Average Compliance Officers Salary in East South Dakota nonmetropolitan area
Compliance Officers in the East South Dakota nonmetropolitan area earn an average annual salary of $69,110. This figure is notably below the national average of $85,520, reflecting regional economic factors and a smaller concentration of specialized roles. The lower average pay is often a consequence of the specific industry mix and demand within nonmetropolitan economies compared to larger urban centers.
Executive Summary
- Average Salary: $69,110 per year.
- Growth Trend: Salaries have shifted 28.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,370.
- Outlook: The job market for Compliance Officers in this nonmetropolitan area appears stable, with a total local workforce of 200 individuals in this role. The location quotient of 0.58 suggests that while the profession is present, it is less concentrated than the national average, indicating a moderate demand that is not saturated. With 1.5 jobs per 1,000 workers, the opportunity exists, but the scale is smaller than in more densely populated regions.
Salary Overview
The average Compliance Officers in East South Dakota nonmetropolitan area earns-19.2%below the national average.
$33.2
$1,329
$5,759
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth for Compliance Officers over the past four years, mirroring national patterns. Economic shifts and increasing regulatory complexity likely contribute to a gradual upward adjustment in compensation, even in less concentrated markets, as organizations strive to maintain compliance standards.
Compliance Officers Salary Distribution in East South 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 end of the pay scale, while seasoned professionals with extensive knowledge of regulatory frameworks and risk management can command substantially higher salaries. The percentile gaps in compensation clearly signify the value placed on accumulated expertise and demonstrated success in navigating complex compliance landscapes.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,000 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,833 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,950 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,388 | $41.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $92,370 | $44.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$69,110
Gross Pay
Real Wage (Purchasing Power)
$69,110
Adjusted for COL (100)
The nominal average salary of $69,110 in the East South Dakota nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the take-home pay is lower than the national average for this role, the purchasing power of that salary locally is equivalent to the national average. Therefore, the lower salary does not necessarily translate to a reduced standard of living in terms of everyday expenses.
Job Market Context
200
Total Jobs
1.5
Per 1K Jobs
0.58
Location Quotient
East South Dakota nonmetropolitan area 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.
With a Location Quotient of 0.58, the market for Compliance Officers in the East South Dakota nonmetropolitan area is less concentrated than the national average. This suggests that the job market is not overly competitive, and there may be fewer specialized professionals available locally compared to larger metropolitan areas. While this could mean less competition for open positions, it also indicates a smaller overall pool of opportunities and potentially less industry-specific networking.
Nearby Job Markets
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in East South Dakota nonmetropolitan area?
The median annual salary for a Compliance Officers in East South Dakota nonmetropolitan area is $69,110. This typically ranges from $49,000 for entry-level positions to $92,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East South Dakota nonmetropolitan area is 19.2% lower than the national median of $85,520.
Is East South Dakota nonmetropolitan area a lucrative place for Compliance Officers?
No, it is not considered a lucrative place for Compliance Officers compared to the national average.The average salary of $69,110 is significantly lower than the national average of $85,520, despite a cost of living that matches the national index.
Is East South Dakota nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in East South Dakota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
How does the cost of living affect the Compliance Officer salary in East South Dakota?
The cost of living in the East South Dakota nonmetropolitan area is at the national average (100), meaning the $69,110 salary offers purchasing power equivalent to the national average, even though the nominal salary is lower.
What is the concentration of Compliance Officers in this area compared to the nation?
The location quotient of 0.58 indicates that Compliance Officers are less concentrated in this nonmetropolitan area than the national average, suggesting a smaller but potentially less competitive job market.
How many Compliance Officers are there in the East South Dakota nonmetropolitan area?
There are approximately 200 Compliance Officers employed within the East South Dakota nonmetropolitan area, representing a modest segment of the local workforce.
Are there many job openings for Compliance Officers in this region?
With 1.5 jobs per 1,000 workers, the availability of Compliance Officer roles is present but not abundant, reflecting the lower concentration and smaller workforce size compared to national benchmarks.
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 South Dakota nonmetropolitan area area with a job density of 1.5 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 South Dakota nonmetropolitan area