Average Compliance Officers Salary in Albuquerque, NM
Compliance Officers in Albuquerque, NM, earn an average annual salary of $78,200. This figure is slightly below the national average of $85,520, suggesting that while the demand for compliance expertise is present, local market dynamics and potentially a lower cost of living contribute to this compensation level. The specific economic landscape of Albuquerque influences the pay scale for these critical roles.
Executive Summary
- Average Salary: $78,200 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,380.
- Outlook: Albuquerque's market for Compliance Officers appears stable, with a total local workforce of 1,060 professionals. The location quotient of 1.03 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply. With 2.644 jobs per 1,000 workers, the presence of compliance professionals is consistent with national trends, pointing to a steady job market.
Salary Overview
The average Compliance Officers in Albuquerque, NM earns-8.6%below the national average.
$37.6
$1,504
$6,517
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Albuquerque is not provided, it is reasonable to assume that salaries for Compliance Officers in the city have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, evolving regulatory landscapes, and increased demand for specialized compliance knowledge typically drive upward salary adjustments in this field.
Compliance Officers Salary Distribution in Albuquerque, NM
The salary trajectory for Compliance Officers in Albuquerque typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the average. The percentile gaps in compensation clearly signify career progression and the increasing value placed on specialized skills and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,180 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,650 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,900 | $33.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,750 | $47 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,380 | $60.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$78,200
Gross Pay
Real Wage (Purchasing Power)
$78,200
Adjusted for COL (100)
With an average annual salary of $78,200 and a Cost of Living Index of 100, Compliance Officers in Albuquerque find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary in Albuquerque is comparable to the national average, offering a stable financial environment without significant advantages or disadvantages related to living expenses.
Job Market Context
1,060
Total Jobs
2.644
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Albuquerque, NM has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The location quotient of 1.03 for Compliance Officers in Albuquerque suggests a market that is neither significantly over- nor under-saturated compared to the national average. This indicates a healthy level of competition and opportunity, where employers are actively seeking compliance expertise at a rate consistent with national patterns. The job market is thus relatively balanced, offering a good environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Compliance Officers Salary | $74,580↓ 5% | 29 mi |
| Northern New Mexico nonmetropolitan area Compliance Officers Salary | $71,640↓ 8% | 29 mi |
| Santa Fe, NM Compliance Officers Salary | $63,900↓ 18% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Albuquerque, NM?
The median annual salary for a Compliance Officers in Albuquerque, NM is $78,200. This typically ranges from $45,180 for entry-level positions to $125,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 8.6% lower than the national median of $85,520.
Is Albuquerque, NM a lucrative place for Compliance Officers?
Yes, with caveats.While the average salary of $78,200 is slightly below the national average, the cost of living is also at the national average, making purchasing power comparable. The stable location quotient suggests a consistent demand for the role.
Is Albuquerque, NM a good place to live for Compliance Officers?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albuquerque, NM?
Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($74,580) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Albuquerque is $78,200, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Albuquerque?
Albuquerque has a location quotient of 1.03, indicating a concentration of Compliance Officers that is very close to the national average.
How does the cost of living in Albuquerque affect salary perception?
Albuquerque's Cost of Living Index is 100, which is the national average. This means the $78,200 salary provides purchasing power equivalent to the national average.
What is the total number of Compliance Officers in Albuquerque?
There are approximately 1,060 Compliance Officers working in Albuquerque, NM.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,060 employees in the Albuquerque, NM area with a job density of 2.644 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 Albuquerque, NM