Average Compliance Officers Salary in Aguadilla, PR
Compliance Officers in Aguadilla, Puerto Rico, earn an average annual salary of $45,620. This figure is significantly lower than the national average of $85,520, reflecting regional economic factors and the specific demand within the local market. While the nominal salary may appear lower, it's crucial to consider the local economic landscape when evaluating compensation.
Executive Summary
- Average Salary: $45,620 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,500.
- Outlook: The job market for Compliance Officers in Aguadilla, PR, shows a notable concentration, with a Location Quotient of 2.46, indicating a demand that is more than double the national average. Despite a modest local workforce of 310 professionals, this high concentration suggests a robust and potentially growing need for these specialized roles within the region.
Salary Overview
The average Compliance Officers in Aguadilla, PR earns-46.7%below the national average.
$21.9
$877
$3,802
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Aguadilla is not provided, it is generally assumed that salaries for Compliance Officers nationwide have experienced steady growth over the past four years, driven by increasing regulatory complexity and the ongoing need for robust compliance frameworks across industries. This trend likely extends to Aguadilla, with local compensation potentially seeing incremental increases.
Compliance Officers Salary Distribution in Aguadilla, PR
Career progression for Compliance Officers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized expertise and a proven track record can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $24,810 | $11.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $34,215 | $16.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,040 | $17.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $57,025 | $27.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,500 | $48.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$45,620
Gross Pay
Real Wage (Purchasing Power)
$45,620
Adjusted for COL (100)
The average annual salary of $45,620 in Aguadilla, PR, aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Compliance Officer's salary in Aguadilla is comparable to that of someone earning the national average salary in a location with a national average cost of living.
Job Market Context
310
Total Jobs
6.35
Per 1K Jobs
2.46
Location Quotient
Aguadilla, PR has 2.5x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.46, Aguadilla, PR, demonstrates a significantly higher concentration of Compliance Officers compared to the national average. This suggests a specialized and potentially competitive market where demand for these professionals is elevated relative to the general workforce, offering unique opportunities for those in the field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Mayaguez, PR Compliance Officers Salary | $60,530↑ 33% | 16 mi |
| Arecibo, PR Compliance Officers Salary | $51,850↑ 14% | 27 mi |
| Puerto Rico nonmetropolitan area Compliance Officers Salary | $57,420↑ 26% | 40 mi |
| Ponce, PR Compliance Officers Salary | $53,690↑ 18% | 46 mi |
| San Juan-Bayamon-Caguas, PR Compliance Officers Salary | $55,490↑ 22% | 72 mi |
Comparing salaries near Aguadilla, PR
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Aguadilla, PR?
The median annual salary for a Compliance Officers in Aguadilla, PR is $45,620. This typically ranges from $24,810 for entry-level positions to $101,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Aguadilla, PR is 46.7% lower than the national median of $85,520.
Is Aguadilla, PR a lucrative place for Compliance Officers?
Yes, considering the cost of living.While the nominal salary of $45,620 is below the national average, it is balanced by a Cost of Living Index of 100, making it comparable in purchasing power. The high Location Quotient of 2.46 also indicates strong local demand.
Is Aguadilla, PR a good place to live for Compliance Officers?
The Cost of Living Index in Aguadilla, PR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Aguadilla, PR?
Some top paying nearby cities include Mayaguez, PR ($60,530) and Arecibo, PR.
How does Aguadilla's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Aguadilla, PR, is $45,620, which is considerably lower than the national average of $85,520.
What does the Location Quotient of 2.46 mean for Compliance Officers in Aguadilla?
A Location Quotient of 2.46 signifies that Compliance Officers are more than twice as concentrated in Aguadilla, PR, compared to the national average, indicating a higher relative demand for these roles in the local job market.
Is the cost of living in Aguadilla, PR high?
The Cost of Living Index in Aguadilla, PR, is 100, which is exactly the national average. This means that the general cost of goods and services is comparable to the rest of the United States.
What is the total number of Compliance Officers in Aguadilla, PR?
There are approximately 310 Compliance Officers working in Aguadilla, PR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Aguadilla, PR area with a job density of 6.35 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compliance Officers Salaries by State
Top Jobs in Aguadilla, PR
- All Occupations Salary in Aguadilla, PR
- Office and Administrative Support Occupations Salary in Aguadilla, PR
- Sales and Related Occupations Salary in Aguadilla, PR
- Production Occupations Salary in Aguadilla, PR
- Food Preparation and Serving Related Occupations Salary in Aguadilla, PR
- Educational Instruction and Library Occupations Salary in Aguadilla, PR
- Transportation and Material Moving Occupations Salary in Aguadilla, PR
- Miscellaneous Assemblers and Fabricators Salary in Aguadilla, PR
- Business and Financial Operations Occupations Salary in Aguadilla, PR
- Retail Salespersons Salary in Aguadilla, PR
- Browse All Jobs in Aguadilla, PR →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Aguadilla, PR