Loan adviser demographics and statistics in the US
Loan adviser demographics research summary. Zippia estimates loan adviser demographics and statistics in the United States by using a database of 30 million profiles. Our loan adviser 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 advisers after extensive research and analysis:
- There are over 10,326 loan advisers currently employed in the United States.
- 52.3% of all loan advisers are women, while 47.7% are men.
- The average loan adviser age is 44 years old.
- The most common ethnicity of loan advisers is White (63.1%), followed by Hispanic or Latino (16.1%), Black or African American (9.3%) and Asian (6.4%).
- In 2022, women earned 90% of what men earned.
- 8% of all loan advisers are LGBT.
- Loan advisers are 70% more likely to work at private companies in comparison to public companies.
On this page
Loan adviser demographics by:
Loan adviser gender statistics
52.3% of loan advisers are women and 47.7% of loan advisers are men.
- Female, 52.3%
- Male, 47.7%
Loan adviser gender ratio
| Gender | Percentages |
|---|---|
| Female | 52.3% |
| Male | 47.7% |
Loan adviser gender pay gap
Women earn 90¢ for every $1 earned by men
Male income
$42,958
Female income
$38,469
Loan adviser gender ratio over time
This data breaks down the percentage of men and women in loan adviser positions over time. Currently, 52.3% of loan advisers are female.
Loan adviser gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 48.55% | 51.45% |
| 2011 | 46.21% | 53.79% |
| 2012 | 46.61% | 53.39% |
| 2013 | 47.66% | 52.34% |
| 2014 | 47.90% | 52.10% |
| 2015 | 45.31% | 54.69% |
| 2016 | 49.90% | 50.10% |
| 2017 | 47.84% | 52.16% |
| 2018 | 48.68% | 51.32% |
| 2019 | 46.55% | 53.45% |
| 2020 | 49.03% | 50.97% |
| 2021 | 47.69% | 52.31% |
Loan adviser related jobs gender ratio
We compared loan advisers 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 Adviser | 48% | 52% |
| 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 adviser demographics by race
The most common ethnicity among loan advisers is White, which makes up 63.1% of all loan advisers. Comparatively, 16.1% of loan advisers are Hispanic or Latino and 9.3% of loan advisers are Black or African American.
- White, 63.1%
- Hispanic or Latino, 16.1%
- Black or African American, 9.3%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Loan adviser race
| Loan adviser race | Percentages |
|---|---|
| White | 63.1% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.3% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Loan adviser race and ethnicity over time
See how loan adviser racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Loan adviser race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.25% | 9.81% | 5.38% | 13.83% |
| 2011 | 68.66% | 10.11% | 5.46% | 13.93% |
| 2012 | 68.17% | 9.68% | 6.62% | 13.33% |
| 2013 | 67.99% | 9.46% | 6.67% | 13.47% |
| 2014 | 67.23% | 9.29% | 6.28% | 14.79% |
| 2015 | 68.90% | 8.64% | 6.31% | 13.70% |
| 2016 | 68.93% | 9.72% | 6.18% | 13.51% |
| 2017 | 69.45% | 8.94% | 5.90% | 13.53% |
| 2018 | 68.46% | 8.33% | 6.37% | 14.78% |
| 2019 | 67.48% | 8.44% | 6.77% | 15.02% |
| 2020 | 66.19% | 8.99% | 6.02% | 14.74% |
| 2021 | 63.14% | 9.25% | 6.42% | 16.08% |
Loan adviser wage gap by race
According to our data, asian loan advisers have the highest average salary compared to other ethnicities. Black or african american loan advisers have the lowest average salary at $40,453.
| Ethnicity | Salary |
|---|---|
| Unknown | $43,609 |
| White | $43,874 |
| Black or African American | $40,453 |
| Asian | $45,226 |
| Hispanic or Latino | $41,792 |
Average loan adviser age
See how the average age of loan advisers varies based on ethnicity and gender.
Male
Female
Loan adviser 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 adviser age breakdown
The average age of loan advisers is 40+ years years old, representing 64% of the loan adviser population.
Loan adviser age breakdown
| Loan Adviser Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Loan adviser educational attainment
The most common degree for loan advisers is bachelor's degree, with 52% of loan advisers earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 16%.
- Bachelor's, 52%
- Associate, 18%
- High School Diploma, 16%
- Master's, 6%
- Other Degrees, 8%
Loan advisers by degree level
| Loan adviser degree | Percentages |
|---|---|
| Bachelor's | 52% |
| Associate | 18% |
| High School Diploma | 16% |
| Master's | 6% |
| Other Degrees | 8% |
Loan adviser jobs you might like
Loan adviser wage gap by degree level
According to the data, loan advisers with a Master's degree earn more than those without, at $47,855 annually. With a Bachelor's degree, loan advisers earn a median annual income of $44,483 compared to $40,103 for loan advisers with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $47,855 |
| High School Diploma or Less | $39,803 |
| Bachelor's Degree | $44,483 |
| Some College/ Associate Degree | $40,103 |
Loan adviser employment statistics
Most loan advisers work for a private in the finance industry.
Company size where loan advisers work
Below, you can see the size of companies where loan advisers work.
Loan adviser jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 8% |
| 50 - 100 employees | 17% |
| 100 - 500 employees | 24% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 25% |
| > 10,000 employees | 15% |
Loan adviser jobs by company type
Employees with the loan adviser job title have their preferences when it comes to working for a company. For instance, most loan advisers prefer to work at private companies over public companies.
Loan adviser jobs by sector
| Company type | Percentages |
|---|---|
| Education | 9% |
| Public | 21% |
| Private | 70% |
| Government | 0% |
Loan adviser jobs by industry
The most common industries for loan advisers are finance, professional and education.
Loan adviser industry statistics
| Industry | Percentages |
|---|---|
| Finance | 49% |
| Professional | 9% |
| Fortune 500 | 8% |
| Education | 8% |
| Non Profits | 3% |
| Manufacturing | 3% |
| Real Estate | 3% |
| Hospitality | 3% |
| Technology | 3% |
| Retail | 2% |
| Automotive | 2% |
| Transportation | 1% |
| Energy | 1% |
| Construction | 1% |
| Insurance | 1% |
Loan adviser turnover and employment statistics
Loan adviser unemployment rate over time
The unemployment rate for loan advisers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Loan adviser unemployment rate by year
| Year | Loan adviser 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 adviser tenure
The average loan adviser stays at their job for 1-2 years, based on the 2,011 loan advisers resumes in Zippia's database.
Loan adviser tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 32% |
| 1-2 years | 39% |
| 3-4 years | 10% |
| 5-7 years | 13% |
| 8-10 years | 4% |
| 11+ years | 2% |
Loan adviser LGBT ratio compared to similar jobs
Review the percent of loan advisers 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 |
|---|---|---|
| Analyst International | 7.33% | 47,354 |
| Senior Accounting Analyst | 7.40% | 91,037 |
| Master Tax Advisor | 7.56% | 73,416 |
| Tax Revenue Officer | 7.65% | 84,387 |
| Loan Adviser | 7.87% | - |
| Budget Examiner | 12.94% | 2,896 |
| Field Examiner | 19.38% | 46,780 |
Similar loan adviser jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Analyst International | 7.33% | 47,354 |
| Senior Accounting Analyst | 7.40% | 91,037 |
| Master Tax Advisor | 7.56% | 73,416 |
| Tax Revenue Officer | 7.65% | 84,387 |
| Budget Examiner | 12.94% | 2,896 |
| Field Examiner | 19.38% | 46,780 |
Foreign languages spoken by loan advisers
The most common foreign language among loan advisers is Spanish at 68.3%. The second-most popular foreign language spoken is German at 6.7% and Japanese is the third-most popular at 3.3%.
- Spanish, 68.3%
- German, 6.7%
- Japanese, 3.3%
- French, 3.3%
- Swedish, 1.7%
- Other, 16.7%
Loan adviser languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 68.3% |
| German | 6.7% |
| Japanese | 3.3% |
| French | 3.3% |
| Swedish | 1.7% |
| Other | 16.7% |
