Average Compliance Officers Salary in Lancaster, PA
Compliance Officers in Lancaster, PA, earn an average annual salary of $67,900. 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 Pennsylvania city.
Executive Summary
- Average Salary: $67,900 per year.
- Growth Trend: Salaries have shifted 1.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,980.
- Outlook: The Compliance Officer job market in Lancaster, PA, is characterized by a local workforce of 360 professionals. With a Location Quotient of 0.55, the concentration of these roles is below the national average, indicating a less saturated but potentially less robust demand compared to national trends. The presence of 1.424 jobs per 1,000 workers further contextualizes the current employment landscape for this profession in the area.
Salary Overview
The average Compliance Officers in Lancaster, PA earns-20.6%below the national average.
$32.6
$1,306
$5,658
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Lancaster, PA is not provided, it is reasonable to assume that salaries for Compliance Officers have experienced a gradual upward trend over the past four years, mirroring national patterns. Economic factors, evolving regulatory landscapes, and increased demand for specialized skills typically drive modest annual salary increases in most professional fields.
Compliance Officers Salary Distribution in Lancaster, PA
Career progression for Compliance Officers in Lancaster, PA, is typically reflected in salary increases tied to experience. Entry-level positions might start closer to $50,000, while seasoned professionals with extensive expertise and specialized certifications could command salaries exceeding $80,000. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential as one moves from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,600 | $20 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,925 | $24.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,760 | $29.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,875 | $40.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,980 | $51 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$67,900
Gross Pay
Real Wage (Purchasing Power)
$67,900
Adjusted for COL (100)
The average annual salary of $67,900 for Compliance Officers in Lancaster, PA, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial standing for professionals considering a move to or within Lancaster.
Job Market Context
360
Total Jobs
1.424
Per 1K Jobs
0.55
Location Quotient
Lancaster, PA has 0.55x 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 0.55 for Compliance Officers in Lancaster, PA, indicates that the profession is less concentrated locally than the national average. This suggests that while there may be fewer job opportunities relative to other professions compared to the national scale, the market is not oversaturated, potentially offering a stable environment for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Compliance Officers Salary | $76,650↑ 13% | 22 mi |
| York-Hanover, PA Compliance Officers Salary | $80,700↑ 19% | 23 mi |
| Reading, PA Compliance Officers Salary | $71,450↑ 5% | 29 mi |
| Harrisburg-Carlisle, PA Compliance Officers Salary | $75,610↑ 11% | 35 mi |
| Gettysburg, PA Compliance Officers Salary | $62,790↓ 8% | 52 mi |
Comparing salaries near Lancaster, PA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Lancaster, PA?
The median annual salary for a Compliance Officers in Lancaster, PA is $67,900. This typically ranges from $41,600 for entry-level positions to $105,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lancaster, PA is 20.6% lower than the national median of $85,520.
Is Lancaster, PA a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.Compliance Officers in Lancaster, PA, earn $67,900 annually, which is below the national average of $85,520. However, the cost of living is at the national average, making the salary's purchasing power comparable nationally.
Is Lancaster, PA a good place to live for Compliance Officers?
The Cost of Living Index in Lancaster, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lancaster, PA?
Some top paying nearby cities include Lebanon, PA ($76,650) and York-Hanover, PA.
What is the average salary for a Compliance Officer in Lancaster, PA?
The average annual salary for a Compliance Officer in Lancaster, PA, is $67,900.
How does the Lancaster, PA salary compare to the national average?
The average salary in Lancaster, PA ($67,900) is lower than the national average of $85,520.
What is the Cost of Living Index in Lancaster, PA?
The Cost of Living Index in Lancaster, PA, is 100, which is the national average.
Is there high demand for Compliance Officers in Lancaster, PA?
The Location Quotient of 0.55 suggests that Compliance Officers are less concentrated in Lancaster, PA, compared to the national average, indicating moderate demand.
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 Lancaster, PA area with a job density of 1.424 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 Lancaster, PA