Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for bank officers in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:
- There are over 25,608 bank officers currently employed in the United States.
- 49.2% of all bank officers are women, while 50.8% are men.
- The average age of an employed bank officer is 44 years old.
- The most common ethnicity of bank officers is White (63.3%), followed by Hispanic or Latino (16.0%), Black or African American (9.2%) and Asian (6.4%).
- Bank officers are most in-demand in Chicago, IL.
- The finance industry is the highest-paying for bank officers.
- 8% of all bank officers are LGBT.
Bank Officer Statistics By Gender
49.2% of bank officers are women and 50.8% of bank officers are men.
- Male, 50.8%
- Female, 49.2%
Bank Officers By Gender
| Gender | Percentages |
|---|---|
| Male | 50.8% |
| Female | 49.2% |
Gender Pay Gap For Bank Officer
Women Earn 90¢ For Every $1 Earned By Men
Bank Officer Gender Over Time
This data shows how men and women predominate in the bank officer position over time.
Bank Officer Gender By Year
| Year | Male | Female |
|---|---|---|
| 2010 | 51.69% | 48.31% |
| 2011 | 49.34% | 50.66% |
| 2012 | 49.75% | 50.25% |
| 2013 | 50.79% | 49.21% |
| 2014 | 51.03% | 48.97% |
| 2015 | 48.43% | 51.57% |
| 2016 | 53.03% | 46.97% |
| 2017 | 50.98% | 49.02% |
| 2018 | 51.82% | 48.18% |
| 2019 | 49.69% | 50.31% |
| 2020 | 52.17% | 47.83% |
| 2021 | 50.83% | 49.17% |
Bank Officer Male to Female Ratio
We compared this job title with other job titles to see how gender percentages varied. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest difference in gender.
| Job Title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Bank Officer | 51% | 49% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Bank Officer Statistics By Race
The most common ethnicity among bank officers is White, which makes up 63.3% of all bank officers. Comparatively, there are 16.0% of the Hispanic or Latino ethnicity and 9.2% of the Black or African American ethnicity.
- White, 63.3%
- Hispanic or Latino, 16.0%
- Black or African American, 9.2%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Bank Officer Race
| Bank Officer Race | Percentages |
|---|---|
| White | 63.3% |
| Hispanic or Latino | 16.0% |
| Black or African American | 9.2% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Bank Officer Race And Ethnicity Over Time
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among bank officers.
- White
- Asian
- Hispanic or Latino
- Black or African American
Bank Officer Race By Year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.43% | 9.76% | 5.35% | 13.72% |
| 2011 | 68.85% | 10.06% | 5.44% | 13.82% |
| 2012 | 68.36% | 9.63% | 6.60% | 13.22% |
| 2013 | 68.18% | 9.41% | 6.64% | 13.36% |
| 2014 | 67.41% | 9.24% | 6.25% | 14.68% |
| 2015 | 69.09% | 8.59% | 6.28% | 13.59% |
| 2016 | 69.12% | 9.67% | 6.15% | 13.41% |
| 2017 | 69.64% | 8.89% | 5.87% | 13.43% |
| 2018 | 68.65% | 8.28% | 6.34% | 14.67% |
| 2019 | 67.66% | 8.39% | 6.74% | 14.92% |
| 2020 | 66.38% | 8.94% | 6.00% | 14.64% |
| 2021 | 63.32% | 9.20% | 6.39% | 15.97% |
Bank Officer Wage Gap By Race
| Ethnicity | Salary |
|---|---|
| Unknown | $85,798 |
| White | $86,306 |
| Black or African American | $79,733 |
| Asian | $88,900 |
| Hispanic or Latino | $82,308 |
Average Age of a Bank Officer
We determined the average age of bank officers based on ethnicity and gender.
Bank Officer Age By Race
| Race | Male Age | Female Age |
|---|---|---|
| Unknown | 43 | 41 |
| White | 44 | 46 |
| Black or African American | 42.5 | 42 |
| Asian | 42 | 45 |
| Hispanic or Latino | 40.5 | 41 |
Bank Officer Age Breakdown
This chart breaks down the ages of bank officer employees. Interestingly enough, the average age of bank officers is 40+ years old, which represents 64% of the population.
Bank Officer Age
| Bank Officer Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Types of Bank Officer Degree Levels
The most common degree for bank officers is bachelor's degree 70% of bank officers earn that degree. A close second is master's degree with 13% and rounding it off is associate degree with 10%.
- Bachelors, 70%
- Masters, 13%
- Associate, 10%
- High School Diploma, 3%
- Other Degrees, 4%
Bank Officers By Education
| Bank Officer Degree | Percentages |
|---|---|
| Bachelors | 70% |
| Masters | 13% |
| Associate | 10% |
| High School Diploma | 3% |
| Other Degrees | 4% |
Bank Officer Jobs You Might Like
Bank Officer Wage Gap By Education
| Education | Salary |
|---|---|
| High School Diploma or Less | $78,482 |
| Master's Degree | $93,939 |
| Bachelor's Degree | $87,475 |
| Some College/ Associate Degree | $79,060 |
Bank Officer Employment Statistics
Company Size
We created this chart to show you the average size of companies that typically hire bank officers.
Bank Officer Jobs By Employer Size
| Company Size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 18% |
| 100 - 500 employees | 21% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 23% |
Top Industries Hiring Bank Officers
Just based on the number of employees within each industry, we were able to determine the most common industries that employ bank officers. Those industries include finance, professional and utilities.
Bank Officer Industry Statistics
| Industry | Percentages |
|---|---|
| Finance | 83% |
| Fortune 500 | 7% |
| Professional | 3% |
| Energy | 1% |
| Utilities | 1% |
| Retail | 1% |
Bank Officer Turnover And Employment Statistics
Bank Officer Unemployment Rate Over Time
The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of bank officers changed.
- Unemployment rate
Bank Officer Unemployment Rate By Year
| Year | Bank Officer Unemployment Rate |
|---|---|
| 2010 | 7.62% |
| 2011 | 6.08% |
| 2012 | 4.66% |
| 2013 | 3.31% |
| 2014 | 4.27% |
| 2015 | 2.27% |
| 2016 | 2.06% |
| 2017 | 1.56% |
| 2018 | 1.99% |
| 2019 | 1.92% |
| 2020 | 1.62% |
| 2021 | 2.33% |
The Average Number of Years That Bank Officer Stay in a Job
By looking over 3,249 bank officers resumes, we figured out that the average bank officer enjoys staying at their job for 1-2 years for a percentage of 35%.
Bank Officer Tenure
| Number or Years | Percentages |
|---|---|
| Less than 1 year | 10% |
| 1-2 years | 35% |
| 3-4 years | 20% |
| 5-7 years | 17% |
| 8-10 years | 6% |
| 11+ years | 12% |
Comparing The LGBT Ratio of Bank Officers with Other Job Titles
After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to bank officers.
| Job Title | LGBT | Job Openings |
|---|---|---|
| Investment Analyst | 7.33% | 63,003 |
| Business Taxes Specialist | 7.40% | 49,605 |
| Tax Collection Coordinator | 7.56% | 42,263 |
| Tax Investigator | 7.65% | 30,630 |
| Bank Officer | 7.87% | - |
| Budget Counselor | 12.94% | 27,963 |
| Senior Capital Markets Specialist | 19.38% | 12,440 |
Bank Officer LGBT Demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Investment Analyst | 7.33% | 63,003 |
| Business Taxes Specialist | 7.40% | 49,605 |
| Tax Collection Coordinator | 7.56% | 42,263 |
| Tax Investigator | 7.65% | 30,630 |
| Budget Counselor | 12.94% | 27,963 |
| Senior Capital Markets Specialist | 19.38% | 12,440 |
Foreign Languages Spoken By Bank Officers
The most common foreign language among bank officers is Spanish at 42.6%. The second-most popular foreign language spoken is French at 12.4% and Mandarin is the third-most popular at 7.1%.
- Spanish, 42.6%
- French, 12.4%
- Mandarin, 7.1%
- German, 5.3%
- Chinese, 4.7%
- Other, 27.9%
Bank Officer Languages Spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 42.6% |
| French | 12.4% |
| Mandarin | 7.1% |
| German | 5.3% |
| Chinese | 4.7% |
| Other | 27.9% |
