Average Compliance Officers Salary in Charleston-North Charleston, SC
Compliance Officers in the Charleston-North Charleston, SC area command an impressive average annual salary of $100,270, significantly outpacing the national average of $85,520. This elevated compensation is likely driven by a combination of specialized industry needs within the region and a localized demand for skilled professionals who can navigate complex regulatory landscapes.
Executive Summary
- Average Salary: $100,270 per year.
- Growth Trend: Salaries have shifted 31.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,130.
- Outlook: The Charleston-North Charleston market for Compliance Officers appears robust, evidenced by a total local workforce of 1,250 professionals in this field. A Location Quotient of 1.25 indicates a concentration of these roles that is 25% higher than the national average, suggesting a strong and potentially growing demand for compliance expertise within the area.
Salary Overview
The average Compliance Officers in Charleston-North Charleston, SC earns+17.2%above the national average.
$48.2
$1,928
$8,356
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Charleston-North Charleston have experienced steady growth over the past four years, mirroring national trends. The increasing complexity of regulatory environments and the critical role of compliance in business success generally lead to upward pressure on compensation for these professionals.
Compliance Officers Salary Distribution in Charleston-North Charleston, SC
Salary progression for Compliance Officers in Charleston-North Charleston typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles, reflecting their increased value and responsibility. The gap between entry-level and senior roles signifies substantial career advancement opportunities.
| 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) | $75,203 | $36.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,750 | $44.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,338 | $60.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,130 | $79.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$100,270
Gross Pay
Real Wage (Purchasing Power)
$100,270
Adjusted for COL (100)
The average annual salary of $100,270 in Charleston-North Charleston aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in this area is equivalent to the national standard, offering a stable financial footing without the added pressure of a higher cost of living.
Job Market Context
1,250
Total Jobs
3.228
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Charleston-North Charleston, SC has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
With a Location Quotient of 1.25, the Charleston-North Charleston area demonstrates a higher concentration of Compliance Officers compared to the national average. This suggests a competitive market where employers may need to offer attractive compensation packages to secure top talent, while also indicating a healthy ecosystem of opportunities for professionals in this field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Compliance Officers Salary | $70,030↓ 30% | 63 mi |
| Sumter, SC Compliance Officers Salary | $72,300↓ 28% | 81 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Compliance Officers Salary | $68,980↓ 31% | 88 mi |
| Savannah, GA Compliance Officers Salary | $74,840↓ 25% | 89 mi |
| Northwestern South Carolina nonmetropolitan area Compliance Officers Salary | $65,300↓ 35% | 91 mi |
Comparing salaries near Charleston-North Charleston, SC
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Charleston-North Charleston, SC?
The median annual salary for a Compliance Officers in Charleston-North Charleston, SC is $100,270. This typically ranges from $49,000 for entry-level positions to $166,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 17.2% higher than the national median of $85,520.
Is Charleston-North Charleston, SC a lucrative place for Compliance Officers?
Yes, Charleston-North Charleston, SC is a lucrative location for Compliance Officers.Compliance Officers in this area earn over $14,000 more than the national average, and with a cost of living at the national average, their salary offers strong purchasing power.
Is Charleston-North Charleston, SC a good place to live for Compliance Officers?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($70,030) and Sumter, SC.
How does the Charleston-North Charleston salary compare to the national average?
Compliance Officers in Charleston-North Charleston earn an average of $100,270 annually, which is notably higher than the national average of $85,520.
What is the significance of the Location Quotient in Charleston-North Charleston?
A Location Quotient of 1.25 indicates that Compliance Officer roles are 25% more concentrated in Charleston-North Charleston than the national average, suggesting higher demand or a specialized industry presence.
Does the cost of living affect the value of a Compliance Officer's salary in Charleston-North Charleston?
No, the cost of living in Charleston-North Charleston is exactly at the national average (100), meaning the $100,270 salary has the same purchasing power as it would nationally.
How many Compliance Officers work in the Charleston-North Charleston area?
There are approximately 1,250 Compliance Officers employed within the Charleston-North Charleston metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,250 employees in the Charleston-North Charleston, SC area with a job density of 3.228 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 Charleston-North Charleston, SC