Average Compliance Officers Salary in Bellingham, WA
Compliance Officers in Bellingham, WA, earn an impressive average annual salary of $96,820, significantly surpassing the national average of $85,520. This elevated compensation is likely driven by a combination of specialized local industry needs and a robust demand for regulatory expertise within the region.
Executive Summary
- Average Salary: $96,820 per year.
- Growth Trend: Salaries have shifted 15.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,080.
- Outlook: Bellingham presents a compelling job market for Compliance Officers, evidenced by a substantial local workforce of 650 professionals. The Location Quotient of 2.75 indicates a concentration of these roles nearly three times the national average, suggesting strong and sustained demand for compliance expertise in the area.
Salary Overview
The average Compliance Officers in Bellingham, WA earns+13.2%above the national average.
$46.6
$1,862
$8,068
Compliance Officers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compliance Officers in Bellingham have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically fueled by evolving regulatory landscapes and an increasing emphasis on corporate governance and risk management.
Compliance Officers Salary Distribution in Bellingham, WA
Career progression for Compliance Officers in Bellingham is clearly reflected in salary differentials. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command salaries well above the average, with senior roles potentially reaching into the six figures. These percentile gaps highlight significant earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,210 | $26.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,615 | $34.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,870 | $49 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $121,025 | $58.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,080 | $57.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$96,820
Gross Pay
Real Wage (Purchasing Power)
$96,820
Adjusted for COL (100)
The average annual salary of $96,820 in Bellingham aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in Bellingham is equivalent to the national average, offering a stable financial standing without the added pressure of higher living expenses.
Job Market Context
650
Total Jobs
7.094
Per 1K Jobs
2.75
Location Quotient
Bellingham, WA has 2.8x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.75, Bellingham exhibits a highly concentrated market for Compliance Officers, indicating a demand that significantly outpaces the national average relative to its workforce size. This suggests a competitive environment for employers seeking talent, but also a favorable landscape for skilled professionals looking for opportunities.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Mount Vernon-Anacortes, WA Compliance Officers Salary | $81,690↓ 16% | 24 mi |
| Seattle-Tacoma-Bellevue, WA Compliance Officers Salary | $98,690↑ 2% | 80 mi |
| Bremerton-Silverdale-Port Orchard, WA Compliance Officers Salary | $78,270↓ 19% | 84 mi |
Comparing salaries near Bellingham, WA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Bellingham, WA?
The median annual salary for a Compliance Officers in Bellingham, WA is $96,820. This typically ranges from $55,210 for entry-level positions to $120,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bellingham, WA is 13.2% higher than the national median of $85,520.
Is Bellingham, WA a lucrative place for Compliance Officers?
Yes, Bellingham, WA is a lucrative place for Compliance Officers.Compliance Officers in Bellingham earn substantially more than the national average, with their salaries holding strong purchasing power due to a cost of living that matches the national average.
Is Bellingham, WA a good place to live for Compliance Officers?
The Cost of Living Index in Bellingham, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bellingham, WA?
Some top paying nearby cities include Mount Vernon-Anacortes, WA ($81,690) and Seattle-Tacoma-Bellevue, WA.
How does Bellingham's Compliance Officer salary compare to the national average?
Compliance Officers in Bellingham, WA, earn an average of $96,820 annually, which is over $11,000 more than the national average of $85,520.
What is the concentration of Compliance Officers in Bellingham?
Bellingham has a high concentration of Compliance Officers, with a Location Quotient of 2.75, meaning the role is nearly three times more common there than in the average U.S. location.
Does the cost of living affect the value of a Compliance Officer's salary in Bellingham?
No, the cost of living in Bellingham is exactly at the national average (100). Therefore, the higher nominal salary of $96,820 translates directly to strong purchasing power, equivalent to the national average.
How many Compliance Officer jobs are there per 1,000 workers in Bellingham?
There are approximately 7.094 Compliance Officer jobs per 1,000 workers in Bellingham, WA, indicating a significant presence of this profession within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Bellingham, WA area with a job density of 7.094 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 Bellingham, WA