Average Compliance Officers Salary in Ann Arbor, MI
Compliance Officers in Ann Arbor, MI, earn an average annual salary of $92,200, surpassing the national average of $85,520. This elevated compensation reflects the specific demands and regulatory landscape within the Ann Arbor metropolitan area, potentially influenced by its robust educational and research institutions.
Executive Summary
- Average Salary: $92,200 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,840.
- Outlook: With a local workforce of 380 Compliance Officers and a Location Quotient of 0.68, Ann Arbor presents a moderately concentrated job market for this profession. While not as densely populated as the national average, the presence of a dedicated workforce suggests consistent demand and opportunities for skilled professionals within the region.
Salary Overview
The average Compliance Officers in Ann Arbor, MI earns+7.8%above the national average.
$44.3
$1,773
$7,683
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Ann Arbor, MI, have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving regulations, increased complexity in compliance requirements, and a competitive job market likely contribute to upward salary adjustments.
Compliance Officers Salary Distribution in Ann Arbor, MI
Experience significantly impacts a Compliance Officer's earning potential in Ann Arbor. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command salaries well above the average. The progression through various experience tiers, often reflected in salary percentile gaps, signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,380 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,150 | $33.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,110 | $35.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,250 | $55.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,840 | $57.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$92,200
Gross Pay
Real Wage (Purchasing Power)
$92,200
Adjusted for COL (100)
The average annual salary of $92,200 in Ann Arbor, MI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in Ann Arbor is equivalent to the national standard, offering a stable financial foundation without the added pressure of a higher cost of living.
Job Market Context
380
Total Jobs
1.765
Per 1K Jobs
0.68
Location Quotient
Ann Arbor, MI has 0.68x 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.
Ann Arbor's Location Quotient of 0.68 indicates that Compliance Officer roles are less concentrated here compared to the national average. This suggests that while the profession is present and valued, the market is not oversaturated, potentially offering a more favorable environment for job seekers looking for opportunities without intense competition.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Compliance Officers Salary | $69,240↓ 25% | 31 mi |
| Jackson, MI Compliance Officers Salary | $78,040↓ 15% | 34 mi |
| Detroit-Warren-Dearborn, MI Compliance Officers Salary | $83,210↓ 10% | 35 mi |
| Toledo, OH Compliance Officers Salary | $79,030↓ 14% | 43 mi |
| Flint, MI Compliance Officers Salary | $67,950↓ 26% | 52 mi |
Comparing salaries near Ann Arbor, MI
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Ann Arbor, MI?
The median annual salary for a Compliance Officers in Ann Arbor, MI is $92,200. This typically ranges from $46,380 for entry-level positions to $119,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ann Arbor, MI is 7.8% higher than the national median of $85,520.
Is Ann Arbor, MI a lucrative place for Compliance Officers?
Yes, Ann Arbor, MI offers a lucrative environment for Compliance Officers.Compliance Officers in Ann Arbor earn approximately 7.8% more than the national average, and this higher nominal salary is balanced by a cost of living that matches the national average.
Is Ann Arbor, MI a good place to live for Compliance Officers?
The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ann Arbor, MI?
Some top paying nearby cities include Monroe, MI ($69,240) and Jackson, MI.
What is the average salary for a Compliance Officer in Ann Arbor, MI?
The average annual salary for a Compliance Officer in Ann Arbor, MI is $92,200.
How does Ann Arbor's Compliance Officer salary compare to the national average?
Compliance Officers in Ann Arbor, MI earn an average of $92,200 annually, which is higher than the national average of $85,520.
What is the cost of living in Ann Arbor, MI compared to the national average?
Ann Arbor, MI has a Cost of Living Index of 100, which is exactly the same as the national average.
How concentrated is the Compliance Officer job market in Ann Arbor, MI?
The Compliance Officer job market in Ann Arbor, MI has a Location Quotient of 0.68, indicating it is less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Ann Arbor, MI area with a job density of 1.765 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 Ann Arbor, MI