Credit processor demographics and statistics in the US
Credit processor demographics research summary. Zippia estimates credit processor demographics and statistics in the United States by using a database of 30 million profiles. Our credit processor estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about credit processors after extensive research and analysis:
- There are over 6,720 credit processors currently employed in the United States.
- 74.7% of all credit processors are women, while 25.3% are men.
- The average credit processor age is 43 years old.
- The most common ethnicity of credit processors is White (64.4%), followed by Hispanic or Latino (17.4%), Black or African American (9.8%) and Asian (4.0%).
- In 2022, women earned 96% of what men earned.
- 9% of all credit processors are LGBT.
- Credit processors are 60% more likely to work at private companies in comparison to public companies.
On this page
Credit processor demographics by:
Credit processor gender statistics
74.7% of credit processors are women and 25.3% of credit processors are men.
- Female, 74.7%
- Male, 25.3%
Credit processor gender ratio
| Gender | Percentages |
|---|---|
| Female | 74.7% |
| Male | 25.3% |
Credit processor gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$36,789
Female income
$35,238
Credit processor gender ratio over time
This data breaks down the percentage of men and women in credit processor positions over time. Currently, 74.7% of credit processors are female.
Credit processor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 25.51% | 74.49% |
| 2011 | 26.54% | 73.46% |
| 2012 | 28.33% | 71.67% |
| 2013 | 27.99% | 72.01% |
| 2014 | 33.77% | 66.23% |
| 2015 | 26.03% | 73.97% |
| 2016 | 28.66% | 71.34% |
| 2017 | 26.91% | 73.09% |
| 2018 | 30.68% | 69.32% |
| 2019 | 30.99% | 69.01% |
| 2020 | 24.62% | 75.38% |
| 2021 | 25.29% | 74.71% |
Credit processor related jobs gender ratio
We compared credit processors with similar job titles to see how gender ratios vary. As you can see, technical service advisor and courtesy associate have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Loan Secretary | 4% | 96% |
| Dental Receptionist | 5% | 95% |
| Receptionist Secretary | 6% | 94% |
| Credit Processor | 25% | 75% |
| Lead Ramp Agent | 86% | 14% |
| Courtesy Associate | 88% | 12% |
| Technical Service Advisor | 89% | 11% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Credit processor demographics by race
The most common ethnicity among credit processors is White, which makes up 64.4% of all credit processors. Comparatively, 17.4% of credit processors are Hispanic or Latino and 9.8% of credit processors are Black or African American.
- White, 64.4%
- Hispanic or Latino, 17.4%
- Black or African American, 9.8%
- Asian, 4.0%
- Unknown, 3.9%
- American Indian and Alaska Native, 0.5%
Credit processor race
| Credit processor race | Percentages |
|---|---|
| White | 64.4% |
| Hispanic or Latino | 17.4% |
| Black or African American | 9.8% |
| Asian | 4.0% |
| Unknown | 3.9% |
| American Indian and Alaska Native | 0.5% |
Credit processor race and ethnicity over time
See how credit processor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Credit processor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 65.63% | 11.74% | 5.17% | 15.88% |
| 2011 | 67.51% | 11.51% | 5.54% | 13.00% |
| 2012 | 67.63% | 10.20% | 6.45% | 14.50% |
| 2013 | 64.04% | 12.24% | 5.43% | 16.39% |
| 2014 | 66.69% | 11.29% | 4.91% | 14.36% |
| 2015 | 59.17% | 11.04% | 6.48% | 20.20% |
| 2016 | 64.63% | 10.92% | 6.74% | 15.31% |
| 2017 | 65.97% | 9.37% | 6.03% | 16.58% |
| 2018 | 61.96% | 12.91% | 6.75% | 16.36% |
| 2019 | 63.98% | 9.03% | 4.31% | 19.90% |
| 2020 | 62.74% | 12.80% | 4.17% | 17.54% |
| 2021 | 64.38% | 9.79% | 3.96% | 17.42% |
Credit processor wage gap by race
According to our data, black or african american credit processors have the highest average salary compared to other ethnicities. White credit processors have the lowest average salary at $35,871.
| Ethnicity | Salary |
|---|---|
| Unknown | $35,946 |
| White | $35,871 |
| Black or African American | $38,277 |
| Asian | $37,650 |
| Hispanic or Latino | $36,264 |
Average credit processor age
See how the average age of credit processors varies based on ethnicity and gender.
Male
Female
Credit processor age by race and gender
| Race | Male age | Female age |
|---|---|---|
| White | 38 | 44 |
| Black or African American | 45 | |
| Hispanic or Latino | 32 | 41 |
Credit processor age breakdown
The average age of credit processors is 40+ years years old, representing 57% of the credit processor population.
Credit processor age breakdown
| Credit Processor Years | Percentages |
|---|---|
| 40+ years | 57% |
| 30-40 years | 31% |
| 20-30 years | 13% |
Credit processor educational attainment
The most common degree for credit processors is bachelor's degree, with 41% of credit processors earning that degree. The second and third most common degree levels are associate degree degree at 24% and associate degree degree at 21%.
- Bachelor's, 41%
- Associate, 24%
- High School Diploma, 21%
- Diploma, 6%
- Other Degrees, 8%
Credit processors by degree level
| Credit processor degree | Percentages |
|---|---|
| Bachelor's | 41% |
| Associate | 24% |
| High School Diploma | 21% |
| Diploma | 6% |
| Other Degrees | 8% |
Credit processor jobs you might like
Credit processor wage gap by degree level
According to the data, credit processors with a Bachelor's degree earn more than those without, at $35,809 annually. With a High School Diploma degree, credit processors earn a median annual income of $32,321 compared to $32,218 for credit processors with an Associate degree.
| Education | Salary |
|---|---|
| High School Diploma or Less | $32,321 |
| Bachelor's Degree | $35,809 |
| Some College/ Associate Degree | $32,218 |
Credit processor employment statistics
Most credit processors work for a private in the finance industry.
Company size where credit processors work
Below, you can see the size of companies where credit processors work.
Credit processor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 13% |
| 100 - 500 employees | 18% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 31% |
Credit processor jobs by company type
Employees with the credit processor job title have their preferences when it comes to working for a company. For instance, most credit processors prefer to work at private companies over public companies.
Credit processor jobs by sector
| Company type | Percentages |
|---|---|
| Education | 4% |
| Public | 35% |
| Private | 60% |
| Government | 1% |
Credit processor jobs by industry
The most common industries for credit processors are finance, retail and professional.
Credit processor industry statistics
| Industry | Percentages |
|---|---|
| Finance | 28% |
| Fortune 500 | 14% |
| Retail | 11% |
| Professional | 8% |
| Technology | 8% |
| Manufacturing | 6% |
| Hospitality | 3% |
| Education | 3% |
| Media | 2% |
| Automotive | 2% |
| Health Care | 2% |
| Non Profits | 2% |
| Real Estate | 2% |
| Internet | 1% |
| Transportation | 1% |
| Government | 1% |
| Construction | 1% |
| Telecommunication | 1% |
| Start-up | 1% |
| Insurance | 1% |
| Agriculture | 1% |
| Energy | 1% |
Credit processor turnover and employment statistics
Credit processor unemployment rate over time
The unemployment rate for credit processors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Credit processor unemployment rate by year
| Year | Credit processor unemployment rate |
|---|---|
| 2010 | 7.99% |
| 2011 | 5.79% |
| 2012 | 3.44% |
| 2013 | 3.48% |
| 2014 | 3.54% |
| 2015 | 2.11% |
| 2016 | 3.83% |
| 2017 | 2.57% |
| 2018 | 2.64% |
| 2019 | 3.53% |
| 2020 | 3.99% |
| 2021 | 1.44% |
Average credit processor tenure
The average credit processor stays at their job for 1-2 years, based on the 895 credit processors resumes in Zippia's database.
Credit processor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 27% |
| 1-2 years | 38% |
| 3-4 years | 14% |
| 5-7 years | 14% |
| 8-10 years | 4% |
| 11+ years | 4% |
Credit processor LGBT ratio compared to similar jobs
Review the percent of credit processors 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 |
|---|---|---|
| Order Processor | 5.53% | 34,672 |
| Eligibility Technician | 6.73% | 24,203 |
| Service Writer | 7.19% | 163,441 |
| Document Scanner | 8.60% | 3,124 |
| Credit Processor | 8.99% | - |
| Circulation Clerk | 11.16% | 66,736 |
| Personnel Clerk | 15.31% | 67,015 |
Similar credit processor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Order Processor | 5.53% | 34,672 |
| Eligibility Technician | 6.73% | 24,203 |
| Service Writer | 7.19% | 163,441 |
| Document Scanner | 8.60% | 3,124 |
| Circulation Clerk | 11.16% | 66,736 |
| Personnel Clerk | 15.31% | 67,015 |
Foreign languages spoken by credit processors
The most common foreign language among credit processors is Spanish at 67.9%. The second-most popular foreign language spoken is Italian at 7.1% and Swahili is the third-most popular at 3.6%.
- Spanish, 67.9%
- Italian, 7.1%
- Swahili, 3.6%
- Chinese, 3.6%
- German, 3.6%
- Other, 14.2%
Credit processor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 67.9% |
| Italian | 7.1% |
| Swahili | 3.6% |
| Chinese | 3.6% |
| German | 3.6% |
| Other | 14.2% |
