Mortgage counselor demographics and statistics in the US
Mortgage counselor demographics research summary. Zippia estimates mortgage counselor demographics and statistics in the United States by using a database of 30 million profiles. Our mortgage counselor 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 counselors after extensive research and analysis:
- There are over 3,849 mortgage counselors currently employed in the United States.
- 58.7% of all mortgage counselors are women, while 41.3% are men.
- The average mortgage counselor age is 44 years old.
- The most common ethnicity of mortgage counselors is White (63.6%), followed by Hispanic or Latino (16.1%), Black or African American (9.3%) and Asian (5.9%).
- In 2022, women earned 92% of what men earned.
- 8% of all mortgage counselors are LGBT.
- Mortgage counselors are 65% more likely to work at private companies in comparison to public companies.
On this page
Mortgage counselor demographics by:
Mortgage counselor gender statistics
58.7% of mortgage counselors are women and 41.3% of mortgage counselors are men.
- Female, 58.7%
- Male, 41.3%
Mortgage counselor gender ratio
| Gender | Percentages |
|---|---|
| Female | 58.7% |
| Male | 41.3% |
Mortgage counselor gender pay gap
Women earn 92¢ for every $1 earned by men
Male income
$38,775
Female income
$35,641
Mortgage counselor gender ratio over time
This data breaks down the percentage of men and women in mortgage counselor positions over time. Currently, 58.7% of mortgage counselors are female.
Mortgage counselor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 42.14% | 57.86% |
| 2011 | 39.87% | 60.13% |
| 2012 | 40.26% | 59.74% |
| 2013 | 41.27% | 58.73% |
| 2014 | 41.51% | 58.49% |
| 2015 | 39.01% | 60.99% |
| 2016 | 43.46% | 56.54% |
| 2017 | 41.45% | 58.55% |
| 2018 | 42.27% | 57.73% |
| 2019 | 40.20% | 59.80% |
| 2020 | 42.62% | 57.38% |
| 2021 | 41.30% | 58.70% |
Mortgage counselor related jobs gender ratio
We compared mortgage counselors 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 Counselor | 41% | 59% |
| 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 counselor demographics by race
The most common ethnicity among mortgage counselors is White, which makes up 63.6% of all mortgage counselors. Comparatively, 16.1% of mortgage counselors are Hispanic or Latino and 9.3% of mortgage counselors are Black or African American.
- White, 63.6%
- Hispanic or Latino, 16.1%
- Black or African American, 9.3%
- Asian, 5.9%
- Unknown, 4.6%
- American Indian and Alaska Native, 0.5%
Mortgage counselor race
| Mortgage counselor race | Percentages |
|---|---|
| White | 63.6% |
| Hispanic or Latino | 16.1% |
| Black or African American | 9.3% |
| Asian | 5.9% |
| Unknown | 4.6% |
| American Indian and Alaska Native | 0.5% |
Mortgage counselor race and ethnicity over time
See how mortgage counselor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Mortgage counselor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 69.76% | 9.83% | 4.81% | 13.86% |
| 2011 | 69.17% | 10.13% | 4.90% | 13.96% |
| 2012 | 68.68% | 9.70% | 6.06% | 13.36% |
| 2013 | 68.50% | 9.48% | 6.11% | 13.50% |
| 2014 | 67.74% | 9.31% | 5.71% | 14.82% |
| 2015 | 69.41% | 8.66% | 5.75% | 13.73% |
| 2016 | 69.44% | 9.73% | 5.61% | 13.55% |
| 2017 | 69.96% | 8.95% | 5.34% | 13.57% |
| 2018 | 68.97% | 8.35% | 5.80% | 14.81% |
| 2019 | 67.99% | 8.46% | 6.21% | 15.06% |
| 2020 | 66.70% | 9.01% | 5.46% | 14.78% |
| 2021 | 63.65% | 9.27% | 5.85% | 16.11% |
Mortgage counselor wage gap by race
According to our data, asian mortgage counselors have the highest average salary compared to other ethnicities. Black or african american mortgage counselors have the lowest average salary at $37,010.
| Ethnicity | Salary |
|---|---|
| Unknown | $39,233 |
| White | $39,402 |
| Black or African American | $37,010 |
| Asian | $40,354 |
| Hispanic or Latino | $37,966 |
Average mortgage counselor age
See how the average age of mortgage counselors varies based on ethnicity and gender.
Male
Female
Mortgage counselor 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 counselor age breakdown
The average age of mortgage counselors is 40+ years years old, representing 64% of the mortgage counselor population.
Mortgage counselor age breakdown
| Mortgage Counselor Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 26% |
| 20-30 years | 10% |
Mortgage counselor educational attainment
The most common degree for mortgage counselors is bachelor's degree, with 60% of mortgage counselors earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 11%.
- Bachelor's, 60%
- Associate, 18%
- High School Diploma, 11%
- Master's, 6%
- Other Degrees, 5%
Mortgage counselors by degree level
| Mortgage counselor degree | Percentages |
|---|---|
| Bachelor's | 60% |
| Associate | 18% |
| High School Diploma | 11% |
| Master's | 6% |
| Other Degrees | 5% |
Mortgage counselor jobs you might like
Mortgage counselor wage gap by degree level
According to the data, mortgage counselors with a Master's degree earn more than those without, at $42,130 annually. With a Bachelor's degree, mortgage counselors earn a median annual income of $39,813 compared to $36,775 for mortgage counselors with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $42,130 |
| High School Diploma or Less | $36,579 |
| Bachelor's Degree | $39,813 |
| Some College/ Associate Degree | $36,775 |
Mortgage counselor employment statistics
Most mortgage counselors work for a private in the finance industry.
Company size where mortgage counselors work
Below, you can see the size of companies where mortgage counselors work.
Mortgage counselor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 11% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 26% |
| 500 - 1,000 employees | 6% |
| 1,000 - 10,000 employees | 20% |
| > 10,000 employees | 23% |
Mortgage counselor jobs by company type
Employees with the mortgage counselor job title have their preferences when it comes to working for a company. For instance, most mortgage counselors prefer to work at private companies over public companies.
Mortgage counselor jobs by sector
| Company type | Percentages |
|---|---|
| Public | 30% |
| Private | 65% |
| Government | 5% |
Mortgage counselor jobs by industry
The most common industries for mortgage counselors are finance, professional and real estate.
Mortgage counselor industry statistics
| Industry | Percentages |
|---|---|
| Finance | 48% |
| Fortune 500 | 16% |
| Professional | 8% |
| Real Estate | 7% |
| Non Profits | 6% |
| Government | 3% |
| Retail | 2% |
| Health Care | 2% |
| Construction | 2% |
| Manufacturing | 2% |
| Technology | 2% |
| Transportation | 1% |
| Media | 1% |
| Energy | 1% |
| Hospitality | 1% |
Mortgage counselor turnover and employment statistics
Mortgage counselor unemployment rate over time
The unemployment rate for mortgage counselors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Mortgage counselor unemployment rate by year
| Year | Mortgage counselor 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 counselor tenure
The average mortgage counselor stays at their job for 1-2 years, based on the 493 mortgage counselors resumes in Zippia's database.
Mortgage counselor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 22% |
| 1-2 years | 43% |
| 3-4 years | 17% |
| 5-7 years | 11% |
| 8-10 years | 3% |
| 11+ years | 4% |
Mortgage counselor LGBT ratio compared to similar jobs
Review the percent of mortgage counselors 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 |
|---|---|---|
| Lead Finance Analyst | 7.33% | 89,105 |
| Field Auditor | 7.40% | 63,599 |
| Income Tax Expert | 7.56% | 34,945 |
| Tax Revenue Officer | 7.65% | 84,387 |
| Mortgage Counselor | 7.87% | - |
| Budget Counselor | 12.94% | 27,963 |
| Principal Examiner | 19.38% | 41,375 |
Similar mortgage counselor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Lead Finance Analyst | 7.33% | 89,105 |
| Field Auditor | 7.40% | 63,599 |
| Income Tax Expert | 7.56% | 34,945 |
| Tax Revenue Officer | 7.65% | 84,387 |
| Budget Counselor | 12.94% | 27,963 |
| Principal Examiner | 19.38% | 41,375 |
Foreign languages spoken by mortgage counselors
The most common foreign language among mortgage counselors is Spanish at 76.7%. The second-most popular foreign language spoken is French at 10.0% and Portuguese is the third-most popular at 3.3%.
- Spanish, 76.7%
- French, 10.0%
- Portuguese, 3.3%
- Carrier, 3.3%
- Hindi, 3.3%
- Other, 3.4%
Mortgage counselor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 76.7% |
| French | 10.0% |
| Portuguese | 3.3% |
| Carrier | 3.3% |
| Hindi | 3.3% |
| Other | 3.4% |
