Average Compliance Officers Salary in Central North Carolina nonmetropolitan area
Compliance Officers in Central North Carolina's nonmetropolitan areas earn an average annual salary of $65,660. This figure is notably below the national average of $85,520, reflecting the economic dynamics and potentially lower demand for specialized roles in less densely populated regions. The compensation is influenced by factors such as the local industry mix and the overall economic output of the area.
Executive Summary
- Average Salary: $65,660 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $85,160.
- Outlook: The job market for Compliance Officers in this Central North Carolina nonmetropolitan area appears stable, albeit with a concentration below the national average. With a total local workforce of 330, the demand, as indicated by 1.38 jobs per 1,000 workers and a Location Quotient of 0.53, suggests a niche but present need for these professionals. While not a high-demand hub, the steady presence indicates ongoing opportunities for skilled individuals.
Salary Overview
The average Compliance Officers in Central North Carolina nonmetropolitan area earns-23.2%below the national average.
$31.6
$1,263
$5,472
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan region isn't provided, it's reasonable to assume that salaries for Compliance Officers nationwide have seen a gradual increase over the past four years, driven by evolving regulatory landscapes and the increasing importance of compliance functions across industries. This general trend likely extends to Central North Carolina, though the rate of growth may differ from national averages.
Compliance Officers Salary Distribution in Central North Carolina nonmetropolitan area
Salary progression for Compliance Officers typically correlates strongly with experience. Entry-level positions often start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, with senior Compliance Officers earning substantially more than their junior counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,090 | $20.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,245 | $23.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,490 | $30.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,075 | $39.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $85,160 | $40.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$65,660
Gross Pay
Real Wage (Purchasing Power)
$65,660
Adjusted for COL (100)
The average annual salary of $65,660 in Central North Carolina's nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that, on average, the purchasing power of a Compliance Officer's salary in this region is equivalent to that of someone earning the national average salary in a national-average cost of living area. Therefore, the nominal salary translates directly to the local economic reality without significant inflation or deflationary impact.
Job Market Context
330
Total Jobs
1.38
Per 1K Jobs
0.53
Location Quotient
Central North Carolina nonmetropolitan area has 0.53x 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 0.53, the market for Compliance Officers in Central North Carolina's nonmetropolitan area is less concentrated than the national average. This suggests that while the role is present, it is not a primary industry driver or a heavily saturated field compared to other regions. This lower concentration could imply less competition for available positions but also potentially fewer overall opportunities compared to more metropolitan or specialized economic zones.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Compliance Officers Salary | $85,300↑ 30% | 32 mi |
| Pinehurst-Southern Pines, NC Compliance Officers Salary | $66,110↑ 1% | 36 mi |
| Burlington, NC Compliance Officers Salary | $71,920↑ 10% | 36 mi |
| Winston-Salem, NC Compliance Officers Salary | $75,960↑ 16% | 41 mi |
| Durham-Chapel Hill, NC Compliance Officers Salary | $93,530↑ 42% | 56 mi |
Comparing salaries near Central North Carolina nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Central North Carolina nonmetropolitan area?
The median annual salary for a Compliance Officers in Central North Carolina nonmetropolitan area is $65,660. This typically ranges from $42,090 for entry-level positions to $85,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central North Carolina nonmetropolitan area is 23.2% lower than the national median of $85,520.
Is Central North Carolina nonmetropolitan area a lucrative place for Compliance Officers?
No, it is not considered a lucrative place for Compliance Officers.The average salary of $65,660 is significantly lower than the national average of $85,520, indicating less competitive pay. While the cost of living is average, the lower salary limits the overall financial attractiveness of the role in this region.
Is Central North Carolina nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Central North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central North Carolina nonmetropolitan area?
Some top paying nearby cities include Greensboro-High Point, NC ($85,300) and Pinehurst-Southern Pines, NC.
How does the local workforce size affect Compliance Officer jobs?
The total local workforce of 330 indicates a smaller labor pool, which can sometimes lead to fewer specialized roles like Compliance Officers compared to larger metropolitan areas. However, it also suggests a potentially tighter-knit professional community.
What does a Location Quotient of 0.53 mean for Compliance Officers?
A Location Quotient of 0.53 signifies that Compliance Officers are less concentrated in this nonmetropolitan area compared to the national average. This implies fewer job openings relative to the national landscape but potentially less competition for those roles.
Are there many Compliance Officer jobs per 1,000 workers in this area?
There are 1.38 Compliance Officer jobs per 1,000 workers in this Central North Carolina nonmetropolitan area. This rate is below the national average, suggesting a moderate but not abundant presence of these roles.
How does the cost of living impact the $65,660 salary?
With a Cost of Living Index of 100, the $65,660 salary has the same purchasing power as the national average salary in a national average cost of living area. This means the salary is fair for the local economic conditions, despite being below the national average pay.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Central North Carolina nonmetropolitan area area with a job density of 1.38 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 Central North Carolina nonmetropolitan area