Escrow clerk vs accounts receivable clerk

The differences between escrow clerks and accounts receivable 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 receivable clerk. Additionally, an escrow clerk has an average salary of $36,861, which is higher than the $36,425 average annual salary of an accounts receivable clerk.

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

Escrow clerk vs accounts receivable clerk overview

	Escrow Clerk	Accounts Receivable Clerk
Yearly salary	$36,861	$36,425
Hourly rate	$17.72	$17.51
Growth rate	-5%	-5%
Number of jobs	66,868	87,935
Job satisfaction	-	-
Most common degree	Associate Degree, 35%	Bachelor's Degree, 36%
Average age	51	51
Years of experience	6	6

Escrow clerk vs accounts receivable clerk salary

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

	Escrow Clerk	Accounts Receivable Clerk
Average salary	$36,861	$36,425
Salary range	Between $27,000 And $49,000	Between $29,000 And $45,000
Highest paying City	-	Boston, MA
Highest paying state	-	Massachusetts
Best paying company	-	IBM
Best paying industry	-	Finance

Differences between escrow clerk and accounts receivable clerk education

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

	Escrow Clerk	Accounts Receivable Clerk
Most common degree	Associate Degree, 35%	Bachelor's Degree, 36%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow clerk vs accounts receivable clerk demographics

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

	Escrow Clerk	Accounts Receivable Clerk
Average age	51	51
Gender ratio	Male, 11.5% Female, 88.5%	Male, 13.7% Female, 86.3%
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, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between escrow clerk and accounts receivable 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 receivable clerk example responsibilities.

Manage and monitor weekly bank deposit runs and record deposits into QuickBooks.
Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
Obtain online reports of bank transactions, including deposits, ACH, EFT and wire payments from multiple banking institutions.
Utilize QuickBooks accounting software for billing/invoices, generate statements.
Perform necessary adjustments using knowledge of Medicare and all third party insurance.
Investigate and resolve any out-of-balances including credit card discrepancies / lockbox exceptions.

Escrow clerk vs accounts receivable 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 receivable clerk skills

Customer Service, 12%
Data Entry, 9%
Collection Calls, 8%
Financial Data, 7%
Credit Card Payments, 5%
Process Payments, 5%

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Escrow Clerk
Escrow Clerk vs Accounts Receivable Clerk

Updated January 8, 2025

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