Trader demographics and statistics in the US
Trader demographics research summary. Zippia estimates trader demographics and statistics in the United States by using a database of 30 million profiles. Our trader estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about traders after extensive research and analysis:
- There are over 29,521 traders currently employed in the United States.
- 17.9% of all traders are women, while 82.1% are men.
- The average trader age is 43 years old.
- The most common ethnicity of traders is White (66.2%), followed by Asian (12.4%), Hispanic or Latino (11.5%) and Black or African American (5.5%).
- Traders are most in-demand in New York, NY.
- The finance industry is the highest-paying for traders.
- 6% of all traders are LGBT.
On this page
Trader demographics by:
Trader gender statistics
17.9% of traders are women and 82.1% of traders are men.
- Male, 82.1%
- Female, 17.9%
Trader gender ratio
| Gender | Percentages |
|---|---|
| Male | 82.1% |
| Female | 17.9% |
Trader gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$85,314
Female income
$77,682
Trader gender ratio over time
This data breaks down the percentage of men and women in trader positions over time. Currently, 17.9% of traders are female.
Trader gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 78.17% | 21.83% |
| 2011 | 76.72% | 23.28% |
| 2012 | 78.03% | 21.97% |
| 2013 | 77.81% | 22.19% |
| 2014 | 77.30% | 22.70% |
| 2015 | 78.35% | 21.65% |
| 2016 | 78.97% | 21.03% |
| 2017 | 78.53% | 21.47% |
| 2018 | 79.45% | 20.55% |
| 2019 | 81.69% | 18.31% |
| 2020 | 81.53% | 18.47% |
| 2021 | 82.10% | 17.90% |
Trader related jobs gender ratio
We compared traders 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% |
| Trader | 82% | 18% |
| Futures Trader | 94% | 6% |
| Floor Trader | 95% | 5% |
| Proprietary Trader | 96% | 4% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Trader demographics by race
The most common ethnicity among traders is White, which makes up 66.2% of all traders. Comparatively, 12.4% of traders are Asian and 11.5% of traders are Hispanic or Latino.
- White, 66.2%
- Asian, 12.4%
- Hispanic or Latino, 11.5%
- Black or African American, 5.5%
- Unknown, 4.1%
- American Indian and Alaska Native, 0.3%
Trader race
| Trader race | Percentages |
|---|---|
| White | 66.2% |
| Asian | 12.4% |
| Hispanic or Latino | 11.5% |
| Black or African American | 5.5% |
| Unknown | 4.1% |
| American Indian and Alaska Native | 0.3% |
Trader race and ethnicity over time
See how trader racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Trader race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 73.64% | 6.18% | 8.37% | 10.28% |
| 2011 | 73.75% | 5.81% | 9.21% | 9.78% |
| 2012 | 72.12% | 5.86% | 9.24% | 11.37% |
| 2013 | 72.58% | 5.13% | 9.87% | 10.35% |
| 2014 | 73.03% | 5.58% | 9.57% | 10.31% |
| 2015 | 72.66% | 5.71% | 9.84% | 9.92% |
| 2016 | 71.14% | 5.40% | 10.16% | 11.49% |
| 2017 | 71.43% | 5.26% | 9.94% | 11.27% |
| 2018 | 69.59% | 5.28% | 11.40% | 11.40% |
| 2019 | 71.47% | 5.62% | 10.72% | 10.30% |
| 2020 | 68.48% | 5.59% | 10.55% | 11.85% |
| 2021 | 66.16% | 5.54% | 12.43% | 11.53% |
Trader wage gap by race
According to our data, unknown traders have the highest average salary compared to other ethnicities. Black or african american traders have the lowest average salary at $78,185.
| Ethnicity | Salary |
|---|---|
| Unknown | $90,385 |
| White | $88,909 |
| Black or African American | $78,185 |
| Asian | $87,463 |
| Hispanic or Latino | $82,245 |
Average trader age
See how the average age of traders varies based on ethnicity and gender.
Male
Female
Trader 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 |
Trader age breakdown
The average age of traders is 40+ years years old, representing 58% of the trader population.
Trader age breakdown
| Trader Years | Percentages |
|---|---|
| 40+ years | 58% |
| 30-40 years | 28% |
| 20-30 years | 14% |
Trader educational attainment
The most common degree for traders is bachelor's degree, with 78% of traders earning that degree. The second and third most common degree levels are master's degree degree at 12% and master's degree degree at 5%.
- Bachelor's, 78%
- Master's, 12%
- Associate, 5%
- High School Diploma, 2%
- Other Degrees, 3%
Traders by degree level
| Trader degree | Percentages |
|---|---|
| Bachelor's | 78% |
| Master's | 12% |
| Associate | 5% |
| High School Diploma | 2% |
| Other Degrees | 3% |
Trader jobs you might like
Trader wage gap by degree level
According to the data, traders with a Master's degree earn more than those without, at $111,354 annually. With a Doctorate degree, traders earn a median annual income of $102,920 compared to $90,194 for traders with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $111,354 |
| Bachelor's Degree | $90,194 |
| Doctorate Degree | $102,920 |
Trader employment statistics
Most traders work for a private in the finance industry.
Company size where traders work
Below, you can see the size of companies where traders work.
Trader jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 7% |
| 50 - 100 employees | 17% |
| 100 - 500 employees | 20% |
| 500 - 1,000 employees | 12% |
| 1,000 - 10,000 employees | 21% |
| > 10,000 employees | 23% |
Trader jobs by company type
Employees with the trader job title have their preferences when it comes to working for a company. For instance, most traders prefer to work at private companies over public companies.
Trader jobs by sector
| Company type | Percentages |
|---|---|
| Education | 0% |
| Public | 30% |
| Private | 68% |
| Government | 1% |
Trader jobs by industry
The most common industries for traders are finance, energy and manufacturing.
Trader industry statistics
| Industry | Percentages |
|---|---|
| Finance | 47% |
| Fortune 500 | 12% |
| Manufacturing | 5% |
| Professional | 5% |
| Energy | 5% |
| Technology | 4% |
| Media | 3% |
| Real Estate | 3% |
| Transportation | 2% |
| Retail | 2% |
| Start-up | 2% |
| Insurance | 2% |
| Internet | 1% |
| Government | 1% |
| Construction | 1% |
| Health Care | 1% |
| Hospitality | 1% |
| Agriculture | 1% |
Trader turnover and employment statistics
Trader unemployment rate over time
The unemployment rate for traders between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Trader unemployment rate by year
| Year | Trader 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 trader tenure
The average trader stays at their job for 1-2 years, based on the 7,025 traders resumes in Zippia's database.
Trader tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 15% |
| 1-2 years | 38% |
| 3-4 years | 17% |
| 5-7 years | 14% |
| 8-10 years | 6% |
| 11+ years | 11% |
Trader LGBT ratio compared to similar jobs
Review the percent of traders 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 |
|---|---|---|
| Power Marketer | 5.13% | 2,735 |
| Trader | 5.67% | - |
| Commercial Lines Insurance Agent | 6.79% | 84,539 |
| Advertising Sales Representative | 9.53% | 202,147 |
| Corporate Travel Counselor | 17.39% | 40,927 |
Similar trader jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Power Marketer | 5.13% | 2,735 |
| Commercial Lines Insurance Agent | 6.79% | 84,539 |
| Advertising Sales Representative | 9.53% | 202,147 |
| Corporate Travel Counselor | 17.39% | 40,927 |
Foreign languages spoken by traders
The most common foreign language among traders is Spanish at 32.3%. The second-most popular foreign language spoken is French at 14.3% and Chinese is the third-most popular at 7.6%.
- Spanish, 32.3%
- French, 14.3%
- Chinese, 7.6%
- Mandarin, 6.9%
- Russian, 6.2%
- Other, 32.7%
Trader languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 32.3% |
| French | 14.3% |
| Chinese | 7.6% |
| Mandarin | 6.9% |
| Russian | 6.2% |
| Other | 32.7% |
