Average Compliance Officers Salary in Crestview-Fort Walton Beach-Destin, FL
Compliance Officers in the Crestview-Fort Walton Beach-Destin, FL area earn an average annual salary of $75,870. This figure is below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation for this vital role.
Executive Summary
- Average Salary: $75,870 per year.
- Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,160.
- Outlook: With a local workforce of approximately 250 Compliance Officers, the job market in Crestview-Fort Walton Beach-Destin, FL, shows a moderate presence. The Location Quotient of 0.79 indicates that this profession is slightly less concentrated here compared to the national average, implying a stable but not exceptionally high demand.
Salary Overview
The average Compliance Officers in Crestview-Fort Walton Beach-Destin, FL earns-11.3%below the national average.
$36.5
$1,459
$6,323
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Crestview-Fort Walton Beach-Destin, FL is not provided, it is generally assumed that salaries for Compliance Officers nationwide have seen consistent growth over the past four years, driven by increasing regulatory complexity and the ongoing need for robust compliance frameworks across industries.
Compliance Officers Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
Salary progression for Compliance Officers typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized knowledge can command salaries in the upper percentiles, reflecting a significant career growth trajectory within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,710 | $19.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,903 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,820 | $33.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,838 | $45.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,160 | $56.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$75,870
Gross Pay
Real Wage (Purchasing Power)
$75,870
Adjusted for COL (100)
The average annual salary of $75,870 in Crestview-Fort Walton Beach-Destin, FL 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 area is comparable to the national average, offering a balanced lifestyle without significant financial strain.
Job Market Context
250
Total Jobs
2.029
Per 1K Jobs
0.79
Location Quotient
Crestview-Fort Walton Beach-Destin, FL has 0.79x 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 0.79 suggests that Crestview-Fort Walton Beach-Destin, FL has a slightly lower concentration of Compliance Officers relative to the national average. This could indicate a market with opportunities for skilled professionals, though it doesn't necessarily point to a highly competitive or saturated job landscape.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Compliance Officers Salary | $71,870↓ 5% | 42 mi |
| Panama City-Panama City Beach, FL Compliance Officers Salary | $70,520↓ 7% | 69 mi |
| Dothan, AL Compliance Officers Salary | $63,950↓ 16% | 77 mi |
| Daphne-Fairhope-Foley, AL Compliance Officers Salary | $67,050↓ 12% | 78 mi |
| Mobile, AL Compliance Officers Salary | $79,130↑ 4% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Compliance Officers in Crestview-Fort Walton Beach-Destin, FL is $75,870. This typically ranges from $40,710 for entry-level positions to $118,160 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 11.3% lower than the national median of $85,520.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Compliance Officers?
No, it is not exceptionally lucrative compared to the national average.The average salary of $75,870 is below the national average of $85,520, although the cost of living is on par with the national average.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Compliance Officers?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($71,870) and Panama City-Panama City Beach, FL.
How does the Crestview-Fort Walton Beach-Destin, FL salary compare to the national average?
The average salary for Compliance Officers in Crestview-Fort Walton Beach-Destin, FL is $75,870, which is lower than the national average of $85,520.
What is the Cost of Living in Crestview-Fort Walton Beach-Destin, FL?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100, which is exactly the national average.
How many Compliance Officers are there in the Crestview-Fort Walton Beach-Destin, FL area?
There are approximately 250 Compliance Officers working in the Crestview-Fort Walton Beach-Destin, FL metropolitan area.
Is the job market for Compliance Officers strong in this area?
With a Location Quotient of 0.79, the market is stable but less concentrated than the national average, suggesting moderate demand and potential opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 2.029 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 Crestview-Fort Walton Beach-Destin, FL