Settlement clerk vs clerk

The differences between settlement clerks and clerks can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a settlement clerk, becoming a clerk takes usually requires 1-2 years. Additionally, a settlement clerk has an average salary of $32,501, which is higher than the $31,163 average annual salary of a clerk.

The top three skills for a settlement clerk include data entry, settlement statements and administrative tasks. The most important skills for a clerk are basic math, math, and data entry.

Settlement clerk vs clerk overview

	Settlement Clerk	Clerk
Yearly salary	$32,501	$31,163
Hourly rate	$15.63	$14.98
Growth rate	-5%	-5%
Number of jobs	66,380	80,311
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 33%
Average age	51	47
Years of experience	6	2

Settlement clerk vs clerk salary

Settlement clerks and clerks have different pay scales, as shown below.

	Settlement Clerk	Clerk
Average salary	$32,501	$31,163
Salary range	Between $26,000 And $39,000	Between $24,000 And $39,000
Highest paying City	-	Washington, DC
Highest paying state	-	New Hampshire
Best paying company	-	University of Massachusetts Boston
Best paying industry	-	Health Care

Differences between settlement clerk and clerk education

There are a few differences between a settlement clerk and a clerk in terms of educational background:

	Settlement Clerk	Clerk
Most common degree	Bachelor's Degree, 35%	Bachelor's Degree, 33%
Most common major	Business	Business
Most common college	University of Pennsylvania	Western Carolina University

Settlement clerk vs clerk demographics

Here are the differences between settlement clerks' and clerks' demographics:

	Settlement Clerk	Clerk
Average age	51	47
Gender ratio	Male, 25.0% Female, 75.0%	Male, 34.1% Female, 65.9%
Race ratio	Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.5% Asian, 6.6% White, 67.4% American Indian and Alaska Native, 0.6%	Black or African American, 9.9% Unknown, 4.7% Hispanic or Latino, 21.1% Asian, 7.7% White, 55.6% American Indian and Alaska Native, 1.1%
LGBT Percentage	7%	6%

Differences between settlement clerk and clerk duties and responsibilities

Settlement clerk example responsibilities.

Manage resident's private information for insurance verification, billing, and eligibility to apply for Medicaid.
Process invoices in AS400 for delivery drivers.
Read and understand settlement descriptions and amounts within the AS400
Balance cash box, PPG and cup/cooler receipts daily.
Answer ACH relate questions for external customers and bank personnel.
Dispatch all cash letters to correct banks or ACH clearing house.

Clerk example responsibilities.

Demonstrate strong math skills in managing inmate s accounts and calmly and effectively deescalating outbursts of belligerent inmates.
Manage orthopedic accounts regarding payment posting through IDX medical systems.
Administer financial bookkeeping by way of QuickBooks.
Bank reconciliation in QuickBooks and assist bookkeeper when need.
Maintain a high level of confidentiality as required by HIPAA.
Call DMV's and dealerships when liens are not perfect.

Settlement clerk vs clerk skills

Common settlement clerk skills

Data Entry, 43%
Settlement Statements, 9%
Administrative Tasks, 7%
Bank Deposits, 6%
Computer System, 3%
Multi-Line Phone System, 3%

Common clerk skills

Basic Math, 18%
Math, 10%
Data Entry, 10%
Customer Service, 9%
Cleanliness, 8%
POS, 5%