Average Compliance Officers Salary in Durham-Chapel Hill, NC
Compliance Officers in the Durham-Chapel Hill, NC area earn an impressive average annual salary of $93,530. This figure notably surpasses the national average of $85,520, indicating a strong demand and potentially higher value placed on these professionals within the region. Local economic factors and industry concentration likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $93,530 per year.
- Growth Trend: Salaries have shifted 11.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $155,740.
- Outlook: With a local workforce of 770 Compliance Officers, the Durham-Chapel Hill area demonstrates a substantial presence in this field. The Location Quotient of 0.87 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a stable and active job market. The rate of 2.245 jobs per 1,000 workers further underscores the consistent need for compliance expertise in the region.
Salary Overview
The average Compliance Officers in Durham-Chapel Hill, NC earns+9.4%above the national average.
$45
$1,799
$7,794
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Durham-Chapel Hill have experienced steady growth over the past four years, mirroring national trends. Factors such as evolving regulatory landscapes, increased emphasis on corporate governance, and inflation typically drive upward salary adjustments for specialized roles like compliance.
Compliance Officers Salary Distribution in Durham-Chapel Hill, NC
The salary trajectory for Compliance Officers typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command salaries well above the average. The percentile gaps between junior, mid-level, and senior roles reflect the increasing responsibility, strategic input, and proven track record expected at higher career stages.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,840 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,148 | $33.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,420 | $40.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,913 | $56.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $155,740 | $74.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$93,530
Gross Pay
Real Wage (Purchasing Power)
$93,530
Adjusted for COL (100)
A nominal salary of $93,530 in Durham-Chapel Hill, NC, is particularly advantageous given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
770
Total Jobs
2.245
Per 1K Jobs
0.87
Location Quotient
Durham-Chapel Hill, NC has 0.87x 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.
The Location Quotient of 0.87 for Compliance Officers in Durham-Chapel Hill indicates a market that is slightly less concentrated than the national average. This suggests that while the profession is well-established, there may be opportunities for growth and less intense competition compared to hyper-concentrated areas, potentially benefiting skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Compliance Officers Salary | $78,330↓ 16% | 18 mi |
| Burlington, NC Compliance Officers Salary | $71,920↓ 23% | 32 mi |
| Greensboro-High Point, NC Compliance Officers Salary | $85,300↓ 9% | 52 mi |
| Eastern North Carolina nonmetropolitan area Compliance Officers Salary | $70,000↓ 25% | 56 mi |
| Western North Carolina nonmetropolitan area Compliance Officers Salary | $63,080↓ 33% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Durham-Chapel Hill, NC?
The median annual salary for a Compliance Officers in Durham-Chapel Hill, NC is $93,530. This typically ranges from $48,840 for entry-level positions to $155,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 9.4% higher than the national median of $85,520.
Is Durham-Chapel Hill, NC a lucrative place for Compliance Officers?
Yes, it is a lucrative location for Compliance Officers.Compliance Officers in Durham-Chapel Hill earn an average of $93,530 annually, which is higher than the national average. Furthermore, the cost of living is on par with the national average, enhancing the real value of this salary.
Is Durham-Chapel Hill, NC a good place to live for Compliance Officers?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($78,330) and Burlington, NC.
How does the average salary compare to the national average?
The average annual salary for Compliance Officers in Durham-Chapel Hill, NC is $93,530, which is $8,010 higher than the national average of $85,520.
What is the Cost of Living in Durham-Chapel Hill, NC?
The Cost of Living Index in Durham-Chapel Hill, NC is 100, which is exactly the same as the national average, indicating a neutral cost of living.
How concentrated is the Compliance Officer job market in this area?
The Location Quotient for Compliance Officers is 0.87, meaning the concentration of these jobs is slightly below the national average, suggesting a stable but not overly saturated market.
What does the number of jobs per 1,000 workers signify?
With 2.245 jobs per 1,000 workers, it indicates a consistent presence and demand for Compliance Officers within the local workforce, contributing to job availability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 770 employees in the Durham-Chapel Hill, NC area with a job density of 2.245 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 Durham-Chapel Hill, NC