Personal banker demographics and statistics in the US
Personal banker demographics research summary. Zippia estimates personal banker demographics and statistics in the United States by using a database of 30 million profiles. Our personal banker estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about personal bankers after extensive research and analysis:
- There are over 218,801 personal bankers currently employed in the United States.
- 55.4% of all personal bankers are women, while 44.6% are men.
- The average personal banker age is 43 years old.
- The most common ethnicity of personal bankers is White (66.8%), followed by Asian (12.2%), Hispanic or Latino (11.2%) and Black or African American (5.4%).
- Personal bankers are most in-demand in Dallas, TX.
- The finance industry is the highest-paying for personal bankers.
- 6% of all personal bankers are LGBT.
On this page
Personal banker demographics by:
Personal banker gender statistics
55.4% of personal bankers are women and 44.6% of personal bankers are men.
- Female, 55.4%
- Male, 44.6%
Personal banker gender ratio
| Gender | Percentages |
|---|---|
| Female | 55.4% |
| Male | 44.6% |
Personal banker gender pay gap
Women earn 95¢ for every $1 earned by men
Male income
$36,723
Female income
$34,910
Personal banker gender ratio over time
This data breaks down the percentage of men and women in personal banker positions over time. Currently, 55.4% of personal bankers are female.
Personal banker gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 38.61% | 61.39% |
| 2011 | 36.66% | 63.34% |
| 2012 | 38.42% | 61.58% |
| 2013 | 38.12% | 61.88% |
| 2014 | 37.42% | 62.58% |
| 2015 | 38.87% | 61.13% |
| 2016 | 39.75% | 60.25% |
| 2017 | 39.12% | 60.88% |
| 2018 | 40.44% | 59.56% |
| 2019 | 43.94% | 56.06% |
| 2020 | 43.66% | 56.34% |
| 2021 | 44.62% | 55.38% |
Personal banker related jobs gender ratio
We compared personal bankers with similar job titles to see how gender ratios vary. As you can see, proprietary trader and floor trader have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Insurance Follow Up Representative | 11% | 89% |
| Insurance Verification Specialist | 11% | 89% |
| Commercial Lines Account Manager | 13% | 87% |
| Personal Banker | 45% | 55% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Personal banker demographics by race
The most common ethnicity among personal bankers is White, which makes up 66.8% of all personal bankers. Comparatively, 12.2% of personal bankers are Asian and 11.2% of personal bankers are Hispanic or Latino.
- White, 66.8%
- Asian, 12.2%
- Hispanic or Latino, 11.2%
- Black or African American, 5.4%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Personal banker race
| Personal banker race | Percentages |
|---|---|
| White | 66.8% |
| Asian | 12.2% |
| Hispanic or Latino | 11.2% |
| Black or African American | 5.4% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Personal banker race and ethnicity over time
See how personal banker racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Personal banker race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.29% | 6.08% | 8.12% | 10.00% |
| 2011 | 74.41% | 5.70% | 8.95% | 9.50% |
| 2012 | 72.77% | 5.76% | 8.99% | 11.09% |
| 2013 | 73.24% | 5.02% | 9.61% | 10.06% |
| 2014 | 73.68% | 5.47% | 9.31% | 10.02% |
| 2015 | 73.31% | 5.60% | 9.59% | 9.64% |
| 2016 | 71.79% | 5.29% | 9.91% | 11.21% |
| 2017 | 72.08% | 5.16% | 9.69% | 10.98% |
| 2018 | 70.24% | 5.17% | 11.14% | 11.12% |
| 2019 | 72.13% | 5.51% | 10.47% | 10.02% |
| 2020 | 69.13% | 5.48% | 10.29% | 11.57% |
| 2021 | 66.82% | 5.43% | 12.18% | 11.25% |
Personal banker wage gap by race
According to our data, unknown personal bankers have the highest average salary compared to other ethnicities. Black or african american personal bankers have the lowest average salary at $35,148.
| Ethnicity | Salary |
|---|---|
| Unknown | $37,713 |
| White | $37,566 |
| Black or African American | $35,148 |
| Asian | $37,251 |
| Hispanic or Latino | $36,007 |
Average personal banker age
See how the average age of personal bankers varies based on ethnicity and gender.
Male
Female
Personal banker age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 40 | 48.5 |
| White | 43 | 47 |
| Black or African American | 40.5 | 47 |
| Asian | 42 | 37.5 |
| Hispanic or Latino | 37 | 42 |
Personal banker age breakdown
The average age of personal bankers is 40+ years years old, representing 58% of the personal banker population.
Personal banker age breakdown
| Personal Banker Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Personal banker educational attainment
The most common degree for personal bankers is bachelor's degree, with 59% of personal bankers earning that degree. The second and third most common degree levels are associate degree degree at 18% and associate degree degree at 13%.
- Bachelor's, 59%
- Associate, 18%
- High School Diploma, 13%
- Master's, 6%
- Other Degrees, 4%
Personal bankers by degree level
| Personal banker degree | Percentages |
|---|---|
| Bachelor's | 59% |
| Associate | 18% |
| High School Diploma | 13% |
| Master's | 6% |
| Other Degrees | 4% |
Personal banker jobs you might like
Personal banker wage gap by degree level
According to the data, personal bankers with a Master's degree earn more than those without, at $41,998 annually. With a Doctorate degree, personal bankers earn a median annual income of $39,959 compared to $37,616 for personal bankers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $41,998 |
| Bachelor's Degree | $37,616 |
| Doctorate Degree | $39,959 |
Personal banker employment statistics
Company size where personal bankers work
Below, you can see the size of companies where personal bankers work.
Personal banker jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 31% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 14% |
Personal banker jobs by industry
The most common industries for personal bankers are finance, professional and health care.
Personal banker industry statistics
| Industry | Percentages |
|---|---|
| Finance | 87% |
| Fortune 500 | 5% |
| Professional | 2% |
| Retail | 1% |
| Media | 1% |
| Health Care | 1% |
| Real Estate | 1% |
| Technology | 1% |
Personal banker turnover and employment statistics
Personal banker unemployment rate over time
The unemployment rate for personal bankers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Personal banker unemployment rate by year
| Year | Personal banker unemployment rate |
|---|---|
| 2010 | 7.50% |
| 2011 | 6.42% |
| 2012 | 6.14% |
| 2013 | 4.28% |
| 2014 | 4.90% |
| 2015 | 3.10% |
| 2016 | 4.15% |
| 2017 | 3.43% |
| 2018 | 2.39% |
| 2019 | 3.02% |
| 2020 | 4.76% |
| 2021 | 3.65% |
Average personal banker tenure
The average personal banker stays at their job for 1-2 years, based on the 49,527 personal bankers resumes in Zippia's database.
Personal banker tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 19% |
| 1-2 years | 41% |
| 3-4 years | 14% |
| 5-7 years | 15% |
| 8-10 years | 6% |
| 11+ years | 5% |
Personal banker LGBT ratio compared to similar jobs
Review the percent of personal bankers 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 |
|---|---|---|
| Electricity Trader | 5.13% | 549 |
| Personal Banker | 5.67% | - |
| Insurance Broker | 6.79% | 38,403 |
| Publishing Associate | 9.53% | 16,016 |
| Corporate Travel Expert | 17.39% | 20,478 |
Similar personal banker jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Electricity Trader | 5.13% | 549 |
| Insurance Broker | 6.79% | 38,403 |
| Publishing Associate | 9.53% | 16,016 |
| Corporate Travel Expert | 17.39% | 20,478 |
Foreign languages spoken by personal bankers
The most common foreign language among personal bankers is Spanish at 65.1%. The second-most popular foreign language spoken is French at 5.7% and Portuguese is the third-most popular at 3.0%.
- Spanish, 65.1%
- French, 5.7%
- Portuguese, 3.0%
- Arabic, 3.0%
- Mandarin, 2.9%
- Other, 20.3%
Personal banker languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 65.1% |
| French | 5.7% |
| Portuguese | 3.0% |
| Arabic | 3.0% |
| Mandarin | 2.9% |
| Other | 20.3% |
