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Average Compliance Officers Salary in High Desert Utah nonmetropolitan area

Compliance Officers in the High Desert Utah nonmetropolitan area earn an average annual salary of $64,950. This figure is notably lower than the national average of $85,520, reflecting the unique economic dynamics and potentially lower demand for specialized roles in nonmetropolitan regions. Factors such as industry concentration and the overall economic scale of the area often dictate these localized pay scales.

Executive Summary

  • Average Salary: $64,950 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $108,250.
  • Outlook: The job market for Compliance Officers in High Desert Utah appears stable, with a total local workforce of 200 professionals. The Location Quotient of 0.71 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate but not saturated demand. With 1.822 jobs per 1,000 workers, the presence of these roles is consistent with the area's economic landscape.
2024 Market Data

Salary Overview

$64,950

The average Compliance Officers in High Desert Utah nonmetropolitan area earns-24.1%below the national average.

BreakdownBased on 40h/week
Hourly

$31.2

Weekly

$1,249

Monthly

$5,413

Compliance Officers Salary Distribution in High Desert Utah nonmetropolitan area

Career progression for Compliance Officers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Compliance Officers, with extensive experience and specialized knowledge, can command salaries well above the average. The percentile gaps in salary distribution signify the substantial rewards associated with advancing through the ranks and acquiring deeper expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$26,000$12.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,713$23.4
ManagerOversees team, compliance, and project delivery.50% (Median)$59,720$28.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$81,188$39
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$108,250$52

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$64,950

Gross Pay

Real Wage (Purchasing Power)

$64,950

Adjusted for COL (100)

For professionals considering a move to High Desert Utah, the average Compliance Officer salary of $64,950 aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage compared to the rest of the country.

Job Market Context

200

Total Jobs

1.822

Per 1K Jobs

0.71

Location Quotient

Below Average

High Desert Utah nonmetropolitan area has 0.71x 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 0.71 for Compliance Officers in High Desert Utah indicates that the profession is less concentrated than the national average. This suggests that while opportunities exist, the market is not oversaturated, potentially offering a stable environment for skilled professionals. It implies that employers may seek specialized talent, but the overall demand is slightly below the national benchmark.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near High Desert Utah nonmetropolitan area

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in High Desert Utah nonmetropolitan area?

The median annual salary for a Compliance Officers in High Desert Utah nonmetropolitan area is $64,950. This typically ranges from $26,000 for entry-level positions to $108,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in High Desert Utah nonmetropolitan area is 24.1% lower than the national median of $85,520.

Is High Desert Utah nonmetropolitan area a lucrative place for Compliance Officerss?

No, it is not considered a highly lucrative area.The average salary of $64,950 is significantly below the national average of $85,520, indicating lower earning potential for Compliance Officers in this region.

Is High Desert Utah nonmetropolitan area a good place to live for Compliance Officers?

The Cost of Living Index in High Desert Utah nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near High Desert Utah nonmetropolitan area?

Some top paying nearby cities include Provo-Orem-Lehi, UT ($65,740) and Salt Lake City-Murray, UT.

How does the High Desert Utah salary compare to the national average?

Compliance Officers in High Desert Utah earn an average of $64,950 annually, which is considerably less than the national average of $85,520.

What is the concentration of Compliance Officers in High Desert Utah?

The Location Quotient of 0.71 suggests that Compliance Officers are less concentrated in High Desert Utah compared to the national average, indicating a slightly lower prevalence of the role.

Does the cost of living affect the Compliance Officer salary in High Desert Utah?

The local Cost of Living Index is 100, matching the national average. Therefore, the $64,950 salary in High Desert Utah has purchasing power equivalent to the national average, with no significant impact from local living costs.

What is the job density for Compliance Officers in this area?

There are approximately 1.822 Compliance Officer jobs per 1,000 workers in the High Desert Utah nonmetropolitan area, indicating a moderate level of job availability relative to the total workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the High Desert Utah nonmetropolitan area area with a job density of 1.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.