Average Compliance Officers Salary in Hawaii
Compliance Officers in Hawaii earn an average annual salary of $83,510, which is slightly below the national average of $85,520. This marginal difference can be attributed to a combination of factors unique to the Hawaiian market, including its island geography and specific industry demands that influence compensation structures.
Executive Summary
- Average Salary: $83,510 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,840.
- Outlook: With a local workforce of 1,290 Compliance Officers, Hawaii presents a moderately sized job market. The Location Quotient of 0.8 suggests that the concentration of these roles is slightly below the national average, indicating a stable but not overly saturated demand for compliance expertise within the state.
Salary Overview
The average Compliance Officers in Hawaii earns-2.4%below the national average.
$40.2
$1,606
$6,959
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Compliance Officers nationwide have seen consistent growth over the past four years, driven by increasing regulatory complexity and the critical need for skilled professionals. This upward trend is likely mirrored in Hawaii, reflecting the evolving landscape of compliance requirements.
Compliance Officers Salary Distribution in Hawaii
The career trajectory for Compliance Officers in Hawaii typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, navigate complex regulations, and take on more responsibility, their earning potential escalates, with senior roles commanding substantially higher compensation, often reflected in the upper salary percentiles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,210 | $25.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,633 | $30.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,930 | $38.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,388 | $50.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $117,840 | $56.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$83,510
Gross Pay
Real Wage (Purchasing Power)
$44,850
Adjusted for COL (186.2)
The nominal salary of $83,510 in Hawaii must be viewed in the context of its exceptionally high Cost of Living Index of 186.2. This means that while the gross income appears competitive, the purchasing power of that salary is significantly reduced due to the elevated expenses associated with living in the state, requiring careful financial planning.
Job Market Context
1,290
Total Jobs
2.077
Per 1K Jobs
0.8
Location Quotient
Hawaii has 0.80x 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 0.8 for Compliance Officers in Hawaii indicates that the profession is slightly less concentrated than the national average. This suggests that while there is a steady presence of these roles, the market may not be as intensely competitive as in areas with a higher LQ, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Urban Honolulu, HI Compliance Officers Salary | $84,740↑ 1% | 37 mi |
| Kahului-Wailuku, HI Compliance Officers Salary | $74,030↓ 11% | 69 mi |
Comparing salaries near Hawaii
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Frequently Asked Questions
How much does a Compliance Officers make in Hawaii?
The median annual salary for a Compliance Officers in Hawaii is $83,510. This typically ranges from $53,210 for entry-level positions to $117,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hawaii is 2.4% lower than the national median of $85,520.
Is Hawaii a lucrative place for Compliance Officers?
No, not entirely.While the average salary of $83,510 is respectable, it falls slightly below the national average and is significantly impacted by Hawaii's extremely high cost of living, making it less lucrative in terms of real purchasing power.
Is Hawaii a good place to live for Compliance Officers?
The Cost of Living Index in Hawaii is 186.2. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hawaii?
Some top paying nearby cities include Urban Honolulu, HI ($84,740) and Kahului-Wailuku, HI.
How does Hawaii's Cost of Living affect Compliance Officer salaries?
Hawaii's Cost of Living Index is 186.2, more than 86% higher than the national average. This means the $83,510 salary buys considerably less than the national average salary in a more affordable region.
Is the demand for Compliance Officers high in Hawaii?
The demand is moderate. With 2.077 jobs per 1,000 workers and a Location Quotient of 0.8, the concentration is slightly below the national average, suggesting a stable but not booming job market.
What is the typical salary range for Compliance Officers in Hawaii?
While the average is $83,510, entry-level positions would likely be lower, and senior or highly specialized roles could command significantly higher salaries, potentially reaching into the six figures depending on experience and employer.
How does Hawaii's Compliance Officer workforce compare to the national average?
Hawaii has a total workforce of 1,290 Compliance Officers, and its Location Quotient of 0.8 indicates a slightly lower concentration of these professionals compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Hawaii area with a job density of 2.077 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 Hawaii