Managing broker demographics and statistics in the US
Managing broker demographics research summary. Zippia estimates managing broker demographics and statistics in the United States by using a database of 30 million profiles. Our managing broker estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about managing brokers after extensive research and analysis:
- There are over 6,758 managing brokers currently employed in the United States.
- 40.5% of all managing brokers are women, while 59.5% are men.
- The average managing broker age is 49 years old.
- The most common ethnicity of managing brokers is White (69.7%), followed by Hispanic or Latino (13.4%), Asian (6.9%) and Black or African American (5.4%).
- In 2022, women earned 94% of what men earned.
- 13% of all managing brokers are LGBT.
- Managing brokers are 82% more likely to work at private companies in comparison to public companies.
On this page
Managing broker demographics by:
Managing broker gender statistics
40.5% of managing brokers are women and 59.5% of managing brokers are men.
- Male, 59.5%
- Female, 40.5%
Managing broker gender ratio
| Gender | Percentages |
|---|---|
| Male | 59.5% |
| Female | 40.5% |
Managing broker gender pay gap
Women earn 94¢ for every $1 earned by men
Male income
$62,134
Female income
$58,451
Managing broker gender ratio over time
This data breaks down the percentage of men and women in managing broker positions over time. Currently, 40.5% of managing brokers are female.
Managing broker gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 62.27% | 37.73% |
| 2011 | 63.11% | 36.89% |
| 2012 | 61.57% | 38.43% |
| 2013 | 61.87% | 38.13% |
| 2014 | 59.57% | 40.43% |
| 2015 | 61.11% | 38.89% |
| 2016 | 61.02% | 38.98% |
| 2017 | 62.32% | 37.68% |
| 2018 | 60.83% | 39.17% |
| 2019 | 61.25% | 38.75% |
| 2020 | 61.46% | 38.54% |
| 2021 | 59.55% | 40.45% |
Managing broker related jobs gender ratio
We compared managing brokers with similar job titles to see how gender ratios vary. As you can see, senior field applications engineer and senior systems sales engineer have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Wedding Consultant | 7% | 93% |
| Escrow Closer | 10% | 90% |
| Promotional Model | 11% | 89% |
| Managing Broker | 60% | 40% |
| Senior Pre-Sales Engineer | 94% | 6% |
| Senior Systems Sales Engineer | 95% | 5% |
| Senior Field Applications Engineer | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Managing broker demographics by race
The most common ethnicity among managing brokers is White, which makes up 69.7% of all managing brokers. Comparatively, 13.4% of managing brokers are Hispanic or Latino and 6.9% of managing brokers are Asian.
- White, 69.7%
- Hispanic or Latino, 13.4%
- Asian, 6.9%
- Black or African American, 5.4%
- Unknown, 4.3%
- American Indian and Alaska Native, 0.3%
Managing broker race
| Managing broker race | Percentages |
|---|---|
| White | 69.7% |
| Hispanic or Latino | 13.4% |
| Asian | 6.9% |
| Black or African American | 5.4% |
| Unknown | 4.3% |
| American Indian and Alaska Native | 0.3% |
Managing broker race and ethnicity over time
See how managing broker racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Managing broker race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 76.71% | 5.18% | 5.50% | 10.84% |
| 2011 | 76.19% | 5.12% | 6.13% | 10.77% |
| 2012 | 76.42% | 5.25% | 5.39% | 11.07% |
| 2013 | 76.04% | 5.23% | 5.61% | 11.70% |
| 2014 | 75.81% | 5.39% | 5.65% | 11.39% |
| 2015 | 75.80% | 5.10% | 5.56% | 11.76% |
| 2016 | 75.12% | 4.68% | 6.25% | 12.31% |
| 2017 | 73.80% | 5.07% | 6.30% | 12.82% |
| 2018 | 74.13% | 4.97% | 6.42% | 12.35% |
| 2019 | 74.56% | 5.07% | 6.37% | 12.02% |
| 2020 | 71.69% | 5.28% | 6.89% | 12.59% |
| 2021 | 69.68% | 5.35% | 6.93% | 13.40% |
Managing broker wage gap by race
According to our data, white managing brokers have the highest average salary compared to other ethnicities. Black or african american managing brokers have the lowest average salary at $58,623.
| Ethnicity | Salary |
|---|---|
| Unknown | $62,981 |
| White | $64,728 |
| Black or African American | $58,623 |
| Asian | $63,861 |
| Hispanic or Latino | $60,678 |
Average managing broker age
See how the average age of managing brokers varies based on ethnicity and gender.
Male
Female
Managing broker age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 45 | 49 |
| White | 50 | 52 |
| Black or African American | 49 | 47 |
| Asian | 46 | 49 |
| Hispanic or Latino | 41.5 | 45 |
Managing broker age breakdown
The average age of managing brokers is 40+ years years old, representing 74% of the managing broker population.
Managing broker age breakdown
| Managing Broker Years | Percentages |
|---|---|
| 40+ years | 74% |
| 30-40 years | 19% |
| 20-30 years | 7% |
Managing broker educational attainment
The most common degree for managing brokers is bachelor's degree, with 65% of managing brokers earning that degree. The second and third most common degree levels are master's degree degree at 12% and master's degree degree at 11%.
- Bachelor's, 65%
- Master's, 12%
- Associate, 11%
- High School Diploma, 5%
- Other Degrees, 7%
Managing brokers by degree level
| Managing broker degree | Percentages |
|---|---|
| Bachelor's | 65% |
| Master's | 12% |
| Associate | 11% |
| High School Diploma | 5% |
| Other Degrees | 7% |
Managing broker jobs you might like
Managing broker wage gap by degree level
According to the data, managing brokers with a Master's degree earn more than those without, at $67,832 annually. With a Bachelor's degree, managing brokers earn a median annual income of $65,680 compared to $65,540 for managing brokers with an Doctorate degree.
| Education | Salary |
|---|---|
| Master's Degree | $67,832 |
| High School Diploma or Less | $57,498 |
| Bachelor's Degree | $65,680 |
| Doctorate Degree | $65,540 |
| Some College/ Associate Degree | $58,050 |
Managing broker employment statistics
Most managing brokers work for a private in the real estate industry.
Company size where managing brokers work
Below, you can see the size of companies where managing brokers work.
Managing broker jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 9% |
| 50 - 100 employees | 25% |
| 100 - 500 employees | 29% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 14% |
| > 10,000 employees | 11% |
Managing broker jobs by company type
Employees with the managing broker job title have their preferences when it comes to working for a company. For instance, most managing brokers prefer to work at private companies over public companies.
Managing broker jobs by sector
| Company type | Percentages |
|---|---|
| Public | 16% |
| Private | 82% |
| Government | 2% |
Managing broker jobs by industry
The most common industries for managing brokers are real estate, finance and professional.
Managing broker industry statistics
| Industry | Percentages |
|---|---|
| Real Estate | 46% |
| Finance | 12% |
| Professional | 9% |
| Technology | 4% |
| Insurance | 4% |
| Fortune 500 | 3% |
| Retail | 3% |
| Start-up | 2% |
| Manufacturing | 2% |
| Government | 2% |
| Construction | 2% |
| Hospitality | 2% |
| Media | 1% |
| Automotive | 1% |
| Energy | 1% |
| Non Profits | 1% |
| Health Care | 1% |
| Telecommunication | 1% |
Managing broker turnover and employment statistics
Managing broker unemployment rate over time
The unemployment rate for managing brokers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Managing broker unemployment rate by year
| Year | Managing broker unemployment rate |
|---|---|
| 2010 | 6.09% |
| 2011 | 5.09% |
| 2012 | 4.58% |
| 2013 | 3.58% |
| 2014 | 3.10% |
| 2015 | 2.65% |
| 2016 | 2.38% |
| 2017 | 1.64% |
| 2018 | 2.00% |
| 2019 | 2.10% |
| 2020 | 4.79% |
| 2021 | 4.98% |
Average managing broker tenure
The average managing broker stays at their job for 1-2 years, based on the 1,109 managing brokers resumes in Zippia's database.
Managing broker tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 5% |
| 1-2 years | 22% |
| 3-4 years | 17% |
| 5-7 years | 20% |
| 8-10 years | 9% |
| 11+ years | 28% |
Managing broker LGBT ratio compared to similar jobs
Review the percent of managing brokers 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 |
|---|---|---|
| Chemical Equipment Sales Engineer | 6.51% | 30,260 |
| Campus Marketing Representative | 6.75% | 71,153 |
| Fruit Vendor | 7.95% | 370 |
| Competitive Shopper | 8.25% | 55,920 |
| Telemarketing Fundraiser | 11.06% | 241 |
| Managing Broker | 12.76% | - |
Similar managing broker jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Chemical Equipment Sales Engineer | 6.51% | 30,260 |
| Campus Marketing Representative | 6.75% | 71,153 |
| Fruit Vendor | 7.95% | 370 |
| Competitive Shopper | 8.25% | 55,920 |
| Telemarketing Fundraiser | 11.06% | 241 |
Foreign languages spoken by managing brokers
The most common foreign language among managing brokers is Spanish at 28.0%. The second-most popular foreign language spoken is Polish at 8.0% and Russian is the third-most popular at 8.0%.
- Spanish, 28.0%
- Polish, 8.0%
- Russian, 8.0%
- Portuguese, 4.0%
- Czech, 4.0%
- Other, 48.0%
Managing broker languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 28.0% |
| Polish | 8.0% |
| Russian | 8.0% |
| Portuguese | 4.0% |
| Czech | 4.0% |
| Other | 48.0% |
