Bank specialist demographics and statistics in the US
Bank specialist demographics research summary. Zippia estimates bank specialist demographics and statistics in the United States by using a database of 30 million profiles. Our bank specialist 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 specialists after extensive research and analysis:
- There are over 26,456 bank specialists currently employed in the United States.
- 54.7% of all bank specialists are women, while 45.3% are men.
- The average bank specialist age is 43 years old.
- The most common ethnicity of bank specialists is White (66.6%), followed by Hispanic or Latino (11.9%), Asian (11.4%) and Black or African American (5.7%).
- Bank specialists are most in-demand in New York, NY.
- The finance industry is the highest-paying for bank specialists.
- 6% of all bank specialists are LGBT.
On this page
Bank specialist demographics by:
Bank specialist gender statistics
54.7% of bank specialists are women and 45.3% of bank specialists are men.
- Female, 54.7%
- Male, 45.3%
Bank specialist gender ratio
| Gender | Percentages |
|---|---|
| Female | 54.7% |
| Male | 45.3% |
Bank specialist gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$41,080
Female income
$37,796
Bank specialist gender ratio over time
This data breaks down the percentage of men and women in bank specialist positions over time. Currently, 54.7% of bank specialists are female.
Bank specialist gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 39.31% | 60.69% |
| 2011 | 37.35% | 62.65% |
| 2012 | 39.12% | 60.88% |
| 2013 | 38.82% | 61.18% |
| 2014 | 38.12% | 61.88% |
| 2015 | 39.57% | 60.43% |
| 2016 | 40.45% | 59.55% |
| 2017 | 39.82% | 60.18% |
| 2018 | 41.15% | 58.85% |
| 2019 | 44.66% | 55.34% |
| 2020 | 44.39% | 55.61% |
| 2021 | 45.35% | 54.65% |
Bank specialist related jobs gender ratio
We compared bank specialists with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Bank Specialist | 45% | 55% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Bank specialist demographics by race
The most common ethnicity among bank specialists is White, which makes up 66.6% of all bank specialists. Comparatively, 11.9% of bank specialists are Hispanic or Latino and 11.4% of bank specialists are Asian.
- White, 66.6%
- Hispanic or Latino, 11.9%
- Asian, 11.4%
- Black or African American, 5.7%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Bank specialist race
| Bank specialist race | Percentages |
|---|---|
| White | 66.6% |
| Hispanic or Latino | 11.9% |
| Asian | 11.4% |
| Black or African American | 5.7% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Bank specialist race and ethnicity over time
See how bank specialist racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Bank specialist race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.12% | 6.32% | 7.38% | 10.64% |
| 2011 | 74.24% | 5.95% | 8.22% | 10.14% |
| 2012 | 72.60% | 6.00% | 8.25% | 11.73% |
| 2013 | 73.06% | 5.27% | 8.88% | 10.71% |
| 2014 | 73.51% | 5.72% | 8.58% | 10.67% |
| 2015 | 73.14% | 5.85% | 8.85% | 10.28% |
| 2016 | 71.62% | 5.53% | 9.17% | 11.86% |
| 2017 | 71.91% | 5.40% | 8.95% | 11.63% |
| 2018 | 70.07% | 5.41% | 10.40% | 11.77% |
| 2019 | 71.95% | 5.76% | 9.73% | 10.66% |
| 2020 | 68.96% | 5.72% | 9.56% | 12.21% |
| 2021 | 66.64% | 5.67% | 11.44% | 11.89% |
Bank specialist wage gap by race
According to our data, unknown bank specialists have the highest average salary compared to other ethnicities. Black or african american bank specialists have the lowest average salary at $38,220.
| Ethnicity | Salary |
|---|---|
| Unknown | $42,917 |
| White | $42,643 |
| Black or African American | $38,220 |
| Asian | $42,055 |
| Hispanic or Latino | $39,769 |
Average bank specialist age
See how the average age of bank specialists varies based on ethnicity and gender.
Male
Female
Bank specialist age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 40 | 48.5 |
| White | 43 | 47 |
| Black or African American | 40.5 | 47 |
| Asian | 42 | 37.5 |
| Hispanic or Latino | 37 | 42 |
Bank specialist age breakdown
The average age of bank specialists is 40+ years years old, representing 58% of the bank specialist population.
Bank specialist age breakdown
| Bank Specialist Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Bank specialist educational attainment
The most common degree for bank specialists is bachelor's degree, with 62% of bank specialists earning that degree. The second and third most common degree levels are associate degree degree at 16% and associate degree degree at 11%.
- Bachelor's, 62%
- Associate, 16%
- High School Diploma, 11%
- Master's, 6%
- Other Degrees, 5%
Bank specialists by degree level
| Bank specialist degree | Percentages |
|---|---|
| Bachelor's | 62% |
| Associate | 16% |
| High School Diploma | 11% |
| Master's | 6% |
| Other Degrees | 5% |
Bank specialist jobs you might like
Bank specialist wage gap by degree level
According to the data, bank specialists with a Master's degree earn more than those without, at $51,234 annually. With a Doctorate degree, bank specialists earn a median annual income of $47,204 compared to $42,736 for bank specialists with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $51,234 |
| Bachelor's Degree | $42,736 |
| Doctorate Degree | $47,204 |
Bank specialist employment statistics
Most bank specialists work for a public in the finance industry.
Company size where bank specialists work
Below, you can see the size of companies where bank specialists work.
Bank specialist jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 12% |
| 100 - 500 employees | 19% |
| 500 - 1,000 employees | 10% |
| 1,000 - 10,000 employees | 27% |
| > 10,000 employees | 28% |
Bank specialist jobs by company type
Employees with the bank specialist job title have their preferences when it comes to working for a company. For instance, most bank specialists prefer to work at public companies over private companies.
Bank specialist jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 49% |
| Private | 49% |
| Government | 1% |
Bank specialist jobs by industry
The most common industries for bank specialists are finance, professional and technology.
Bank specialist industry statistics
| Industry | Percentages |
|---|---|
| Finance | 56% |
| Fortune 500 | 14% |
| Professional | 6% |
| Retail | 4% |
| Technology | 4% |
| Manufacturing | 2% |
| Non Profits | 2% |
| Insurance | 2% |
| Media | 1% |
| Internet | 1% |
| Hospitality | 1% |
| Government | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Health Care | 1% |
| Real Estate | 1% |
| Education | 1% |
Bank specialist turnover and employment statistics
Bank specialist unemployment rate over time
The unemployment rate for bank specialists between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Bank specialist unemployment rate by year
| Year | Bank specialist unemployment rate |
|---|---|
| 2010 | 7.50% |
| 2011 | 6.42% |
| 2012 | 6.14% |
| 2013 | 4.28% |
| 2014 | 4.90% |
| 2015 | 3.10% |
| 2016 | 4.15% |
| 2017 | 3.43% |
| 2018 | 2.39% |
| 2019 | 3.02% |
| 2020 | 4.76% |
| 2021 | 3.65% |
Average bank specialist tenure
The average bank specialist stays at their job for 1-2 years, based on the 8,715 bank specialists resumes in Zippia's database.
Bank specialist tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 20% |
| 1-2 years | 40% |
| 3-4 years | 15% |
| 5-7 years | 14% |
| 8-10 years | 5% |
| 11+ years | 6% |
Bank specialist LGBT ratio compared to similar jobs
Review the percent of bank specialists 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 |
|---|---|---|
| Account Development Representative | 5.13% | 271,837 |
| Bank Specialist | 5.67% | - |
| Enrolled Agent | 6.79% | 32,554 |
| Time Buyer | 9.53% | 9,110 |
| Travel Agent | 17.39% | 34,166 |
Similar bank specialist jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Account Development Representative | 5.13% | 271,837 |
| Enrolled Agent | 6.79% | 32,554 |
| Time Buyer | 9.53% | 9,110 |
| Travel Agent | 17.39% | 34,166 |
Foreign languages spoken by bank specialists
The most common foreign language among bank specialists is Spanish at 59.1%. The second-most popular foreign language spoken is Portuguese at 5.3% and French is the third-most popular at 5.3%.
- Spanish, 59.1%
- Portuguese, 5.3%
- French, 5.3%
- Russian, 3.1%
- Mandarin, 3.1%
- Other, 24.1%
Bank specialist languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 59.1% |
| Portuguese | 5.3% |
| French | 5.3% |
| Russian | 3.1% |
| Mandarin | 3.1% |
| Other | 24.1% |
