Finance technician demographics and statistics in the US
Finance technician demographics research summary. Zippia estimates finance technician demographics and statistics in the United States by using a database of 30 million profiles. Our finance technician 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 technicians after extensive research and analysis:
- There are over 5,872 finance technicians currently employed in the United States.
- 58.8% of all finance technicians are women, while 41.2% are men.
- The average finance technician age is 51 years old.
- The most common ethnicity of finance technicians is White (67.8%), followed by Hispanic or Latino (14.4%), Black or African American (6.8%) and Asian (6.5%).
- Finance technicians are most in-demand in Atlanta, GA.
- The government industry is the highest-paying for finance technicians.
- 7% of all finance technicians are LGBT.
On this page
Finance technician demographics by:
Finance technician gender statistics
58.8% of finance technicians are women and 41.2% of finance technicians are men.
- Female, 58.8%
- Male, 41.2%
Finance technician gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.8% |
| Male | 41.2% |
Finance technician gender pay gap
Women earn 96¢ for every $1 earned by men
Male income
$46,196
Female income
$44,445
Finance technician gender ratio over time
This data breaks down the percentage of men and women in finance technician positions over time. Currently, 58.8% of finance technicians are female.
Finance technician gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 36.19% | 63.81% |
| 2011 | 37.10% | 62.90% |
| 2012 | 37.51% | 62.49% |
| 2013 | 37.54% | 62.46% |
| 2014 | 36.83% | 63.17% |
| 2015 | 39.09% | 60.91% |
| 2016 | 37.59% | 62.41% |
| 2017 | 38.93% | 61.07% |
| 2018 | 40.86% | 59.14% |
| 2019 | 36.36% | 63.64% |
| 2020 | 37.81% | 62.19% |
| 2021 | 41.22% | 58.78% |
Finance technician related jobs gender ratio
We compared finance technicians 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% |
| Finance Technician | 41% | 59% |
| Recovery Agent | 69% | 31% |
| Time Recorder | 71% | 29% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Finance technician demographics by race
The most common ethnicity among finance technicians is White, which makes up 67.8% of all finance technicians. Comparatively, 14.4% of finance technicians are Hispanic or Latino and 6.8% of finance technicians are Black or African American.
- White, 67.8%
- Hispanic or Latino, 14.4%
- Black or African American, 6.8%
- Asian, 6.5%
- Unknown, 4.0%
- American Indian and Alaska Native, 0.5%
Finance technician race
| Finance technician race | Percentages |
|---|---|
| White | 67.8% |
| Hispanic or Latino | 14.4% |
| Black or African American | 6.8% |
| Asian | 6.5% |
| Unknown | 4.0% |
| American Indian and Alaska Native | 0.5% |
Finance technician race and ethnicity over time
See how finance technician racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Finance technician race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.50% | 7.68% | 5.16% | 11.62% |
| 2011 | 73.00% | 8.16% | 5.34% | 11.47% |
| 2012 | 73.06% | 7.98% | 5.36% | 11.37% |
| 2013 | 72.30% | 8.02% | 5.79% | 11.79% |
| 2014 | 72.82% | 7.66% | 5.75% | 11.72% |
| 2015 | 72.14% | 7.45% | 5.93% | 12.19% |
| 2016 | 70.91% | 8.02% | 5.77% | 12.90% |
| 2017 | 71.49% | 7.35% | 6.12% | 12.65% |
| 2018 | 70.95% | 7.08% | 6.24% | 13.57% |
| 2019 | 71.92% | 6.94% | 6.28% | 12.69% |
| 2020 | 69.69% | 6.45% | 5.94% | 13.68% |
| 2021 | 67.77% | 6.75% | 6.53% | 14.36% |
Finance technician wage gap by race
According to our data, asian finance technicians have the highest average salary compared to other ethnicities. Black or african american finance technicians have the lowest average salary at $45,017.
| Ethnicity | Salary |
|---|---|
| Unknown | $45,623 |
| White | $45,668 |
| Black or African American | $45,017 |
| Asian | $48,614 |
| Hispanic or Latino | $46,141 |
Average finance technician age
See how the average age of finance technicians varies based on ethnicity and gender.
Male
Female
Finance technician age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 44 | 53 |
| Unknown | 40 | 49 |
| Asian | 49 | 50 |
| Hispanic or Latino | 42 | 46 |
| White | 47 | 55 |
| American Indian and Alaska Native | 49 |
Finance technician age breakdown
The average age of finance technicians is 40+ years years old, representing 81% of the finance technician population.
Finance technician age breakdown
| Finance Technician Years | Percentages |
|---|---|
| 40+ years | 81% |
| 30-40 years | 15% |
| 20-30 years | 4% |
Finance technician educational attainment
The most common degree for finance technicians is bachelor's degree, with 48% of finance technicians earning that degree. The second and third most common degree levels are associate degree degree at 28% and associate degree degree at 12%.
- Bachelor's, 48%
- Associate, 28%
- High School Diploma, 12%
- Master's, 9%
- Other Degrees, 3%
Finance technicians by degree level
| Finance technician degree | Percentages |
|---|---|
| Bachelor's | 48% |
| Associate | 28% |
| High School Diploma | 12% |
| Master's | 9% |
| Other Degrees | 3% |
Finance technician jobs you might like
Finance technician wage gap by degree level
According to the data, finance technicians with a Bachelor's degree earn more than those without, at $48,367 annually. With a Master's degree, finance technicians earn a median annual income of $47,583 compared to $47,195 for finance technicians with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $47,583 |
| High School Diploma or Less | $47,025 |
| Bachelor's Degree | $48,367 |
| Some College/ Associate Degree | $47,195 |
Finance technician employment statistics
Most finance technicians work for a private in the education industry.
Company size where finance technicians work
Below, you can see the size of companies where finance technicians work.
Finance technician jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 11% |
| 100 - 500 employees | 25% |
| 500 - 1,000 employees | 13% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 21% |
Finance technician jobs by company type
Employees with the finance technician job title have their preferences when it comes to working for a company. For instance, most finance technicians prefer to work at private companies over education companies.
Finance technician jobs by sector
| Company type | Percentages |
|---|---|
| Education | 31% |
| Public | 14% |
| Private | 32% |
| Government | 23% |
Finance technician jobs by industry
The most common industries for finance technicians are education, government and professional.
Finance technician industry statistics
| Industry | Percentages |
|---|---|
| Education | 27% |
| Government | 19% |
| Fortune 500 | 9% |
| Professional | 8% |
| Finance | 6% |
| Insurance | 5% |
| Health Care | 4% |
| Technology | 4% |
| Manufacturing | 3% |
| Retail | 3% |
| Non Profits | 3% |
| Media | 1% |
| Transportation | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Construction | 1% |
| Energy | 1% |
| Real Estate | 1% |
Finance technician turnover and employment statistics
Finance technician unemployment rate over time
The unemployment rate for finance technicians between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Finance technician unemployment rate by year
| Year | Finance technician unemployment rate |
|---|---|
| 2010 | 7.59% |
| 2011 | 6.86% |
| 2012 | 5.76% |
| 2013 | 4.97% |
| 2014 | 3.61% |
| 2015 | 3.03% |
| 2016 | 3.09% |
| 2017 | 2.57% |
| 2018 | 2.46% |
| 2019 | 2.53% |
| 2020 | 3.31% |
| 2021 | 3.68% |
Average finance technician tenure
The average finance technician stays at their job for 1-2 years, based on the 2,436 finance technicians resumes in Zippia's database.
Finance technician tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 14% |
| 1-2 years | 29% |
| 3-4 years | 23% |
| 5-7 years | 16% |
| 8-10 years | 7% |
| 11+ years | 11% |
Finance technician LGBT ratio compared to similar jobs
Review the percent of finance technicians 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 |
| Finance Technician | 6.92% | - |
| Receiving Teller | 7.10% | 17,153 |
| Medical Billing, Receptionist | 7.32% | 115,714 |
| Dunner | 7.90% | 125 |
| Payroll Assistant | 9.54% | 7,063 |
| Gaming Cage Worker | 10.47% | 19,914 |
Similar finance technician jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Procurement Administrator | 6.59% | 56,668 |
| Receiving Teller | 7.10% | 17,153 |
| Medical Billing, Receptionist | 7.32% | 115,714 |
| Dunner | 7.90% | 125 |
| Payroll Assistant | 9.54% | 7,063 |
| Gaming Cage Worker | 10.47% | 19,914 |
Foreign languages spoken by finance technicians
The most common foreign language among finance technicians is Spanish at 55.6%. The second-most popular foreign language spoken is French at 10.0% and Portuguese is the third-most popular at 5.6%.
- Spanish, 55.6%
- French, 10.0%
- Portuguese, 5.6%
- German, 5.6%
- Arabic, 3.3%
- Other, 19.9%
Finance technician languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 55.6% |
| French | 10.0% |
| Portuguese | 5.6% |
| German | 5.6% |
| Arabic | 3.3% |
| Other | 19.9% |
