Escrow clerk vs accounting assistant

The differences between escrow clerks and accounting assistants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an escrow clerk and an accounting assistant. Additionally, an accounting assistant has an average salary of $39,569, which is higher than the $36,861 average annual salary of an escrow clerk.

The top three skills for an escrow clerk include escrow accounts, property taxes and insurance policies. The most important skills for an accounting assistant are data entry, customer service, and reconciliations.

Escrow clerk vs accounting assistant overview

	Escrow Clerk	Accounting Assistant
Yearly salary	$36,861	$39,569
Hourly rate	$17.72	$19.02
Growth rate	-5%	-5%
Number of jobs	66,868	63,945
Job satisfaction	-	-
Most common degree	Associate Degree, 35%	Bachelor's Degree, 55%
Average age	51	51
Years of experience	6	6

Escrow clerk vs accounting assistant salary

Escrow clerks and accounting assistants have different pay scales, as shown below.

	Escrow Clerk	Accounting Assistant
Average salary	$36,861	$39,569
Salary range	Between $27,000 And $49,000	Between $30,000 And $50,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	Los Alamos National Laboratory
Best paying industry	-	Finance

Differences between escrow clerk and accounting assistant education

There are a few differences between an escrow clerk and an accounting assistant in terms of educational background:

	Escrow Clerk	Accounting Assistant
Most common degree	Associate Degree, 35%	Bachelor's Degree, 55%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow clerk vs accounting assistant demographics

Here are the differences between escrow clerks' and accounting assistants' demographics:

	Escrow Clerk	Accounting Assistant
Average age	51	51
Gender ratio	Male, 11.5% Female, 88.5%	Male, 20.1% Female, 79.9%
Race ratio	Black or African American, 7.2% Unknown, 4.0% Hispanic or Latino, 15.3% Asian, 5.0% White, 67.9% American Indian and Alaska Native, 0.6%	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.5% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between escrow clerk and accounting assistant duties and responsibilities

Escrow clerk example responsibilities.

Manage escrow department for title insurance company.
Maintain cleanliness of the company warehouse, operate warehouse machinery and organize the warehouse to ensure proper product placement.
Write checks in QuickBooks, send for signature, scan, separate, and mail.
Manage escrow department for title insurance company.

Accounting assistant example responsibilities.

Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
Participate in weekly, monthly, quarterly, and yearly audits to ensure SOX compliance and propose opportunities for improvement.
Meet with account teams to discuss job structure, new projects, client requests, billing procedures, and SOX requirements.
Reconcile departmental report cash against banking ACH transactions.
Process mortgage portfolio monthly payments and interest accruals.
Utilize online system for calculating payroll and family tuition payments.

Escrow clerk vs accounting assistant skills

Common escrow clerk skills

Escrow Accounts, 32%
Property Taxes, 23%
Insurance Policies, 14%
Flood Insurance, 11%
Tax Payments, 7%
HOA, 7%

Common accounting assistant skills

Data Entry, 13%
Customer Service, 11%
Reconciliations, 8%
Purchase Orders, 7%
Credit Card Payments, 6%
General Ledger Accounts, 5%