Average Compliance Officers Salary in Arizona
Compliance Officers in Arizona earn an average annual salary of $79,240, which is notably below the national average of $85,520. This differential is often influenced by a combination of regional economic factors, industry concentration, and the specific demand dynamics within the state's regulatory and business landscape.
Executive Summary
- Average Salary: $79,240 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,320.
- Outlook: Arizona's compliance officer job market appears robust, evidenced by a substantial local workforce of 11,590 professionals. The Location Quotient of 1.41 strongly suggests a higher concentration of these roles in Arizona compared to the national average, indicating a healthy demand and a significant presence of compliance expertise within the state.
Salary Overview
The average Compliance Officers in Arizona earns-7.3%below the national average.
$38.1
$1,524
$6,603
Compliance Officers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compliance Officers in Arizona have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing regulatory complexity, a greater emphasis on corporate governance, and the continuous need for skilled professionals to navigate these evolving landscapes.
Compliance Officers Salary Distribution in Arizona
The salary trajectory for Compliance Officers in Arizona typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,570 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,430 | $28.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,070 | $35.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,050 | $47.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,320 | $59.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$79,240
Gross Pay
Real Wage (Purchasing Power)
$74,474
Adjusted for COL (106.4)
While the nominal average salary for Compliance Officers in Arizona is $79,240, the local Cost of Living Index stands at 106.4, meaning it is 6.4% higher than the national average. This suggests that the purchasing power of an Arizona-based Compliance Officer's salary is slightly diminished when compared to areas with a cost of living at the national baseline.
Job Market Context
11,590
Total Jobs
3.625
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Arizona has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
With a Location Quotient of 1.41, Arizona demonstrates a concentration of Compliance Officer roles that is 41% higher than the national average. This indicates a competitive yet abundant market, suggesting that while opportunities are plentiful, the demand is also significant, potentially leading to a dynamic job search environment for both employers and candidates.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Phoenix-Mesa-Chandler, AZ Compliance Officers Salary | $80,940↑ 2% | 39 mi |
| Prescott Valley-Prescott, AZ Compliance Officers Salary | $62,000↓ 22% | 79 mi |
Comparing salaries near Arizona
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Arizona?
The median annual salary for a Compliance Officers in Arizona is $79,240. This typically ranges from $45,570 for entry-level positions to $123,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arizona is 7.3% lower than the national median of $85,520.
Is Arizona a lucrative place for Compliance Officers?
Moderately. Arizona offers a solid average salary for Compliance Officers, but it slightly trails the national average while boasting a higher cost of living.The average salary of $79,240 is competitive, yet the cost of living at 106.4% of the national average means purchasing power is somewhat reduced. However, the high concentration of roles (LQ 1.41) suggests strong demand.
Is Arizona a good place to live for Compliance Officers?
The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Arizona?
Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($80,940) and Prescott Valley-Prescott, AZ.
How does the Arizona job market compare to the national average for Compliance Officers?
Arizona has a higher concentration of Compliance Officer jobs than the national average, indicated by a Location Quotient of 1.41, suggesting more opportunities relative to the general workforce.
What is the average salary for a Compliance Officer in Arizona?
The average annual salary for a Compliance Officer in Arizona is $79,240, which is less than the national average of $85,520.
How does the cost of living in Arizona affect a Compliance Officer's salary?
Arizona's cost of living is 6.4% higher than the national average. This means that the $79,240 salary has less purchasing power compared to areas with a cost of living at the national average.
What is the total number of Compliance Officers in Arizona?
There are approximately 11,590 Compliance Officers employed in Arizona, representing 3.625 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,590 employees in the Arizona area with a job density of 3.625 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 Arizona