Bank representative demographics and statistics in the US
Bank representative demographics research summary. Zippia estimates bank representative demographics and statistics in the United States by using a database of 30 million profiles. Our bank representative estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about bank representatives after extensive research and analysis:
- There are over 88,428 bank representatives currently employed in the United States.
- 65.9% of all bank representatives are women, while 34.1% are men.
- The average bank representative age is 38 years old.
- The most common ethnicity of bank representatives is White (57.1%), followed by Hispanic or Latino (22.4%), Black or African American (9.2%) and Asian (7.3%).
- In 2022, women earned 99% of what men earned.
- 7% of all bank representatives are LGBT.
- Bank representatives are 50% more likely to work at public companies in comparison to private companies.
On this page
Bank representative demographics by:
Bank representative gender statistics
65.9% of bank representatives are women and 34.1% of bank representatives are men.
- Female, 65.9%
- Male, 34.1%
Bank representative gender ratio
| Gender | Percentages |
|---|---|
| Female | 65.9% |
| Male | 34.1% |
Bank representative gender pay gap
Women earn 99¢ for every $1 earned by men
Male income
$35,187
Female income
$34,867
Bank representative gender ratio over time
This data breaks down the percentage of men and women in bank representative positions over time. Currently, 65.9% of bank representatives are female.
Bank representative gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 29.77% | 70.23% |
| 2011 | 30.27% | 69.73% |
| 2012 | 31.83% | 68.17% |
| 2013 | 29.96% | 70.04% |
| 2014 | 32.02% | 67.98% |
| 2015 | 31.78% | 68.22% |
| 2016 | 33.68% | 66.32% |
| 2017 | 32.56% | 67.44% |
| 2018 | 32.08% | 67.92% |
| 2019 | 37.39% | 62.61% |
| 2020 | 35.41% | 64.59% |
| 2021 | 34.08% | 65.92% |
Bank representative related jobs gender ratio
We compared bank representatives with similar job titles to see how gender ratios vary. As you can see, time recorder and recovery agent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Billing Clerk | 5% | 95% |
| Receptionist/Accounts Receivable | 5% | 95% |
| Directory Clerk | 7% | 93% |
| Bank Representative | 34% | 66% |
| Recovery Agent | 69% | 31% |
| Time Recorder | 71% | 29% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Bank representative demographics by race
The most common ethnicity among bank representatives is White, which makes up 57.1% of all bank representatives. Comparatively, 22.4% of bank representatives are Hispanic or Latino and 9.2% of bank representatives are Black or African American.
- White, 57.1%
- Hispanic or Latino, 22.4%
- Black or African American, 9.2%
- Asian, 7.3%
- Unknown, 3.4%
- American Indian and Alaska Native, 0.6%
Bank representative race
| Bank representative race | Percentages |
|---|---|
| White | 57.1% |
| Hispanic or Latino | 22.4% |
| Black or African American | 9.2% |
| Asian | 7.3% |
| Unknown | 3.4% |
| American Indian and Alaska Native | 0.6% |
Bank representative race and ethnicity over time
See how bank representative racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Bank representative race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 61.54% | 10.06% | 6.59% | 19.48% |
| 2011 | 63.03% | 9.76% | 6.67% | 18.52% |
| 2012 | 61.61% | 10.19% | 6.42% | 18.79% |
| 2013 | 61.11% | 10.07% | 6.77% | 19.81% |
| 2014 | 61.00% | 10.23% | 5.94% | 20.17% |
| 2015 | 60.71% | 11.31% | 5.96% | 19.44% |
| 2016 | 61.43% | 10.01% | 5.89% | 20.04% |
| 2017 | 61.68% | 9.42% | 6.23% | 20.13% |
| 2018 | 59.73% | 9.62% | 6.15% | 21.71% |
| 2019 | 60.73% | 9.31% | 6.49% | 20.66% |
| 2020 | 59.11% | 9.24% | 6.48% | 21.31% |
| 2021 | 57.07% | 9.20% | 7.28% | 22.41% |
Bank representative wage gap by race
According to our data, asian bank representatives have the highest average salary compared to other ethnicities. White bank representatives have the lowest average salary at $34,533.
| Ethnicity | Salary |
|---|---|
| Unknown | $35,068 |
| White | $34,533 |
| Black or African American | $35,336 |
| Asian | $35,782 |
| Hispanic or Latino | $35,229 |
Average bank representative age
See how the average age of bank representatives varies based on ethnicity and gender.
Male
Female
Bank representative age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 28 | 37 |
| Unknown | 33 | |
| Asian | 24 | 49.5 |
| Hispanic or Latino | 26 | 29 |
| White | 27 | 42 |
| American Indian and Alaska Native | 27 |
Bank representative age breakdown
The average age of bank representatives is 40+ years years old, representing 44% of the bank representative population.
Bank representative age breakdown
| Bank Representative Years | Percentages |
|---|---|
| 40+ years | 44% |
| 30-40 years | 20% |
| 20-30 years | 35% |
Bank representative educational attainment
The most common degree for bank representatives is bachelor's degree, with 53% of bank representatives earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 17%.
- Bachelor's, 53%
- Associate, 20%
- High School Diploma, 17%
- Master's, 5%
- Other Degrees, 5%
Bank representatives by degree level
| Bank representative degree | Percentages |
|---|---|
| Bachelor's | 53% |
| Associate | 20% |
| High School Diploma | 17% |
| Master's | 5% |
| Other Degrees | 5% |
Bank representative jobs you might like
Bank representative wage gap by degree level
According to the data, bank representatives with a Bachelor's degree earn more than those without, at $36,208 annually. With a High School Diploma degree, bank representatives earn a median annual income of $34,881 compared to $34,820 for bank representatives with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $34,881 |
| Bachelor's Degree | $36,208 |
| Some College/ Associate Degree | $34,820 |
Bank representative employment statistics
Most bank representatives work for a public in the finance industry.
Company size where bank representatives work
Below, you can see the size of companies where bank representatives work.
Bank representative jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 18% |
| 100 - 500 employees | 20% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 21% |
| > 10,000 employees | 28% |
Bank representative jobs by company type
Employees with the bank representative job title have their preferences when it comes to working for a company. For instance, most bank representatives prefer to work at public companies over private companies.
Bank representative jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 50% |
| Private | 48% |
| Government | 1% |
Bank representative jobs by industry
The most common industries for bank representatives are finance, professional and technology.
Bank representative industry statistics
| Industry | Percentages |
|---|---|
| Finance | 60% |
| Fortune 500 | 12% |
| Professional | 8% |
| Technology | 4% |
| Media | 2% |
| Internet | 2% |
| Start-up | 2% |
| Government | 1% |
| Manufacturing | 1% |
| Health Care | 1% |
| Hospitality | 1% |
| Retail | 1% |
| Non Profits | 1% |
| Insurance | 1% |
| Real Estate | 1% |
| Education | 1% |
| Energy | 1% |
Bank representative turnover and employment statistics
Bank representative unemployment rate over time
The unemployment rate for bank representatives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Bank representative unemployment rate by year
| Year | Bank representative unemployment rate |
|---|---|
| 2010 | 7.05% |
| 2011 | 6.14% |
| 2012 | 5.27% |
| 2013 | 4.60% |
| 2014 | 3.93% |
| 2015 | 3.54% |
| 2016 | 2.93% |
| 2017 | 2.58% |
| 2018 | 2.36% |
| 2019 | 2.43% |
| 2020 | 3.64% |
| 2021 | 3.89% |
Average bank representative tenure
The average bank representative stays at their job for 1-2 years, based on the 3,024 bank representatives resumes in Zippia's database.
Bank representative tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 23% |
| 1-2 years | 41% |
| 3-4 years | 14% |
| 5-7 years | 12% |
| 8-10 years | 4% |
| 11+ years | 5% |
Bank representative LGBT ratio compared to similar jobs
Review the percent of bank representatives that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Procurement Administrator | 6.59% | 56,668 |
| Principal Account Clerk | 6.92% | 157,387 |
| Bank Representative | 7.10% | - |
| Adding Machine Operator | 7.32% | 53,605 |
| Payment Collector | 7.90% | 11,144 |
| Payroll Processor | 9.54% | 11,795 |
| Bank Vault Custodian | 10.47% | 11,048 |
Similar bank representative jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Procurement Administrator | 6.59% | 56,668 |
| Principal Account Clerk | 6.92% | 157,387 |
| Adding Machine Operator | 7.32% | 53,605 |
| Payment Collector | 7.90% | 11,144 |
| Payroll Processor | 9.54% | 11,795 |
| Bank Vault Custodian | 10.47% | 11,048 |
Foreign languages spoken by bank representatives
The most common foreign language among bank representatives is Spanish at 68.0%. The second-most popular foreign language spoken is Arabic at 5.9% and Portuguese is the third-most popular at 4.6%.
- Spanish, 68.0%
- Arabic, 5.9%
- Portuguese, 4.6%
- Italian, 3.9%
- Russian, 2.6%
- Other, 15.0%
Bank representative languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 68.0% |
| Arabic | 5.9% |
| Portuguese | 4.6% |
| Italian | 3.9% |
| Russian | 2.6% |
| Other | 15.0% |
