Average Compliance Officers Salary in Atlantic City-Hammonton, NJ
Compliance Officers in the Atlantic City-Hammonton, NJ area earn an average annual salary of $79,230. This figure is slightly below the national average of $85,520, reflecting regional economic factors and the specific demand within this locale. While the nominal salary may be lower, the cost of living in Atlantic City-Hammonton is right at the national average, suggesting a balanced purchasing power for these professionals.
Executive Summary
- Average Salary: $79,230 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,220.
- Outlook: The Atlantic City-Hammonton area supports a local workforce of 320 Compliance Officers. With a Location Quotient of 0.75, the concentration of these roles is slightly below the national average, indicating a moderate but not oversaturated job market. The presence of nearly 2 jobs per 1,000 workers suggests a steady demand for compliance expertise within the region's specific industries.
Salary Overview
The average Compliance Officers in Atlantic City-Hammonton, NJ earns-7.4%below the national average.
$38.1
$1,524
$6,603
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Atlantic City-Hammonton is not provided, it is generally observed that salaries for Compliance Officers nationwide have experienced consistent growth over the past four years, driven by increasing regulatory complexity and the critical need for risk management. This upward trend is likely mirrored, to some extent, within the Atlantic City-Hammonton market, as professionals adapt to evolving compliance landscapes.
Compliance Officers Salary Distribution in Atlantic City-Hammonton, NJ
Career progression for Compliance Officers typically involves significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command salaries well above the average. The widening percentile gaps in salary data often signify the substantial rewards associated with advancing from junior to senior compliance roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,220 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,423 | $28.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,380 | $35.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,038 | $47.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,220 | $55.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$79,230
Gross Pay
Real Wage (Purchasing Power)
$79,230
Adjusted for COL (100)
With a Cost of Living Index of 100, Atlantic City-Hammonton, NJ, offers a cost of living that is precisely aligned with the national average. This means the nominal salary of $79,230 for Compliance Officers holds its purchasing power effectively within the local market. Professionals relocating to this area will find that their earnings translate directly to the expected national standard of living expenses.
Job Market Context
320
Total Jobs
1.927
Per 1K Jobs
0.75
Location Quotient
Atlantic City-Hammonton, NJ has 0.75x 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.
The Location Quotient of 0.75 for Compliance Officers in Atlantic City-Hammonton suggests that the profession is less concentrated here compared to the national average. This indicates that while the job market is stable with a decent number of positions (1.927 per 1,000 workers), it may not be as intensely competitive as in areas with a higher concentration of compliance roles, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Vineland, NJ Compliance Officers Salary | $69,860↓ 12% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Compliance Officers Salary | $89,270↑ 13% | 55 mi |
| Sussex Delaware nonmetropolitan area Compliance Officers Salary | $72,800↓ 8% | 56 mi |
| Dover, DE Compliance Officers Salary | $82,370↑ 4% | 59 mi |
| Trenton-Princeton, NJ Compliance Officers Salary | $87,400↑ 10% | 61 mi |
Comparing salaries near Atlantic City-Hammonton, NJ
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Atlantic City-Hammonton, NJ?
The median annual salary for a Compliance Officers in Atlantic City-Hammonton, NJ is $79,230. This typically ranges from $50,220 for entry-level positions to $115,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Atlantic City-Hammonton, NJ is 7.4% lower than the national median of $85,520.
Is Atlantic City-Hammonton, NJ a lucrative place for Compliance Officers?
Moderately so, with balanced purchasing power.While the average salary of $79,230 is below the national average, the local Cost of Living Index of 100 means that earnings have equivalent purchasing power to the national standard. The job market is stable but not overly saturated.
Is Atlantic City-Hammonton, NJ a good place to live for Compliance Officers?
The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Atlantic City-Hammonton, NJ?
Some top paying nearby cities include Vineland, NJ ($69,860) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
How does the Atlantic City-Hammonton salary compare to the national average?
The average salary for Compliance Officers in Atlantic City-Hammonton is $79,230, which is approximately $6,290 less than the national average of $85,520.
What is the concentration of Compliance Officers in Atlantic City-Hammonton?
The Location Quotient is 0.75, indicating that Compliance Officers are employed at a rate 25% lower than the national average relative to the overall workforce.
Does the cost of living affect the value of a Compliance Officer's salary in Atlantic City-Hammonton?
No, the Cost of Living Index is 100, meaning it is exactly average. Therefore, the $79,230 salary has the same purchasing power as the national average salary.
How many Compliance Officers work in the Atlantic City-Hammonton area?
There are approximately 320 Compliance Officers employed in the Atlantic City-Hammonton metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Atlantic City-Hammonton, NJ area with a job density of 1.927 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 Atlantic City-Hammonton, NJ