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Average Compliance Officers Salary in Central Louisiana nonmetropolitan area

Compliance Officers in the Central Louisiana nonmetropolitan area earn an average annual salary of $71,210. This figure is notably below the national average of $85,520, reflecting regional economic factors and a potentially smaller demand pool. The specific economic landscape and industry concentration within this nonmetropolitan region directly influence compensation levels for these crucial roles.

Executive Summary

  • Average Salary: $71,210 per year.
  • Growth Trend: Salaries have shifted 2.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $117,580.
  • Outlook: The Central Louisiana nonmetropolitan area supports a dedicated workforce of 210 Compliance Officers. With a Location Quotient of 1.04, the concentration of these roles is slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand. The presence of 2.678 jobs per 1,000 workers indicates a consistent need for compliance expertise within the local economy.
2024 Market Data

Salary Overview

$71,210

The average Compliance Officers in Central Louisiana nonmetropolitan area earns-16.7%below the national average.

BreakdownBased on 40h/week
Hourly

$34.2

Weekly

$1,369

Monthly

$5,934

Compliance Officers Salary Distribution in Central Louisiana nonmetropolitan area

Career progression for Compliance Officers in Central Louisiana nonmetropolitan area typically correlates with increased salary. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command significantly higher compensation. The widening gap between entry-level and senior salaries reflects the value placed on expertise and proven track records in navigating complex compliance landscapes.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,600$18.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,408$25.7
ManagerOversees team, compliance, and project delivery.50% (Median)$65,400$31.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$89,013$42.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$117,580$56.5

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$71,210

Gross Pay

Real Wage (Purchasing Power)

$71,210

Adjusted for COL (100)

The average annual salary of $71,210 for Compliance Officers in Central Louisiana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power relative to the rest of the country, offering a stable financial foundation for residents. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay is not disproportionately diminished.

Job Market Context

210

Total Jobs

2.678

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Central Louisiana nonmetropolitan area has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.

A Location Quotient of 1.04 indicates that Compliance Officer roles are slightly more concentrated in the Central Louisiana nonmetropolitan area than the national average. This suggests a healthy, stable market where demand is met by a comparable supply of professionals. While not a booming market, the slight overrepresentation implies a consistent need and potentially fewer highly competitive scenarios compared to areas with significantly higher LQs.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Central Louisiana nonmetropolitan area

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Central Louisiana nonmetropolitan area?

The median annual salary for a Compliance Officers in Central Louisiana nonmetropolitan area is $71,210. This typically ranges from $38,600 for entry-level positions to $117,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Louisiana nonmetropolitan area is 16.7% lower than the national median of $85,520.

Is Central Louisiana nonmetropolitan area a lucrative place for Compliance Officers?

No, not exceptionally lucrative compared to national averages.The average salary of $71,210 is below the national average of $85,520, although the cost of living is on par nationally. The market shows stable demand but not premium compensation.

Is Central Louisiana nonmetropolitan area a good place to live for Compliance Officers?

The Cost of Living Index in Central Louisiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Louisiana nonmetropolitan area?

Some top paying nearby cities include Alexandria, LA ($70,050) and Baton Rouge, LA.

How does the local salary compare to the national average?

Compliance Officers in Central Louisiana nonmetropolitan area earn an average of $71,210 annually, which is approximately 16.6% lower than the national average of $85,520.

What is the concentration of Compliance Officers in this area?

The area has a Location Quotient of 1.04, indicating a slightly higher concentration of Compliance Officers compared to the national average, suggesting a stable local demand.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the same as the national average, the $71,210 salary in Central Louisiana nonmetropolitan area has equivalent purchasing power to the national average salary in a higher cost-of-living area.

What is the total number of Compliance Officers in the area?

There are approximately 210 Compliance Officers employed in the Central Louisiana 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 210 employees in the Central Louisiana nonmetropolitan area area with a job density of 2.678 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.