Average Compliance Officers Salary in Little Rock-North Little Rock-Conway, AR
Compliance Officers in the Little Rock-North Little Rock-Conway, AR area earn an average annual salary of $69,130. 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: $69,130 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,140.
- Outlook: The Little Rock-North Little Rock-Conway, AR metropolitan area supports a local workforce of 970 Compliance Officers. With a Location Quotient of 1.06, the concentration of these roles is slightly above the national average, indicating a stable, albeit not rapidly expanding, demand for compliance professionals in the region. The presence of 2.74 jobs per 1,000 workers further solidifies this moderate level of market activity.
Salary Overview
The average Compliance Officers in Little Rock-North Little Rock-Conway, AR earns-19.2%below the national average.
$33.2
$1,329
$5,761
Compliance Officers Salary Trends (2020-2024)
While specific historical data for the Little Rock-North Little Rock-Conway, AR area is not provided, it is reasonable to assume that salaries for Compliance Officers have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and evolving regulatory landscapes typically drive incremental increases in compensation for specialized roles like compliance.
Compliance Officers Salary Distribution in Little Rock-North Little Rock-Conway, AR
Salary progression for Compliance Officers in Little Rock-North Little Rock-Conway, AR, typically correlates with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command significantly higher salaries, often reaching the upper percentiles. These percentile gaps clearly signify the career advancement and earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,490 | $22.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,848 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,810 | $29.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,413 | $41.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,140 | $53 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$69,130
Gross Pay
Real Wage (Purchasing Power)
$69,130
Adjusted for COL (100)
The average annual salary of $69,130 for Compliance Officers in Little Rock-North Little Rock-Conway, AR, 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 landscape for professionals considering a move to the area.
Job Market Context
970
Total Jobs
2.74
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
With a Location Quotient of 1.06, the Little Rock-North Little Rock-Conway, AR market exhibits a slightly higher concentration of Compliance Officer roles compared to the national average. This suggests a moderately competitive job market where demand is present and stable, but perhaps not as intensely saturated as in major metropolitan hubs, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Compliance Officers Salary | $56,440↓ 18% | 17 mi |
| North Arkansas nonmetropolitan area Compliance Officers Salary | $60,400↓ 13% | 17 mi |
| West Arkansas nonmetropolitan area Compliance Officers Salary | $61,040↓ 12% | 17 mi |
| East Arkansas nonmetropolitan area Compliance Officers Salary | $54,090↓ 22% | 17 mi |
| Hot Springs, AR Compliance Officers Salary | $62,660↓ 9% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
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Frequently Asked Questions
How much does a Compliance Officers make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Compliance Officers in Little Rock-North Little Rock-Conway, AR is $69,130. This typically ranges from $46,490 for entry-level positions to $110,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 19.2% lower than the national median of $85,520.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Compliance Officers?
No, not particularly lucrative compared to the national average.While the cost of living is average, the average salary of $69,130 is significantly lower than the national average of $85,520 for Compliance Officers.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Compliance Officers?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($56,440) and North Arkansas nonmetropolitan area.
How does the Little Rock Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Little Rock is $69,130, which is considerably lower than the national average of $85,520.
What is the cost of living in Little Rock-North Little Rock-Conway, AR?
The cost of living in Little Rock-North Little Rock-Conway, AR is at the national average, indicated by a Cost of Living Index of 100.
How concentrated are Compliance Officer jobs in Little Rock?
Compliance Officer jobs are slightly more concentrated in Little Rock than the national average, with a Location Quotient of 1.06.
What is the job density for Compliance Officers in Little Rock?
There are approximately 2.74 Compliance Officer jobs per 1,000 workers in the Little Rock-North Little Rock-Conway, AR 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 970 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 2.74 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 Little Rock-North Little Rock-Conway, AR