Average Compliance Officers Salary in Colorado
Compliance Officers in Colorado earn an impressive average annual salary of $89,020, surpassing the national average of $85,520. This elevated compensation is often driven by the state's robust economic landscape and the specialized regulatory environment that necessitates a strong compliance function across various industries.
Executive Summary
- Average Salary: $89,020 per year.
- Growth Trend: Salaries have shifted 17.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,080.
- Outlook: With a local workforce of 7,470 Compliance Officers and a Location Quotient of 1, the job market in Colorado indicates a stable demand for these professionals, mirroring the national average in terms of concentration. The presence of 2.582 jobs per 1,000 workers suggests a consistent need for compliance expertise within the state's economy.
Salary Overview
The average Compliance Officers in Colorado earns+4.1%above the national average.
$42.8
$1,712
$7,418
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Compliance Officers in Colorado has experienced steady growth over the past four years, aligning with national trends. Factors such as evolving regulatory landscapes, increased complexity in business operations, and a growing emphasis on risk management likely contribute to upward pressure on compensation.
Compliance Officers Salary Distribution in Colorado
The salary trajectory for Compliance Officers in Colorado typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify career progression and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,310 | $26.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,765 | $32.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,590 | $38.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $111,275 | $53.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,080 | $62.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$89,020
Gross Pay
Real Wage (Purchasing Power)
$84,379
Adjusted for COL (105.5)
The nominal average salary of $89,020 in Colorado presents a favorable financial outlook when considered against the state's Cost of Living Index of 105.5. While slightly above the national average, the higher salary generally provides a comfortable standard of living, suggesting that the increased cost of living is reasonably offset by earning potential for Compliance Officers.
Job Market Context
7,470
Total Jobs
2.582
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Colorado has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
A Location Quotient of 1 for Compliance Officers in Colorado signifies that the concentration of these roles within the state is precisely in line with the national average. This indicates a balanced market where demand and supply are relatively stable, suggesting neither an oversupply nor a significant shortage of compliance professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Compliance Officers Salary | $82,250↓ 8% | 32 mi |
| Denver-Aurora-Centennial, CO Compliance Officers Salary | $91,290↑ 3% | 54 mi |
| Pueblo, CO Compliance Officers Salary | $75,410↓ 15% | 66 mi |
| Boulder, CO Compliance Officers Salary | $101,430↑ 14% | 67 mi |
| Greeley, CO Compliance Officers Salary | $92,130↑ 3% | 98 mi |
Comparing salaries near Colorado
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Colorado?
The median annual salary for a Compliance Officers in Colorado is $89,020. This typically ranges from $54,310 for entry-level positions to $130,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado is 4.1% higher than the national median of $85,520.
Is Colorado a lucrative place for Compliance Officers?
Yes, Colorado offers a lucrative environment for Compliance Officers.The average salary of $89,020 significantly exceeds the national average, and while the cost of living is slightly higher, the compensation generally provides a strong purchasing power.
Is Colorado a good place to live for Compliance Officers?
The Cost of Living Index in Colorado is 105.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado?
Some top paying nearby cities include Colorado Springs, CO ($82,250) and Denver-Aurora-Centennial, CO.
How does Colorado's average Compliance Officer salary compare to the national average?
Compliance Officers in Colorado earn an average of $89,020 annually, which is $3,500 higher than the national average of $85,520.
What is the concentration of Compliance Officers in Colorado compared to the rest of the US?
Colorado has a Location Quotient of 1 for Compliance Officers, meaning the concentration of these roles in the state is exactly the same as the national average.
How does the cost of living in Colorado affect the salary of a Compliance Officer?
With a Cost of Living Index of 105.5, Colorado is slightly more expensive than the national average. However, the higher average salary of $89,020 generally compensates for this increased cost.
What is the total number of Compliance Officers working in Colorado?
There are approximately 7,470 Compliance Officers employed within the state of Colorado.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,470 employees in the Colorado area with a job density of 2.582 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 Colorado