Average Compliance Officers Salary in Lafayette, LA
Compliance Officers in Lafayette, LA earn an average annual salary of $74,140. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $74,140 per year.
- Growth Trend: Salaries have shifted 14.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,090.
- Outlook: The Lafayette, LA market for Compliance Officers appears to be moderately established, with a total local workforce of 240 professionals. The Location Quotient of 0.53 indicates a lower concentration of these roles compared to the national average, suggesting that while the profession exists, it is not a primary driver of the local economy.
Salary Overview
The average Compliance Officers in Lafayette, LA earns-13.3%below the national average.
$35.6
$1,426
$6,178
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, the compliance field nationally has seen consistent growth over the past four years, driven by evolving regulations and increased scrutiny. It is reasonable to assume that salaries for Compliance Officers in Lafayette have also experienced a gradual upward trend, mirroring national patterns, albeit potentially at a different pace.
Compliance Officers Salary Distribution in Lafayette, LA
Career progression for Compliance Officers in Lafayette, LA, typically involves a salary increase 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 significantly higher salaries, reflecting the value of their expertise and the percentile gaps in compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,890 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,605 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,550 | $31.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,675 | $44.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,090 | $62.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$74,140
Gross Pay
Real Wage (Purchasing Power)
$74,140
Adjusted for COL (100)
With an average annual salary of $74,140 and a Cost of Living Index of 100, Compliance Officers in Lafayette, LA, find their nominal earnings align precisely with the national average cost of living. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national standard.
Job Market Context
240
Total Jobs
1.367
Per 1K Jobs
0.53
Location Quotient
Lafayette, LA 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 for Compliance Officers in Lafayette, LA, signifies that the concentration of these roles is less than half of the national average. This suggests a less competitive, or perhaps less specialized, job market for compliance professionals in this specific area compared to national hubs.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Compliance Officers Salary | $65,890↓ 11% | 56 mi |
| Southwest Louisiana nonmetropolitan area Compliance Officers Salary | $60,800↓ 18% | 67 mi |
| Central Louisiana nonmetropolitan area Compliance Officers Salary | $71,210↓ 4% | 67 mi |
| Northeast Louisiana nonmetropolitan area Compliance Officers Salary | $64,270↓ 13% | 67 mi |
| Lake Charles, LA Compliance Officers Salary | $73,630↓ 1% | 70 mi |
Comparing salaries near Lafayette, LA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Lafayette, LA?
The median annual salary for a Compliance Officers in Lafayette, LA is $74,140. This typically ranges from $35,890 for entry-level positions to $130,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 13.3% lower than the national median of $85,520.
Is Lafayette, LA a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary for Compliance Officers in Lafayette is significantly lower than the national average, indicating less lucrative compensation.
Is Lafayette, LA a good place to live for Compliance Officers?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($65,890) and Southwest Louisiana nonmetropolitan area.
How does the Lafayette Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Lafayette, LA, is $74,140, which is below the national average of $85,520.
What is the Cost of Living in Lafayette, LA?
Lafayette, LA has a Cost of Living Index of 100, which is exactly at the national average.
Is there high demand for Compliance Officers in Lafayette, LA?
With a Location Quotient of 0.53, the concentration of Compliance Officers in Lafayette is below the national average, suggesting moderate rather than high demand.
How many Compliance Officers are there in Lafayette, LA?
There are approximately 240 Compliance Officers working in Lafayette, LA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Lafayette, LA area with a job density of 1.367 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 Lafayette, LA