Average Compliance Officers Salary in Cincinnati, OH-KY-IN
Compliance Officers in the Cincinnati, OH-KY-IN area earn an average annual salary of $83,060. This figure is slightly below the national average of $85,520, indicating a localized compensation structure influenced by regional economic factors and industry demand within the tri-state area. While not reaching the national benchmark, the Cincinnati market offers a competitive environment for these crucial roles.
Executive Summary
- Average Salary: $83,060 per year.
- Growth Trend: Salaries have shifted 13.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,530.
- Outlook: With a local workforce of 2,280 Compliance Officers, Cincinnati presents a substantial, albeit not overwhelmingly concentrated, talent pool. The Location Quotient of 0.81 suggests that the demand for Compliance Officers in this region is slightly below the national average, implying a stable but not rapidly expanding job market. The presence of over two thousand professionals in this field underscores its importance to the local economy.
Salary Overview
The average Compliance Officers in Cincinnati, OH-KY-IN earns-2.9%below the national average.
$39.9
$1,597
$6,922
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compliance Officers in Cincinnati, mirroring national trends, have experienced steady growth over the past four years. This growth is typically driven by increasing regulatory complexity, evolving compliance standards across industries, and a sustained demand for skilled professionals to navigate these challenges, leading to incremental salary increases.
Compliance Officers Salary Distribution in Cincinnati, OH-KY-IN
Experience plays a pivotal role in the earning potential of Compliance Officers. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized knowledge can command significantly higher compensation. The progression from junior to senior roles, often reflected in salary percentile gaps, signifies increasing responsibility, expertise, and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,410 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,295 | $29.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,540 | $37.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,825 | $49.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,530 | $61.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$83,060
Gross Pay
Real Wage (Purchasing Power)
$83,060
Adjusted for COL (100)
The average annual salary of $83,060 in Cincinnati, OH-KY-IN aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in Cincinnati is equivalent to that of a professional earning the national average in a location with a cost of living at the national benchmark. Therefore, the nominal salary effectively translates to a comparable standard of living.
Job Market Context
2,280
Total Jobs
2.084
Per 1K Jobs
0.81
Location Quotient
Cincinnati, OH-KY-IN has 0.81x 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.
A Location Quotient of 0.81 indicates that Compliance Officer roles are slightly less concentrated in Cincinnati compared to the national average. This suggests that while the profession is well-established with 2.084 jobs per 1,000 workers, the market is not saturated, and there may be moderate competition for available positions. Employers likely have access to a sufficient talent pool without facing extreme scarcity.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Compliance Officers Salary | $76,900↓ 7% | 50 mi |
| Springfield, OH Compliance Officers Salary | $60,090↓ 28% | 69 mi |
| Lexington-Fayette, KY Compliance Officers Salary | $72,430↓ 13% | 73 mi |
| Columbus, IN Compliance Officers Salary | $73,060↓ 12% | 76 mi |
| Muncie, IN Compliance Officers Salary | $67,770↓ 18% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Cincinnati, OH-KY-IN?
The median annual salary for a Compliance Officers in Cincinnati, OH-KY-IN is $83,060. This typically ranges from $47,410 for entry-level positions to $128,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 2.9% lower than the national median of $85,520.
Is Cincinnati, OH-KY-IN a lucrative place for Compliance Officers?
Moderately lucrative, with salary matching cost of living.Compliance Officers in Cincinnati earn $83,060, which is close to the national average, and the local cost of living is also at the national average. This indicates that the salary offers a comparable standard of living to national averages.
Is Cincinnati, OH-KY-IN a good place to live for Compliance Officers?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($76,900) and Springfield, OH.
How does Cincinnati's Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Cincinnati, OH-KY-IN is $83,060, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Cincinnati?
Cincinnati has a Location Quotient of 0.81 for Compliance Officers, meaning the concentration of these roles is slightly below the national average.
How does the cost of living in Cincinnati affect the salary?
Cincinnati's Cost of Living Index is 100, which is the national average. This means the $83,060 salary has the same purchasing power as the national average salary in a location with average living costs.
What is the total number of Compliance Officers in the Cincinnati area?
There are approximately 2,280 Compliance Officers working in the Cincinnati, OH-KY-IN region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,280 employees in the Cincinnati, OH-KY-IN area with a job density of 2.084 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 Cincinnati, OH-KY-IN