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Average Compliance Officers Salary in East-Central Montana nonmetropolitan area

Compliance Officers in East-Central Montana's nonmetropolitan area earn an average annual salary of $78,170. This figure is notably below the national average of $85,520, suggesting that regional economic factors and potentially a different industry focus in this area influence compensation. The specific demands and competitive landscape within this nonmetropolitan region likely shape the salary expectations for these crucial roles.

Executive Summary

  • Average Salary: $78,170 per year.
  • Growth Trend: Salaries have shifted 10.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,240.
  • Outlook: The local job market for Compliance Officers in East-Central Montana appears robust, with a total workforce of 240 individuals in this role. The Location Quotient of 1.51 indicates a concentration of these professionals that is 51% higher than the national average, signaling a significant presence and demand for compliance expertise within the region's economic structure.
2024 Market Data

Salary Overview

$78,170

The average Compliance Officers in East-Central Montana nonmetropolitan area earns-8.6%below the national average.

BreakdownBased on 40h/week
Hourly

$37.6

Weekly

$1,503

Monthly

$6,514

Compliance Officers Salary Distribution in East-Central Montana nonmetropolitan area

As with most professions, experience plays a significant role in the earning potential of Compliance Officers. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized knowledge can expect to earn considerably more. The percentile gaps in salary data would signify clear career progression pathways, with senior roles achieving substantially higher compensation than their junior counterparts.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,960$24.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,628$28.2
ManagerOversees team, compliance, and project delivery.50% (Median)$75,790$36.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$97,713$47
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$107,240$51.6

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$78,170

Gross Pay

Real Wage (Purchasing Power)

$78,170

Adjusted for COL (100)

The nominal average annual salary of $78,170 in East-Central Montana aligns perfectly with the national average cost of living index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making the region financially neutral from a cost-of-living perspective.

Job Market Context

240

Total Jobs

3.896

Per 1K Jobs

1.51

Location Quotient

Major Hub

East-Central Montana nonmetropolitan area has 1.5x 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.

A Location Quotient of 1.51 strongly suggests that East-Central Montana has a higher concentration of Compliance Officers relative to the national average. This indicates a potentially competitive market for talent, where employers may need to offer attractive compensation and benefits to secure skilled professionals, or conversely, it could signify a niche market with specialized local demand.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near East-Central Montana nonmetropolitan area

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in East-Central Montana nonmetropolitan area?

The median annual salary for a Compliance Officers in East-Central Montana nonmetropolitan area is $78,170. This typically ranges from $50,960 for entry-level positions to $107,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East-Central Montana nonmetropolitan area is 8.6% lower than the national median of $85,520.

Is East-Central Montana nonmetropolitan area a lucrative place for Compliance Officerss?

No, not compared to the national average.While the average salary of $78,170 is substantial, it falls below the national average of $85,520. However, the cost of living is also at the national average, meaning the lower salary has equivalent purchasing power locally.

Is East-Central Montana nonmetropolitan area a good place to live for Compliance Officers?

The Cost of Living Index in East-Central Montana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East-Central Montana nonmetropolitan area?

Some top paying nearby cities include Great Falls, MT ($77,760) and Helena, MT.

How does the concentration of Compliance Officers in East-Central Montana compare nationally?

The Location Quotient of 1.51 indicates that Compliance Officers are 51% more concentrated in East-Central Montana than the national average, suggesting a higher prevalence of these roles in the region.

What is the total number of Compliance Officers in East-Central Montana?

There are approximately 240 Compliance Officers employed in the East-Central Montana nonmetropolitan area.

Does the cost of living affect the value of a Compliance Officer's salary in this region?

No, the cost of living in East-Central Montana is exactly at the national average (100), meaning the $78,170 salary has the same purchasing power as the national average salary.

Are there many job opportunities for Compliance Officers in this area?

With a Location Quotient of 1.51, there is a notable concentration of Compliance Officer roles, indicating a potentially active job market with demand for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the East-Central Montana nonmetropolitan area area with a job density of 3.896 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.