Average Compliance Officers Salary in Manchester-Nashua, NH
Compliance Officers in the Manchester-Nashua, NH area earn an average annual salary of $88,650, which is notably higher than the national average of $85,520. This localized premium can often be attributed to specific industry demands, regional economic factors, and the specialized skill sets required for compliance roles within the area's business landscape.
Executive Summary
- Average Salary: $88,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,700.
- Outlook: The Manchester-Nashua, NH market supports a local workforce of 340 Compliance Officers. With a Location Quotient of 0.66, the concentration of these roles is below the national average, suggesting a potentially less saturated but still present demand for these professionals within the region.
Salary Overview
The average Compliance Officers in Manchester-Nashua, NH earns+3.7%above the national average.
$42.6
$1,705
$7,388
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Compliance Officers across the United States, including in markets like Manchester-Nashua, NH, have experienced consistent growth over the past four years. This upward trend is typically driven by increasing regulatory complexity and the growing importance of robust compliance functions within organizations.
Compliance Officers Salary Distribution in Manchester-Nashua, NH
Salary progression for Compliance Officers typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and proven track records can command salaries in the upper percentiles. The gap between these percentile ranges signifies substantial career growth opportunities and increased earning potential as one advances.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,840 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,488 | $32 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,950 | $39.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,813 | $53.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,700 | $64.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$88,650
Gross Pay
Real Wage (Purchasing Power)
$88,650
Adjusted for COL (100)
The average annual salary of $88,650 in Manchester-Nashua, NH aligns perfectly with the national average Cost of Living Index of 100. This indicates that the nominal salary offers a purchasing power equivalent to the national average, meaning that the higher local earnings are balanced by the cost of living in the area.
Job Market Context
340
Total Jobs
1.69
Per 1K Jobs
0.66
Location Quotient
Manchester-Nashua, NH has 0.66x 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 0.66 for Compliance Officers in Manchester-Nashua, NH suggests that the profession is less concentrated here compared to the national average. This could imply fewer job openings relative to the national landscape, but it also might mean less competition for skilled professionals seeking opportunities in this specific metropolitan area.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Compliance Officers Salary | $81,290↓ 8% | 33 mi |
| Northern New Hampshire nonmetropolitan area Compliance Officers Salary | $91,430↑ 3% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Compliance Officers Salary | $72,160↓ 19% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Compliance Officers Salary | $98,760↑ 11% | 50 mi |
| Massachusetts nonmetropolitan area Compliance Officers Salary | $88,960↑ 0% | 52 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Manchester-Nashua, NH?
The median annual salary for a Compliance Officers in Manchester-Nashua, NH is $88,650. This typically ranges from $49,840 for entry-level positions to $133,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 3.7% higher than the national median of $85,520.
Is Manchester-Nashua, NH a lucrative place for Compliance Officers?
Yes, it offers competitive compensation.Compliance Officers in Manchester-Nashua, NH earn an average of $88,650, exceeding the national average. Coupled with a Cost of Living Index at the national average, this salary provides strong purchasing power locally.
Is Manchester-Nashua, NH a good place to live for Compliance Officers?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($81,290) and Northern New Hampshire nonmetropolitan area.
How does the Manchester-Nashua, NH salary compare to the national average?
The average salary for Compliance Officers in Manchester-Nashua, NH is $88,650, which is higher than the national average of $85,520.
What is the concentration of Compliance Officers in Manchester-Nashua, NH?
The concentration, measured by the Location Quotient, is 0.66, indicating that the density of Compliance Officers is lower than the national average.
How does the Cost of Living in Manchester-Nashua, NH affect salary perception?
With a Cost of Living Index of 100, Manchester-Nashua, NH is at the national average. This means the $88,650 salary has purchasing power equivalent to the national average.
What does a Location Quotient below 1.0 signify for Compliance Officers in this area?
A Location Quotient of 0.66 suggests that while the profession exists, it is less prevalent than the national average, potentially indicating a niche market or fewer overall opportunities compared to more concentrated regions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Manchester-Nashua, NH area with a job density of 1.69 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 Manchester-Nashua, NH