Average Compliance Officers Salary in Birmingham, AL
Compliance Officers in Birmingham, AL earn an average annual salary of $80,700, which is slightly below the national average of $85,520. This difference in compensation can be attributed to a variety of local economic factors, including the specific industry demands and the overall cost of doing business within the Birmingham metropolitan area.
Executive Summary
- Average Salary: $80,700 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,880.
- Outlook: Birmingham's market for Compliance Officers appears stable, with a local workforce of 970 professionals. The Location Quotient of 0.73 suggests a slightly lower concentration of these roles compared to the national average, indicating a steady but not overly saturated demand for compliance expertise within the region.
Salary Overview
The average Compliance Officers in Birmingham, AL earns-5.6%below the national average.
$38.8
$1,552
$6,725
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Birmingham is not provided, the compliance field nationally has experienced consistent growth over the past four years, driven by increasing regulatory complexity and a greater emphasis on corporate governance. It is reasonable to assume that Birmingham's market has mirrored this trend, with salaries for Compliance Officers likely seeing incremental increases year-over-year.
Compliance Officers Salary Distribution in Birmingham, AL
Salary progression for Compliance Officers in Birmingham, AL, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized knowledge and proven track records can command salaries in the upper percentiles, reflecting their increased value and responsibility within organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,210 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,525 | $29.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,150 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,875 | $48.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,880 | $62 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$80,700
Gross Pay
Real Wage (Purchasing Power)
$80,700
Adjusted for COL (100)
With an average salary of $80,700 and a Cost of Living Index at exactly 100 (the national average), Compliance Officers in Birmingham find their nominal earnings align precisely with the national cost of living. This means that the purchasing power of their salary in Birmingham is comparable to the national average, offering a balanced financial landscape for residents.
Job Market Context
970
Total Jobs
1.883
Per 1K Jobs
0.73
Location Quotient
Birmingham, AL has 0.73x 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 0.73 for Compliance Officers in Birmingham indicates that this profession is less concentrated locally than the national average. This suggests that while there is a solid presence of these roles, the market may offer opportunities for skilled professionals without the intense competition found in more saturated areas.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Tuscaloosa, AL Compliance Officers Salary | $72,610↓ 10% | 47 mi |
| Northeast Alabama nonmetropolitan area Compliance Officers Salary | $65,750↓ 19% | 50 mi |
| Southeast Alabama nonmetropolitan area Compliance Officers Salary | $62,900↓ 22% | 50 mi |
| Northwest Alabama nonmetropolitan area Compliance Officers Salary | $63,190↓ 22% | 50 mi |
| Southwest Alabama nonmetropolitan area Compliance Officers Salary | $56,910↓ 29% | 50 mi |
Comparing salaries near Birmingham, AL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Birmingham, AL?
The median annual salary for a Compliance Officers in Birmingham, AL is $80,700. This typically ranges from $41,210 for entry-level positions to $128,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Birmingham, AL is 5.6% lower than the national median of $85,520.
Is Birmingham, AL a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.While Birmingham offers a stable job market for Compliance Officers, the average salary of $80,700 is below the national average of $85,520, and the Cost of Living is at the national average.
Is Birmingham, AL a good place to live for Compliance Officers?
The Cost of Living Index in Birmingham, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Birmingham, AL?
Some top paying nearby cities include Tuscaloosa, AL ($72,610) and Northeast Alabama nonmetropolitan area.
What is the average salary for a Compliance Officer in Birmingham, AL?
The average annual salary for a Compliance Officer in Birmingham, AL is $80,700.
How does Birmingham's Cost of Living compare to the national average?
Birmingham's Cost of Living Index is 100, which is exactly the national average.
Is the demand for Compliance Officers high in Birmingham?
The demand is steady, with 1.883 jobs per 1,000 workers and a Location Quotient of 0.73, suggesting a slightly lower concentration than the national average.
How does experience affect a Compliance Officer's salary in Birmingham?
Experience significantly impacts salary, with entry-level roles earning less and senior positions commanding higher salaries, reflecting career progression and increased responsibilities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 970 employees in the Birmingham, AL area with a job density of 1.883 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 Birmingham, AL