Escrow clerk vs accounting technician

The differences between escrow clerks and accounting technicians 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 technician. Additionally, an accounting technician has an average salary of $41,337, 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 technician are customer service, financial reports, and payroll.

Escrow clerk vs accounting technician overview

	Escrow Clerk	Accounting Technician
Yearly salary	$36,861	$41,337
Hourly rate	$17.72	$19.87
Growth rate	-5%	-5%
Number of jobs	66,868	39,972
Job satisfaction	-	-
Most common degree	Associate Degree, 35%	Bachelor's Degree, 51%
Average age	51	51
Years of experience	6	6

Escrow clerk vs accounting technician salary

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

	Escrow Clerk	Accounting Technician
Average salary	$36,861	$41,337
Salary range	Between $27,000 And $49,000	Between $31,000 And $53,000
Highest paying City	-	Oakland, CA
Highest paying state	-	California
Best paying company	-	W. R. Berkley
Best paying industry	-	Government

Differences between escrow clerk and accounting technician education

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

	Escrow Clerk	Accounting Technician
Most common degree	Associate Degree, 35%	Bachelor's Degree, 51%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow clerk vs accounting technician demographics

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

	Escrow Clerk	Accounting Technician
Average age	51	51
Gender ratio	Male, 11.5% Female, 88.5%	Male, 22.7% Female, 77.3%
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, 6.7% Unknown, 4.0% Hispanic or Latino, 14.2% Asian, 6.5% White, 68.0% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between escrow clerk and accounting technician 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 technician example responsibilities.

Develop expertise in use of PeopleSoft system to manage balance accounts for quarterly investment portfolio.
Reconcile the agency SPCC statement each month
Audit includes reviewing SPCC invoices and receipts to ensure appropriate tax exemptions are follow.
Analyze cases to determine if ICD-9 and CPT codes are covered benefits according to insurance's medical policy.
Apply GAAP following applicable federal regulations.
Maintain adherence to university accounting and GAAP standards.

Escrow clerk vs accounting technician skills

Common escrow clerk skills

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

Common accounting technician skills

Customer Service, 12%
Financial Reports, 10%
Payroll, 8%
Purchase Orders, 7%
Data Entry, 6%
Reconciliations, 5%

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Office and Administrative Industry
Escrow Clerk
Escrow Clerk vs Accounting Technician

Updated January 8, 2025

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