Post job

Escrow clerk vs accounts payable clerk

The differences between escrow clerks and accounts payable clerks 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 accounts payable clerk. Additionally, an accounts payable clerk has an average salary of $38,333, 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 accounts payable clerk are customer service, data entry, and purchase orders.

Escrow clerk vs accounts payable clerk overview

Escrow ClerkAccounts Payable Clerk
Yearly salary$36,861$38,333
Hourly rate$17.72$18.43
Growth rate-5%-5%
Number of jobs66,86889,564
Job satisfaction--
Most common degreeAssociate Degree, 35%Bachelor's Degree, 46%
Average age5151
Years of experience66

Escrow clerk vs accounts payable clerk salary

Escrow clerks and accounts payable clerks have different pay scales, as shown below.

Escrow ClerkAccounts Payable Clerk
Average salary$36,861$38,333
Salary rangeBetween $27,000 And $49,000Between $30,000 And $48,000
Highest paying City-Washington, DC
Highest paying state-Massachusetts
Best paying company-Jane Street
Best paying industry-Technology

Differences between escrow clerk and accounts payable clerk education

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

Escrow ClerkAccounts Payable Clerk
Most common degreeAssociate Degree, 35%Bachelor's Degree, 46%
Most common majorBusinessAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Escrow clerk vs accounts payable clerk demographics

Here are the differences between escrow clerks' and accounts payable clerks' demographics:

Escrow ClerkAccounts Payable Clerk
Average age5151
Gender ratioMale, 11.5% Female, 88.5%Male, 17.2% Female, 82.8%
Race ratioBlack 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, 6.9% Unknown, 4.0% Hispanic or Latino, 14.7% Asian, 6.6% White, 67.2% American Indian and Alaska Native, 0.6%
LGBT Percentage7%7%

Differences between escrow clerk and accounts payable clerk 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.

Accounts payable clerk example responsibilities.

  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Match, code, and process vendor payments via MAS90 accounting system - including check runs and ACH payments.
  • Perform duties in compliance with GAAP, company and department policies and procedures, internal controls, and Sarbanes-Oxley requirements.
  • Process division payroll in coordination with ADP payroll systems for semi-monthly and weekly union contract employees.
  • Scan and store documents daily, retrieve W2 and W9 information along with service provider agreements when or if need.
  • Print, review, research, edit, code and batch invoices for processing via the various ERP financial systems.
  • Show more

Escrow clerk vs accounts payable clerk skills

Common escrow clerk skills
  • Escrow Accounts, 32%
  • Property Taxes, 23%
  • Insurance Policies, 14%
  • Flood Insurance, 11%
  • Tax Payments, 7%
  • HOA, 7%
Common accounts payable clerk skills
  • Customer Service, 13%
  • Data Entry, 10%
  • Purchase Orders, 8%
  • Expense Reports, 6%
  • Vendor Invoices, 6%
  • Vendor Statements, 5%

Browse office and administrative jobs