Average Compliance Officers Salary in Dover, DE
Compliance Officers in Dover, DE, earn an average annual salary of $82,370, which is slightly below the national average of $85,520. This localized pay rate reflects the specific economic conditions and demand within the Dover area, influencing compensation for this critical role.
Executive Summary
- Average Salary: $82,370 per year.
- Growth Trend: Salaries have shifted 32.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,860.
- Outlook: Dover, DE, hosts a dedicated workforce of 340 Compliance Officers, indicating a stable local presence for this profession. The Location Quotient of 1.9 suggests a significantly higher concentration of these roles compared to the national average, signaling robust local demand and a potentially active job market for skilled professionals.
Salary Overview
The average Compliance Officers in Dover, DE earns-3.7%below the national average.
$39.6
$1,584
$6,864
Compliance Officers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compliance Officers in Dover, DE, have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving regulatory landscapes and increased demand for compliance expertise likely contribute to this upward salary trajectory.
Compliance Officers Salary Distribution in Dover, DE
Experience plays a pivotal role in 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 a proven track record can command significantly higher salaries, often reaching the upper percentiles. The widening gap between entry-level and senior salaries underscores the value of career progression and specialization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,110 | $18.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,778 | $29.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,910 | $37.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,963 | $49.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,860 | $63.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$82,370
Gross Pay
Real Wage (Purchasing Power)
$82,370
Adjusted for COL (100)
With an average salary of $82,370 and a Cost of Living Index of 100 (matching the national average), Compliance Officers in Dover, DE, experience a salary that aligns directly with the national cost of living. This means the nominal income translates directly to purchasing power comparable to the average American city.
Job Market Context
340
Total Jobs
4.913
Per 1K Jobs
1.9
Location Quotient
Dover, DE has 1.9x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.9 for Compliance Officers in Dover, DE, indicates a market that is nearly twice as concentrated as the national average. This suggests a strong, localized demand for these professionals, potentially leading to more job opportunities and a competitive environment for employers seeking talent.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Sussex Delaware nonmetropolitan area Compliance Officers Salary | $72,800↓ 12% | 11 mi |
| Vineland, NJ Compliance Officers Salary | $69,860↓ 15% | 35 mi |
| Salisbury, MD Compliance Officers Salary | $81,570↓ 1% | 54 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Compliance Officers Salary | $89,270↑ 8% | 58 mi |
| Atlantic City-Hammonton, NJ Compliance Officers Salary | $79,230↓ 4% | 59 mi |
Comparing salaries near Dover, DE
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Dover, DE?
The median annual salary for a Compliance Officers in Dover, DE is $82,370. This typically ranges from $38,110 for entry-level positions to $131,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dover, DE is 3.7% lower than the national median of $85,520.
Is Dover, DE a lucrative place for Compliance Officers?
Yes, it offers competitive compensation relative to the cost of living.Compliance Officers in Dover, DE, earn an average of $82,370, which aligns perfectly with the national cost of living index. The high concentration of these roles (LQ 1.9) suggests strong local demand.
Is Dover, DE a good place to live for Compliance Officers?
The Cost of Living Index in Dover, DE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dover, DE?
Some top paying nearby cities include Sussex Delaware nonmetropolitan area ($72,800) and Vineland, NJ.
How does Dover, DE's Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Dover, DE, is $82,370, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Dover, DE?
Dover, DE, has a Location Quotient of 1.9 for Compliance Officers, meaning the concentration of these jobs is 90% higher than the national average.
How many Compliance Officers are there in Dover, DE?
There are approximately 340 Compliance Officers working in Dover, DE.
What is the cost of living in Dover, DE for Compliance Officers?
The Cost of Living Index in Dover, DE, is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Dover, DE area with a job density of 4.913 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 Dover, DE