Average Compliance Officers Salary in Kingsport-Bristol, TN-VA
Compliance Officers in the Kingsport-Bristol, TN-VA area earn an average annual salary of $75,590. This figure is notably below the national average of $85,520, suggesting that local market dynamics and industry specific demand play a significant role in compensation within this region. Factors such as the concentration of specific industries or the overall economic landscape of Kingsport-Bristol likely influence this pay differential.
Executive Summary
- Average Salary: $75,590 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,130.
- Outlook: The Kingsport-Bristol, TN-VA area supports a local workforce of 290 Compliance Officers. With a Location Quotient of 0.96, the concentration of these roles is nearly on par with the national average, indicating a stable, albeit not exceptionally concentrated, demand for compliance professionals. The presence of 2.489 jobs per 1,000 workers further solidifies the presence of this profession within the local economy.
Salary Overview
The average Compliance Officers in Kingsport-Bristol, TN-VA earns-11.6%below the national average.
$36.3
$1,454
$6,299
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Kingsport-Bristol 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 the critical need for robust compliance functions across industries. This trend is likely reflected, to some extent, in the Kingsport-Bristol market, with incremental salary adjustments occurring in response to market forces and evolving compliance landscapes.
Compliance Officers Salary Distribution in Kingsport-Bristol, TN-VA
Salary progression for Compliance Officers typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command salaries well above the average. The percentile gaps in compensation clearly signify career progression, rewarding accumulated knowledge, leadership capabilities, and a proven track record in navigating complex regulatory environments.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,000 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,693 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,210 | $30.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,488 | $45.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,130 | $57.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$75,590
Gross Pay
Real Wage (Purchasing Power)
$75,590
Adjusted for COL (100)
The average annual salary of $75,590 in Kingsport-Bristol, TN-VA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making it neither particularly advantageous nor disadvantageous from a cost-of-living perspective for relocation.
Job Market Context
290
Total Jobs
2.489
Per 1K Jobs
0.96
Location Quotient
Kingsport-Bristol, TN-VA has 0.96x 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 0.96 suggests that the Kingsport-Bristol, TN-VA market has a concentration of Compliance Officers that is very close to the national average. This indicates a balanced job market where demand is present and steady, but not overwhelmingly high compared to other regions. Professionals entering this market will find a competitive environment that is neither saturated nor exceptionally scarce in terms of opportunities.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Johnson City, TN Compliance Officers Salary | $60,430↓ 20% | 16 mi |
| Morristown, TN Compliance Officers Salary | $58,440↓ 23% | 47 mi |
| Asheville, NC Compliance Officers Salary | $73,410↓ 3% | 66 mi |
| Hickory-Lenoir-Morganton, NC Compliance Officers Salary | $62,770↓ 17% | 87 mi |
| Knoxville, TN Compliance Officers Salary | $74,280↓ 2% | 87 mi |
Comparing salaries near Kingsport-Bristol, TN-VA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Kingsport-Bristol, TN-VA?
The median annual salary for a Compliance Officers in Kingsport-Bristol, TN-VA is $75,590. This typically ranges from $43,000 for entry-level positions to $120,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kingsport-Bristol, TN-VA is 11.6% lower than the national median of $85,520.
Is Kingsport-Bristol, TN-VA a lucrative place for Compliance Officerss?
No, not exceptionally lucrative compared to the national average.The average salary of $75,590 is below the national average of $85,520, although the cost of living is also at the national average.
Is Kingsport-Bristol, TN-VA a good place to live for Compliance Officers?
The Cost of Living Index in Kingsport-Bristol, TN-VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kingsport-Bristol, TN-VA?
Some top paying nearby cities include Johnson City, TN ($60,430) and Morristown, TN.
How does the Kingsport-Bristol salary compare to the national average?
The average salary for Compliance Officers in Kingsport-Bristol, TN-VA is $75,590, which is $9,930 less than the national average of $85,520.
What is the Cost of Living in Kingsport-Bristol, TN-VA for Compliance Officers?
The Cost of Living Index in Kingsport-Bristol, TN-VA is 100, which is exactly the national average. This means your salary of $75,590 has the same purchasing power as the national average salary.
How concentrated is the Compliance Officer job market in Kingsport-Bristol, TN-VA?
The job market is nearly as concentrated as the national average, with a Location Quotient of 0.96, indicating a stable presence of Compliance Officers.
What is the total number of Compliance Officers in Kingsport-Bristol, TN-VA?
There are approximately 290 Compliance Officers employed in the Kingsport-Bristol, TN-VA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Kingsport-Bristol, TN-VA area with a job density of 2.489 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 Kingsport-Bristol, TN-VA