Average Compliance Officers Salary in Chattanooga, TN-GA
Compliance Officers in Chattanooga, TN-GA earn an average annual salary of $73,070. This figure is notably below the national average of $85,520, suggesting local economic factors or industry demand may influence compensation. While the national average reflects broader market conditions, regional variations are common due to differences in cost of living, industry concentration, and local economic vitality.
Executive Summary
- Average Salary: $73,070 per year.
- Growth Trend: Salaries have shifted 6.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,610.
- Outlook: The Chattanooga, TN-GA metropolitan area supports a workforce of 910 Compliance Officers, with 3.383 professionals per 1,000 workers. This concentration, indicated by a Location Quotient of 1.31, signifies a higher-than-average presence of this role compared to the national landscape. This suggests a robust local demand and a potentially stable job market for compliance professionals in the region.
Salary Overview
The average Compliance Officers in Chattanooga, TN-GA earns-14.6%below the national average.
$35.1
$1,405
$6,089
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Chattanooga's Compliance Officer salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, evolving regulatory landscapes, and increased demand for specialized compliance expertise typically drive salary increases across most professional fields, including compliance.
Compliance Officers Salary Distribution in Chattanooga, TN-GA
Salary progression for Compliance Officers in Chattanooga, TN-GA, typically correlates with experience and specialization. Entry-level positions may start closer to the lower percentiles, while senior Compliance Officers with extensive experience and specialized certifications can command salaries significantly higher than the average. The gap between entry-level and senior roles highlights substantial career growth potential and increased earning power within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,990 | $20.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,803 | $26.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,800 | $30.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,338 | $43.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,610 | $55.1 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$73,070
Gross Pay
Real Wage (Purchasing Power)
$73,070
Adjusted for COL (100)
With an average annual salary of $73,070 and a Cost of Living Index of 100, Compliance Officers in Chattanooga, TN-GA, experience a nominal salary that aligns precisely with the national average cost of living. This means that the purchasing power of their income is equivalent to that of a Compliance Officer earning the national average salary in a location with a national average cost of living.
Job Market Context
910
Total Jobs
3.383
Per 1K Jobs
1.31
Location Quotient
With a location quotient of 1.31, Chattanooga, TN-GA has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.31 for Compliance Officers in Chattanooga, TN-GA, indicates that this profession is approximately 31% more concentrated in this region than the national average. This suggests a stronger local demand for these professionals relative to the general workforce, potentially leading to more job opportunities and a competitive market for skilled individuals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Cleveland, TN Compliance Officers Salary | $64,280↓ 12% | 23 mi |
| Dalton, GA Compliance Officers Salary | $65,410↓ 10% | 26 mi |
| Rome, GA Compliance Officers Salary | $61,900↓ 15% | 55 mi |
| Huntsville, AL Compliance Officers Salary | $85,170↑ 17% | 83 mi |
| Gadsden, AL Compliance Officers Salary | $70,210↓ 4% | 85 mi |
Comparing salaries near Chattanooga, TN-GA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Chattanooga, TN-GA?
The median annual salary for a Compliance Officers in Chattanooga, TN-GA is $73,070. This typically ranges from $41,990 for entry-level positions to $114,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chattanooga, TN-GA is 14.6% lower than the national median of $85,520.
Is Chattanooga, TN-GA a lucrative place for Compliance Officers?
No, not compared to the national average.While the local cost of living is average, the average salary of $73,070 is significantly lower than the national average of $85,520, indicating less lucrative compensation in this specific region.
Is Chattanooga, TN-GA a good place to live for Compliance Officers?
The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chattanooga, TN-GA?
Some top paying nearby cities include Cleveland, TN ($64,280) and Dalton, GA.
How does Chattanooga's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Chattanooga, TN-GA is $73,070, which is below the national average of $85,520.
What is the concentration of Compliance Officers in Chattanooga, TN-GA?
Chattanooga has a higher concentration of Compliance Officers than the national average, with a Location Quotient of 1.31, meaning the profession is 31% more prevalent locally.
How does the cost of living in Chattanooga affect the salary?
Chattanooga's Cost of Living Index is 100, which is the national average. This means the $73,070 salary has the same purchasing power as the national average salary in a national average cost of living area.
What is the total number of Compliance Officers in Chattanooga, TN-GA?
There are approximately 910 Compliance Officers working in the Chattanooga, TN-GA 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 910 employees in the Chattanooga, TN-GA area with a job density of 3.383 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 Chattanooga, TN-GA