Average Compliance Officers Salary in Lakeland-Winter Haven, FL
Compliance Officers in the Lakeland-Winter Haven, FL area earn an average annual salary of $72,660. 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: $72,660 per year.
- Growth Trend: Salaries have shifted 16.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,440.
- Outlook: The Lakeland-Winter Haven area supports a workforce of 460 Compliance Officers, with a jobs-per-1,000-workers ratio of 1.766. While the total workforce size indicates a stable presence, the Location Quotient of 0.68 suggests that the concentration of these roles is lower than the national average, implying a potentially less robust or specialized demand compared to other regions.
Salary Overview
The average Compliance Officers in Lakeland-Winter Haven, FL earns-15.0%below the national average.
$34.9
$1,397
$6,055
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Lakeland-Winter Haven 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 compliance expertise across industries. This trend is likely reflected, to some degree, in the local market, even if at a different pace.
Compliance Officers Salary Distribution in Lakeland-Winter Haven, FL
Salary progression for Compliance Officers typically scales with experience. Entry-level positions may start significantly below the average, while seasoned professionals with specialized knowledge and a proven track record can command salaries well above $72,660. The percentile gaps in salary distribution highlight the substantial career growth and earning potential available as one advances in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,390 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,495 | $26.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,050 | $31.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,825 | $43.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,440 | $54.1 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$72,660
Gross Pay
Real Wage (Purchasing Power)
$72,660
Adjusted for COL (100)
With a Cost of Living Index of 100, Lakeland-Winter Haven is at the national average for affordability. This means the nominal average salary of $72,660 for Compliance Officers holds its purchasing power directly in line with the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
460
Total Jobs
1.766
Per 1K Jobs
0.68
Location Quotient
Lakeland-Winter Haven, FL has 0.68x 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 0.68 for Compliance Officers in Lakeland-Winter Haven indicates that the profession is less concentrated here than the national average. This suggests that while opportunities exist, the market may be less competitive in terms of the sheer number of available roles relative to the overall workforce, potentially offering a more accessible entry point for qualified candidates.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| North Florida nonmetropolitan area Compliance Officers Salary | $60,570↓ 17% | 26 mi |
| South Florida nonmetropolitan area Compliance Officers Salary | $80,130↑ 10% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Compliance Officers Salary | $80,160↑ 10% | 32 mi |
| Orlando-Kissimmee-Sanford, FL Compliance Officers Salary | $78,850↑ 9% | 48 mi |
| Wildwood-The Villages, FL Compliance Officers Salary | $73,700↑ 1% | 50 mi |
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Lakeland-Winter Haven, FL?
The median annual salary for a Compliance Officers in Lakeland-Winter Haven, FL is $72,660. This typically ranges from $41,390 for entry-level positions to $112,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 15.0% lower than the national median of $85,520.
Is Lakeland-Winter Haven, FL a lucrative place for Compliance Officers?
No, it is not currently the most lucrative place for Compliance Officers.The average salary of $72,660 is below the national average of $85,520, and the Location Quotient of 0.68 indicates a lower concentration of these roles compared to the national benchmark.
Is Lakeland-Winter Haven, FL a good place to live for Compliance Officers?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($60,570) and South Florida nonmetropolitan area.
How does the Lakeland-Winter Haven salary compare to the national average?
The average salary for Compliance Officers in Lakeland-Winter Haven, FL is $72,660, which is approximately 15% lower than the national average of $85,520.
What is the cost of living in Lakeland-Winter Haven, FL for Compliance Officers?
The cost of living in Lakeland-Winter Haven, FL is at the national average (index of 100), meaning that the $72,660 salary offers purchasing power equivalent to the national average.
How concentrated are Compliance Officer jobs in Lakeland-Winter Haven, FL?
Compliance Officer jobs are less concentrated in Lakeland-Winter Haven, FL, with a Location Quotient of 0.68, indicating fewer roles relative to the national average.
What is the total number of Compliance Officers in Lakeland-Winter Haven, FL?
There are approximately 460 Compliance Officers employed in the Lakeland-Winter Haven, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Lakeland-Winter Haven, FL area with a job density of 1.766 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 Lakeland-Winter Haven, FL