SalaryNode

Average Compliance Officers Salary in Midland, TX

Compliance Officers in Midland, TX, earn an impressive average annual salary of $90,150, surpassing the national average of $85,520. This elevated compensation is likely influenced by the specific industry demands and economic landscape of the Midland region, which often requires specialized expertise in regulatory adherence.

Executive Summary

  • Average Salary: $90,150 per year.
  • Growth Trend: Salaries have shifted 19.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,350.
  • Outlook: With a local workforce of 290 Compliance Officers and a Location Quotient of 0.94, the job market in Midland, TX, indicates a stable, albeit not exceptionally concentrated, demand for these professionals. The presence of 2.424 jobs per 1,000 workers suggests a consistent need for compliance expertise within the local economy.
2024 Market Data

Salary Overview

$90,150

The average Compliance Officers in Midland, TX earns+5.4%above the national average.

BreakdownBased on 40h/week
Hourly

$43.3

Weekly

$1,734

Monthly

$7,513

Compliance Officers Salary Distribution in Midland, TX

Career progression for Compliance Officers in Midland, TX, significantly impacts earning potential. Entry-level positions might start closer to the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The percentile gaps in compensation clearly signify the value placed on accumulated knowledge and demonstrated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,270$24.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,613$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$81,700$39.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,688$54.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,350$64.6

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$90,150

Gross Pay

Real Wage (Purchasing Power)

$90,150

Adjusted for COL (100)

The nominal average salary of $90,150 in Midland, TX, is particularly advantageous given the local Cost of Living Index stands precisely at the national average of 100. This means that the purchasing power of a Compliance Officer's salary in Midland is equivalent to the national average, allowing for a comfortable standard of living without the added financial strain of a higher cost of living.

Job Market Context

290

Total Jobs

2.424

Per 1K Jobs

0.94

Location Quotient

Below Average

Midland, TX has 0.94x 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 0.94 suggests that the concentration of Compliance Officers in Midland, TX, is slightly below the national average. This indicates that while the profession is present and necessary, the market is not oversaturated, potentially offering a competitive environment for skilled individuals seeking employment or career advancement.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Odessa, TX Compliance Officers Salary$72,620↓ 19%17 mi

Comparing salaries near Midland, TX

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Midland, TX?

The median annual salary for a Compliance Officers in Midland, TX is $90,150. This typically ranges from $50,270 for entry-level positions to $134,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Midland, TX is 5.4% higher than the national median of $85,520.

Is Midland, TX a lucrative place for Compliance Officers?

Yes, Midland, TX offers a lucrative environment for Compliance Officers.The average salary of $90,150 is higher than the national average, and the cost of living is on par with the national average, enhancing earning potential.

Is Midland, TX a good place to live for Compliance Officers?

The Cost of Living Index in Midland, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Midland, TX?

Some top paying nearby cities include Odessa, TX ($72,620) and others.

How does the Midland Compliance Officer salary compare to the national average?

Compliance Officers in Midland, TX, earn an average of $90,150 annually, which is approximately $4,630 more than the national average of $85,520.

What is the Cost of Living in Midland, TX for Compliance Officers?

The Cost of Living Index in Midland, TX is 100, which is exactly the national average, meaning your salary has the same purchasing power as it would nationally.

How concentrated is the Compliance Officer job market in Midland, TX?

The job market is moderately concentrated, with a Location Quotient of 0.94, indicating a presence slightly below the national average concentration.

What is the total number of Compliance Officers in Midland, TX?

There are approximately 290 Compliance Officers employed in the Midland, TX area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Midland, TX area with a job density of 2.424 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Midland, TX