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Average Compliance Officers Salary in Huntington-Ashland, WV-KY-OH

Compliance Officers in the Huntington-Ashland, WV-KY-OH region can expect an average annual salary of $71,690. This figure is notably below the national average of $85,520, suggesting that local market dynamics and potentially a lower demand for specialized compliance roles influence compensation. The specific economic landscape of this tri-state area shapes the earning potential for these critical positions.

Executive Summary

  • Average Salary: $71,690 per year.
  • Growth Trend: Salaries have shifted 20.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,820.
  • Outlook: The job market for Compliance Officers in Huntington-Ashland, WV-KY-OH appears stable, with a local workforce of approximately 200 professionals. The Location Quotient of 0.56 indicates that the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. While the number of jobs per 1,000 workers stands at 1.448, this metric, combined with the lower LQ, points to a market that is present but not a primary hub for compliance expertise.
2024 Market Data

Salary Overview

$71,690

The average Compliance Officers in Huntington-Ashland, WV-KY-OH earns-16.2%below the national average.

BreakdownBased on 40h/week
Hourly

$34.5

Weekly

$1,379

Monthly

$5,974

Compliance Officers Salary Distribution in Huntington-Ashland, WV-KY-OH

Career progression for Compliance Officers in Huntington-Ashland, as elsewhere, is typically marked by increasing salary levels with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive knowledge of regulatory frameworks and risk management will see their compensation rise significantly. The percentile gaps between junior and senior roles reflect the accumulation of expertise, responsibility, and demonstrated value to employers, offering a clear path for career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,720$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,768$25.8
ManagerOversees team, compliance, and project delivery.50% (Median)$65,120$31.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$89,613$43.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$110,820$53.3

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$71,690

Gross Pay

Real Wage (Purchasing Power)

$71,690

Adjusted for COL (100)

For professionals considering a move to Huntington-Ashland, WV-KY-OH, the average Compliance Officer salary of $71,690 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation. While the nominal salary is lower than the national average, the cost of living parity ensures that the real value of the earnings is maintained, making it a financially neutral relocation from a cost perspective.

Job Market Context

200

Total Jobs

1.448

Per 1K Jobs

0.56

Location Quotient

Below Average

Huntington-Ashland, WV-KY-OH has 0.56x 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 0.56 for Compliance Officers in Huntington-Ashland signifies that the region has approximately half the concentration of these professionals compared to the national average. This suggests that the job market is less competitive in terms of the sheer number of available candidates relative to opportunities. While this might imply fewer job openings, it could also mean that skilled Compliance Officers may find themselves in higher demand relative to the local supply, potentially leading to unique opportunities for those with specialized skills.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Huntington-Ashland, WV-KY-OH

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Huntington-Ashland, WV-KY-OH?

The median annual salary for a Compliance Officers in Huntington-Ashland, WV-KY-OH is $71,690. This typically ranges from $37,720 for entry-level positions to $110,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Huntington-Ashland, WV-KY-OH is 16.2% lower than the national median of $85,520.

Is Huntington-Ashland, WV-KY-OH a lucrative place for Compliance Officers?

No, not compared to the national average.The average salary of $71,690 is significantly lower than the national average of $85,520. However, the cost of living is also at the national average, meaning the purchasing power is equivalent.

Is Huntington-Ashland, WV-KY-OH a good place to live for Compliance Officers?

The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Huntington-Ashland, WV-KY-OH?

Some top paying nearby cities include Charleston, WV ($76,010) and Parkersburg-Vienna, WV.

How does the Huntington-Ashland Compliance Officer salary compare to the national average?

The average annual salary for Compliance Officers in Huntington-Ashland, WV-KY-OH is $71,690, which is below the national average of $85,520.

What is the Cost of Living in Huntington-Ashland, WV-KY-OH?

The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100, which is exactly the national average. This means that the cost of goods and services is comparable to the rest of the country.

How concentrated are Compliance Officer jobs in Huntington-Ashland?

The Location Quotient for Compliance Officers in Huntington-Ashland is 0.56, indicating that the concentration of these jobs is less than half of the national average.

What is the total number of Compliance Officers in Huntington-Ashland?

There are approximately 200 Compliance Officers working in the Huntington-Ashland, WV-KY-OH region.

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 Huntington-Ashland, WV-KY-OH area with a job density of 1.448 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.