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Financial clerks

Salary, job outlook, AI risk & career information

Financial clerks in the United States earn a median salary of $50,670 per year — about $24 per hour, according to the U.S. Bureau of Labor Statistics. Roughly 1.2M people work in this occupation nationwide, with projected employment growth of -5%.

Median Salary
$50,670
~$24/hr · ~$4,223/mo
US Jobs
1.2M
Decline
AI & Automation Risk
9/10
Very High

AI & Automation Risk

Very High 9/10

Financial clerks perform routine, digital-first tasks such as data entry, record updating, and basic financial calculations that are highly susceptible to AI automation. While some roles involve customer interaction, the core functions—processing claims, verifying credit, and managing payroll—are increasingly handled by AI-driven software, leading to a projected decline in employment.

Salary by City — What You Actually Take Home

Real purchasing power = salary adjusted for cost of living. Higher = more money in your pocket.

CityLocal SalaryCost of LivingReal Purchasing Power
Rochester, MNBEST VALUE$58,350Below avg (93.0)$62,770
New Haven, CT$62,890Above avg (105.4)$59,692
Pittsfield, MA$55,320Below avg (93.5)$59,157
Fairbanks-College, AK$59,320Average (101.2)$58,617
Grand Forks, ND-MN$50,260Below avg (85.9)$58,504
San Jose-Sunnyvale-Santa Clara, CA$66,130Above avg (113.1)$58,492
Duluth, MN-WI$50,660Below avg (87.2)$58,109
Kennewick-Richland, WA$57,290Average (98.9)$57,936
Mankato, MN$50,750Below avg (87.6)$57,903
Hartford-West Hartford-East Hartford, CT$59,470Above avg (103.3)$57,574
Bridgeport-Stamford-Danbury, CT Metropolitan Statistical Area$61,390Above avg (107.0)$57,368
Norwich-New London-Willimantic, CT$57,530Average (100.7)$57,133
Longview-Kelso, WA$56,620Average (99.3)$57,013
Barnstable Town, MA$60,680Above avg (106.5)$56,983
Boulder, CO$57,330Average (100.6)$56,980
Cost of Living Index: 100 = US national average. Below 100 = cheaper. Above 100 = more expensive.

Education & Requirements

Education Required
High school diploma or equivalent
10-Year Growth
-5% (Decline)
Hourly Rate
~$24/hr
Monthly Income
~$4,223/mo

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Data: Bureau of Labor Statistics OOH (2024)