Average Compliance Officers Salary in Davenport-Moline-Rock Island, IA-IL
Compliance Officers in the Davenport-Moline-Rock Island, IA-IL area earn an average annual salary of $77,810. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this specific metropolitan region.
Executive Summary
- Average Salary: $77,810 per year.
- Growth Trend: Salaries have shifted 16.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,840.
- Outlook: The Davenport-Moline-Rock Island, IA-IL area supports a local workforce of 270 Compliance Officers. With a Location Quotient of 0.58, the concentration of these roles is below the national average, indicating a less saturated market compared to national trends. The presence of 1.497 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for compliance expertise in the region.
Salary Overview
The average Compliance Officers in Davenport-Moline-Rock Island, IA-IL earns-9.0%below the national average.
$37.4
$1,496
$6,484
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Davenport-Moline-Rock Island is not provided, it is reasonable to assume that salaries for Compliance Officers have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and evolving regulatory landscapes typically drive an upward trajectory in compensation for these vital roles, even in localized markets.
Compliance Officers Salary Distribution in Davenport-Moline-Rock Island, IA-IL
Experience significantly influences a Compliance Officer's earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive expertise and specialized knowledge command higher salaries. The percentile gaps between junior and senior roles reflect the career progression and increased responsibilities associated with advancing in the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,300 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,358 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,010 | $33.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,263 | $46.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,840 | $60.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$77,810
Gross Pay
Real Wage (Purchasing Power)
$77,810
Adjusted for COL (100)
The average annual salary of $77,810 for Compliance Officers in Davenport-Moline-Rock Island, IA-IL aligns perfectly with the national average cost of living, which is indexed at 100. This means that the nominal salary holds its purchasing power effectively within the local economy, offering a stable financial standing for professionals residing in the area.
Job Market Context
270
Total Jobs
1.497
Per 1K Jobs
0.58
Location Quotient
Davenport-Moline-Rock Island, IA-IL has 0.58x 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 0.58 for Compliance Officers in Davenport-Moline-Rock Island, IA-IL signifies that the region has fewer of these professionals relative to the national average. This suggests that while the job market is not as concentrated as in other areas, there is still a consistent need for these roles, offering potential opportunities for skilled individuals without facing intense competition.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Compliance Officers Salary | $72,570↓ 7% | 48 mi |
| Cedar Rapids, IA Compliance Officers Salary | $72,410↓ 7% | 62 mi |
| Dubuque, IA Compliance Officers Salary | $73,970↓ 5% | 65 mi |
| Peoria, IL Compliance Officers Salary | $76,990↓ 1% | 76 mi |
| Rockford, IL Compliance Officers Salary | $68,790↓ 12% | 93 mi |
Comparing salaries near Davenport-Moline-Rock Island, IA-IL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Davenport-Moline-Rock Island, IA-IL?
The median annual salary for a Compliance Officers in Davenport-Moline-Rock Island, IA-IL is $77,810. This typically ranges from $46,300 for entry-level positions to $125,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Davenport-Moline-Rock Island, IA-IL is 9.0% lower than the national median of $85,520.
Is Davenport-Moline-Rock Island, IA-IL a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.While the average salary of $77,810 is solid, it falls below the national average of $85,520. However, the cost of living being at the national average means the salary's purchasing power is stable locally.
Is Davenport-Moline-Rock Island, IA-IL a good place to live for Compliance Officers?
The Cost of Living Index in Davenport-Moline-Rock Island, IA-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Davenport-Moline-Rock Island, IA-IL?
Some top paying nearby cities include Iowa City, IA ($72,570) and Cedar Rapids, IA.
How does the Davenport-Moline-Rock Island salary compare to the national average?
The average salary for Compliance Officers in Davenport-Moline-Rock Island, IA-IL is $77,810, which is lower than the national average of $85,520.
What is the Cost of Living Index in Davenport-Moline-Rock Island, IA-IL?
The Cost of Living Index for Davenport-Moline-Rock Island, IA-IL is 100, which is exactly the national average.
How concentrated is the Compliance Officer job market in this area?
The job market for Compliance Officers in Davenport-Moline-Rock Island, IA-IL is less concentrated than the national average, with a Location Quotient of 0.58.
How many Compliance Officers are there in Davenport-Moline-Rock Island, IA-IL?
There are approximately 270 Compliance Officers employed in the Davenport-Moline-Rock Island, IA-IL 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 270 employees in the Davenport-Moline-Rock Island, IA-IL area with a job density of 1.497 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 Davenport-Moline-Rock Island, IA-IL