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Average Compliance Officers Salary in Coastal Plains Region of Texas nonmetropolitan area

Compliance Officers in the Coastal Plains Region of Texas nonmetropolitan area earn an average annual salary of $83,630. 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 this specific nonmetropolitan area. The slightly lower average suggests a balance between local market needs and the overall economic landscape of the region.

Executive Summary

  • Average Salary: $83,630 per year.
  • Growth Trend: Salaries have shifted 19.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,110.
  • Outlook: The Coastal Plains Region of Texas supports a dedicated workforce of approximately 450 Compliance Officers. With a Location Quotient of 1.16, this indicates a concentration of these professionals that is 16% higher than the national average. This suggests a robust and potentially growing demand for compliance expertise within this nonmetropolitan area, signaling a healthy job market for skilled individuals.
2024 Market Data

Salary Overview

$83,630

The average Compliance Officers in Coastal Plains Region of Texas nonmetropolitan area earns-2.2%below the national average.

BreakdownBased on 40h/week
Hourly

$40.2

Weekly

$1,608

Monthly

$6,969

Compliance Officers Salary Distribution in Coastal Plains Region of Texas nonmetropolitan area

Salary progression for Compliance Officers in the Coastal Plains Region of Texas is typically tied to experience and demonstrated expertise. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command significantly higher salaries. The percentile gaps in compensation clearly signify career advancement opportunities and the value placed on accumulated experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,710$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,723$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$89,860$43.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,538$50.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$116,110$55.8

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$83,630

Gross Pay

Real Wage (Purchasing Power)

$83,630

Adjusted for COL (100)

The average annual salary of $83,630 in the Coastal Plains Region of Texas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

450

Total Jobs

2.996

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Coastal Plains Region of Texas nonmetropolitan area has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.

The Location Quotient of 1.16 for Compliance Officers in the Coastal Plains Region of Texas signifies a notable concentration of this profession compared to the national average. This suggests that the job market here is relatively more abundant with compliance roles than in many other areas, potentially indicating a strong demand or a specialized industry presence that favors compliance professionals.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Coastal Plains Region of Texas nonmetropolitan area

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Coastal Plains Region of Texas nonmetropolitan area?

The median annual salary for a Compliance Officers in Coastal Plains Region of Texas nonmetropolitan area is $83,630. This typically ranges from $45,710 for entry-level positions to $116,110 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Coastal Plains Region of Texas nonmetropolitan area is 2.2% lower than the national median of $85,520.

Is Coastal Plains Region of Texas nonmetropolitan area a lucrative place for Compliance Officerss?

Yes, with caveats.The average salary is competitive with the national average, and the cost of living is also at the national average, making it financially stable. However, the salary is slightly below the national average for the role.

Is Coastal Plains Region of Texas nonmetropolitan area a good place to live for Compliance Officers?

The Cost of Living Index in Coastal Plains Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Coastal Plains Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($66,600) and Waco, TX.

How does the local salary compare to the national average?

Compliance Officers in the Coastal Plains Region of Texas earn an average of $83,630 annually, which is slightly less than the national average of $85,520.

What is the concentration of Compliance Officers in this region?

The region has a higher concentration of Compliance Officers than the national average, indicated by a Location Quotient of 1.16.

How does the cost of living affect the salary?

The Cost of Living Index is 100, meaning it matches the national average. Therefore, the $83,630 salary offers purchasing power equivalent to the national average.

What does the job market look like for Compliance Officers here?

With a Location Quotient above 1.0, the market shows a healthy demand and concentration of Compliance Officers, suggesting good opportunities for employment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Coastal Plains Region of Texas nonmetropolitan area area with a job density of 2.996 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.