Average Compliance Officers Salary in Jackson, MS
Compliance Officers in Jackson, MS, earn an average annual salary of $70,960. This figure is notably below the national average of $85,520, suggesting that local market dynamics and potentially a different industry focus in the region influence compensation levels. Factors such as the specific industries prevalent in Mississippi and the overall demand for specialized compliance expertise likely contribute to this disparity.
Executive Summary
- Average Salary: $70,960 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,280.
- Outlook: The compliance officer job market in Jackson, MS, is characterized by a local workforce of 570 professionals. With a Location Quotient of 0.82, the concentration of these roles is slightly below the national average, indicating a moderately developed but not oversaturated market. The presence of 2.127 jobs per 1,000 workers suggests a steady, albeit not explosive, demand for compliance expertise within the state capital.
Salary Overview
The average Compliance Officers in Jackson, MS earns-17.0%below the national average.
$34.1
$1,365
$5,913
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Jackson, MS 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 a heightened focus on corporate governance. This trend likely extends to Jackson, MS, with incremental salary increases reflecting evolving market demands and inflation, though the pace may differ from national benchmarks.
Compliance Officers Salary Distribution in Jackson, MS
Career progression for Compliance Officers in Jackson, MS, typically correlates with increased compensation. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, potentially reaching well into the six figures. The percentile gaps in salary distribution highlight the substantial earning potential as one advances through junior, mid-level, and senior compliance roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,820 | $20.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,220 | $25.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,960 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,700 | $42.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,280 | $54 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$70,960
Gross Pay
Real Wage (Purchasing Power)
$70,960
Adjusted for COL (100)
The nominal salary of $70,960 for Compliance Officers in Jackson, MS, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Jackson-based Compliance Officer's salary is equivalent to that of their national counterparts, offering a stable financial standing relative to the rest of the country.
Job Market Context
570
Total Jobs
2.127
Per 1K Jobs
0.82
Location Quotient
Jackson, MS has 0.82x 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.
With a Location Quotient of 0.82, Jackson, MS, presents a compliance officer job market that is slightly less concentrated than the national average. This suggests that while the demand exists, the field may not be as intensely competitive as in major metropolitan hubs, potentially offering good opportunities for skilled professionals. The market is neither saturated nor exceptionally scarce, indicating a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Upper East Mississippi nonmetropolitan area Compliance Officers Salary | $68,260↓ 4% | 43 mi |
| Lower East Mississippi nonmetropolitan area Compliance Officers Salary | $66,150↓ 7% | 43 mi |
| Lower West Mississippi nonmetropolitan area Compliance Officers Salary | $72,080↑ 2% | 43 mi |
| West Delta Mississippi nonmetropolitan area Compliance Officers Salary | $57,830↓ 19% | 43 mi |
| Hattiesburg, MS Compliance Officers Salary | $66,620↓ 6% | 87 mi |
Comparing salaries near Jackson, MS
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Jackson, MS?
The median annual salary for a Compliance Officers in Jackson, MS is $70,960. This typically ranges from $41,820 for entry-level positions to $112,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jackson, MS is 17.0% lower than the national median of $85,520.
Is Jackson, MS a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.Compliance Officers in Jackson, MS, earn approximately 17% less than the national average. However, the cost of living is also at the national average, meaning the take-home pay has equivalent purchasing power.
Is Jackson, MS a good place to live for Compliance Officers?
The Cost of Living Index in Jackson, MS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jackson, MS?
Some top paying nearby cities include Upper East Mississippi nonmetropolitan area ($68,260) and Lower East Mississippi nonmetropolitan area.
How does Jackson, MS compare to the national average salary for Compliance Officers?
The average annual salary for Compliance Officers in Jackson, MS, is $70,960, which is below the national average of $85,520.
What is the cost of living in Jackson, MS for Compliance Officers?
The cost of living in Jackson, MS, is exactly at the national average (index of 100), meaning your salary has the same purchasing power as it would nationally.
How concentrated is the Compliance Officer job market in Jackson, MS?
The job market concentration, measured by the Location Quotient, is 0.82, indicating it is slightly less concentrated than the national average.
What is the total number of Compliance Officers in Jackson, MS?
There are approximately 570 Compliance Officers employed in Jackson, MS.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Jackson, MS area with a job density of 2.127 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compliance Officers Salaries by State
Top Jobs in Jackson, MS
- All Occupations Salary in Jackson, MS
- Office and Administrative Support Occupations Salary in Jackson, MS
- Transportation and Material Moving Occupations Salary in Jackson, MS
- Sales and Related Occupations Salary in Jackson, MS
- Healthcare Practitioners and Technical Occupations Salary in Jackson, MS
- Food Preparation and Serving Related Occupations Salary in Jackson, MS
- Production Occupations Salary in Jackson, MS
- Educational Instruction and Library Occupations Salary in Jackson, MS
- Management Occupations Salary in Jackson, MS
- Business and Financial Operations Occupations Salary in Jackson, MS
- Browse All Jobs in Jackson, MS →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Jackson, MS