Lender demographics and statistics in the US
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Lender demographics by:
Lender gender statistics
50.8% of lenders are women and 49.2% of lenders are men.
- Female, 50.8%
- Male, 49.2%
Lender gender ratio
| Gender | Percentages |
|---|---|
| Female | 50.8% |
| Male | 49.2% |
Lender gender pay gap
Women earn 88¢ for every $1 earned by men
Male Income
$40,590
Female Income
$35,648
Lender gender ratio over time
This data breaks down the percentage of men and women in lender positions over time. Currently, 50.8% of lenders are female.
Lender gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 50.07% | 49.93% |
| 2011 | 47.72% | 52.28% |
| 2012 | 48.13% | 51.87% |
| 2013 | 49.17% | 50.83% |
| 2014 | 49.41% | 50.59% |
| 2015 | 46.82% | 53.18% |
| 2016 | 51.41% | 48.59% |
| 2017 | 49.36% | 50.64% |
| 2018 | 50.20% | 49.80% |
| 2019 | 48.07% | 51.93% |
| 2020 | 50.55% | 49.45% |
| 2021 | 49.20% | 50.80% |
Lender related jobs gender ratio
We compared lenders 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% |
| Lender | 49% | 51% |
| 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%
Lender demographics by race
The most common ethnicity among lenders is White, which makes up 62.9% of all lenders. Comparatively, 16.3% of lenders are Hispanic or Latino and 9.3% of lenders are Black or African American.
- White, 62.9%
- Hispanic or Latino, 16.3%
- Black or African American, 9.3%
- Asian, 6.3%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.6%
Lender Race
| Lender Race | Percentages |
|---|---|
| White | 62.9% |
| Hispanic or Latino | 16.3% |
| Black or African American | 9.3% |
| Asian | 6.3% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.6% |
Lender race and ethnicity over time
See how lender racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
- White
- Asian
- Hispanic or Latino
- Black or African American
Lender race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.05% | 9.90% | 5.30% | 14.00% |
| 2011 | 68.47% | 10.20% | 5.39% | 14.10% |
| 2012 | 67.98% | 9.76% | 6.55% | 13.50% |
| 2013 | 67.80% | 9.55% | 6.60% | 13.64% |
| 2014 | 67.04% | 9.37% | 6.20% | 14.97% |
| 2015 | 68.71% | 8.73% | 6.23% | 13.87% |
| 2016 | 68.74% | 9.80% | 6.10% | 13.69% |
| 2017 | 69.26% | 9.02% | 5.82% | 13.71% |
| 2018 | 68.27% | 8.42% | 6.29% | 14.95% |
| 2019 | 67.29% | 8.53% | 6.69% | 15.20% |
| 2020 | 66.00% | 9.07% | 5.95% | 14.92% |
| 2021 | 62.95% | 9.34% | 6.34% | 16.25% |
Lender wage gap by race
According to our data, asian lenders have the highest average salary compared to other ethnicities. Black or african american lenders have the lowest average salary at $37,820.
| Ethnicity | Salary |
|---|---|
| Unknown | $41,315 |
| White | $41,610 |
| Black or African American | $37,820 |
| Asian | $43,122 |
| Hispanic or Latino | $39,297 |
Average lender age
See how the average age of lenders varies based on ethnicity and gender.
Male
Female
Lender 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 |
Lender age breakdown
The average age of lenders is 40+ years years old, representing 64% of the lender population.
Lender age breakdown
| Lender Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Lender educational attainment
The most common degree for lenders is bachelor's degree, with 63% of lenders earning that degree. The second and third most common degree levels are associate degree degree at 16% and associate degree degree at 9%.
- Bachelor's, 63%
- Associate, 16%
- Master's, 9%
- High School Diploma, 6%
- Other Degrees, 6%
Lenders by degree level
| Lender Degree | Percentages |
|---|---|
| Bachelor's | 63% |
| Associate | 16% |
| Master's | 9% |
| High School Diploma | 6% |
| Other Degrees | 6% |
Lender Jobs You Might Like
Lender wage gap by degree level
According to the data, lenders with a Master's degree earn more than those without, at $46,085 annually. With a Bachelor's degree, lenders earn a median annual income of $42,290 compared to $37,436 for lenders with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $46,085 |
| High School Diploma or Less | $37,106 |
| Bachelor's Degree | $42,290 |
| Some College/ Associate Degree | $37,436 |
Lender employment statistics
Company size where lenders work
Below, you can see the size of companies where lenders work.
Lender jobs by employer size
| Company Size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 24% |
| 100 - 500 employees | 30% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 9% |
| > 10,000 employees | 24% |
Lender turnover and employment statistics
Lender unemployment rate over time
The unemployment rate for lenders between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
- Unemployment rate
Lender unemployment rate by year
| Year | Lender 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 lender tenure
The average lender stays at their job for 1-2 years, based on the 735 lenders resumes in Zippia's database.
Lender tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 19% |
| 1-2 years | 36% |
| 3-4 years | 18% |
| 5-7 years | 13% |
| 8-10 years | 6% |
| 11+ years | 8% |
Lender LGBT ratio compared to similar jobs
Review the percent of lenders 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 |
|---|---|---|
| Investment Banking Internship | 7.33% | 62,819 |
| Accountant Helper | 7.40% | 47,139 |
| Tax Evaluator | 7.56% | 26,823 |
| Estate Tax Examiner | 7.65% | 40,055 |
| Lender | 7.87% | - |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Payroll Examiner | 19.38% | 7,896 |
Similar lender jobs LGBT demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Investment Banking Internship | 7.33% | 62,819 |
| Accountant Helper | 7.40% | 47,139 |
| Tax Evaluator | 7.56% | 26,823 |
| Estate Tax Examiner | 7.65% | 40,055 |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Payroll Examiner | 19.38% | 7,896 |
Foreign languages spoken by lenders
The most common foreign language among lenders is Spanish at 80.0%. The second-most popular foreign language spoken is Bosnian at 6.7% and Croatian is the third-most popular at 6.7%.
- Spanish, 80.0%
- Bosnian, 6.7%
- Croatian, 6.7%
- Serbian, 6.7%
Lender languages spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 80.0% |
| Bosnian | 6.7% |
| Croatian | 6.7% |
| Serbian | 6.7% |
