Average Compliance Officers Salary in Arkansas
Compliance Officers in Arkansas earn an average annual salary of $73,340. This figure is notably below the national average of $85,520, reflecting regional economic factors and the specific demand within the state's industries. The compensation landscape for these professionals is intrinsically tied to the economic vitality and industry concentration within Arkansas.
Executive Summary
- Average Salary: $73,340 per year.
- Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,840.
- Outlook: With a local workforce of 2,850 Compliance Officers, Arkansas presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.86 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a moderate but steady demand for skilled compliance professionals within the state's economic framework.
Salary Overview
The average Compliance Officers in Arkansas earns-14.2%below the national average.
$35.3
$1,410
$6,112
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Arkansas Compliance Officers isn't provided, it's reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic growth, evolving regulatory landscapes, and increased emphasis on corporate governance likely contribute to a gradual increase in compensation for these vital roles across the state.
Compliance Officers Salary Distribution in Arkansas
The salary trajectory for Compliance Officers in Arkansas typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized knowledge and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify career progression and the increasing value placed on expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,220 | $20.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,005 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,560 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,675 | $44.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,840 | $60 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$73,340
Gross Pay
Real Wage (Purchasing Power)
$81,218
Adjusted for COL (90.3)
The average annual salary of $73,340 in Arkansas offers a favorable purchasing power, given the state's Cost of Living Index of 90.3. This index, which is below the national average of 100, means that the nominal salary earned by Compliance Officers in Arkansas can translate into a higher real income and a better standard of living compared to more expensive regions.
Job Market Context
2,850
Total Jobs
2.211
Per 1K Jobs
0.86
Location Quotient
Arkansas has 0.86x 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 0.86 for Compliance Officers in Arkansas indicates that the profession is slightly underrepresented compared to the national average. This suggests a potentially less saturated job market, which could translate into good opportunities for qualified candidates, though it also implies that the overall demand might not be as robust as in areas with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Compliance Officers Salary | $69,130↓ 6% | 17 mi |
| Hot Springs, AR Compliance Officers Salary | $62,660↓ 15% | 51 mi |
Comparing salaries near Arkansas
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Frequently Asked Questions
How much does a Compliance Officers make in Arkansas?
The median annual salary for a Compliance Officers in Arkansas is $73,340. This typically ranges from $42,220 for entry-level positions to $124,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arkansas is 14.2% lower than the national median of $85,520.
Is Arkansas a lucrative place for Compliance Officers?
No, but it offers good value.While the average salary of $73,340 is below the national average, the lower cost of living in Arkansas makes the compensation more competitive in real terms.
Is Arkansas a good place to live for Compliance Officers?
With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Arkansas?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($69,130) and Hot Springs, AR.
How does Arkansas compare to the national average for Compliance Officer salaries?
Compliance Officers in Arkansas earn approximately $12,180 less annually than the national average, with an average salary of $73,340 compared to $85,520.
What is the concentration of Compliance Officers in Arkansas?
The Location Quotient of 0.86 suggests that Compliance Officers are slightly less concentrated in Arkansas than the national average, indicating a moderate presence in the state's workforce.
How does the cost of living affect the value of a Compliance Officer's salary in Arkansas?
With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average, meaning the $73,340 salary provides a higher purchasing power for residents.
What does the number of Compliance Officers per 1,000 workers indicate for Arkansas?
The figure of 2.211 jobs per 1,000 workers suggests a steady, though not exceptionally high, demand for Compliance Officers within the state's labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,850 employees in the Arkansas area with a job density of 2.211 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 Arkansas