Average Compliance Officers Salary in Columbia, SC
Compliance Officers in Columbia, SC, earn an average annual salary of $76,510. This figure is approximately 10.5% below the national average of $85,520. Local economic factors and industry demand within South Carolina contribute to this salary differential, reflecting the specific market dynamics of the region.
Executive Summary
- Average Salary: $76,510 per year.
- Growth Trend: Salaries have shifted 12.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,930.
- Outlook: With a local workforce of 960 Compliance Officers and a Location Quotient of 0.96, Columbia, SC, presents a stable, albeit slightly below-average concentration, job market for this profession. The presence of nearly a thousand professionals suggests a consistent demand, while the near-national average concentration indicates a balanced supply and demand environment.
Salary Overview
The average Compliance Officers in Columbia, SC earns-10.5%below the national average.
$36.8
$1,471
$6,376
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Columbia, SC, have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving regulatory landscapes, and increased demand for skilled compliance professionals likely contribute to upward salary adjustments in the region.
Compliance Officers Salary Distribution in Columbia, SC
Career progression for Compliance Officers in Columbia, SC, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and specialized knowledge can command salaries in the higher percentiles, reflecting their increased value and responsibility within organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,990 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,383 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,020 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,638 | $46 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,930 | $59.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$76,510
Gross Pay
Real Wage (Purchasing Power)
$76,510
Adjusted for COL (100)
The average annual salary of $76,510 in Columbia, SC, 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 Columbia is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
960
Total Jobs
2.479
Per 1K Jobs
0.96
Location Quotient
Columbia, SC has 0.96x 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 0.96 indicates that Compliance Officer jobs are nearly as concentrated in Columbia, SC, as they are nationally. This suggests a healthy and competitive job market where opportunities are readily available, but professionals may need to demonstrate strong qualifications to stand out among a comparable pool of talent.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Northwestern South Carolina nonmetropolitan area Compliance Officers Salary | $65,300↓ 15% | 13 mi |
| Northeastern South Carolina nonmetropolitan area Compliance Officers Salary | $60,080↓ 21% | 13 mi |
| Southern South Carolina nonmetropolitan area Compliance Officers Salary | $63,210↓ 17% | 13 mi |
| Sumter, SC Compliance Officers Salary | $72,300↓ 6% | 30 mi |
| Florence, SC Compliance Officers Salary | $65,140↓ 15% | 64 mi |
Comparing salaries near Columbia, SC
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Columbia, SC?
The median annual salary for a Compliance Officers in Columbia, SC is $76,510. This typically ranges from $44,990 for entry-level positions to $123,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbia, SC is 10.5% lower than the national median of $85,520.
Is Columbia, SC a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.While the salary of $76,510 is respectable, it falls below the national average. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Columbia, SC a good place to live for Compliance Officers?
The Cost of Living Index in Columbia, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbia, SC?
Some top paying nearby cities include Northwestern South Carolina nonmetropolitan area ($65,300) and Northeastern South Carolina nonmetropolitan area.
How does Columbia, SC's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Columbia, SC, is $76,510, which is approximately 10.5% lower than the national average of $85,520.
What is the concentration of Compliance Officers in Columbia, SC?
The concentration, measured by the Location Quotient, is 0.96, indicating that the presence of Compliance Officers in Columbia is very close to the national average.
How does the cost of living in Columbia, SC affect the salary?
Columbia, SC, has a cost of living index of 100, which is the national average. This means the $76,510 salary has the same purchasing power as the national average salary.
What is the total number of Compliance Officers in Columbia, SC?
There are approximately 960 Compliance Officers employed in Columbia, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Columbia, SC area with a job density of 2.479 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 Columbia, SC