Average Compliance Officers Salary in Elkhart-Goshen, IN
The average salary for Compliance Officerss in Elkhart-Goshen, IN is $76,020. While this is lower than the national average, the cost of living in Elkhart-Goshen, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $76,020 per year.
- Growth Trend: Salaries have shifted 32.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,500.
- Outlook: The current demand for Compliance Officerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Elkhart-Goshen, IN economy.
Salary Overview
The average Compliance Officers in Elkhart-Goshen, IN earns-11.1%below the national average.
$36.6
$1,462
$6,335
Compliance Officers Salary Trends (2020-2024)
Over the past 4 years, Compliance Officers salaries in Elkhart-Goshen, IN have experienced a rapid surge, growing by 32.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Compliance Officers Salary Distribution in Elkhart-Goshen, IN
The earning potential for Compliance Officerss in Elkhart-Goshen, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $42,960, while highly experienced professionals can command wages upwards of $115,500.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,960 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,015 | $27.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,190 | $34.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,025 | $45.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,500 | $55.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$76,020
Gross Pay
Real Wage (Purchasing Power)
$76,020
Adjusted for COL (100)
In Elkhart-Goshen, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $76,020 to $76,020.
Job Market Context
110
Total Jobs
0.873
Per 1K Jobs
0.34
Location Quotient
At 0.34x, Elkhart-Goshen, IN has a notably lower concentration of Compliance Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
110 people work as Compliance Officers in Elkhart-Goshen, IN.
Only 0.873 out of every 1,000 local jobs are Compliance Officers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Compliance Officers Salary | $78,080↑ 3% | 16 mi |
| Niles, MI Compliance Officers Salary | $67,710↓ 11% | 18 mi |
| Kalamazoo-Portage, MI Compliance Officers Salary | $76,220↑ 0% | 45 mi |
| Battle Creek, MI Compliance Officers Salary | $72,740↓ 4% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Elkhart-Goshen, IN?
The median annual salary for a Compliance Officers in Elkhart-Goshen, IN is $76,020. This typically ranges from $42,960 for entry-level positions to $115,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 11.1% lower than the national median of $85,520.
Is Elkhart-Goshen, IN a good place for Compliance Officerss?
It depends on your priorities. While the average Compliance Officers salary in Elkhart-Goshen, IN is $76,020 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Elkhart-Goshen, IN. See distinct detailed breakdown below.
Is Elkhart-Goshen, IN a good place to live for Compliance Officers?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($78,080) and Niles, MI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Elkhart-Goshen, IN area with a job density of 0.873 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 Elkhart-Goshen, IN