Consumer loan underwriter demographics and statistics in the US
Consumer loan underwriter demographics research summary. Zippia estimates consumer loan underwriter demographics and statistics in the United States by using a database of 30 million profiles. Our consumer loan underwriter estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about consumer loan underwriters after extensive research and analysis:
- There are over 99,915 consumer loan underwriters currently employed in the United States.
- 57.4% of all consumer loan underwriters are women, while 42.6% are men.
- The average consumer loan underwriter age is 44 years old.
- The most common ethnicity of consumer loan underwriters is White (63.5%), followed by Hispanic or Latino (15.9%), Black or African American (9.2%) and Asian (6.4%).
- Consumer loan underwriters are most in-demand in Phoenix, AZ.
- The finance industry is the highest-paying for consumer loan underwriters.
- 8% of all consumer loan underwriters are LGBT.
On this page
Consumer loan underwriter demographics by:
Consumer loan underwriter gender statistics
57.4% of consumer loan underwriters are women and 42.6% of consumer loan underwriters are men.
- Female, 57.4%
- Male, 42.6%
Consumer loan underwriter gender ratio
| Gender | Percentages |
|---|---|
| Female | 57.4% |
| Male | 42.6% |
Consumer loan underwriter gender pay gap
Women earn 89¢ for every $1 earned by men
Male income
$57,200
Female income
$50,850
Consumer loan underwriter gender ratio over time
This data breaks down the percentage of men and women in consumer loan underwriter positions over time. Currently, 57.4% of consumer loan underwriters are female.
Consumer loan underwriter gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 43.43% | 56.57% |
| 2011 | 41.14% | 58.86% |
| 2012 | 41.53% | 58.47% |
| 2013 | 42.55% | 57.45% |
| 2014 | 42.79% | 57.21% |
| 2015 | 40.26% | 59.74% |
| 2016 | 44.76% | 55.24% |
| 2017 | 42.73% | 57.27% |
| 2018 | 43.56% | 56.44% |
| 2019 | 41.47% | 58.53% |
| 2020 | 43.90% | 56.10% |
| 2021 | 42.58% | 57.42% |
Consumer loan underwriter related jobs gender ratio
We compared consumer loan underwriters with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Consumer Loan Underwriter | 43% | 57% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Consumer loan underwriter demographics by race
The most common ethnicity among consumer loan underwriters is White, which makes up 63.5% of all consumer loan underwriters. Comparatively, 15.9% of consumer loan underwriters are Hispanic or Latino and 9.2% of consumer loan underwriters are Black or African American.
- White, 63.5%
- Hispanic or Latino, 15.9%
- Black or African American, 9.2%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.4%
Consumer loan underwriter race
| Consumer loan underwriter race | Percentages |
|---|---|
| White | 63.5% |
| Hispanic or Latino | 15.9% |
| Black or African American | 9.2% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.4% |
Consumer loan underwriter race and ethnicity over time
See how consumer loan underwriter racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Consumer loan underwriter race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.57% | 9.72% | 5.33% | 13.65% |
| 2011 | 68.98% | 10.02% | 5.42% | 13.75% |
| 2012 | 68.49% | 9.59% | 6.58% | 13.15% |
| 2013 | 68.31% | 9.37% | 6.63% | 13.29% |
| 2014 | 67.55% | 9.20% | 6.23% | 14.61% |
| 2015 | 69.22% | 8.56% | 6.26% | 13.52% |
| 2016 | 69.25% | 9.63% | 6.13% | 13.33% |
| 2017 | 69.77% | 8.85% | 5.85% | 13.35% |
| 2018 | 68.78% | 8.25% | 6.32% | 14.60% |
| 2019 | 67.80% | 8.35% | 6.72% | 14.84% |
| 2020 | 66.51% | 8.90% | 5.98% | 14.56% |
| 2021 | 63.46% | 9.16% | 6.37% | 15.90% |
Consumer loan underwriter wage gap by race
According to our data, asian consumer loan underwriters have the highest average salary compared to other ethnicities. Black or african american consumer loan underwriters have the lowest average salary at $53,651.
| Ethnicity | Salary |
|---|---|
| Unknown | $58,125 |
| White | $58,501 |
| Black or African American | $53,651 |
| Asian | $60,425 |
| Hispanic or Latino | $55,546 |
Average consumer loan underwriter age
See how the average age of consumer loan underwriters varies based on ethnicity and gender.
Male
Female
Consumer loan underwriter age by race and gender
| 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 |
Consumer loan underwriter age breakdown
The average age of consumer loan underwriters is 40+ years years old, representing 64% of the consumer loan underwriter population.
Consumer loan underwriter age breakdown
| Consumer Loan Underwriter Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Consumer loan underwriter educational attainment
The most common degree for consumer loan underwriters is bachelor's degree, with 66% of consumer loan underwriters earning that degree. The second and third most common degree levels are associate degree degree at 17% and associate degree degree at 7%.
- Bachelor's, 66%
- Associate, 17%
- High School Diploma, 7%
- Master's, 7%
- Other Degrees, 3%
Consumer loan underwriters by degree level
| Consumer loan underwriter degree | Percentages |
|---|---|
| Bachelor's | 66% |
| Associate | 17% |
| High School Diploma | 7% |
| Master's | 7% |
| Other Degrees | 3% |
Consumer loan underwriter jobs you might like
Consumer loan underwriter wage gap by degree level
According to the data, consumer loan underwriters with a Master's degree earn more than those without, at $64,176 annually. With a Bachelor's degree, consumer loan underwriters earn a median annual income of $59,367 compared to $53,156 for consumer loan underwriters with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $64,176 |
| High School Diploma or Less | $52,732 |
| Bachelor's Degree | $59,367 |
| Some College/ Associate Degree | $53,156 |
Consumer loan underwriter employment statistics
Most consumer loan underwriters work for a private in the finance industry.
Company size where consumer loan underwriters work
Below, you can see the size of companies where consumer loan underwriters work.
Consumer loan underwriter jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 8% |
| 50 - 100 employees | 18% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 13% |
Consumer loan underwriter jobs by company type
Employees with the consumer loan underwriter job title have their preferences when it comes to working for a company. For instance, most consumer loan underwriters prefer to work at private companies over public companies.
Consumer loan underwriter jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 31% |
| Private | 67% |
| Government | 1% |
Consumer loan underwriter jobs by industry
The most common industries for consumer loan underwriters are finance, professional and manufacturing.
Consumer loan underwriter industry statistics
| Industry | Percentages |
|---|---|
| Finance | 65% |
| Fortune 500 | 8% |
| Professional | 7% |
| Hospitality | 2% |
| Manufacturing | 2% |
| Health Care | 2% |
| Transportation | 1% |
| Government | 1% |
| Automotive | 1% |
| Construction | 1% |
| Telecommunication | 1% |
| Technology | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Education | 1% |
| Agriculture | 1% |
| Energy | 1% |
Consumer loan underwriter turnover and employment statistics
Consumer loan underwriter unemployment rate over time
The unemployment rate for consumer loan underwriters between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Consumer loan underwriter unemployment rate by year
| Year | Consumer loan underwriter 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% |
Average consumer loan underwriter tenure
The average consumer loan underwriter stays at their job for 1-2 years, based on the 4,246 consumer loan underwriters resumes in Zippia's database.
Consumer loan underwriter tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 18% |
| 1-2 years | 38% |
| 3-4 years | 13% |
| 5-7 years | 15% |
| 8-10 years | 9% |
| 11+ years | 7% |
Consumer loan underwriter LGBT ratio compared to similar jobs
Review the percent of consumer loan underwriters 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 |
|---|---|---|
| Senior Business Finance Analyst | 7.33% | 156,768 |
| Claim Auditor | 7.40% | 22,068 |
| Tax Advisor | 7.56% | 76,710 |
| Revenue Officer | 7.65% | 58,234 |
| Consumer Loan Underwriter | 7.87% | - |
| Budget Examiner | 12.94% | 2,896 |
| Field Examiner | 19.38% | 46,780 |
Similar consumer loan underwriter jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Senior Business Finance Analyst | 7.33% | 156,768 |
| Claim Auditor | 7.40% | 22,068 |
| Tax Advisor | 7.56% | 76,710 |
| Revenue Officer | 7.65% | 58,234 |
| Budget Examiner | 12.94% | 2,896 |
| Field Examiner | 19.38% | 46,780 |
Foreign languages spoken by consumer loan underwriters
The most common foreign language among consumer loan underwriters is Spanish at 61.0%. The second-most popular foreign language spoken is French at 7.0% and Russian is the third-most popular at 5.0%.
- Spanish, 61.0%
- French, 7.0%
- Russian, 5.0%
- Portuguese, 3.0%
- Chinese, 3.0%
- Other, 21.0%
Consumer loan underwriter languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 61.0% |
| French | 7.0% |
| Russian | 5.0% |
| Portuguese | 3.0% |
| Chinese | 3.0% |
| Other | 21.0% |
