Finance service representative demographics and statistics in the US
Finance service representative demographics research summary. Zippia estimates finance service representative demographics and statistics in the United States by using a database of 30 million profiles. Our finance service representative 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 service representatives after extensive research and analysis:
- There are over 234,413 finance service representatives currently employed in the United States.
- 58.8% of all finance service representatives are women, while 41.2% are men.
- The average finance service representative age is 43 years old.
- The most common ethnicity of finance service representatives is White (67.9%), followed by Hispanic or Latino (11.9%), Asian (10.1%) and Black or African American (5.7%).
- In 2022, women earned 92% of what men earned.
- 6% of all finance service representatives are LGBT.
- Finance service representatives are 63% more likely to work at private companies in comparison to public companies.
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Finance service representative demographics by:
Finance service representative gender statistics
58.8% of finance service representatives are women and 41.2% of finance service representatives are men.
- Female, 58.8%
- Male, 41.2%
Finance service representative gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.8% |
| Male | 41.2% |
Finance service representative gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$36,799
Female income
$33,785
Finance service representative gender ratio over time
This data breaks down the percentage of men and women in finance service representative positions over time. Currently, 58.8% of finance service representatives are female.
Finance service representative gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 35.37% | 64.63% |
| 2011 | 33.49% | 66.51% |
| 2012 | 35.19% | 64.81% |
| 2013 | 34.90% | 65.10% |
| 2014 | 34.23% | 65.77% |
| 2015 | 35.62% | 64.38% |
| 2016 | 36.47% | 63.53% |
| 2017 | 35.86% | 64.14% |
| 2018 | 37.14% | 62.86% |
| 2019 | 40.54% | 59.46% |
| 2020 | 40.28% | 59.72% |
| 2021 | 41.21% | 58.79% |
Finance service representative related jobs gender ratio
We compared finance service representatives 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% |
| Finance Service Representative | 41% | 59% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Finance service representative demographics by race
The most common ethnicity among finance service representatives is White, which makes up 67.9% of all finance service representatives. Comparatively, 11.9% of finance service representatives are Hispanic or Latino and 10.1% of finance service representatives are Asian.
- White, 67.9%
- Hispanic or Latino, 11.9%
- Asian, 10.1%
- Black or African American, 5.7%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Finance service representative race
| Finance service representative race | Percentages |
|---|---|
| White | 67.9% |
| Hispanic or Latino | 11.9% |
| Asian | 10.1% |
| Black or African American | 5.7% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Finance service representative race and ethnicity over time
See how finance service representative racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Finance service representative race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 75.42% | 6.33% | 6.04% | 10.67% |
| 2011 | 75.54% | 5.96% | 6.87% | 10.17% |
| 2012 | 73.90% | 6.01% | 6.91% | 11.76% |
| 2013 | 74.37% | 5.28% | 7.53% | 10.74% |
| 2014 | 74.81% | 5.73% | 7.23% | 10.70% |
| 2015 | 74.44% | 5.86% | 7.51% | 10.32% |
| 2016 | 72.92% | 5.55% | 7.82% | 11.89% |
| 2017 | 73.21% | 5.41% | 7.61% | 11.66% |
| 2018 | 71.37% | 5.42% | 9.06% | 11.80% |
| 2019 | 73.25% | 5.77% | 8.39% | 10.70% |
| 2020 | 70.26% | 5.73% | 8.21% | 12.24% |
| 2021 | 67.95% | 5.69% | 10.10% | 11.92% |
Finance service representative wage gap by race
According to our data, unknown finance service representatives have the highest average salary compared to other ethnicities. Black or african american finance service representatives have the lowest average salary at $34,173.
| Ethnicity | Salary |
|---|---|
| Unknown | $38,488 |
| White | $38,236 |
| Black or African American | $34,173 |
| Asian | $37,696 |
| Hispanic or Latino | $35,595 |
Average finance service representative age
See how the average age of finance service representatives varies based on ethnicity and gender.
Male
Female
Finance service representative 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 |
Finance service representative age breakdown
The average age of finance service representatives is 40+ years years old, representing 58% of the finance service representative population.
Finance service representative age breakdown
| Finance Service Representative Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Finance service representative educational attainment
The most common degree for finance service representatives is bachelor's degree, with 60% of finance service representatives earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 11%.
- Bachelor's, 60%
- Associate, 18%
- High School Diploma, 11%
- Master's, 6%
- Other Degrees, 5%
Finance service representatives by degree level
| Finance service representative degree | Percentages |
|---|---|
| Bachelor's | 60% |
| Associate | 18% |
| High School Diploma | 11% |
| Master's | 6% |
| Other Degrees | 5% |
Finance service representative jobs you might like
Finance service representative wage gap by degree level
According to the data, finance service representatives with a Master's degree earn more than those without, at $46,157 annually. With a Doctorate degree, finance service representatives earn a median annual income of $42,437 compared to $38,322 for finance service representatives with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $46,157 |
| Bachelor's Degree | $38,322 |
| Doctorate Degree | $42,437 |
Finance service representative employment statistics
Most finance service representatives work for a private in the finance industry.
Company size where finance service representatives work
Below, you can see the size of companies where finance service representatives work.
Finance service representative jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 4% |
| 50 - 100 employees | 17% |
| 100 - 500 employees | 23% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 23% |
Finance service representative jobs by company type
Employees with the finance service representative job title have their preferences when it comes to working for a company. For instance, most finance service representatives prefer to work at private companies over public companies.
Finance service representative jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 33% |
| Private | 63% |
| Government | 2% |
Finance service representative jobs by industry
The most common industries for finance service representatives are finance, health care and professional.
Finance service representative industry statistics
| Industry | Percentages |
|---|---|
| Finance | 49% |
| Health Care | 13% |
| Fortune 500 | 13% |
| Professional | 4% |
| Insurance | 4% |
| Telecommunication | 3% |
| Technology | 3% |
| Media | 1% |
| Government | 1% |
| Construction | 1% |
| Manufacturing | 1% |
| Retail | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Education | 1% |
Finance service representative turnover and employment statistics
Finance service representative unemployment rate over time
The unemployment rate for finance service representatives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Finance service representative unemployment rate by year
| Year | Finance service representative 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 finance service representative tenure
The average finance service representative stays at their job for 1-2 years, based on the 23,083 finance service representatives resumes in Zippia's database.
Finance service representative tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 21% |
| 1-2 years | 40% |
| 3-4 years | 15% |
| 5-7 years | 14% |
| 8-10 years | 5% |
| 11+ years | 6% |
Finance service representative LGBT ratio compared to similar jobs
Review the percent of finance service representatives 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 |
| Finance Service Representative | 5.67% | - |
| Insurance Solicitor | 6.79% | 36,343 |
| Advertising Sales Assistant | 9.53% | 14,214 |
| Travel Specialist | 17.39% | 7,580 |
Similar finance service representative jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Account Development Representative | 5.13% | 271,837 |
| Insurance Solicitor | 6.79% | 36,343 |
| Advertising Sales Assistant | 9.53% | 14,214 |
| Travel Specialist | 17.39% | 7,580 |
Foreign languages spoken by finance service representatives
The most common foreign language among finance service representatives is Spanish at 63.4%. The second-most popular foreign language spoken is French at 7.2% and Chinese is the third-most popular at 3.2%.
- Spanish, 63.4%
- French, 7.2%
- Chinese, 3.2%
- Mandarin, 3.1%
- Russian, 3.0%
- Other, 20.1%
Finance service representative languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 63.4% |
| French | 7.2% |
| Chinese | 3.2% |
| Mandarin | 3.1% |
| Russian | 3.0% |
| Other | 20.1% |
