Escrow clerk vs bookkeeper

The differences between escrow clerks and bookkeepers 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 a bookkeeper. Additionally, a bookkeeper has an average salary of $40,337, 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 a bookkeeper are payroll tax returns, customer service, and reconciliations.

Escrow clerk vs bookkeeper overview

	Escrow Clerk	Bookkeeper
Yearly salary	$36,861	$40,337
Hourly rate	$17.72	$19.39
Growth rate	-5%	-5%
Number of jobs	66,868	38,481
Job satisfaction	-	5
Most common degree	Associate Degree, 35%	Bachelor's Degree, 46%
Average age	51	51
Years of experience	6	6

Escrow clerk vs bookkeeper salary

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

	Escrow Clerk	Bookkeeper
Average salary	$36,861	$40,337
Salary range	Between $27,000 And $49,000	Between $30,000 And $52,000
Highest paying City	-	Washington, DC
Highest paying state	-	New York
Best paying company	-	NTT Data International L.L.C.
Best paying industry	-	Manufacturing

Differences between escrow clerk and bookkeeper education

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

	Escrow Clerk	Bookkeeper
Most common degree	Associate Degree, 35%	Bachelor's Degree, 46%
Most common major	Business	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Escrow clerk vs bookkeeper demographics

Here are the differences between escrow clerks' and bookkeepers' demographics:

	Escrow Clerk	Bookkeeper
Average age	51	51
Gender ratio	Male, 11.5% Female, 88.5%	Male, 15.4% Female, 84.6%
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, 6.6% White, 67.6% American Indian and Alaska Native, 0.6%
LGBT Percentage	7%	7%

Differences between escrow clerk and bookkeeper 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.

Bookkeeper example responsibilities.

Manage AR, prepare deposits and perform basic receptionist/customer service tasks in office.
Perform journal entries, balance ledger, perform bank reconciliations, control inventory, coordinate proper guest accommodation.
Post and update of daily sales and purchases into QuickBooks system.
Execute monthly collection of Medicaid surplus funds from clients on a monthly basis.
Post resident receipts, Medicaid remittance, and process adjusting entries to the A/R detail.
Work closely with QC personnel for the planning of tooling and the flow process of PWB's.

Escrow clerk vs bookkeeper skills

Common escrow clerk skills

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

Common bookkeeper skills

Payroll Tax Returns, 12%
Customer Service, 10%
Reconciliations, 10%
Data Entry, 7%
Journal Entries, 5%
Financial Transactions, 4%