Mortgage consultant demographics and statistics in the US
Mortgage consultant demographics research summary. Zippia estimates mortgage consultant demographics and statistics in the United States by using a database of 30 million profiles. Our mortgage consultant estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about mortgage consultants after extensive research and analysis:
- There are over 185,260 mortgage consultants currently employed in the United States.
- 41.8% of all mortgage consultants are women, while 58.2% are men.
- The average mortgage consultant age is 44 years old.
- The most common ethnicity of mortgage consultants is White (62.9%), followed by Hispanic or Latino (16.2%), Black or African American (9.3%) and Asian (6.4%).
- Mortgage consultants are most in-demand in Orlando, FL.
- The finance industry is the highest-paying for mortgage consultants.
- New York, NY pays an annual average wage of $60,932, the highest in the US.
- In 2022, women mortgage consultants earned 85% of what men earned.
- 8% of all mortgage consultants are LGBT.
- South Dakota is the best state for mortgage consultants to live.
- Mortgage consultants are 76% more likely to work at private companies in comparison to public companies.
On this page
Mortgage consultant demographics by:
Mortgage consultant gender statistics
41.8% of mortgage consultants are women and 58.2% of mortgage consultants are men.
- Male, 58.2%
- Female, 41.8%
Mortgage consultant gender ratio
| Gender | Percentages |
|---|---|
| Male | 58.2% |
| Female | 41.8% |
Mortgage consultant gender pay gap
Women earn 85¢ for every $1 earned by men
Male income
$42,646
Female income
$36,290
Mortgage consultant gender ratio over time
This data breaks down the percentage of men and women in mortgage consultant positions over time. Currently, 41.8% of mortgage consultants are female.
Mortgage consultant gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 59.04% | 40.96% |
| 2011 | 56.75% | 43.25% |
| 2012 | 57.15% | 42.85% |
| 2013 | 58.17% | 41.83% |
| 2014 | 58.40% | 41.60% |
| 2015 | 55.86% | 44.14% |
| 2016 | 60.33% | 39.67% |
| 2017 | 58.35% | 41.65% |
| 2018 | 59.16% | 40.84% |
| 2019 | 57.09% | 42.91% |
| 2020 | 59.50% | 40.50% |
| 2021 | 58.20% | 41.80% |
Mortgage consultant related jobs gender ratio
We compared mortgage consultants 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% |
| Mortgage Consultant | 58% | 42% |
| 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%
Mortgage consultant demographics by race
The most common ethnicity among mortgage consultants is White, which makes up 62.9% of all mortgage consultants. Comparatively, 16.2% of mortgage consultants are Hispanic or Latino and 9.3% of mortgage consultants are Black or African American.
- White, 62.9%
- Hispanic or Latino, 16.2%
- Black or African American, 9.3%
- Asian, 6.4%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.6%
Mortgage consultant race
| Mortgage consultant race | Percentages |
|---|---|
| White | 62.9% |
| Hispanic or Latino | 16.2% |
| Black or African American | 9.3% |
| Asian | 6.4% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.6% |
Mortgage consultant race and ethnicity over time
See how mortgage consultant racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Mortgage consultant race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.03% | 9.87% | 5.41% | 13.95% |
| 2011 | 68.44% | 10.17% | 5.49% | 14.05% |
| 2012 | 67.95% | 9.74% | 6.66% | 13.45% |
| 2013 | 67.77% | 9.52% | 6.70% | 13.59% |
| 2014 | 67.01% | 9.35% | 6.31% | 14.91% |
| 2015 | 68.68% | 8.70% | 6.34% | 13.82% |
| 2016 | 68.72% | 9.78% | 6.21% | 13.63% |
| 2017 | 69.24% | 9.00% | 5.93% | 13.65% |
| 2018 | 68.24% | 8.39% | 6.40% | 14.90% |
| 2019 | 67.26% | 8.50% | 6.80% | 15.15% |
| 2020 | 65.97% | 9.05% | 6.05% | 14.86% |
| 2021 | 62.92% | 9.31% | 6.45% | 16.20% |
Mortgage consultant wage gap by race
According to our data, asian mortgage consultants have the highest average salary compared to other ethnicities. Black or african american mortgage consultants have the lowest average salary at $39,060.
| Ethnicity | Salary |
|---|---|
| Unknown | $43,595 |
| White | $43,982 |
| Black or African American | $39,060 |
| Asian | $45,978 |
| Hispanic or Latino | $40,965 |
Average mortgage consultant age
See how the average age of mortgage consultants varies based on ethnicity and gender.
Male
Female
Mortgage consultant 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 |
Mortgage consultant age breakdown
The average age of mortgage consultants is 40+ years years old, representing 64% of the mortgage consultant population.
Mortgage consultant age breakdown
| Mortgage Consultant Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Mortgage consultant educational attainment
The most common degree for mortgage consultants is bachelor's degree, with 67% of mortgage consultants earning that degree. The second and third most common degree levels are associate degree degree at 15% and associate degree degree at 7%.
- Bachelor's, 67%
- Associate, 15%
- High School Diploma, 7%
- Master's, 6%
- Other Degrees, 5%
Mortgage consultants by degree level
| Mortgage consultant degree | Percentages |
|---|---|
| Bachelor's | 67% |
| Associate | 15% |
| High School Diploma | 7% |
| Master's | 6% |
| Other Degrees | 5% |
Mortgage consultant jobs you might like
Mortgage consultant wage gap by degree level
According to the data, mortgage consultants with a Master's degree earn more than those without, at $49,938 annually. With a Bachelor's degree, mortgage consultants earn a median annual income of $44,878 compared to $38,566 for mortgage consultants with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $49,938 |
| High School Diploma or Less | $38,145 |
| Bachelor's Degree | $44,878 |
| Some College/ Associate Degree | $38,566 |
Mortgage consultant employment statistics
Most mortgage consultants work for a private in the finance industry.
Company size where mortgage consultants work
Below, you can see the size of companies where mortgage consultants work.
Mortgage consultant jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 6% |
| 50 - 100 employees | 23% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 21% |
| > 10,000 employees | 12% |
Mortgage consultant jobs by company type
Employees with the mortgage consultant job title have their preferences when it comes to working for a company. For instance, most mortgage consultants prefer to work at private companies over public companies.
Mortgage consultant jobs by sector
| Company type | Percentages |
|---|---|
| Public | 24% |
| Private | 76% |
| Government | 1% |
Mortgage consultant jobs by industry
The most common industries for mortgage consultants are finance, professional and real estate.
Mortgage consultant industry statistics
| Industry | Percentages |
|---|---|
| Finance | 70% |
| Fortune 500 | 7% |
| Professional | 5% |
| Real Estate | 4% |
| Construction | 2% |
| Technology | 2% |
| Media | 1% |
| Transportation | 1% |
| Government | 1% |
| Utilities | 1% |
| Manufacturing | 1% |
| Health Care | 1% |
| Hospitality | 1% |
| Start-up | 1% |
| Non Profits | 1% |
| Insurance | 1% |
| Energy | 1% |
Mortgage consultant turnover and employment statistics
Mortgage consultant unemployment rate over time
The unemployment rate for mortgage consultants between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Mortgage consultant unemployment rate by year
| Year | Mortgage consultant 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 mortgage consultant tenure
The average mortgage consultant stays at their job for 1-2 years, based on the 12,562 mortgage consultants resumes in Zippia's database.
Mortgage consultant tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 23% |
| 1-2 years | 42% |
| 3-4 years | 15% |
| 5-7 years | 12% |
| 8-10 years | 4% |
| 11+ years | 5% |
Mortgage consultant LGBT ratio compared to similar jobs
Review the percent of mortgage consultants 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 |
|---|---|---|
| Acquisition Analyst | 7.33% | 64,684 |
| Field Auditor | 7.40% | 63,599 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Tax Compliance Agent | 7.65% | 65,946 |
| Mortgage Consultant | 7.87% | - |
| Senior Budget Analyst | 12.94% | 43,424 |
| Payroll Examiner | 19.38% | 7,896 |
Similar mortgage consultant jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Acquisition Analyst | 7.33% | 64,684 |
| Field Auditor | 7.40% | 63,599 |
| Corporate Tax Preparer | 7.56% | 36,530 |
| Tax Compliance Agent | 7.65% | 65,946 |
| Senior Budget Analyst | 12.94% | 43,424 |
| Payroll Examiner | 19.38% | 7,896 |
Foreign languages spoken by mortgage consultants
The most common foreign language among mortgage consultants is Spanish at 62.8%. The second-most popular foreign language spoken is French at 7.3% and Portuguese is the third-most popular at 3.8%.
- Spanish, 62.8%
- French, 7.3%
- Portuguese, 3.8%
- German, 3.3%
- Italian, 3.0%
- Other, 19.8%
Mortgage consultant languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 62.8% |
| French | 7.3% |
| Portuguese | 3.8% |
| German | 3.3% |
| Italian | 3.0% |
| Other | 19.8% |
