Average Compliance Officers Salary in Charleston, WV
Compliance Officers in Charleston, WV, earn an average annual salary of $76,010. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within this West Virginia locale.
Executive Summary
- Average Salary: $76,010 per year.
- Growth Trend: Salaries have shifted 7.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,490.
- Outlook: The Charleston, WV, market for Compliance Officers appears to be moderately concentrated, with a Location Quotient of 1.67 indicating a higher presence than the national average. With a local workforce of 460 professionals, this suggests a stable, albeit not rapidly expanding, demand for these specialized roles within the region.
Salary Overview
The average Compliance Officers in Charleston, WV earns-11.1%below the national average.
$36.5
$1,462
$6,334
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Charleston, WV, is not provided, it is reasonable to assume that salaries for Compliance Officers have experienced a gradual upward trend over the past four years, mirroring national patterns of increasing demand for regulatory expertise and the general rise in compensation across many professional fields.
Compliance Officers Salary Distribution in Charleston, WV
The salary progression for Compliance Officers in Charleston, WV, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized certifications can command salaries in the higher percentiles, reflecting a clear career growth trajectory within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,970 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,008 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,270 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,013 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,490 | $61.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$76,010
Gross Pay
Real Wage (Purchasing Power)
$76,010
Adjusted for COL (100)
A nominal salary of $76,010 in Charleston, WV, is well-positioned due to the local Cost of Living Index being exactly at the national average of 100. This means that the purchasing power of a Compliance Officer's salary in Charleston is equivalent to the national standard, offering a stable financial foundation.
Job Market Context
460
Total Jobs
4.318
Per 1K Jobs
1.67
Location Quotient
Charleston, WV has 1.7x 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.
The Location Quotient of 1.67 for Compliance Officers in Charleston, WV, signifies a significant concentration of these roles compared to the national average. This suggests a specialized local market where demand may be driven by specific industries prevalent in West Virginia, potentially offering unique career opportunities for those with relevant expertise.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Huntington-Ashland, WV-KY-OH Compliance Officers Salary | $71,690↓ 6% | 44 mi |
| Beckley, WV Compliance Officers Salary | $60,190↓ 21% | 46 mi |
| Parkersburg-Vienna, WV Compliance Officers Salary | $77,940↑ 3% | 63 mi |
Comparing salaries near Charleston, WV
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Charleston, WV?
The median annual salary for a Compliance Officers in Charleston, WV is $76,010. This typically ranges from $37,970 for entry-level positions to $127,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston, WV is 11.1% lower than the national median of $85,520.
Is Charleston, WV a lucrative place for Compliance Officers?
No, not more lucrative than the national average.While the cost of living is average, the average salary of $76,010 is below the national average of $85,520. The market is more concentrated, but this doesn't translate to higher pay compared to the national benchmark.
Is Charleston, WV a good place to live for Compliance Officers?
The Cost of Living Index in Charleston, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston, WV?
Some top paying nearby cities include Huntington-Ashland, WV-KY-OH ($71,690) and Beckley, WV.
How does Charleston, WV compare to the national average salary for Compliance Officers?
Compliance Officers in Charleston, WV, earn an average of $76,010 annually, which is approximately $9,510 less than the national average salary of $85,520.
What is the concentration of Compliance Officers in Charleston, WV?
Charleston, WV has a higher concentration of Compliance Officers than the national average, indicated by a Location Quotient of 1.67. This suggests a stronger presence of these professionals relative to the overall workforce.
How does the cost of living in Charleston, WV affect the Compliance Officer salary?
The Cost of Living Index in Charleston, WV, is 100, which is the national average. This means the $76,010 salary has the same purchasing power as the national average salary, making it neither particularly advantageous nor disadvantageous from a cost-of-living perspective.
What is the total number of Compliance Officers in Charleston, WV?
There are approximately 460 Compliance Officers working in Charleston, WV, representing 4.318 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Charleston, WV area with a job density of 4.318 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, WV