Average Compliance Officers Salary in Idaho Falls, ID
Compliance Officers in Idaho Falls, ID, earn an impressive average annual salary of $93,120, significantly exceeding the national average of $85,520. This elevated compensation reflects the specialized nature of compliance roles and potentially a localized demand for these critical functions within the region's economic landscape.
Executive Summary
- Average Salary: $93,120 per year.
- Growth Trend: Salaries have shifted 68.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $157,420.
- Outlook: With a local workforce of 280 Compliance Officers and a Location Quotient of 1.33, Idaho Falls demonstrates a concentration of these professionals that is 33% higher than the national average. This suggests a robust and potentially growing demand for compliance expertise within the area, indicating a healthy job market for those in this field.
Salary Overview
The average Compliance Officers in Idaho Falls, ID earns+8.9%above the national average.
$44.8
$1,791
$7,760
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Idaho Falls have experienced consistent growth over the past four years, mirroring national trends. Factors such as evolving regulatory landscapes and increased emphasis on corporate governance likely contribute to upward salary pressure.
Compliance Officers Salary Distribution in Idaho Falls, ID
Career progression for Compliance Officers in Idaho Falls typically correlates with increased salary. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command salaries well into the upper percentiles, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,980 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,840 | $33.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,480 | $46.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,400 | $56 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $157,420 | $75.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$93,120
Gross Pay
Real Wage (Purchasing Power)
$93,120
Adjusted for COL (100)
The average annual salary of $93,120 in Idaho Falls aligns perfectly with the national average cost of living (Index 100). This means that the purchasing power of a Compliance Officer's salary in Idaho Falls is equivalent to that of their counterparts in a typical U.S. city, offering a stable financial foundation for residents.
Job Market Context
280
Total Jobs
3.421
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Idaho Falls, ID has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
A Location Quotient of 1.33 signifies that Compliance Officers are more concentrated in Idaho Falls than the national average. This suggests a specialized market where demand may be slightly outpacing supply, potentially leading to competitive compensation packages for qualified candidates and indicating a favorable environment for job seekers in this sector.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Pocatello, ID Compliance Officers Salary | $62,740↓ 33% | 48 mi |
Comparing salaries near Idaho Falls, ID
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Idaho Falls, ID?
The median annual salary for a Compliance Officers in Idaho Falls, ID is $93,120. This typically ranges from $40,980 for entry-level positions to $157,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Idaho Falls, ID is 8.9% higher than the national median of $85,520.
Is Idaho Falls, ID a lucrative place for Compliance Officers?
Yes, Idaho Falls, ID offers a lucrative environment for Compliance Officers.The average salary of $93,120 is notably higher than the national average, and the cost of living is on par with the national average, enhancing the real value of this compensation.
Is Idaho Falls, ID a good place to live for Compliance Officers?
The Cost of Living Index in Idaho Falls, ID is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Idaho Falls, ID?
Some top paying nearby cities include Pocatello, ID ($62,740) and others.
How does the Idaho Falls Compliance Officer salary compare to the national average?
Compliance Officers in Idaho Falls earn an average of $93,120 annually, which is $7,600 more than the national average of $85,520.
What is the concentration of Compliance Officers in Idaho Falls?
Idaho Falls has a higher concentration of Compliance Officers than the national average, indicated by a Location Quotient of 1.33.
Does the cost of living in Idaho Falls affect the value of the salary?
No, the cost of living in Idaho Falls is exactly at the national average (Index 100), meaning the $93,120 salary has the same purchasing power as the national average salary in a typical U.S. city.
How many Compliance Officers work in Idaho Falls?
There are approximately 280 Compliance Officers employed in the Idaho Falls, ID area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Idaho Falls, ID area with a job density of 3.421 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 Idaho Falls, ID