Average Compliance Officers Salary in Alaska
Compliance Officers in Alaska earn an impressive average annual salary of $91,500, surpassing the national average of $85,520. This elevated compensation is largely influenced by Alaska's unique economic landscape and the inherent costs associated with operating and living in the state, necessitating higher pay to attract and retain skilled professionals.
Executive Summary
- Average Salary: $91,500 per year.
- Growth Trend: Salaries have shifted 8.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,690.
- Outlook: With a local workforce of 770 Compliance Officers, Alaska demonstrates a stable, albeit niche, job market for this profession. The Location Quotient of 0.93 suggests a concentration slightly below the national average, indicating a steady demand that aligns with the overall workforce size, rather than an oversaturated or exceptionally scarce market.
Salary Overview
The average Compliance Officers in Alaska earns+7.0%above the national average.
$44
$1,760
$7,625
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Alaska have experienced consistent growth over the past four years. This trend is typical across many professional fields, driven by inflation, increasing regulatory complexity, and the ongoing need for specialized expertise in compliance roles.
Compliance Officers Salary Distribution in Alaska
Career progression for Compliance Officers in Alaska significantly impacts earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average, often reaching into the six figures. The widening gap between entry-level and senior salaries reflects the increasing value placed on expertise and proven track records.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,880 | $28.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,625 | $33 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,730 | $42.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,375 | $55 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,690 | $61.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$91,500
Gross Pay
Real Wage (Purchasing Power)
$72,275
Adjusted for COL (126.6)
While the average salary of $91,500 appears robust, it's crucial to consider Alaska's Cost of Living Index of 126.6. This indicates that expenses for goods, services, and housing are approximately 26.6% higher than the national average. Therefore, the purchasing power of an Alaskan Compliance Officer's salary is somewhat diminished compared to areas with a lower cost of living, requiring careful budgeting.
Job Market Context
770
Total Jobs
2.387
Per 1K Jobs
0.93
Location Quotient
Alaska has 0.93x 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.
A Location Quotient of 0.93 signifies that Compliance Officers are employed in Alaska at a rate very close to the national average. This suggests that the job market is neither exceptionally competitive nor unusually abundant; rather, it reflects a balanced demand for these specialized roles relative to the state's overall employment landscape.
Nearby Job Markets
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Alaska?
The median annual salary for a Compliance Officers in Alaska is $91,500. This typically ranges from $58,880 for entry-level positions to $127,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alaska is 7.0% higher than the national median of $85,520.
Is Alaska a lucrative place for Compliance Officers?
Yes, with caveats.Compliance Officers in Alaska earn above the national average salary. However, the significantly higher cost of living means the real value of this salary requires careful financial planning.
Is Alaska a good place to live for Compliance Officers?
The Cost of Living Index in Alaska is 126.6. While higher than average, this often correlates with higher wages.
How does Alaska's cost of living affect a Compliance Officer's salary?
Alaska's Cost of Living Index is 126.6, meaning expenses are higher than the national average. While the $91,500 salary is good, its purchasing power is reduced by these elevated costs.
Is the job market for Compliance Officers strong in Alaska?
The market is stable, with a Location Quotient of 0.93 indicating a presence close to the national average. The total workforce of 770 suggests consistent, but not booming, demand.
Can experience significantly increase a Compliance Officer's salary in Alaska?
Absolutely. Senior Compliance Officers with specialized skills and years of experience can expect to earn considerably more than the $91,500 average, reflecting their advanced expertise.
How does Alaska's Compliance Officer salary compare to the national average?
Compliance Officers in Alaska earn an average of $91,500 annually, which is higher than the national average of $85,520, reflecting regional economic factors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the Alaska area with a job density of 2.387 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 Alaska