Average Compliance Officers Salary in Fort Wayne, IN
Compliance Officers in Fort Wayne, IN earn an average annual salary of $73,260. This figure is notably below the national average of $85,520, indicating that local market dynamics and potentially a lower cost of living influence compensation levels in this region. Understanding these local factors is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $73,260 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,860.
- Outlook: The Fort Wayne, IN market for Compliance Officers is characterized by a total local workforce of 320 professionals. With a Location Quotient of 0.55, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The presence of 1.407 jobs per 1,000 workers indicates a steady, albeit moderate, employment landscape for this profession within the city.
Salary Overview
The average Compliance Officers in Fort Wayne, IN earns-14.3%below the national average.
$35.2
$1,409
$6,105
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Fort Wayne's Compliance Officer salaries over the past four years is not provided, it's reasonable to assume a general upward trend in compensation, mirroring national patterns. Economic factors, evolving regulatory landscapes, and increased demand for specialized compliance expertise typically drive salary growth for these professionals over time.
Compliance Officers Salary Distribution in Fort Wayne, IN
Salary progression for Compliance Officers in Fort Wayne, IN, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive expertise and specialized certifications can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects the increasing value placed on experience and advanced skill sets within the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,940 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,945 | $26.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,720 | $31.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,575 | $44 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,860 | $56.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$73,260
Gross Pay
Real Wage (Purchasing Power)
$73,260
Adjusted for COL (100)
Fort Wayne, IN, presents a unique financial scenario for Compliance Officers, with an average salary of $73,260 aligning perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
320
Total Jobs
1.407
Per 1K Jobs
0.55
Location Quotient
Fort Wayne, IN has 0.55x 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.
The Location Quotient of 0.55 for Compliance Officers in Fort Wayne, IN, indicates that the profession is less concentrated locally compared to the national average. This suggests that while there may not be an overwhelming abundance of these roles, the market is not overly saturated, potentially offering a balanced environment for job seekers and employers alike. The lower concentration could imply opportunities for those seeking to establish or advance their careers in this specific geographic area.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Compliance Officers Salary | $73,550↑ 0% | 59 mi |
| Elkhart-Goshen, IN Compliance Officers Salary | $76,020↑ 4% | 59 mi |
| Muncie, IN Compliance Officers Salary | $67,770↓ 7% | 63 mi |
| Kokomo, IN Compliance Officers Salary | $77,660↑ 6% | 67 mi |
| South Bend-Mishawaka, IN-MI Compliance Officers Salary | $78,080↑ 7% | 71 mi |
Comparing salaries near Fort Wayne, IN
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Fort Wayne, IN?
The median annual salary for a Compliance Officers in Fort Wayne, IN is $73,260. This typically ranges from $38,940 for entry-level positions to $117,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 14.3% lower than the national median of $85,520.
Is Fort Wayne, IN a lucrative place for Compliance Officers?
No, not compared to the national average.While the cost of living is average, the average salary for Compliance Officers in Fort Wayne, IN ($73,260) is significantly lower than the national average ($85,520).
Is Fort Wayne, IN a good place to live for Compliance Officers?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($73,550) and Elkhart-Goshen, IN.
How does Fort Wayne's cost of living compare nationally?
Fort Wayne, IN, has a Cost of Living Index of 100, which is exactly the national average. This means that the general cost of goods and services in Fort Wayne is comparable to the national average.
What is the concentration of Compliance Officers in Fort Wayne?
The Location Quotient for Compliance Officers in Fort Wayne is 0.55, meaning the concentration of these jobs is about half the national average. This suggests a less competitive market compared to national hubs.
How many Compliance Officer jobs are there per 1,000 workers in Fort Wayne?
There are approximately 1.407 Compliance Officer jobs per 1,000 workers in Fort Wayne, IN, indicating a moderate presence of this role within the local workforce.
Is the number of Compliance Officers in Fort Wayne high?
With a total local workforce of 320 Compliance Officers, the number is relatively modest. This, combined with a Location Quotient below 1.0, suggests that the demand might be steady but not exceptionally high compared to national levels.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Fort Wayne, IN area with a job density of 1.407 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compliance Officers Salaries by State
Top Jobs in Fort Wayne, IN
- All Occupations Salary in Fort Wayne, IN
- Production Occupations Salary in Fort Wayne, IN
- Office and Administrative Support Occupations Salary in Fort Wayne, IN
- Transportation and Material Moving Occupations Salary in Fort Wayne, IN
- Sales and Related Occupations Salary in Fort Wayne, IN
- Food Preparation and Serving Related Occupations Salary in Fort Wayne, IN
- Healthcare Practitioners and Technical Occupations Salary in Fort Wayne, IN
- Healthcare Support Occupations Salary in Fort Wayne, IN
- Management Occupations Salary in Fort Wayne, IN
- Business and Financial Operations Occupations Salary in Fort Wayne, IN
- Browse All Jobs in Fort Wayne, IN →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Fort Wayne, IN