Average Compliance Officers Salary in East North Dakota nonmetropolitan area
Compliance Officers in the East North Dakota nonmetropolitan area earn an average annual salary of $85,500, remarkably close to the national average of $85,520. This parity suggests that while the specific regional demand might influence pay, the overall economic factors and the need for skilled compliance professionals are consistent across the country. The stable compensation reflects the critical role these professionals play in ensuring regulatory adherence.
Executive Summary
- Average Salary: $85,500 per year.
- Growth Trend: Salaries have shifted 6.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,240.
- Outlook: The job market for Compliance Officers in the East North Dakota nonmetropolitan area appears robust, supported by a local workforce of 200 professionals in this field. A Location Quotient of 1.25 indicates a higher concentration of these roles compared to the national average, suggesting a steady demand that outpaces the general distribution of jobs. This concentration points to a specialized need within the region, offering promising opportunities for those in the field.
Salary Overview
The average Compliance Officers in East North Dakota nonmetropolitan area earns-0.0%below the national average.
$41.1
$1,644
$7,125
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is reasonable to assume that salaries for Compliance Officers nationwide have experienced steady growth over the past four years. This trend is driven by increasingly complex regulatory landscapes and a heightened emphasis on corporate governance and risk management, leading employers to offer competitive compensation to attract and retain qualified talent.
Compliance Officers Salary Distribution in East North Dakota nonmetropolitan area
Career progression for Compliance Officers typically involves a significant salary increase 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. The widening gap between entry-level and senior roles reflects the accumulation of critical skills, strategic oversight, and proven track records in managing compliance programs.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,560 | $26.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,125 | $30.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,940 | $41.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,875 | $51.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,240 | $51.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$85,500
Gross Pay
Real Wage (Purchasing Power)
$85,500
Adjusted for COL (100)
The average annual salary of $85,500 in the East North Dakota nonmetropolitan area 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 region is equivalent to the national standard. Therefore, relocating to this area for a Compliance Officer role offers no immediate cost-of-living advantage or disadvantage in terms of real income.
Job Market Context
200
Total Jobs
3.213
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, East North Dakota nonmetropolitan area has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
With a Location Quotient of 1.25, the East North Dakota nonmetropolitan area exhibits a higher concentration of Compliance Officers than the national average. This suggests that the demand for these professionals is relatively strong within this specific region, potentially making the job market more competitive for new entrants but also indicating a stable and established presence of compliance roles. Employers may find it easier to recruit locally due to this concentration.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Bismarck, ND Compliance Officers Salary | $71,740↓ 16% | 68 mi |
| Minot, ND Compliance Officers Salary | $88,580↑ 4% | 85 mi |
Comparing salaries near East North Dakota nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in East North Dakota nonmetropolitan area?
The median annual salary for a Compliance Officers in East North Dakota nonmetropolitan area is $85,500. This typically ranges from $55,560 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 North Dakota nonmetropolitan area is 0.0% lower than the national median of $85,520.
Is East North Dakota nonmetropolitan area a lucrative place for Compliance Officers?
Yes, it offers competitive compensation.The average salary of $85,500 is on par with the national average, and the higher concentration of roles (LQ 1.25) suggests strong regional demand.
Is East North Dakota nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in East North Dakota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East North Dakota nonmetropolitan area?
Some top paying nearby cities include Bismarck, ND ($71,740) and Minot, ND.
How does the salary compare to the national average?
The average annual salary for Compliance Officers in East North Dakota nonmetropolitan area is $85,500, which is nearly identical to the national average of $85,520.
What is the significance of the Location Quotient (LQ) of 1.25?
An LQ of 1.25 indicates that Compliance Officers are 25% more concentrated in this region than the national average, suggesting a higher demand relative to the general job market.
Does the cost of living affect the value of the salary?
No, the local cost of living index is 100, which is the national average. Therefore, the $85,500 salary has the same purchasing power as the national average salary.
How many Compliance Officers work in this area?
There are approximately 200 Compliance Officers employed in the East North Dakota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the East North Dakota nonmetropolitan area area with a job density of 3.213 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 East North Dakota nonmetropolitan area