Average Compliance Officers Salary in Billings, MT
Compliance Officers in Billings, MT earn an average annual salary of $73,930. This figure is notably below the national average of $85,520, reflecting localized economic factors and industry demand specific to the Montana region. While the national trend may indicate higher compensation, the Billings market presents a unique compensation landscape for these vital roles.
Executive Summary
- Average Salary: $73,930 per year.
- Growth Trend: Salaries have shifted 7.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,010.
- Outlook: With a total local workforce of 200 Compliance Officers, Billings, MT demonstrates a moderate presence in this sector. The Location Quotient of 0.85 suggests that the concentration of these professionals is slightly below the national average, indicating a stable but not exceptionally high demand. The rate of 2.185 jobs per 1,000 workers further supports a consistent, albeit not rapidly expanding, job market for Compliance Officers in the area.
Salary Overview
The average Compliance Officers in Billings, MT earns-13.6%below the national average.
$35.5
$1,422
$6,161
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Billings is not provided, it is reasonable to assume that the salary for Compliance Officers in this region has experienced growth over the past four years, mirroring national trends. Economic shifts and increasing regulatory complexities typically drive up demand and, consequently, compensation for skilled compliance professionals, even in localized markets.
Compliance Officers Salary Distribution in Billings, MT
Salary progression for Compliance Officers in Billings, MT, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized knowledge can command substantially higher salaries. The widening gap between entry-level and senior-level compensation reflects the career growth and increased responsibilities associated with advancing in the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,860 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,448 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,930 | $33.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,413 | $44.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,010 | $51 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$73,930
Gross Pay
Real Wage (Purchasing Power)
$73,930
Adjusted for COL (100)
The average annual salary for a Compliance Officer in Billings, MT, stands at $73,930, aligning perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, suggesting that the cost of living in Billings does not significantly inflate or deflate the perceived value of this income compared to other parts of the country.
Job Market Context
200
Total Jobs
2.185
Per 1K Jobs
0.85
Location Quotient
Billings, MT has 0.85x 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 0.85 for Compliance Officers in Billings, MT, indicates that the industry is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant sector within the local economy. The market is neither oversaturated nor experiencing an extreme shortage, presenting a balanced environment for both employers and job seekers.
Nearby Job Markets
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Billings, MT?
The median annual salary for a Compliance Officers in Billings, MT is $73,930. This typically ranges from $49,860 for entry-level positions to $106,010 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Billings, MT is 13.6% lower than the national median of $85,520.
Is Billings, MT a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.The average salary of $73,930 is below the national average of $85,520, although the cost of living is on par with the national average.
Is Billings, MT a good place to live for Compliance Officers?
The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.
How does the Billings Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Billings, MT is $73,930, which is lower than the national average of $85,520.
What is the concentration of Compliance Officers in Billings, MT?
The Location Quotient of 0.85 indicates that the concentration of Compliance Officers in Billings is slightly below the national average.
How does the cost of living in Billings affect the Compliance Officer salary?
With a Cost of Living Index of 100, Billings matches the national average, meaning the $73,930 salary has equivalent purchasing power nationally.
What is the job market like for Compliance Officers in Billings, MT?
The market is stable with a moderate presence of Compliance Officers, suggesting consistent demand without extreme competition or scarcity.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Billings, MT area with a job density of 2.185 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 Billings, MT