Average Compliance Officers Salary in Mid Michigan nonmetropolitan area
Compliance Officers in Mid Michigan's nonmetropolitan areas can expect an average annual salary of $67,650. This figure is notably lower than the national average of $85,520, reflecting the economic dynamics and potentially lower demand for specialized roles in less densely populated regions. The specific pay scale in this area is influenced by local industry needs and the overall economic landscape.
Executive Summary
- Average Salary: $67,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,240.
- Outlook: The job market for Compliance Officers in Mid Michigan's nonmetropolitan areas appears to be moderately concentrated, with a Location Quotient of 0.51, indicating fewer professionals per capita compared to the national average. The total local workforce of 200 suggests a smaller, potentially niche market. While the number of jobs per 1,000 workers (1.309) is modest, this concentration level might imply less competition for available roles, offering stability for those already established in the field.
Salary Overview
The average Compliance Officers in Mid Michigan nonmetropolitan area earns-20.9%below the national average.
$32.5
$1,301
$5,638
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Mid Michigan's nonmetropolitan areas is not provided, it is reasonable to assume that salaries for Compliance Officers have seen a gradual upward trend over the past four years, mirroring national patterns. Economic shifts, evolving regulatory landscapes, and increased emphasis on compliance across industries typically drive modest salary growth, even in nonmetropolitan settings, as organizations strive to attract and retain qualified talent.
Compliance Officers Salary Distribution in Mid Michigan nonmetropolitan area
Career progression for Compliance Officers in Mid Michigan nonmetropolitan areas typically correlates with increased salary. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command significantly higher salaries, potentially reaching into the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on expertise and demonstrated success in navigating complex compliance requirements.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,100 | $20.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,738 | $24.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,010 | $30.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,563 | $40.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $93,240 | $44.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$67,650
Gross Pay
Real Wage (Purchasing Power)
$67,650
Adjusted for COL (100)
The nominal average annual salary of $67,650 in Mid Michigan's nonmetropolitan areas 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. While the salary is lower than the national average, the cost of living being on par suggests that the take-home pay offers a comparable standard of living to many other areas.
Job Market Context
200
Total Jobs
1.309
Per 1K Jobs
0.51
Location Quotient
Mid Michigan nonmetropolitan area has 0.51x 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.
With a Location Quotient of 0.51, the market for Compliance Officers in Mid Michigan's nonmetropolitan areas is less concentrated than the national average. This suggests that the demand for these professionals, relative to their presence in the general workforce, is lower. Consequently, the job market may be less competitive, but also potentially offers fewer opportunities compared to more densely populated or industrially diverse regions.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Midland, MI Compliance Officers Salary | $78,900↑ 17% | 26 mi |
| Saginaw, MI Compliance Officers Salary | $63,920↓ 6% | 30 mi |
| Bay City, MI Compliance Officers Salary | $64,850↓ 4% | 37 mi |
| Lansing-East Lansing, MI Compliance Officers Salary | $76,700↑ 13% | 42 mi |
| Flint, MI Compliance Officers Salary | $67,950↑ 0% | 47 mi |
Comparing salaries near Mid Michigan nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Mid Michigan nonmetropolitan area?
The median annual salary for a Compliance Officers in Mid Michigan nonmetropolitan area is $67,650. This typically ranges from $42,100 for entry-level positions to $93,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Mid Michigan nonmetropolitan area is 20.9% lower than the national median of $85,520.
Is Mid Michigan nonmetropolitan area a lucrative place for Compliance Officers?
No, not compared to the national average.The average salary of $67,650 is significantly below the national average of $85,520, although the cost of living is on par with the national average.
Is Mid Michigan nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Mid Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Mid Michigan nonmetropolitan area?
Some top paying nearby cities include Midland, MI ($78,900) and Saginaw, MI.
How does the local workforce size affect Compliance Officer jobs in Mid Michigan?
The total local workforce of 200 suggests a smaller, potentially niche market for Compliance Officers, which can influence job availability and competition.
What does a Location Quotient of 0.51 mean for Compliance Officers in Mid Michigan?
A Location Quotient of 0.51 indicates that Compliance Officers are less concentrated in this region compared to the national average, suggesting fewer professionals per capita.
How does the Cost of Living Index impact the $67,650 salary?
With a Cost of Living Index of 100, the $67,650 salary offers purchasing power equivalent to the national average, despite being lower than the national salary benchmark.
Are there many Compliance Officer jobs per 1,000 workers in Mid Michigan?
There are 1.309 jobs per 1,000 workers, which is a modest figure indicating a steady but not exceptionally high demand for Compliance Officers in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Mid Michigan nonmetropolitan area area with a job density of 1.309 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 Mid Michigan nonmetropolitan area