Banking associate demographics and statistics in the US
Banking associate demographics research summary. Zippia estimates banking associate demographics and statistics in the United States by using a database of 30 million profiles. Our banking associate estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about banking associates after extensive research and analysis:
- There are over 14,806 banking associates currently employed in the United States.
- 58.2% of all banking associates are women, while 41.8% are men.
- The average banking associate age is 38 years old.
- The most common ethnicity of banking associates is White (60.7%), followed by Hispanic or Latino (17.8%), Black or African American (10.1%) and Asian (7.4%).
- Banking associates are most in-demand in New York, NY.
- The finance industry is the highest-paying for banking associates.
- 7% of all banking associates are LGBT.
On this page
Banking associate demographics by:
Banking associate gender statistics
58.2% of banking associates are women and 41.8% of banking associates are men.
- Female, 58.2%
- Male, 41.8%
Banking associate gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.2% |
| Male | 41.8% |
Banking associate gender pay gap
Women earn 97¢ for every $1 earned by men
Male income
$87,200
Female income
$84,967
Banking associate gender ratio over time
This data breaks down the percentage of men and women in banking associate positions over time. Currently, 58.2% of banking associates are female.
Banking associate gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 37.10% | 62.90% |
| 2011 | 37.65% | 62.35% |
| 2012 | 39.38% | 60.62% |
| 2013 | 37.31% | 62.69% |
| 2014 | 39.59% | 60.41% |
| 2015 | 39.32% | 60.68% |
| 2016 | 41.39% | 58.61% |
| 2017 | 40.18% | 59.82% |
| 2018 | 39.65% | 60.35% |
| 2019 | 45.37% | 54.63% |
| 2020 | 43.26% | 56.74% |
| 2021 | 41.83% | 58.17% |
Banking associate related jobs gender ratio
We compared banking associates 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% |
| Banking Associate | 42% | 58% |
| Recovery Agent | 69% | 31% |
| Time Recorder | 71% | 29% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Banking associate demographics by race
The most common ethnicity among banking associates is White, which makes up 60.7% of all banking associates. Comparatively, 17.8% of banking associates are Hispanic or Latino and 10.1% of banking associates are Black or African American.
- White, 60.7%
- Hispanic or Latino, 17.8%
- Black or African American, 10.1%
- Asian, 7.4%
- Unknown, 3.5%
- American Indian and Alaska Native, 0.5%
Banking associate race
| Banking associate race | Percentages |
|---|---|
| White | 60.7% |
| Hispanic or Latino | 17.8% |
| Black or African American | 10.1% |
| Asian | 7.4% |
| Unknown | 3.5% |
| American Indian and Alaska Native | 0.5% |
Banking associate race and ethnicity over time
See how banking associate racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Banking associate race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 65.14% | 10.95% | 6.71% | 14.86% |
| 2011 | 66.63% | 10.64% | 6.79% | 13.91% |
| 2012 | 65.20% | 11.08% | 6.53% | 14.18% |
| 2013 | 64.71% | 10.95% | 6.88% | 15.19% |
| 2014 | 64.60% | 11.11% | 6.05% | 15.56% |
| 2015 | 64.30% | 12.20% | 6.08% | 14.83% |
| 2016 | 65.03% | 10.90% | 6.00% | 15.42% |
| 2017 | 65.27% | 10.30% | 6.35% | 15.51% |
| 2018 | 63.32% | 10.51% | 6.27% | 17.10% |
| 2019 | 64.32% | 10.20% | 6.61% | 16.04% |
| 2020 | 62.71% | 10.12% | 6.59% | 16.69% |
| 2021 | 60.66% | 10.08% | 7.39% | 17.80% |
Banking associate wage gap by race
According to our data, asian banking associates have the highest average salary compared to other ethnicities. White banking associates have the lowest average salary at $82,676.
| Ethnicity | Salary |
|---|---|
| Unknown | $86,362 |
| White | $82,676 |
| Black or African American | $88,250 |
| Asian | $91,449 |
| Hispanic or Latino | $87,495 |
Average banking associate age
See how the average age of banking associates varies based on ethnicity and gender.
Male
Female
Banking associate 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 |
Banking associate age breakdown
The average age of banking associates is 40+ years years old, representing 44% of the banking associate population.
Banking associate age breakdown
| Banking Associate Years | Percentages |
|---|---|
| 40+ years | 44% |
| 30-40 years | 20% |
| 20-30 years | 35% |
Banking associate educational attainment
- Bachelor's, 63%
- Associate, 14%
- High School Diploma, 9%
- Master's, 9%
- Other Degrees, 5%
Banking associates by degree level
| Banking associate degree | Percentages |
|---|---|
| Bachelor's | 63% |
| Associate | 14% |
| High School Diploma | 9% |
| Master's | 9% |
| Other Degrees | 5% |
Banking associate jobs you might like
Banking associate wage gap by degree level
According to the data, banking associates with a Bachelor's degree earn more than those without, at $94,573 annually. With a High School Diploma degree, banking associates earn a median annual income of $85,062 compared to $84,639 for banking associates with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $85,062 |
| Bachelor's Degree | $94,573 |
| Some College/ Associate Degree | $84,639 |
Banking associate employment statistics
Most banking associates work for a private in the finance industry.
Company size where banking associates work
Below, you can see the size of companies where banking associates work.
Banking associate jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 16% |
| 100 - 500 employees | 19% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 27% |
Banking associate jobs by company type
Employees with the banking associate job title have their preferences when it comes to working for a company. For instance, most banking associates prefer to work at private companies over public companies.
Banking associate jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 47% |
| Private | 52% |
| Government | 0% |
Banking associate jobs by industry
The most common industries for banking associates are finance, professional and technology.
Banking associate industry statistics
| Industry | Percentages |
|---|---|
| Finance | 66% |
| Fortune 500 | 11% |
| Professional | 8% |
| Technology | 4% |
| Retail | 3% |
| Agriculture | 1% |
| Manufacturing | 1% |
| Energy | 1% |
| Non Profits | 1% |
| Health Care | 1% |
| Education | 1% |
| Real Estate | 1% |
| Hospitality | 1% |
Banking associate turnover and employment statistics
Banking associate unemployment rate over time
The unemployment rate for banking associates between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Banking associate unemployment rate by year
| Year | Banking associate 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 banking associate tenure
The average banking associate stays at their job for 1-2 years, based on the 2,845 banking associates resumes in Zippia's database.
Banking associate tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 23% |
| 1-2 years | 38% |
| 3-4 years | 13% |
| 5-7 years | 14% |
| 8-10 years | 6% |
| 11+ years | 6% |
Banking associate LGBT ratio compared to similar jobs
Review the percent of banking associates 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 |
| Research Clerk | 6.92% | 113,814 |
| Banking Associate | 7.10% | - |
| Proof Machine Operator | 7.32% | 53,624 |
| Account Receivable Associate | 7.90% | 79,264 |
| Time Checker | 9.54% | 7,045 |
| Cage Cashier | 10.47% | 68,085 |
Similar banking associate jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Procurement Administrator | 6.59% | 56,668 |
| Research Clerk | 6.92% | 113,814 |
| Proof Machine Operator | 7.32% | 53,624 |
| Account Receivable Associate | 7.90% | 79,264 |
| Time Checker | 9.54% | 7,045 |
| Cage Cashier | 10.47% | 68,085 |
Foreign languages spoken by banking associates
The most common foreign language among banking associates is Spanish at 38.8%. The second-most popular foreign language spoken is French at 10.3% and Mandarin is the third-most popular at 9.7%.
- Spanish, 38.8%
- French, 10.3%
- Mandarin, 9.7%
- Chinese, 7.9%
- German, 3.6%
- Other, 29.7%
Banking associate languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 38.8% |
| French | 10.3% |
| Mandarin | 9.7% |
| Chinese | 7.9% |
| German | 3.6% |
| Other | 29.7% |
