Retail banker demographics and statistics in the US
Retail banker demographics research summary. Zippia estimates retail banker demographics and statistics in the United States by using a database of 30 million profiles. Our retail 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 retail bankers after extensive research and analysis:
- There are over 8,359 retail bankers currently employed in the United States.
- 69.3% of all retail bankers are women, while 30.7% are men.
- The average retail banker age is 40 years old.
- The most common ethnicity of retail bankers is White (56.2%), followed by Hispanic or Latino (20.0%), Black or African American (10.5%) and Asian (9.5%).
- In 2022, women earned 94% of what men earned.
- 11% of all retail bankers are LGBT.
- Retail bankers are 56% more likely to work at private companies in comparison to public companies.
On this page
Retail banker demographics by:
Retail banker gender statistics
69.3% of retail bankers are women and 30.7% of retail bankers are men.
- Female, 69.3%
- Male, 30.7%
Retail banker gender ratio
| Gender | Percentages |
|---|---|
| Female | 69.3% |
| Male | 30.7% |
Retail banker gender pay gap
Women earn 94¢ for every $1 earned by men
Male income
$38,636
Female income
$36,225
Retail banker gender ratio over time
This data breaks down the percentage of men and women in retail banker positions over time. Currently, 69.3% of retail bankers are female.
Retail banker gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 22.31% | 77.69% |
| 2011 | 20.60% | 79.40% |
| 2012 | 28.95% | 71.05% |
| 2013 | 22.23% | 77.77% |
| 2014 | 27.44% | 72.56% |
| 2015 | 30.26% | 69.74% |
| 2016 | 25.72% | 74.28% |
| 2017 | 29.48% | 70.52% |
| 2018 | 32.26% | 67.74% |
| 2019 | 19.54% | 80.46% |
| 2020 | 23.69% | 76.31% |
| 2021 | 30.66% | 69.34% |
Retail banker related jobs gender ratio
We compared retail bankers with similar job titles to see how gender ratios vary. As you can see, technical service advisor and courtesy associate have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Loan Secretary | 4% | 96% |
| Dental Receptionist | 5% | 95% |
| Receptionist Secretary | 6% | 94% |
| Retail Banker | 31% | 69% |
| Lead Ramp Agent | 86% | 14% |
| Courtesy Associate | 88% | 12% |
| Technical Service Advisor | 89% | 11% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Retail banker demographics by race
The most common ethnicity among retail bankers is White, which makes up 56.2% of all retail bankers. Comparatively, 20.0% of retail bankers are Hispanic or Latino and 10.5% of retail bankers are Black or African American.
- White, 56.2%
- Hispanic or Latino, 20.0%
- Black or African American, 10.5%
- Asian, 9.5%
- Unknown, 2.9%
- American Indian and Alaska Native, 0.9%
Retail banker race
| Retail banker race | Percentages |
|---|---|
| White | 56.2% |
| Hispanic or Latino | 20.0% |
| Black or African American | 10.5% |
| Asian | 9.5% |
| Unknown | 2.9% |
| American Indian and Alaska Native | 0.9% |
Retail banker race and ethnicity over time
See how retail banker racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Retail banker race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 58.54% | 11.48% | 7.93% | 19.60% |
| 2011 | 60.32% | 14.04% | 7.65% | 15.00% |
| 2012 | 57.22% | 12.70% | 13.36% | 14.19% |
| 2013 | 64.38% | 10.22% | 8.01% | 13.57% |
| 2014 | 66.76% | 9.77% | 5.86% | 14.88% |
| 2015 | 63.21% | 12.55% | 3.98% | 17.37% |
| 2016 | 65.22% | 10.55% | 4.48% | 16.81% |
| 2017 | 61.12% | 10.53% | 4.81% | 22.14% |
| 2018 | 56.18% | 11.91% | 11.38% | 18.62% |
| 2019 | 61.80% | 9.91% | 6.12% | 14.74% |
| 2020 | 42.34% | 6.97% | 6.12% | 37.14% |
| 2021 | 56.24% | 10.50% | 9.53% | 19.96% |
Retail banker wage gap by race
According to our data, asian retail bankers have the highest average salary compared to other ethnicities. Unknown retail bankers have the lowest average salary at $38,054.
| Ethnicity | Salary |
|---|---|
| Unknown | $38,054 |
| White | $38,136 |
| Black or African American | $38,683 |
| Asian | $39,828 |
| Hispanic or Latino | $38,507 |
Retail banker age breakdown
The average age of retail bankers is 40+ years years old, representing 45% of the retail banker population.
Retail banker age breakdown
| Retail Banker Years | Percentages |
|---|---|
| 40+ years | 45% |
| 30-40 years | 30% |
| 20-30 years | 24% |
Retail banker educational attainment
The most common degree for retail bankers is bachelor's degree, with 43% of retail bankers earning that degree. The second and third most common degree levels are associate degree degree at 23% and associate degree degree at 21%.
- Bachelor's, 43%
- Associate, 23%
- High School Diploma, 21%
- Diploma, 4%
- Other Degrees, 9%
Retail bankers by degree level
| Retail banker degree | Percentages |
|---|---|
| Bachelor's | 43% |
| Associate | 23% |
| High School Diploma | 21% |
| Diploma | 4% |
| Other Degrees | 9% |
Retail banker jobs you might like
Retail banker wage gap by degree level
According to the data, retail bankers with a Master's degree earn more than those without, at $42,583 annually. With a Bachelor's degree, retail bankers earn a median annual income of $40,150 compared to $37,277 for retail bankers with an Associate degree.
| Education | Salary |
|---|---|
| Master's Degree | $42,583 |
| High School Diploma or Less | $36,453 |
| Bachelor's Degree | $40,150 |
| Some College/ Associate Degree | $37,277 |
Retail banker employment statistics
Most retail bankers work for a private in the finance industry.
Company size where retail bankers work
Below, you can see the size of companies where retail bankers work.
Retail banker jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 3% |
| 50 - 100 employees | 17% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 11% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 20% |
Retail banker jobs by company type
Employees with the retail banker job title have their preferences when it comes to working for a company. For instance, most retail bankers prefer to work at private companies over public companies.
Retail banker jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 41% |
| Private | 56% |
| Government | 2% |
Retail banker jobs by industry
The most common industries for retail bankers are finance, manufacturing and professional.
Retail banker industry statistics
| Industry | Percentages |
|---|---|
| Finance | 65% |
| Fortune 500 | 10% |
| Manufacturing | 3% |
| Professional | 3% |
| Hospitality | 3% |
| Retail | 3% |
| Real Estate | 2% |
| Technology | 2% |
| Government | 1% |
| Internet | 1% |
| Media | 1% |
| Non Profits | 1% |
| Health Care | 1% |
| Education | 1% |
| Insurance | 1% |
Retail banker turnover and employment statistics
Retail banker unemployment rate over time
The unemployment rate for retail bankers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Retail banker unemployment rate by year
| Year | Retail banker unemployment rate |
|---|---|
| 2010 | 5.46% |
| 2011 | 4.69% |
| 2012 | 5.64% |
| 2013 | 3.85% |
| 2014 | 3.85% |
| 2015 | 5.16% |
| 2016 | 0.74% |
| 2017 | 2.04% |
| 2018 | 2.53% |
| 2019 | 0.67% |
| 2020 | 4.00% |
| 2021 | 2.42% |
Average retail banker tenure
The average retail banker stays at their job for 1-2 years, based on the 4,400 retail bankers resumes in Zippia's database.
Retail banker tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 28% |
| 1-2 years | 37% |
| 3-4 years | 13% |
| 5-7 years | 15% |
| 8-10 years | 5% |
| 11+ years | 3% |
Retail banker LGBT ratio compared to similar jobs
Review the percent of retail 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 |
|---|---|---|
| Public Housing Interviewer | 6.73% | 10,942 |
| Call Center Representative | 7.19% | 133,579 |
| Document Clerk | 8.60% | 99,244 |
| Credit Reporter | 8.99% | 6,790 |
| Retail Banker | 10.51% | - |
| Shelver | 11.16% | 409 |
| Personnel Clerk | 15.31% | 67,015 |
Similar retail banker jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Public Housing Interviewer | 6.73% | 10,942 |
| Call Center Representative | 7.19% | 133,579 |
| Document Clerk | 8.60% | 99,244 |
| Credit Reporter | 8.99% | 6,790 |
| Shelver | 11.16% | 409 |
| Personnel Clerk | 15.31% | 67,015 |
Foreign languages spoken by retail bankers
The most common foreign language among retail bankers is Spanish at 65.7%. The second-most popular foreign language spoken is French at 7.9% and German is the third-most popular at 5.0%.
- Spanish, 65.7%
- French, 7.9%
- German, 5.0%
- Chinese, 2.9%
- Italian, 2.1%
- Other, 16.4%
Retail banker languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 65.7% |
| French | 7.9% |
| German | 5.0% |
| Chinese | 2.9% |
| Italian | 2.1% |
| Other | 16.4% |
