Average Compliance Officers Salary in Greenville-Anderson-Greer, SC
Compliance Officers in the Greenville-Anderson-Greer, SC area earn an average annual salary of $77,560. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $77,560 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,940.
- Outlook: The Greenville-Anderson-Greer, SC area supports a local workforce of approximately 700 Compliance Officers. With a Location Quotient of 0.64, the concentration of these roles is below the national average, indicating a less saturated market compared to other regions. The rate of 1.647 jobs per 1,000 workers further contextualizes the demand within this specific metropolitan statistical area.
Salary Overview
The average Compliance Officers in Greenville-Anderson-Greer, SC earns-9.3%below the national average.
$37.3
$1,492
$6,463
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Greenville-Anderson-Greer, SC is not provided, it is generally assumed that salaries for Compliance Officers nationwide have experienced steady growth over the past four years, driven by increasing regulatory complexity and the ongoing need for robust compliance functions across industries. This trend likely extends to the local market, with potential for salary increases mirroring broader economic and regulatory shifts.
Compliance Officers Salary Distribution in Greenville-Anderson-Greer, SC
Salary progression for Compliance Officers typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and years of dedicated service in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,700 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,170 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,860 | $35 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,950 | $46.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,940 | $54.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$77,560
Gross Pay
Real Wage (Purchasing Power)
$77,560
Adjusted for COL (100)
The average annual salary of $77,560 in Greenville-Anderson-Greer, SC aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Compliance Officers in this area holds its purchasing power at the national average, offering a stable financial environment for residents.
Job Market Context
700
Total Jobs
1.647
Per 1K Jobs
0.64
Location Quotient
Greenville-Anderson-Greer, SC has 0.64x 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.
A Location Quotient of 0.64 for Compliance Officers in Greenville-Anderson-Greer, SC indicates that the concentration of these professionals is lower than the national average. This suggests that while the demand may not be as high as in major hubs, the market is less competitive, potentially offering good opportunities for skilled individuals entering or advancing within the field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Spartanburg, SC Compliance Officers Salary | $68,220↓ 12% | 26 mi |
| Asheville, NC Compliance Officers Salary | $73,410↓ 5% | 52 mi |
| Athens-Clarke County, GA Compliance Officers Salary | $61,380↓ 21% | 84 mi |
| Hickory-Lenoir-Morganton, NC Compliance Officers Salary | $62,770↓ 19% | 86 mi |
| Charlotte-Concord-Gastonia, NC-SC Compliance Officers Salary | $92,090↑ 19% | 90 mi |
Comparing salaries near Greenville-Anderson-Greer, SC
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Greenville-Anderson-Greer, SC?
The median annual salary for a Compliance Officers in Greenville-Anderson-Greer, SC is $77,560. This typically ranges from $44,700 for entry-level positions to $113,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greenville-Anderson-Greer, SC is 9.3% lower than the national median of $85,520.
Is Greenville-Anderson-Greer, SC a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $77,560 is below the national average of $85,520, indicating less lucrative compensation in this specific region.
Is Greenville-Anderson-Greer, SC a good place to live for Compliance Officers?
The Cost of Living Index in Greenville-Anderson-Greer, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greenville-Anderson-Greer, SC?
Some top paying nearby cities include Spartanburg, SC ($68,220) and Asheville, NC.
How does the local salary compare to the national average?
The average salary for Compliance Officers in Greenville-Anderson-Greer, SC is $77,560, which is lower than the national average of $85,520.
What is the cost of living in Greenville-Anderson-Greer, SC for Compliance Officers?
The Cost of Living Index in Greenville-Anderson-Greer, SC is 100, which is exactly the national average, meaning your salary's purchasing power is standard.
How concentrated is the Compliance Officer job market in this area?
The job market concentration, measured by the Location Quotient, is 0.64, which is below the national average, suggesting fewer Compliance Officers relative to the national proportion.
What does a Location Quotient of 0.64 mean for job seekers?
A Location Quotient below 1.0, like 0.64, indicates that there are fewer Compliance Officers employed in Greenville-Anderson-Greer, SC compared to the national average, potentially meaning less competition but also possibly lower overall demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Greenville-Anderson-Greer, SC area with a job density of 1.647 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 Greenville-Anderson-Greer, SC