Average Compliance Officers Salary in Capital/Northern New York nonmetropolitan area
Compliance Officers in the Capital/Northern New York nonmetropolitan area earn an impressive average annual salary of $89,110. This figure notably surpasses the national average of $85,520, indicating a strong demand and potentially higher value placed on these professionals within this specific region. The localized economic factors and industry concentration likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $89,110 per year.
- Growth Trend: Salaries have shifted 25.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,760.
- Outlook: The Capital/Northern New York nonmetropolitan area supports a dedicated workforce of 780 Compliance Officers. With a jobs-per-1,000-workers ratio of 5.565, the presence of these roles within the local economy is substantial, suggesting a robust and stable job market for compliance professionals in this region.
Salary Overview
The average Compliance Officers in Capital/Northern New York nonmetropolitan area earns+4.2%above the national average.
$42.8
$1,714
$7,426
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in the Capital/Northern New York nonmetropolitan area have experienced steady growth over the past four years, mirroring national trends. This anticipated upward trajectory in compensation reflects the increasing importance of regulatory adherence and the evolving demands placed upon compliance professionals.
Compliance Officers Salary Distribution in Capital/Northern New York nonmetropolitan area
Salary progression for Compliance Officers typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized knowledge can command salaries well above the average. The widening gap between entry-level and senior roles, often seen in percentile data, clearly signifies substantial career advancement opportunities and corresponding pay increases.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,000 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,833 | $32.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,550 | $47.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,388 | $53.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,760 | $53.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$89,110
Gross Pay
Real Wage (Purchasing Power)
$89,110
Adjusted for COL (100)
The average annual salary of $89,110 in the Capital/Northern New York nonmetropolitan area aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
780
Total Jobs
5.565
Per 1K Jobs
2.16
Location Quotient
Capital/Northern New York nonmetropolitan area has 2.2x 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 2.16, the Capital/Northern New York nonmetropolitan area exhibits a significantly higher concentration of Compliance Officers compared to the national average. This suggests a specialized and potentially competitive market where demand for these skills is notably pronounced, making it an attractive area for compliance professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Compliance Officers Salary | $84,090↓ 6% | 49 mi |
| Kingston, NY Compliance Officers Salary | $87,390↓ 2% | 51 mi |
| Scranton--Wilkes-Barre, PA Compliance Officers Salary | $66,500↓ 25% | 64 mi |
| Utica-Rome, NY Compliance Officers Salary | $75,090↓ 16% | 66 mi |
| Albany-Schenectady-Troy, NY Compliance Officers Salary | $83,110↓ 7% | 68 mi |
Comparing salaries near Capital/Northern New York nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Capital/Northern New York nonmetropolitan area?
The median annual salary for a Compliance Officers in Capital/Northern New York nonmetropolitan area is $89,110. This typically ranges from $49,000 for entry-level positions to $110,760 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Capital/Northern New York nonmetropolitan area is 4.2% higher than the national median of $85,520.
Is Capital/Northern New York nonmetropolitan area a lucrative place for Compliance Officers?
Yes, it is a lucrative place for Compliance Officers.Compliance Officers in this region earn above the national average salary, and the cost of living is at the national average, indicating strong earning potential and purchasing power.
Is Capital/Northern New York nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Capital/Northern New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Capital/Northern New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($84,090) and Kingston, NY.
How does the local salary compare to the national average?
Compliance Officers in the Capital/Northern New York nonmetropolitan area earn an average of $89,110 annually, which is higher than the national average of $85,520.
What is the concentration of Compliance Officers in this area?
The Location Quotient of 2.16 indicates that Compliance Officers are more than twice as concentrated in the Capital/Northern New York nonmetropolitan area compared to the national average.
How does the cost of living affect the salary?
The cost of living in this area is exactly at the national average (index of 100), meaning the $89,110 salary offers purchasing power equivalent to the national average.
What is the total number of Compliance Officers in this region?
There are approximately 780 Compliance Officers employed within the Capital/Northern New York nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Capital/Northern New York nonmetropolitan area area with a job density of 5.565 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 Capital/Northern New York nonmetropolitan area