Average Compliance Officers Salary in Canton-Massillon, OH
Compliance Officers in Canton-Massillon, OH, earn an average annual salary of $66,060. This figure is notably below the national average of $85,520, reflecting regional economic factors and the specific demand within the local market. The lower average salary is a direct consequence of the localized job market dynamics and the concentration of these roles within the Canton-Massillon area.
Executive Summary
- Average Salary: $66,060 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,970.
- Outlook: The Canton-Massillon area supports a local workforce of 270 Compliance Officers, with 1.653 jobs per 1,000 workers. While the total workforce size is modest, the Location Quotient of 0.64 suggests a slightly lower concentration of these roles compared to the national average. This indicates a stable, albeit not exceptionally high, demand for compliance professionals in the region.
Salary Overview
The average Compliance Officers in Canton-Massillon, OH earns-22.8%below the national average.
$31.8
$1,270
$5,505
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compliance Officers, like many professional roles, have experienced steady growth over the past four years. This trend is typically driven by increasing regulatory complexity, evolving industry standards, and a consistent need for skilled professionals to ensure adherence to legal and ethical guidelines.
Compliance Officers Salary Distribution in Canton-Massillon, OH
Career progression for Compliance Officers in Canton-Massillon, OH, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Compliance Officers with extensive expertise and leadership responsibilities can command salaries well above the average. The percentile gaps in salary distribution clearly signify these opportunities for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,960 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,545 | $23.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,510 | $29.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,575 | $39.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,970 | $50 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$66,060
Gross Pay
Real Wage (Purchasing Power)
$66,060
Adjusted for COL (100)
The average annual salary of $66,060 for Compliance Officers in Canton-Massillon, OH, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage for professionals in this role within the region.
Job Market Context
270
Total Jobs
1.653
Per 1K Jobs
0.64
Location Quotient
Canton-Massillon, OH has 0.64x 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.
With a Location Quotient of 0.64, Canton-Massillon, OH, has a lower concentration of Compliance Officers relative to the national average. This suggests that the job market for these professionals is less saturated than in many other parts of the country, potentially offering a more favorable environment for job seekers looking for opportunities, though it also implies a smaller overall pool of available positions.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Akron, OH Compliance Officers Salary | $81,020↑ 23% | 20 mi |
| Youngstown-Warren, OH Compliance Officers Salary | $65,010↓ 2% | 43 mi |
| Cleveland, OH Compliance Officers Salary | $80,520↑ 22% | 49 mi |
| Weirton-Steubenville, WV-OH Compliance Officers Salary | $57,510↓ 13% | 50 mi |
| Mansfield, OH Compliance Officers Salary | $68,130↑ 3% | 61 mi |
Comparing salaries near Canton-Massillon, OH
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Canton-Massillon, OH?
The median annual salary for a Compliance Officers in Canton-Massillon, OH is $66,060. This typically ranges from $38,960 for entry-level positions to $103,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Canton-Massillon, OH is 22.8% lower than the national median of $85,520.
Is Canton-Massillon, OH a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.The average salary of $66,060 is significantly lower than the national average of $85,520. However, the Cost of Living Index of 100 means the purchasing power of this salary is on par with the national average.
Is Canton-Massillon, OH a good place to live for Compliance Officers?
The Cost of Living Index in Canton-Massillon, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Canton-Massillon, OH?
Some top paying nearby cities include Akron, OH ($81,020) and Youngstown-Warren, OH.
How does the Canton-Massillon salary compare to the national average?
The average salary for Compliance Officers in Canton-Massillon, OH, is $66,060, which is considerably lower than the national average of $85,520.
What is the Cost of Living in Canton-Massillon, OH?
Canton-Massillon, OH has a Cost of Living Index of 100, which is exactly the national average, indicating that the cost of goods and services is neither higher nor lower than the typical US city.
How many Compliance Officers are there in Canton-Massillon, OH?
There are approximately 270 Compliance Officers employed in the Canton-Massillon, OH area, representing 1.653 jobs per 1,000 workers.
Is the job market for Compliance Officers competitive in Canton-Massillon, OH?
With a Location Quotient of 0.64, the market is less concentrated than the national average, suggesting it may be less competitive but also indicates fewer overall opportunities compared to national hubs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Canton-Massillon, OH area with a job density of 1.653 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 Canton-Massillon, OH