Average Compliance Officers Salary in Colorado Springs, CO
Compliance Officers in Colorado Springs, CO, earn an average annual salary of $82,250. This figure is slightly below the national average of $85,520, reflecting a localized market dynamic. While the national trend for compliance roles is robust, specific regional economic factors and demand within Colorado Springs contribute to this salary differential.
Executive Summary
- Average Salary: $82,250 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $121,000.
- Outlook: With a local workforce of 750 Compliance Officers, Colorado Springs presents a moderately sized professional community. The Location Quotient of 0.91 indicates that the concentration of these roles is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for compliance expertise within the region.
Salary Overview
The average Compliance Officers in Colorado Springs, CO earns-3.8%below the national average.
$39.5
$1,582
$6,854
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Colorado Springs is not provided, it is reasonable to assume that the demand for Compliance Officers has seen consistent growth over the past four years, mirroring national trends. This growth is typically driven by evolving regulatory landscapes and an increasing emphasis on corporate governance, which generally leads to salary increases for experienced professionals in the field.
Compliance Officers Salary Distribution in Colorado Springs, CO
Salary progression for Compliance Officers in Colorado Springs, as elsewhere, is strongly tied to experience. Entry-level positions typically start at 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 earnings clearly signify the career advancement opportunities available, rewarding expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,870 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,688 | $29.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,340 | $37.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,813 | $49.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $121,000 | $58.2 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$82,250
Gross Pay
Real Wage (Purchasing Power)
$82,250
Adjusted for COL (100)
The average annual salary of $82,250 in Colorado Springs 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 Colorado Springs is equivalent to that of a Compliance Officer earning the national average elsewhere in the country, indicating a balanced economic environment for these professionals.
Job Market Context
750
Total Jobs
2.349
Per 1K Jobs
0.91
Location Quotient
Colorado Springs, CO has 0.91x 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 0.91 suggests that Colorado Springs has a slightly lower concentration of Compliance Officers compared to the national average. This indicates a competitive market where demand is present but not overwhelmingly high, offering a balanced environment for job seekers and employers alike. It implies that while opportunities exist, the market is not saturated.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Compliance Officers Salary | $77,820↓ 5% | 32 mi |
| Southwest Colorado nonmetropolitan area Compliance Officers Salary | $78,800↓ 4% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Compliance Officers Salary | $72,170↓ 12% | 32 mi |
| Pueblo, CO Compliance Officers Salary | $75,410↓ 8% | 42 mi |
| Denver-Aurora-Centennial, CO Compliance Officers Salary | $91,290↑ 11% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Colorado Springs, CO?
The median annual salary for a Compliance Officers in Colorado Springs, CO is $82,250. This typically ranges from $49,870 for entry-level positions to $121,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 3.8% lower than the national median of $85,520.
Is Colorado Springs, CO a lucrative place for Compliance Officers?
Yes, it offers a competitive salary equivalent to the national average in terms of purchasing power.While the nominal salary is slightly below the national average, the cost of living being exactly at the national average makes the effective purchasing power comparable. The stable job market also supports a good career outlook.
Is Colorado Springs, CO a good place to live for Compliance Officers?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($77,820) and Southwest Colorado nonmetropolitan area.
How does Colorado Springs compare to national salary averages for Compliance Officers?
Compliance Officers in Colorado Springs earn an average of $82,250 annually, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Colorado Springs?
The concentration, measured by the Location Quotient, is 0.91, indicating that the presence of Compliance Officers in Colorado Springs is nearly equivalent to the national average.
How does the cost of living affect the Compliance Officer salary in Colorado Springs?
With a Cost of Living Index of 100, the Colorado Springs salary of $82,250 offers purchasing power equivalent to the national average, making it a stable financial environment.
What is the total number of Compliance Officers in Colorado Springs?
There are approximately 750 Compliance Officers employed within the Colorado Springs 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 750 employees in the Colorado Springs, CO area with a job density of 2.349 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 Springs, CO