates for this major group:
| Percentile |
10% |
25% |
50%
(Median) |
75% |
90% |
| Hourly Wage |
$16.71 |
$21.99 |
$29.67 |
$40.12 |
$52.90 |
| Annual Wage (2) |
$34,770 |
$45,750 |
$61,700 |
$83,450 |
$110,040 |
Industry profile for this occupation: Top
Industries with the highest published employment and wages for this occupation are provided.
For a list of all industries with employment in this occupation, see the Create Customized Tables function.
Industries with the highest levels of employment in this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Federal Executive Branch (OES Designation) |
516,310 |
25.03 |
$37.02 |
$77,010 |
| Management of Companies and Enterprises |
390,570 |
20.50 |
$34.26 |
$71,270 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
374,780 |
45.15 |
$33.58 |
$69,840 |
| Insurance Carriers |
342,730 |
29.48 |
$31.72 |
$65,980 |
| Depository Credit Intermediation |
315,990 |
18.45 |
$31.33 |
$65,160 |
Industries with the highest concentration of employment in this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services |
374,780 |
45.15 |
$33.58 |
$69,840 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures |
8,410 |
43.69 |
$47.30 |
$98,390 |
| Other Financial Investment Activities |
136,520 |
39.82 |
$48.54 |
$100,960 |
| Insurance and Employee Benefit Funds |
13,660 |
31.20 |
$34.74 |
$72,250 |
| Management, Scientific, and Technical Consulting Services |
314,720 |
29.88 |
$40.70 |
$84,660 |
Top paying industries for this occupation:
| Industry |
Employment (1) |
Percent of industry employment |
Hourly mean wage |
Annual mean wage (2) |
| Other Financial Investment Activities |
136,520 |
39.82 |
$48.54 |
$100,960 |
| Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures |
8,410 |
43.69 |
$47.30 |
$98,390 |
| Securities and Commodity Exchanges |
1,270 |
17.68 |
$45.66 |
$94,980 |
| Securities and Commodity Contracts Intermediation and Brokerage |
101,570 |
21.95 |
$44.93 |
$93,460 |
| Personal Care Services |
1,010 |
0.17 |
$44.54 |
$92,650 |
Geographic profile for this occupation: Top
States and areas with the highest published employment, location quotients, and wages for this occupation are provided.
For a list of all areas with employment in this occupation, see the Create Customized Tables function.
States with the highest employment level in this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| California |
754,430 |
53.74 |
1.12 |
$36.13 |
$75,160 |
| New York |
442,190 |
52.47 |
1.09 |
$40.09 |
$83,390 |
| Texas |
440,850 |
42.78 |
0.89 |
$32.66 |
$67,940 |
| Florida |
370,310 |
51.78 |
1.08 |
$29.38 |
$61,110 |
| Illinois |
300,320 |
53.88 |
1.12 |
$33.04 |
$68,730 |
States with the highest concentration of jobs and location quotients in this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| District of Columbia |
95,350 |
147.89 |
3.07 |
$41.23 |
$85,770 |
| Virginia |
233,400 |
65.68 |
1.36 |
$36.48 |
$75,880 |
| Colorado |
141,130 |
64.77 |
1.34 |
$33.47 |
$69,620 |
| Maryland |
156,420 |
63.06 |
1.31 |
$35.82 |
$74,510 |
| Delaware |
23,420 |
58.06 |
1.21 |
$33.18 |
$69,010 |
Top paying States for this occupation:
| State |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| District of Columbia |
95,350 |
147.89 |
3.07 |
$41.23 |
$85,770 |
| New York |
442,190 |
52.47 |
1.09 |
$40.09 |
$83,390 |
| Connecticut |
82,090 |
51.02 |
1.06 |
$38.23 |
$79,530 |
| Massachusetts |
174,960 |
55.42 |
1.15 |
$37.32 |
$77,620 |
| Virginia |
233,400 |
65.68 |
1.36 |
$36.48 |
$75,880 |
Metropolitan areas with the highest employment level in this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| New York-White Plains-Wayne, NY-NJ Metropolitan Division |
317,300 |
62.68 |
1.30 |
$43.22 |
$89,900 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division |
235,280 |
101.83 |
2.11 |
$41.01 |
$85,310 |
| Chicago-Joliet-Naperville, IL Metropolitan Division |
214,760 |
59.94 |
1.24 |
$34.34 |
$71,430 |
| Los Angeles-Long Beach-Glendale, CA Metropolitan Division |
201,070 |
52.60 |
1.09 |
$35.56 |
$73,960 |
| Atlanta-Sandy Springs-Marietta, GA |
137,430 |
61.68 |
1.28 |
$35.23 |
$73,280 |
| Dallas-Plano-Irving, TX Metropolitan Division |
118,560 |
57.98 |
1.20 |
$34.70 |
$72,170 |
| Boston-Cambridge-Quincy, MA NECTA Division |
116,790 |
69.69 |
1.45 |
$39.25 |
$81,640 |
| Minneapolis-St. Paul-Bloomington, MN-WI |
115,430 |
67.45 |
1.40 |
$32.05 |
$66,660 |
| Houston-Sugar Land-Baytown, TX |
109,600 |
42.96 |
0.89 |
$35.44 |
$73,710 |
| Philadelphia, PA Metropolitan Division |
106,800 |
58.85 |
1.22 |
$35.50 |
$73,840 |
Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Warner Robins, GA |
6,050 |
106.28 |
2.21 |
$33.55 |
$69,790 |
| Tallahassee, FL |
16,430 |
103.70 |
2.15 |
$24.78 |
$51,530 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division |
235,280 |
101.83 |
2.11 |
$41.01 |
$85,310 |
| Trenton-Ewing, NJ |
20,230 |
93.48 |
1.94 |
$37.47 |
$77,940 |
| San Francisco-San Mateo-Redwood City, CA Metropolitan Division |
81,290 |
84.70 |
1.76 |
$43.99 |
$91,490 |
| Bethesda-Rockville-Frederick, MD Metropolitan Division |
46,280 |
83.27 |
1.73 |
$38.29 |
$79,640 |
| Denver-Aurora-Broomfield, CO |
92,300 |
76.87 |
1.60 |
$34.47 |
$71,700 |
| Des Moines-West Des Moines, IA |
24,190 |
76.04 |
1.58 |
$29.21 |
$60,750 |
| Huntsville, AL |
14,960 |
74.27 |
1.54 |
$37.44 |
$77,880 |
| Olympia, WA |
6,810 |
72.04 |
1.50 |
$27.71 |
$57,650 |
Top paying metropolitan areas for this occupation:
| Metropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Bridgeport-Stamford-Norwalk, CT |
26,820 |
65.43 |
1.36 |
$45.92 |
$95,510 |
| San Francisco-San Mateo-Redwood City, CA Metropolitan Division |
81,290 |
84.70 |
1.76 |
$43.99 |
$91,490 |
| San Jose-Sunnyvale-Santa Clara, CA |
56,090 |
64.00 |
1.33 |
$43.39 |
$90,260 |
| New York-White Plains-Wayne, NY-NJ Metropolitan Division |
317,300 |
62.68 |
1.30 |
$43.22 |
$89,900 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Division |
235,280 |
101.83 |
2.11 |
$41.01 |
$85,310 |
| Boston-Cambridge-Quincy, MA NECTA Division |
116,790 |
69.69 |
1.45 |
$39.25 |
$81,640 |
| Framingham, MA NECTA Division |
10,490 |
67.52 |
1.40 |
$38.83 |
$80,770 |
| Bethesda-Rockville-Frederick, MD Metropolitan Division |
46,280 |
83.27 |
1.73 |
$38.29 |
$79,640 |
| Oakland-Fremont-Hayward, CA Metropolitan Division |
54,680 |
57.42 |
1.19 |
$38.26 |
$79,590 |
| Nassau-Suffolk, NY Metropolitan Division |
49,530 |
40.96 |
0.85 |
$37.90 |
$78,830 |
Nonmetropolitan areas with the highest employment in this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Kansas nonmetropolitan area |
8,810 |
23.14 |
0.48 |
$24.63 |
$51,230 |
| Balance of Lower Peninsula of Michigan nonmetropolitan area |
7,970 |
28.92 |
0.60 |
$26.94 |
$56,030 |
| Other North Carolina nonmetropolitan area |
6,640 |
22.73 |
0.47 |
$27.63 |
$57,460 |
| East Central Pennsylvania nonmetropolitan area |
6,540 |
27.95 |
0.58 |
$27.38 |
$56,960 |
| Western Central North Carolina nonmetropolitan area |
6,190 |
25.56 |
0.53 |
$27.46 |
$57,110 |
Nonmetropolitan areas with the highest concentration of jobs and location quotients in this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| St. Mary's County, Maryland nonmetropolitan area |
5,580 |
131.72 |
2.73 |
$41.40 |
$86,110 |
| Los Alamos County, New Mexico nonmetropolitan area |
1,380 |
86.56 |
1.80 |
$44.94 |
$93,470 |
| Southwestern Montana nonmetropolitan area |
5,640 |
48.29 |
1.00 |
$26.10 |
$54,290 |
| Central South Dakota nonmetropolitan area |
1,520 |
47.13 |
0.98 |
$23.83 |
$49,560 |
| Northern Vermont nonmetropolitan area |
3,340 |
46.36 |
0.96 |
$28.43 |
$59,130 |
Top paying nonmetropolitan areas for this occupation:
| Nonmetropolitan area |
Employment (1) |
Employment per thousand jobs |
Location quotient (9) |
Hourly mean wage |
Annual mean wage (2) |
| Hammond nonmetropolitan area |
1,840 |
36.20 |
0.75 |
$48.59 |
$101,060 |
| Los Alamos County, New Mexico nonmetropolitan area |
1,380 |
86.56 |
1.80 |
$44.94 |
$93,470 |
| St. Mary's County, Maryland nonmetropolitan area |
5,580 |
131.72 |
2.73 |
$41.40 |
$86,110 |
| Southwestern Wyoming nonmetropolitan area |
1,400 |
22.86 |
0.47 |
$34.26 |
$71,260 |
| Northeastern Virginia nonmetropolitan area |
1,950 |
40.94 |
0.85 |
$33.54 |
$69,770 |
About May 2011 National, State, Metropolitan, and Nonmetropolitan Area Occupational Employment and Wage Estimates
These estimates are calculated with data collected from employers in all industry sectors, all metropolitan and nonmetropolitan areas, and all states and the District of Columbia.
The percentile wage estimate is the value of a wage below which a certain percent of workers fall.
The median wage is the 50th percentile wage estimate--50 percent of workers earn less than the median and 50 percent of workers earn more than the median.
More about percentile wages.
(1) Estimates for detailed occupations do not sum to the totals because the totals include occupations not shown separately. Estimates do not include self-employed workers.
(2) Annual wages have been calculated by multiplying the hourly mean wage by a "year-round, full-time" hours figure of 2,080 hours;
for those occupations where there is not an hourly mean wage published, the annual wage has been directly calculated from the reported survey data.
(3) The relative standard error (RSE) is a measure of the reliability of a survey statistic. The smaller the relative standard error, the more precise the estimate.
(9) The location quotient is the ratio of the area concentration of occupational employment to the national average concentration.
A location quotient greater than one indicates the occupation has a higher share of employment than average, and a location quotient less than one indicates the occupation is less prevalent in the area than average.
Other OES estimates and related information:
May 2011 National Occupational Employment and Wage Estimates
May 2011 State Occupational Employment and Wage Estimates
May 2011 Metropolitan and Nonmetropolitan Area Occupational Employment and Wage Estimates
May 2011 National Industry-Specific Occupational Employment and Wage Estimates
List of Occupations in SOC Code Number Order
List of Occupations in Alphabetical Order
Download May 2011 Occupational Employment and Wage Estimates in Zipped XLS files
Technical Notes
Last Modified Date: March 27, 2012
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