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Finance aid counselor demographics and statistics in the US

Finance aid counselor demographics research summary. Zippia estimates finance aid counselor demographics and statistics in the United States by using a database of 30 million profiles. Our finance aid counselor estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about finance aid counselors after extensive research and analysis:

  • There are over 17,326 finance aid counselors currently employed in the United States.
  • 71.8% of all finance aid counselors are women, while 28.2% are men.
  • The average finance aid counselor age is 44 years old.
  • The most common ethnicity of finance aid counselors is White (63.4%), followed by Hispanic or Latino (15.9%), Black or African American (9.2%) and Asian (6.4%).
  • In 2022, women earned 92% of what men earned.
  • 8% of all finance aid counselors are LGBT.
  • Finance aid counselors are 97% more likely to work at education companies in comparison to private companies.
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Finance aid counselor demographics by:

Finance aid counselor gender statistics

71.8% of finance aid counselors are women and 28.2% of finance aid counselors are men.
  • Female, 71.8%
  • Male, 28.2%

Finance aid counselor gender ratio

GenderPercentages
Female71.8%
Male28.2%

Finance aid counselor gender pay gap

Women earn 92¢ for every $1 earned by men

male-income
Male income
$39,411
female-income
Female income
$36,395

Finance aid counselor gender ratio over time

This data breaks down the percentage of men and women in finance aid counselor positions over time. Currently, 71.8% of finance aid counselors are female.
Male
Female
100%
80%
60%
40%
20%
0%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021

Finance aid counselor gender ratio by year

YearMaleFemale
201028.92%71.08%
201127.03%72.97%
201227.36%72.64%
201328.19%71.81%
201428.39%71.61%
201526.32%73.68%
201630.04%69.96%
201728.34%71.66%
201829.03%70.97%
201927.31%72.69%
202029.32%70.68%
202128.22%71.78%

Finance aid counselor related jobs gender ratio

We compared finance aid counselors 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 titleMaleFemale
Escrow Officer15%85%
Customs Verifier20%80%
Credit Assistant20%80%
Finance Aid Counselor28%72%
Head Analyst86%14%
Chartered Finance Analyst90%10%
Renewable Energy System Finance Specialist92%8%

Finance aid counselor demographics by race

The most common ethnicity among finance aid counselors is White, which makes up 63.4% of all finance aid counselors. Comparatively, 15.9% of finance aid counselors are Hispanic or Latino and 9.2% of finance aid counselors are Black or African American.
  • White, 63.4%
  • Hispanic or Latino, 15.9%
  • Black or African American, 9.2%
  • Asian, 6.4%
  • Unknown, 4.6%
  • American Indian and Alaska Native, 0.5%

Finance aid counselor race

Finance aid counselor racePercentages
White63.4%
Hispanic or Latino15.9%
Black or African American9.2%
Asian6.4%
Unknown4.6%
American Indian and Alaska Native0.5%

Finance aid counselor race and ethnicity over time

See how finance aid counselor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.

Finance aid counselor race and ethnicity by year

YearWhiteBlack or African AmericanAsianHispanic or Latino
201069.50%9.74%5.34%13.68%
201168.91%10.04%5.43%13.78%
201268.43%9.61%6.59%13.18%
201368.24%9.39%6.63%13.33%
201467.48%9.22%6.24%14.65%
201569.15%8.57%6.27%13.55%
201669.19%9.65%6.14%13.37%
201769.71%8.87%5.86%13.39%
201868.71%8.27%6.33%14.63%
201967.73%8.37%6.73%14.88%
202066.44%8.92%5.99%14.60%
202163.39%9.18%6.38%15.93%

Finance aid counselor wage gap by race

$42,000
$41,000
$40,000
$39,000
$38,000
$37,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
EthnicitySalary
Unknown$39,851
White$40,013
Black or African American$37,715
Asian$40,925
Hispanic or Latino$38,634

Average finance aid counselor age

See how the average age of finance aid counselors varies based on ethnicity and gender.
Male
Female

Finance aid counselor age by race and gender

RaceMale ageFemale age
Unknown4341
White4446
Black or African American42.542
Asian4245
Hispanic or Latino40.541

Finance aid counselor age breakdown

The average age of finance aid counselors is 40+ years years old, representing 64% of the finance aid counselor population.

40+ years

30-40 years

20-30 years


Finance aid counselor age breakdown

Finance Aid Counselor YearsPercentages
40+ years64%
30-40 years26%
20-30 years10%

Finance aid counselor educational attainment

  • Bachelor's, 66%
  • Master's, 17%
  • Associate, 13%
  • High School Diploma, 2%
  • Other Degrees, 2%

Finance aid counselors by degree level

Finance aid counselor degreePercentages
Bachelor's66%
Master's17%
Associate13%
High School Diploma2%
Other Degrees2%

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Finance aid counselor wage gap by degree level

$44,000
$42,000
$40,000
$38,000
$36,000
Master's Degree
High School Diploma or Less
Bachelor's Degree
Some College/ Associate Degree
EducationSalary
Master's Degree$42,626
High School Diploma or Less$37,299
Bachelor's Degree$40,408
Some College/ Associate Degree$37,488

Finance aid counselor employment statistics

Most finance aid counselors work for a education in the education industry.

Company size where finance aid counselors work

Below, you can see the size of companies where finance aid counselors work.

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Finance aid counselor jobs by employer size

Company sizePercentages
< 50 employees2%
50 - 100 employees9%
100 - 500 employees27%
500 - 1,000 employees20%
1,000 - 10,000 employees37%
> 10,000 employees6%

Finance aid counselor jobs by company type

Employees with the finance aid counselor job title have their preferences when it comes to working for a company. For instance, most finance aid counselors prefer to work at education companies over private companies.

Education

Public

Private

Government

Finance aid counselor jobs by sector

Company typePercentages
Education97%
Public1%
Private2%
Government1%

Finance aid counselor jobs by industry

The most common industries for finance aid counselors are education, manufacturing and professional.

Education

Manufacturing

Professional

Finance aid counselor industry statistics

IndustryPercentages
Education95%
Manufacturing2%
Professional1%

Finance aid counselor turnover and employment statistics

Finance aid counselor unemployment rate over time

The unemployment rate for finance aid counselors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.

Finance aid counselor unemployment rate by year

YearFinance aid counselor unemployment rate
20107.62%
20116.08%
20124.66%
20133.31%
20144.27%
20152.27%
20162.06%
20171.56%
20181.99%
20191.92%
20201.62%
20212.33%

Average finance aid counselor tenure

The average finance aid counselor stays at their job for 1-2 years, based on the 2,359 finance aid counselors resumes in Zippia's database.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Finance aid counselor tenure statistics

Number of yearsPercentages
Less than 1 year16%
1-2 years40%
3-4 years18%
5-7 years13%
8-10 years6%
11+ years7%

Finance aid counselor LGBT ratio compared to similar jobs

Review the percent of finance aid counselors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
Job titleLGBTJob openings
Equity Research Analyst7.33%85,974
Lead Auditor7.40%20,504
Tax Preparer7.56%41,736
Customs Verifier7.65%1,264
Finance Aid Counselor7.87%-
Senior Budget Analyst12.94%43,424
Senior Examiner19.38%2,135

Similar finance aid counselor jobs LGBT demographics

ProfessionPercentages of LGBT Job openings
Equity Research Analyst7.33%85,974
Lead Auditor7.40%20,504
Tax Preparer7.56%41,736
Customs Verifier7.65%1,264
Senior Budget Analyst12.94%43,424
Senior Examiner19.38%2,135

Foreign languages spoken by finance aid counselors

The most common foreign language among finance aid counselors is Spanish at 65.1%. The second-most popular foreign language spoken is French at 4.8% and Russian is the third-most popular at 3.6%.
  • Spanish, 65.1%
  • French, 4.8%
  • Russian, 3.6%
  • Italian, 2.4%
  • Chinese, 2.4%
  • Other, 21.7%

Finance aid counselor languages spoken

Foreign languagePercentages
Spanish65.1%
French4.8%
Russian3.6%
Italian2.4%
Chinese2.4%
Other21.7%

Finance aid counselor jobs

Finance aid counselor location demographics

The amount you can make as a finance aid counselor can depend on where you live. For example, the highest salary of finance aid counselors is $44,186. Use our chart to find out where that salary is located.

Where do finance aid counselors earn the most?

Finance aid counselors earn the most in New York, where the average finance aid counselor salary is $49,584. The map here shows where finance aid counselors earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.
Average salary

Which city has the most Finance Aid Counselors?

By looking through more than 2,359 resumes, we found that the most popular places for finance aid counselors are New York, NY and Philadelphia, PA.
Number of Finance Aid Counselors

Finance aid counselor jobs by state

RankStateNumber of jobsAverage salary
1California5,612$42,407
2New York3,466$49,584
3Texas3,060$31,500
4Florida3,058$37,390
5Illinois2,695$35,278
6New Jersey1,913$42,541
7Georgia1,759$30,493
8Massachusetts1,704$43,672
9Virginia1,684$33,442
10Pennsylvania1,677$37,381
11Ohio1,647$37,711
12North Carolina1,622$34,133
13Washington1,582$30,360
14Michigan1,543$35,085
15Minnesota1,253$33,699
16Tennessee1,123$32,739
17Maryland1,096$40,494
18Indiana1,040$32,203
19Arizona1,040$31,512
20Wisconsin1,039$32,543
21Missouri1,004$36,254
22Colorado958$35,245
23Oregon872$33,642
24Connecticut871$44,208
25South Carolina696$30,114
26Alabama680$34,410
27Utah570$40,163
28Iowa459$34,465
29Kentucky457$36,260
30Louisiana411$31,695
31New Mexico328$29,299
32Nevada286$40,397
33Idaho271$30,888
34Nebraska262$40,348
35Delaware244$44,605
36New Hampshire232$43,145
37Mississippi227$41,646
38Maine180$32,233
39West Virginia169$37,930
40Hawaii168$35,372
41Rhode Island167$44,095
42Montana158$29,945
43Arkansas157$29,208
44North Dakota156$41,268
45Oklahoma143$29,785
46Alaska129$41,717
47Wyoming111$32,280
48South Dakota111$30,368
49Vermont107$42,177
50Kansas106$34,071
51District of Columbia100$44,158

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