Average Compliance Officers Salary in Fayetteville-Springdale-Rogers, AR
Compliance Officers in the Fayetteville-Springdale-Rogers, AR area command an impressive average annual salary of $93,090. This figure notably surpasses the national average of $85,520, indicating a strong local demand for these critical roles. The specialized nature of compliance work and the specific economic drivers within the region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $93,090 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,970.
- Outlook: The local market for Compliance Officers in Fayetteville-Springdale-Rogers, AR, appears robust, with a total workforce of 860 professionals. The Location Quotient of 1.24 suggests that this area has a higher concentration of Compliance Officers than the national average, implying a sustained demand and a potentially dynamic job market for these specialists.
Salary Overview
The average Compliance Officers in Fayetteville-Springdale-Rogers, AR earns+8.9%above the national average.
$44.8
$1,790
$7,758
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Fayetteville-Springdale-Rogers, AR, have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing regulatory complexity and the ongoing need for skilled professionals to ensure adherence.
Compliance Officers Salary Distribution in Fayetteville-Springdale-Rogers, AR
Career progression for Compliance Officers in Fayetteville-Springdale-Rogers, AR, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and take on more complex responsibilities, their earning potential can climb substantially, with senior roles commanding top-tier compensation reflecting their accumulated knowledge and strategic value.
| 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) | $69,818 | $33.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,230 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,363 | $55.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $159,970 | $76.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$93,090
Gross Pay
Real Wage (Purchasing Power)
$93,090
Adjusted for COL (100)
For professionals considering a move to Fayetteville-Springdale-Rogers, AR, the nominal salary of $93,090 is particularly attractive. With a Cost of Living Index of 100, which is precisely the national average, the purchasing power of this salary is equivalent to the national standard, meaning your earnings will go as far locally as they would elsewhere in the country.
Job Market Context
860
Total Jobs
3.204
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Fayetteville-Springdale-Rogers, AR has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.24 for Compliance Officers in Fayetteville-Springdale-Rogers, AR, signifies a market that is 24% more concentrated than the national average. This suggests a healthy and active job market where employers may actively seek out specialized talent, potentially leading to competitive hiring environments and opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Compliance Officers Salary | $67,990↓ 27% | 51 mi |
| Joplin, MO-KS Compliance Officers Salary | $62,150↓ 33% | 72 mi |
| Springfield, MO Compliance Officers Salary | $64,240↓ 31% | 91 mi |
| Tulsa, OK Compliance Officers Salary | $72,270↓ 22% | 97 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Compliance Officers in Fayetteville-Springdale-Rogers, AR is $93,090. This typically ranges from $49,000 for entry-level positions to $159,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 8.9% higher than the national median of $85,520.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Compliance Officers?
Yes, it is a lucrative location for Compliance Officers.Compliance Officers in this area earn significantly above the national average salary, and the cost of living is on par with the national average, enhancing earning potential.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Compliance Officers?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($67,990) and Joplin, MO-KS.
How does the Fayetteville-Springdale-Rogers, AR salary compare to the national average?
The average annual salary for Compliance Officers in Fayetteville-Springdale-Rogers, AR, is $93,090, which is higher than the national average of $85,520.
What is the concentration of Compliance Officers in this area?
The Location Quotient is 1.24, indicating that Compliance Officers are more concentrated in Fayetteville-Springdale-Rogers, AR, than the national average.
How does the cost of living affect the salary in Fayetteville-Springdale-Rogers, AR?
The Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the higher salary offers strong purchasing power locally.
What does the job market look like for Compliance Officers in this region?
With a substantial local workforce and a higher-than-average concentration, the job market for Compliance Officers in Fayetteville-Springdale-Rogers, AR, appears to be robust and in demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 3.204 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 Fayetteville-Springdale-Rogers, AR