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Escrow Assistant Salary

The larger portion of Escrow Assistants in the United States are women. Median pay in this female-dominated area goes for around $36K annually. This group's pay is mainly influenced by geographic location, followed by career duration and the individual firm. Although a strong majority have medical coverage and the larger part have dental coverage, about one in four claim no health benefits at all. Most Escrow Assistants report high levels of job satisfaction. The information for this snapshot was generated by responses to the PayScale salary survey.
$26,054 - $48,398
(Median)
26K
30K
36K
41K
48K
MEDIAN: $35,767
10%
25%
50%
75%
90%

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$11.98 - $20.69
(Median)
12
14
18
21
MEDIAN: $15.00
10%
25%
75%
90%

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National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$17K$34K$51K
Salary
$26,054 - $48,398  
   
Bonus
$0.00 - $5,801  
Commission
$618 - $9,696  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,970 - $48,416  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 266
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$11$22$33
Hourly Rate
$11.98 - $20.69  
   
Overtime
$16.55 - $30.64  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$22K$44K$66K
Bonus
$0.00 - $5,801  
   
Commission
$618 - $9,696  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$25,970 - $48,416  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 224
United States (change)

Job Description for Escrow Assistant

The escrow assistant is responsible for all administrative and clerical duties involved in the opening, closing, and maintenance of escrow accounts. Individuals in this position occasionally interact with escrow customers, but it is generally an inside position that works only within the company. The day-to-day responsibilities of an escrow assistant typically involve opening escrow orders, preparing final and closing documents, preparing customer billing statements and answering questions regarding billings. They also handle the creation of escrow logs, reports, and other files. Additionally, the escrow assistant is responsible for verifying customer contact and account information.

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Escrow Assistant Tasks

  • Communicate requirements and other information to clients including title exceptions.
  • Prepare documents for closing and handle the disbursement and follow up of all escrow transactions.
  • Open orders, input closing statements from a worksheet prepared by escrow officers.
  • Interpret earnest money agreements as they relate to closing and prepare all documents required for transactions.

Common Career Paths for Escrow Assistant


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Escrow Assistants may experience if they take an upper-level role like Executive Assistant. The position pays an average $45K annually. The most common promotion for Escrow Assistants is Escrow Officer, a position that typically pays $42K annually. Another standard transition for Escrow Assistants seeking advancement is to assume an Administrative Assistant role, where pay is often $31K.

Escrow Clerk Job Listings

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Popular Employer Salaries for Escrow Assistant


Fidelity National Title Insurance Company, First American Title Insurance Company, Stewart Title Company, Chicago Title Company, and Old Republic National Title Insurance Company are top-notch employers for Escrow Assistants in this area. Escrow Assistants flock to Old Republic National Title Insurance Company for generous paychecks, where average earnings of $39K lead the pack in compensation; however, Old Republic National Title Insurance Company also provides employees with a wide spectrum of compensation ranging from $29K at one end to $68K at the other end.

Salaries are easily beat at Stewart Title Company, where median pay comes to just $33K, the lowest in the field. What's more, with base pay starting at $28K and ending at $45K, range in salary is rather small.


Professional skills reported by Escrow Assistants are few in number. Most notably, skills in Accounting, Real Estate, Document Preparation, and Customer Service are correlated to pay that is above average, with boosts between 4 percent and 15 percent. Customer Service and Real Estate are also commonly seen together.

Pay by Experience Level for Escrow Assistant

Median of all compensation (including tips, bonus, and overtime) by years of experience.


More years of relevant experience do not necessarily translate to higher paychecks. Salaries for the relatively untried average out to around $32K, but survey participants with five to 10 years of experience earn a significantly higher median of $37K. Escrow Assistants who work for 10 to 20 years in their occupation tend to earn about $40K. Escrow Assistants who surpass 20 years on the job report pay that isn't as high as one would expect; the median compensation for this crowd sits around $41K.

Related Job Salaries

Experience Affects Escrow Assistant Salaries

Late-Career
up arrow 14%


Mid-Career
up arrow 2%

National Average
$36,000


Skills That Affect Escrow Assistant Salaries

Accounting
up arrow 15%

Real Estate
up arrow 4%

Document Preparation
up arrow 4%

Customer Service
0%

National Average
$36,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 103 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
22%
10-19 years
29%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 62%
vision benefits Vision: 48% employee benefits None: 24%