Stock broker demographics and statistics in the US
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Stock broker demographics by:
Stock broker gender statistics
14.5% of stock brokers are women and 85.5% of stock brokers are men.
- Male, 85.5%
- Female, 14.5%
Stock broker gender ratio
| Gender | Percentages |
|---|---|
| Male | 85.5% |
| Female | 14.5% |
Stock broker gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$56,508
Female income
$51,539
Stock broker gender ratio over time
This data breaks down the percentage of men and women in stock broker positions over time. Currently, 14.5% of stock brokers are female.
Stock broker gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 82.15% | 17.85% |
| 2011 | 80.90% | 19.10% |
| 2012 | 82.04% | 17.96% |
| 2013 | 81.85% | 18.15% |
| 2014 | 81.40% | 18.60% |
| 2015 | 82.31% | 17.69% |
| 2016 | 82.84% | 17.16% |
| 2017 | 82.46% | 17.54% |
| 2018 | 83.25% | 16.75% |
| 2019 | 85.15% | 14.85% |
| 2020 | 85.01% | 14.99% |
| 2021 | 85.50% | 14.50% |
Stock broker related jobs gender ratio
We compared stock brokers 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% |
| Stock Broker | 86% | 14% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Stock broker demographics by race
The most common ethnicity among stock brokers is White, which makes up 66.4% of all stock brokers. Comparatively, 12.3% of stock brokers are Asian and 11.4% of stock brokers are Hispanic or Latino.
- White, 66.4%
- Asian, 12.3%
- Hispanic or Latino, 11.4%
- Black or African American, 5.5%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Stock broker race
| Stock broker race | Percentages |
|---|---|
| White | 66.4% |
| Asian | 12.3% |
| Hispanic or Latino | 11.4% |
| Black or African American | 5.5% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Stock broker race and ethnicity over time
See how stock broker racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Stock broker race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.88% | 6.14% | 8.28% | 10.18% |
| 2011 | 73.99% | 5.77% | 9.12% | 9.68% |
| 2012 | 72.35% | 5.83% | 9.15% | 11.27% |
| 2013 | 72.82% | 5.09% | 9.77% | 10.24% |
| 2014 | 73.26% | 5.54% | 9.47% | 10.21% |
| 2015 | 72.90% | 5.67% | 9.75% | 9.82% |
| 2016 | 71.37% | 5.36% | 10.07% | 11.39% |
| 2017 | 71.66% | 5.22% | 9.85% | 11.16% |
| 2018 | 69.83% | 5.24% | 11.30% | 11.30% |
| 2019 | 71.71% | 5.58% | 10.63% | 10.20% |
| 2020 | 68.71% | 5.55% | 10.46% | 11.75% |
| 2021 | 66.40% | 5.50% | 12.34% | 11.43% |
Stock broker wage gap by race
According to our data, unknown stock brokers have the highest average salary compared to other ethnicities. Black or african american stock brokers have the lowest average salary at $52,178.
| Ethnicity | Salary |
|---|---|
| Unknown | $59,307 |
| White | $58,888 |
| Black or African American | $52,178 |
| Asian | $57,992 |
| Hispanic or Latino | $54,519 |
Average stock broker age
See how the average age of stock brokers varies based on ethnicity and gender.
Male
Female
Stock broker 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 |
Stock broker age breakdown
The average age of stock brokers is 40+ years years old, representing 58% of the stock broker population.
Stock broker age breakdown
| Stock Broker Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Stock broker educational attainment
The most common degree for stock brokers is bachelor's degree, with 77% of stock brokers earning that degree. The second and third most common degree levels are master's degree degree at 9% and master's degree degree at 9%.
- Bachelor's, 77%
- Master's, 9%
- Associate, 9%
- High School Diploma, 3%
- Other Degrees, 2%
Stock brokers by degree level
| Stock broker degree | Percentages |
|---|---|
| Bachelor's | 77% |
| Master's | 9% |
| Associate | 9% |
| High School Diploma | 3% |
| Other Degrees | 2% |
Stock broker jobs you might like
Stock broker wage gap by degree level
According to the data, stock brokers with a Master's degree earn more than those without, at $72,123 annually. With a Doctorate degree, stock brokers earn a median annual income of $65,884 compared to $59,030 for stock brokers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $72,123 |
| Bachelor's Degree | $59,030 |
| Doctorate Degree | $65,884 |
Stock broker employment statistics
Most stock brokers work for a private in the finance industry.
Company size where stock brokers work
Below, you can see the size of companies where stock brokers work.
Stock broker jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 10% |
| 50 - 100 employees | 21% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 16% |
Stock broker jobs by company type
Employees with the stock broker job title have their preferences when it comes to working for a company. For instance, most stock brokers prefer to work at private companies over public companies.
Stock broker jobs by sector
| Company type | Percentages |
|---|---|
| Education | 1% |
| Public | 28% |
| Private | 69% |
| Government | 2% |
Stock broker jobs by industry
The most common industries for stock brokers are finance, professional and retail.
Stock broker industry statistics
| Industry | Percentages |
|---|---|
| Finance | 40% |
| Fortune 500 | 11% |
| Professional | 10% |
| Retail | 9% |
| Manufacturing | 4% |
| Hospitality | 3% |
| Utilities | 3% |
| Insurance | 3% |
| Technology | 3% |
| Media | 2% |
| Internet | 2% |
| Transportation | 2% |
| Start-up | 2% |
| Energy | 2% |
| Government | 1% |
| Construction | 1% |
| Health Care | 1% |
| Telecommunication | 1% |
| Non Profits | 1% |
| Real Estate | 1% |
| Education | 1% |
Stock broker turnover and employment statistics
Stock broker unemployment rate over time
The unemployment rate for stock brokers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Stock broker unemployment rate by year
| Year | Stock broker 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 stock broker tenure
The average stock broker stays at their job for 1-2 years, based on the 1,354 stock brokers resumes in Zippia's database.
Stock broker tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 19% |
| 1-2 years | 42% |
| 3-4 years | 17% |
| 5-7 years | 12% |
| 8-10 years | 3% |
| 11+ years | 7% |
Stock broker LGBT ratio compared to similar jobs
Review the percent of stock 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 |
|---|---|---|
| Business Account Leader | 5.13% | 113,329 |
| Stock Broker | 5.67% | - |
| Enrolled Agent | 6.79% | 32,554 |
| Advertising Consultant | 9.53% | 62,538 |
| Corporate Travel Agent | 17.39% | 41,505 |
Similar stock broker jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Business Account Leader | 5.13% | 113,329 |
| Enrolled Agent | 6.79% | 32,554 |
| Advertising Consultant | 9.53% | 62,538 |
| Corporate Travel Agent | 17.39% | 41,505 |
Foreign languages spoken by stock brokers
The most common foreign language among stock brokers is Spanish at 34.4%. The second-most popular foreign language spoken is French at 14.0% and Chinese is the third-most popular at 9.7%.
- Spanish, 34.4%
- French, 14.0%
- Chinese, 9.7%
- Italian, 4.3%
- German, 4.3%
- Other, 33.3%
Stock broker languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 34.4% |
| French | 14.0% |
| Chinese | 9.7% |
| Italian | 4.3% |
| German | 4.3% |
| Other | 33.3% |
