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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.
2024 Market Data

Salary Overview

$76,020

The average Compliance Officers in Elkhart-Goshen, IN earns-11.1%below the national average.

BreakdownBased on 40h/week
Hourly

$36.6

Weekly

$1,462

Monthly

$6,335

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 LevelMarket PercentileAnnual WageHourly 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

Low Concentration

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

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.