Average Compliance Officers Salary in Madison, WI
Compliance Officers in Madison, WI, earn an average annual salary of $80,300. This figure is slightly below the national average of $85,520, suggesting a localized compensation structure influenced by regional economic factors and demand within the state capital. While not reaching the national benchmark, this salary reflects the specific needs and economic landscape of the Madison area for compliance professionals.
Executive Summary
- Average Salary: $80,300 per year.
- Growth Trend: Salaries have shifted 19.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,850.
- Outlook: Madison, WI, supports a local workforce of 1,200 Compliance Officers, indicating a stable presence in the job market. The location quotient of 1.15 suggests that this role is slightly more concentrated in Madison than the national average, implying a steady, if not rapidly expanding, demand for these professionals within the region.
Salary Overview
The average Compliance Officers in Madison, WI earns-6.1%below the national average.
$38.6
$1,544
$6,692
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Madison, WI, have experienced moderate growth over the past four years, mirroring national trends. This growth is typically driven by increasing regulatory complexity, evolving industry standards, and a consistent need for skilled professionals to ensure adherence to legal and ethical guidelines.
Compliance Officers Salary Distribution in Madison, WI
Salary progression for Compliance Officers in Madison, WI, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized knowledge can command salaries in the higher percentiles. The gap between these salary ranges signifies clear career advancement opportunities and the value placed on accumulated experience and demonstrated competence in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,790 | $26.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,225 | $29 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,780 | $36.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,375 | $48.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $112,850 | $54.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$80,300
Gross Pay
Real Wage (Purchasing Power)
$80,300
Adjusted for COL (100)
The average annual salary of $80,300 in Madison, WI, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in Madison is equivalent to that of the average American, making it a financially stable location for professionals in this role.
Job Market Context
1,200
Total Jobs
2.955
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Madison, WI has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
With a location quotient of 1.15, Madison, WI, exhibits a slightly higher concentration of Compliance Officers compared to the national average. This indicates a moderately competitive market where demand is present and perhaps slightly outpaces the national average, suggesting good opportunities for skilled individuals but also a need for professionals to differentiate themselves.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Compliance Officers Salary | $82,530↑ 3% | 33 mi |
| Rockford, IL Compliance Officers Salary | $68,790↓ 14% | 59 mi |
| Fond du Lac, WI Compliance Officers Salary | $80,790↑ 1% | 68 mi |
| Milwaukee-Waukesha, WI Compliance Officers Salary | $85,460↑ 6% | 72 mi |
| Oshkosh-Neenah, WI Compliance Officers Salary | $80,880↑ 1% | 77 mi |
Comparing salaries near Madison, WI
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Madison, WI?
The median annual salary for a Compliance Officers in Madison, WI is $80,300. This typically ranges from $54,790 for entry-level positions to $112,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 6.1% lower than the national median of $85,520.
Is Madison, WI a lucrative place for Compliance Officers?
Yes, Madison, WI offers a financially stable environment for Compliance Officers.The average salary of $80,300 is precisely aligned with the national average cost of living, ensuring strong purchasing power. Furthermore, the slightly above-average concentration of these roles suggests consistent demand within the local job market.
Is Madison, WI a good place to live for Compliance Officers?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($82,530) and Rockford, IL.
How does Madison's Compliance Officer salary compare to the national average?
Compliance Officers in Madison, WI, earn an average of $80,300 annually, which is approximately $5,220 less than the national average of $85,520.
What is the concentration of Compliance Officers in Madison, WI?
Madison, WI has a location quotient of 1.15 for Compliance Officers, meaning the profession is 15% more concentrated there than the national average.
What is the cost of living in Madison, WI for Compliance Officers?
The cost of living in Madison, WI, is exactly at the national average, indicated by an index of 100, making the $80,300 salary equivalent in purchasing power to the national average.
How many Compliance Officers are there in Madison, WI?
There are approximately 1,200 Compliance Officers employed in Madison, WI, representing 2.955 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,200 employees in the Madison, WI area with a job density of 2.955 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 Madison, WI