Average Compliance Officers Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
Compliance Officers in the Kiryas Joel-Poughkeepsie-Newburgh, NY area earn an impressive average annual salary of $88,260. This figure slightly surpasses the national average of $85,520, indicating a localized premium for these critical roles. Factors such as regional industry demands and the specific regulatory landscape likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $88,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,920.
- Outlook: The local job market for Compliance Officers in Kiryas Joel-Poughkeepsie-Newburgh, NY, while not exceptionally concentrated with a Location Quotient of 0.53, still presents a stable opportunity given the total workforce of 360 individuals in this specialized field. The presence of 1.377 jobs per 1,000 workers suggests a consistent, albeit not rapidly expanding, demand for compliance expertise within the region.
Salary Overview
The average Compliance Officers in Kiryas Joel-Poughkeepsie-Newburgh, NY earns+3.2%above the national average.
$42.4
$1,697
$7,355
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this precise metropolitan area is not provided, it is reasonable to assume that salaries for Compliance Officers nationwide and in similar regions have experienced steady growth over the past four years. This trend is driven by increasing regulatory complexity and the growing importance of robust compliance frameworks across all industries, leading to a natural upward pressure on compensation.
Compliance Officers Salary Distribution in Kiryas Joel-Poughkeepsie-Newburgh, NY
The salary trajectory for Compliance Officers typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command salaries well above the average. The percentile gaps in compensation clearly signify the career progression and increased earning potential available to those who advance within the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,290 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,195 | $31.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,210 | $38.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,325 | $53 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,920 | $66.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$88,260
Gross Pay
Real Wage (Purchasing Power)
$88,260
Adjusted for COL (100)
With an average annual salary of $88,260 and a Cost of Living Index at the national average of 100, Compliance Officers in Kiryas Joel-Poughkeepsie-Newburgh, NY, can expect their earnings to align closely with the typical national spending power. This means that while the nominal salary is strong, the purchasing power of that salary is neither significantly enhanced nor diminished by the local cost of living.
Job Market Context
360
Total Jobs
1.377
Per 1K Jobs
0.53
Location Quotient
Kiryas Joel-Poughkeepsie-Newburgh, NY has 0.53x 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 0.53 indicates that Compliance Officer roles are less concentrated in Kiryas Joel-Poughkeepsie-Newburgh, NY, compared to the national average. This suggests that while the jobs exist, the market may not be saturated, potentially offering good opportunities for skilled professionals. However, it also implies that the demand might be more niche or tied to specific local industries rather than a broad regional requirement.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Kingston, NY Compliance Officers Salary | $87,390↓ 1% | 42 mi |
| New York-Newark-Jersey City, NY-NJ Compliance Officers Salary | $98,560↑ 12% | 44 mi |
| Bridgeport-Stamford-Danbury, CT Compliance Officers Salary | $100,620↑ 14% | 51 mi |
| Waterbury-Shelton, CT Compliance Officers Salary | $82,590↓ 6% | 60 mi |
| New Haven, CT Compliance Officers Salary | $99,200↑ 12% | 64 mi |
Comparing salaries near Kiryas Joel-Poughkeepsie-Newburgh, NY
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Kiryas Joel-Poughkeepsie-Newburgh, NY?
The median annual salary for a Compliance Officers in Kiryas Joel-Poughkeepsie-Newburgh, NY is $88,260. This typically ranges from $50,290 for entry-level positions to $137,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kiryas Joel-Poughkeepsie-Newburgh, NY is 3.2% higher than the national median of $85,520.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a lucrative place for Compliance Officerss?
Yes, it offers a slightly above-average salary.Compliance Officers in this region earn $88,260 annually, exceeding the national average. Coupled with a cost of living at the national benchmark, this makes the area financially attractive for the profession.
Is Kiryas Joel-Poughkeepsie-Newburgh, NY a good place to live for Compliance Officers?
The Cost of Living Index in Kiryas Joel-Poughkeepsie-Newburgh, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kiryas Joel-Poughkeepsie-Newburgh, NY?
Some top paying nearby cities include Kingston, NY ($87,390) and New York-Newark-Jersey City, NY-NJ.
How does the local salary compare to the national average?
The average annual salary for Compliance Officers in Kiryas Joel-Poughkeepsie-Newburgh, NY is $88,260, which is higher than the national average of $85,520.
What is the concentration of Compliance Officers in this area?
The concentration, measured by the Location Quotient, is 0.53, meaning the presence of these roles is about half as concentrated as the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $88,260 salary has purchasing power equivalent to the national average.
What is the total number of Compliance Officers in the local workforce?
There are approximately 360 Compliance Officers employed within the Kiryas Joel-Poughkeepsie-Newburgh, NY metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Kiryas Joel-Poughkeepsie-Newburgh, NY area with a job density of 1.377 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 Kiryas Joel-Poughkeepsie-Newburgh, NY
- All Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Office and Administrative Support Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Transportation and Material Moving Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Educational Instruction and Library Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Sales and Related Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Food Preparation and Serving Related Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Healthcare Practitioners and Technical Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Healthcare Support Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Management Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Installation, Maintenance, and Repair Occupations Salary in Kiryas Joel-Poughkeepsie-Newburgh, NY
- Browse All Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Kiryas Joel-Poughkeepsie-Newburgh, NY