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Average Compliance Officers Salary in Columbus, OH

Compliance Officers in Columbus, OH earn an average annual salary of $82,350, which is slightly below the national average of $85,520. This localized pay rate reflects a combination of regional economic factors and the specific demand for compliance expertise within the Columbus metropolitan area. While not reaching the national benchmark, this figure represents a solid compensation for professionals in the field.

Executive Summary

  • Average Salary: $82,350 per year.
  • Growth Trend: Salaries have shifted 11.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,080.
  • Outlook: The job market for Compliance Officers in Columbus, OH appears robust, with a local workforce of 2,870 professionals. The Location Quotient of 1.03 indicates a concentration of these roles that is slightly higher than the national average, suggesting a stable and potentially growing demand for compliance expertise within the region's economic landscape.
2024 Market Data

Salary Overview

$82,350

The average Compliance Officers in Columbus, OH earns-3.7%below the national average.

BreakdownBased on 40h/week
Hourly

$39.6

Weekly

$1,584

Monthly

$6,863

Compliance Officers Salary Distribution in Columbus, OH

Experience plays a significant role in the earning potential of Compliance Officers. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command salaries well above the average. The progression from junior to senior roles is often marked by increasing responsibility and a corresponding rise in percentile earnings.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,230$23.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,763$29.7
ManagerOversees team, compliance, and project delivery.50% (Median)$78,490$37.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$102,938$49.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,080$58.7

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$82,350

Gross Pay

Real Wage (Purchasing Power)

$82,350

Adjusted for COL (100)

With an average annual salary of $82,350 and a Cost of Living Index of 100, Compliance Officers in Columbus, OH find their nominal earnings directly aligned with the national average cost of living. This means that the purchasing power of their salary in Columbus is comparable to the national average, offering a stable financial environment for residents.

Job Market Context

2,870

Total Jobs

2.644

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Columbus, OH has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.

The Location Quotient of 1.03 for Compliance Officers in Columbus, OH signifies a job market that is very close to the national average in terms of concentration. This suggests a competitive yet accessible market, where the number of available professionals closely matches the demand, offering a balanced environment for both employers and job seekers.

Nearby Job Markets

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Columbus, OH?

The median annual salary for a Compliance Officers in Columbus, OH is $82,350. This typically ranges from $48,230 for entry-level positions to $122,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbus, OH is 3.7% lower than the national median of $85,520.

Is Columbus, OH a lucrative place for Compliance Officers?

Yes, Columbus, OH offers a competitive salary for Compliance Officers.The average salary of $82,350 is strong, and with a Cost of Living Index of 100, it provides good purchasing power. The slightly above-average concentration of roles (LQ 1.03) also indicates healthy demand.

Is Columbus, OH a good place to live for Compliance Officers?

The Cost of Living Index in Columbus, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Columbus, OH?

Some top paying nearby cities include North Northeastern Ohio nonmetropolitan area (noncontiguous) ($67,290) and West Northwestern Ohio nonmetropolitan area.

How does the Columbus, OH salary compare to the national average?

The average salary for Compliance Officers in Columbus, OH is $82,350, which is slightly lower than the national average of $85,520.

What is the job market like for Compliance Officers in Columbus, OH?

The market is robust with a local workforce of 2,870 and a Location Quotient of 1.03, indicating a concentration slightly above the national average.

How does the cost of living in Columbus, OH affect the salary?

Columbus, OH has a Cost of Living Index of 100, which is the national average. This means the $82,350 salary offers purchasing power equivalent to the national average.

What is the significance of the Location Quotient (LQ) for Compliance Officers in Columbus, OH?

An LQ of 1.03 means that Compliance Officers are slightly more concentrated in Columbus than the national average, suggesting a healthy and stable demand for these professionals in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,870 employees in the Columbus, OH area with a job density of 2.644 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.