Average Compliance Officers Salary in Louisville/Jefferson County, KY-IN
Compliance Officers in Louisville/Jefferson County, KY-IN earn an average annual salary of $78,120. This figure is notably below the national average of $85,520, suggesting that local market dynamics, industry concentration, and potentially regional demand play a significant role in compensation levels within this metropolitan area.
Executive Summary
- Average Salary: $78,120 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,020.
- Outlook: With a local workforce of 1,370 Compliance Officers, Louisville/Jefferson County presents a moderately sized job market for this profession. The Location Quotient of 0.77 indicates a slightly lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the field is not as densely populated as in other regions, potentially offering a stable, albeit not hyper-competitive, job environment.
Salary Overview
The average Compliance Officers in Louisville/Jefferson County, KY-IN earns-8.7%below the national average.
$37.6
$1,502
$6,510
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Louisville/Jefferson County is not provided, it is generally assumed that salaries for Compliance Officers nationwide have experienced a steady upward trend over the past four years, driven by increasing regulatory complexity and the growing importance of compliance functions across all industries. This national trend likely influences local compensation, even if at a slightly moderated pace.
Compliance Officers Salary Distribution in Louisville/Jefferson County, KY-IN
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 substantially higher salaries, often reaching well into the six figures. The percentile gaps in earnings 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) | $45,960 | $22.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,590 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,400 | $36.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,650 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,020 | $55.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$78,120
Gross Pay
Real Wage (Purchasing Power)
$78,120
Adjusted for COL (100)
The average annual salary of $78,120 in Louisville/Jefferson County aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national average, indicating that while the nominal pay is lower than the national average, the cost of living does not necessitate a higher salary to maintain a comparable lifestyle.
Job Market Context
1,370
Total Jobs
1.999
Per 1K Jobs
0.77
Location Quotient
Louisville/Jefferson County, KY-IN has 0.77x 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 0.77 for Compliance Officers in Louisville/Jefferson County suggests that the concentration of these roles is slightly below the national average. This implies that the job market is neither oversaturated nor exceptionally scarce; rather, it represents a balanced demand relative to the available workforce, making it a potentially stable environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Compliance Officers Salary | $71,100↓ 9% | 39 mi |
| Columbus, IN Compliance Officers Salary | $73,060↓ 6% | 67 mi |
| Central Kentucky nonmetropolitan area Compliance Officers Salary | $62,390↓ 20% | 72 mi |
| South Central Kentucky nonmetropolitan area Compliance Officers Salary | $60,830↓ 22% | 72 mi |
| West Kentucky nonmetropolitan area Compliance Officers Salary | $59,930↓ 23% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Compliance Officers in Louisville/Jefferson County, KY-IN is $78,120. This typically ranges from $45,960 for entry-level positions to $115,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 8.7% lower than the national median of $85,520.
Is Louisville/Jefferson County, KY-IN a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.While the average salary of $78,120 is solid, it falls below the national average of $85,520. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Louisville/Jefferson County, KY-IN a good place to live for Compliance Officers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($71,100) and Columbus, IN.
How does the Louisville Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Louisville/Jefferson County, KY-IN is $78,120, which is approximately 8.6% lower than the national average of $85,520.
What is the Cost of Living in Louisville/Jefferson County, KY-IN for Compliance Officers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is exactly the national average. This means your salary has the same purchasing power as it would nationally.
How concentrated is the Compliance Officer job market in Louisville/Jefferson County, KY-IN?
The job market is slightly less concentrated than the national average, with a Location Quotient of 0.77, indicating fewer Compliance Officers per capita compared to the rest of the country.
What is the total number of Compliance Officers in Louisville/Jefferson County, KY-IN?
There are approximately 1,370 Compliance Officers employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,370 employees in the Louisville/Jefferson County, KY-IN area with a job density of 1.999 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 Louisville/Jefferson County, KY-IN