Average Compliance Officers Salary in Alabama
Compliance Officers in Alabama earn an average annual salary of $74,930, which is notably below the national average of $85,520. This disparity is often influenced by a combination of regional economic factors, industry concentration, and the overall demand for specialized compliance expertise within the state's specific business landscape.
Executive Summary
- Average Salary: $74,930 per year.
- Growth Trend: Salaries have shifted 5.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,820.
- Outlook: With a local workforce of 3,400 Compliance Officers, Alabama presents a moderate employment base for this profession. The Location Quotient of 0.63 indicates that the concentration of these roles is below the national average, suggesting that while opportunities exist, the market is not as saturated as in other regions, potentially offering a stable environment for dedicated professionals.
Salary Overview
The average Compliance Officers in Alabama earns-12.4%below the national average.
$36
$1,441
$6,244
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Alabama's Compliance Officer salaries over the past four years is not provided, it is generally assumed that, mirroring national trends, salaries in this field have experienced steady growth. This upward trajectory is driven by increasing regulatory complexity and the continuous need for skilled professionals to ensure adherence to evolving compliance standards.
Compliance Officers Salary Distribution in Alabama
The salary progression for Compliance Officers in Alabama, as in most regions, is significantly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive expertise and specialized certifications can expect to earn considerably more, often reaching into the upper percentiles of the salary range, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,840 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,198 | $27 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,190 | $33.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,663 | $45 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,820 | $57.1 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$74,930
Gross Pay
Real Wage (Purchasing Power)
$85,051
Adjusted for COL (88.1)
An average annual salary of $74,930 in Alabama, when viewed against a Cost of Living Index of 88.1 (meaning it's 11.9% cheaper than the national average), suggests that the purchasing power of a Compliance Officer's income in Alabama is relatively strong. Despite the nominal salary being lower than the national average, the lower cost of living can translate to a comparable or even improved standard of living for professionals in the state.
Job Market Context
3,400
Total Jobs
1.626
Per 1K Jobs
0.63
Location Quotient
Alabama has 0.63x the national average concentration of Compliance Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.63 for Compliance Officers in Alabama signifies that the state has a lower concentration of these professionals compared to the national average. This suggests that the job market, while present, is less competitive than in areas with a higher quotient, potentially offering more direct opportunities for qualified candidates seeking employment in this specialized field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Compliance Officers Salary | $76,110↑ 2% | 44 mi |
| Birmingham, AL Compliance Officers Salary | $80,700↑ 8% | 50 mi |
| Tuscaloosa, AL Compliance Officers Salary | $72,610↓ 3% | 52 mi |
| Auburn-Opelika, AL Compliance Officers Salary | $72,010↓ 4% | 77 mi |
| Anniston-Oxford, AL Compliance Officers Salary | $67,250↓ 10% | 82 mi |
Comparing salaries near Alabama
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Alabama?
The median annual salary for a Compliance Officers in Alabama is $74,930. This typically ranges from $38,840 for entry-level positions to $118,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alabama is 12.4% lower than the national median of $85,520.
Is Alabama a lucrative place for Compliance Officers?
No, but cost-effective.While the average salary of $74,930 is below the national average, Alabama's lower cost of living (88.1 index) makes the nominal salary more impactful for purchasing power.
Is Alabama a good place to live for Compliance Officers?
With a Cost of Living Index of 88.1 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Alabama?
Some top paying nearby cities include Montgomery, AL ($76,110) and Birmingham, AL.
How does Alabama's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Alabama is $74,930, which is approximately $10,590 less than the national average of $85,520.
What is the concentration of Compliance Officers in Alabama?
Alabama has a Location Quotient of 0.63 for Compliance Officers, indicating a lower concentration of these roles compared to the national average.
How does the cost of living in Alabama affect the salary?
With a Cost of Living Index of 88.1, Alabama is more affordable than the national average, meaning the $74,930 salary can offer a better standard of living than the same amount might in a higher-cost state.
What is the total number of Compliance Officers in Alabama?
There are approximately 3,400 Compliance Officers employed within the state of Alabama.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,400 employees in the Alabama area with a job density of 1.626 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Alabama