Loan administrator demographics and statistics in the US
Loan administrator demographics research summary. Zippia estimates loan administrator demographics and statistics in the United States by using a database of 30 million profiles. Our loan administrator estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about loan administrators after extensive research and analysis:
- There are over 6,662 loan administrators currently employed in the United States.
- 76.8% of all loan administrators are women, while 23.2% are men.
- The average loan administrator age is 44 years old.
- The most common ethnicity of loan administrators is White (63.0%), followed by Hispanic or Latino (16.2%), Black or African American (9.3%) and Asian (6.4%).
- Loan administrators are most in-demand in Chicago, IL.
- The finance industry is the highest-paying for loan administrators.
- 8% of all loan administrators are LGBT.
On this page
Loan administrator demographics by:
Loan administrator gender statistics
76.8% of loan administrators are women and 23.2% of loan administrators are men.
- Female, 76.8%
- Male, 23.2%
Loan administrator gender ratio
| Gender | Percentages |
|---|---|
| Female | 76.8% |
| Male | 23.2% |
Loan administrator gender pay gap
Women earn 90¢ for every $1 earned by men
Male income
$45,511
Female income
$40,917
Loan administrator gender ratio over time
This data breaks down the percentage of men and women in loan administrator positions over time. Currently, 76.8% of loan administrators are female.
Loan administrator gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 23.81% | 76.19% |
| 2011 | 22.15% | 77.85% |
| 2012 | 22.43% | 77.57% |
| 2013 | 23.17% | 76.83% |
| 2014 | 23.34% | 76.66% |
| 2015 | 21.53% | 78.47% |
| 2016 | 24.80% | 75.20% |
| 2017 | 23.30% | 76.70% |
| 2018 | 23.91% | 76.09% |
| 2019 | 22.39% | 77.61% |
| 2020 | 24.16% | 75.84% |
| 2021 | 23.19% | 76.81% |
Loan administrator related jobs gender ratio
We compared loan administrators 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% |
| Loan Administrator | 23% | 77% |
| 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%
Loan administrator demographics by race
The most common ethnicity among loan administrators is White, which makes up 63.0% of all loan administrators. Comparatively, 16.2% of loan administrators are Hispanic or Latino and 9.3% of loan administrators are Black or African American.
- White, 63.0%
- Hispanic or Latino, 16.2%
- Black or African American, 9.3%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Loan administrator race
| Loan administrator race | Percentages |
|---|---|
| White | 63.0% |
| Hispanic or Latino | 16.2% |
| Black or African American | 9.3% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Loan administrator race and ethnicity over time
See how loan administrator racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Loan administrator race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.06% | 9.86% | 5.40% | 13.93% |
| 2011 | 68.48% | 10.16% | 5.49% | 14.03% |
| 2012 | 67.99% | 9.73% | 6.65% | 13.43% |
| 2013 | 67.81% | 9.51% | 6.70% | 13.57% |
| 2014 | 67.04% | 9.34% | 6.30% | 14.89% |
| 2015 | 68.72% | 8.69% | 6.34% | 13.80% |
| 2016 | 68.75% | 9.77% | 6.20% | 13.61% |
| 2017 | 69.27% | 8.99% | 5.93% | 13.63% |
| 2018 | 68.28% | 8.38% | 6.39% | 14.88% |
| 2019 | 67.29% | 8.49% | 6.80% | 15.13% |
| 2020 | 66.01% | 9.04% | 6.05% | 14.84% |
| 2021 | 62.95% | 9.30% | 6.44% | 16.18% |
Loan administrator wage gap by race
According to our data, asian loan administrators have the highest average salary compared to other ethnicities. Black or african american loan administrators have the lowest average salary at $42,950.
| Ethnicity | Salary |
|---|---|
| Unknown | $46,176 |
| White | $46,447 |
| Black or African American | $42,950 |
| Asian | $47,826 |
| Hispanic or Latino | $44,320 |
Average loan administrator age
See how the average age of loan administrators varies based on ethnicity and gender.
Male
Female
Loan administrator 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 |
Loan administrator age breakdown
The average age of loan administrators is 40+ years years old, representing 64% of the loan administrator population.
Loan administrator age breakdown
| Loan Administrator Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Loan administrator educational attainment
The most common degree for loan administrators is bachelor's degree, with 58% of loan administrators earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 9%.
- Bachelor's, 58%
- Associate, 20%
- High School Diploma, 9%
- Master's, 7%
- Other Degrees, 6%
Loan administrators by degree level
| Loan administrator degree | Percentages |
|---|---|
| Bachelor's | 58% |
| Associate | 20% |
| High School Diploma | 9% |
| Master's | 7% |
| Other Degrees | 6% |
Loan administrator jobs you might like
Loan administrator wage gap by degree level
According to the data, loan administrators with a Master's degree earn more than those without, at $50,503 annually. With a Bachelor's degree, loan administrators earn a median annual income of $47,068 compared to $42,592 for loan administrators with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $50,503 |
| High School Diploma or Less | $42,284 |
| Bachelor's Degree | $47,068 |
| Some College/ Associate Degree | $42,592 |
Loan administrator employment statistics
Company size where loan administrators work
Below, you can see the size of companies where loan administrators work.
Loan administrator jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 19% |
| 100 - 500 employees | 28% |
| 500 - 1,000 employees | 9% |
| 1,000 - 10,000 employees | 22% |
| > 10,000 employees | 19% |
Loan administrator jobs by industry
The most common industries for loan administrators are finance, professional and real estate.
Loan administrator industry statistics
| Industry | Percentages |
|---|---|
| Finance | 73% |
| Fortune 500 | 9% |
| Professional | 4% |
| Real Estate | 3% |
| Retail | 2% |
| Transportation | 1% |
| Automotive | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Insurance | 1% |
| Health Care | 1% |
| Hospitality | 1% |
| Manufacturing | 1% |
| Technology | 1% |
| Energy | 1% |
Loan administrator turnover and employment statistics
Loan administrator unemployment rate over time
The unemployment rate for loan administrators between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Loan administrator unemployment rate by year
| Year | Loan administrator 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 loan administrator tenure
The average loan administrator stays at their job for 1-2 years, based on the 3,657 loan administrators resumes in Zippia's database.
Loan administrator tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 14% |
| 1-2 years | 38% |
| 3-4 years | 19% |
| 5-7 years | 15% |
| 8-10 years | 5% |
| 11+ years | 8% |
Loan administrator LGBT ratio compared to similar jobs
Review the percent of loan administrators 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 |
|---|---|---|
| Finance/Accounting Analyst | 7.33% | 118,753 |
| Staff Auditor | 7.40% | 91,268 |
| Income Tax Advisor | 7.56% | 65,420 |
| Tax Compliance Officer | 7.65% | 95,304 |
| Loan Administrator | 7.87% | - |
| Senior Cost Analyst | 12.94% | 53,872 |
| Field Examiner | 19.38% | 46,780 |
Similar loan administrator jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Finance/Accounting Analyst | 7.33% | 118,753 |
| Staff Auditor | 7.40% | 91,268 |
| Income Tax Advisor | 7.56% | 65,420 |
| Tax Compliance Officer | 7.65% | 95,304 |
| Senior Cost Analyst | 12.94% | 53,872 |
| Field Examiner | 19.38% | 46,780 |
Foreign languages spoken by loan administrators
The most common foreign language among loan administrators is Spanish at 50.8%. The second-most popular foreign language spoken is Chinese at 7.8% and Mandarin is the third-most popular at 6.3%.
- Spanish, 50.8%
- Chinese, 7.8%
- Mandarin, 6.3%
- French, 4.7%
- Cantonese, 4.7%
- Other, 25.7%
Loan administrator languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 50.8% |
| Chinese | 7.8% |
| Mandarin | 6.3% |
| French | 4.7% |
| Cantonese | 4.7% |
| Other | 25.7% |
