Average Compliance Officers Salary in Milwaukee-Waukesha, WI
Compliance Officers in Milwaukee-Waukesha, WI, earn an average annual salary of $85,460. This figure is remarkably close to the national average of $85,520, indicating that local market dynamics and demand for regulatory expertise are closely aligned with broader industry trends. Factors such as the specific industry mix within the region and the overall economic health contribute to this compensation level.
Executive Summary
- Average Salary: $85,460 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,460.
- Outlook: The Milwaukee-Waukesha area supports a local workforce of 1,490 Compliance Officers. With a Location Quotient of 0.7, the concentration of these roles is slightly below the national average, suggesting a stable but not overly saturated market. The presence of nearly 1,500 professionals in this field points to a consistent need for compliance expertise within the region's diverse economic landscape.
Salary Overview
The average Compliance Officers in Milwaukee-Waukesha, WI earns-0.1%below the national average.
$41.1
$1,643
$7,122
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Milwaukee-Waukesha is not provided, it is generally observed that salaries for Compliance Officers nationwide have seen steady growth over the past four years, driven by increasing regulatory complexity and a heightened focus on corporate governance. This upward trend is likely mirrored in the Milwaukee-Waukesha market, reflecting the evolving demands placed upon compliance professionals.
Compliance Officers Salary Distribution in Milwaukee-Waukesha, WI
The career trajectory for Compliance Officers typically involves significant salary progression based on experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized knowledge can command salaries well above the average. The percentile gaps in compensation clearly signify the value placed on accumulated experience and demonstrated success in navigating complex compliance landscapes.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,370 | $27.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,095 | $30.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,070 | $38.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $106,825 | $51.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,460 | $59.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$85,460
Gross Pay
Real Wage (Purchasing Power)
$85,460
Adjusted for COL (100)
For individuals considering a move to Milwaukee-Waukesha, the average Compliance Officer salary of $85,460 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in this area is equivalent to the national average, offering a stable financial outlook without the immediate pressure of higher or lower living expenses compared to the rest of the country.
Job Market Context
1,490
Total Jobs
1.816
Per 1K Jobs
0.7
Location Quotient
Milwaukee-Waukesha, WI has 0.70x 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 0.7 for Compliance Officers in Milwaukee-Waukesha indicates that the region employs fewer of these professionals per worker than the national average. This suggests that while the job market is stable and offers opportunities, it may not be as intensely competitive as areas with higher concentration, potentially providing a more balanced environment for job seekers or those looking to establish their careers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Racine-Mount Pleasant, WI Compliance Officers Salary | $79,030↓ 8% | 25 mi |
| Kenosha, WI Compliance Officers Salary | $82,190↓ 4% | 33 mi |
| Sheboygan, WI Compliance Officers Salary | $85,020↓ 1% | 48 mi |
| Fond du Lac, WI Compliance Officers Salary | $80,790↓ 5% | 54 mi |
| Janesville-Beloit, WI Compliance Officers Salary | $82,530↓ 3% | 59 mi |
Comparing salaries near Milwaukee-Waukesha, WI
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Milwaukee-Waukesha, WI?
The median annual salary for a Compliance Officers in Milwaukee-Waukesha, WI is $85,460. This typically ranges from $56,370 for entry-level positions to $124,460 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Milwaukee-Waukesha, WI is 0.1% lower than the national median of $85,520.
Is Milwaukee-Waukesha, WI a lucrative place for Compliance Officers?
Yes, it offers competitive compensation.The average salary of $85,460 is on par with the national average, and the cost of living is also at the national average, making it a financially stable location for compliance professionals.
Is Milwaukee-Waukesha, WI a good place to live for Compliance Officers?
The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Milwaukee-Waukesha, WI?
Some top paying nearby cities include Racine-Mount Pleasant, WI ($79,030) and Kenosha, WI.
How does the number of Compliance Officers in Milwaukee-Waukesha compare nationally?
Milwaukee-Waukesha has a local workforce of 1,490 Compliance Officers, with 1.816 jobs per 1,000 workers, which is slightly below the national concentration indicated by a Location Quotient of 0.7.
What is the significance of the Location Quotient (LQ) for Compliance Officers in Milwaukee?
An LQ of 0.7 means that Compliance Officers are less concentrated in Milwaukee-Waukesha compared to the national average. This suggests a steady demand without an oversupply of professionals in the local market.
How does the cost of living affect the Compliance Officer salary in Milwaukee-Waukesha?
With a Cost of Living Index of 100, the national average, the $85,460 salary in Milwaukee-Waukesha provides purchasing power equivalent to the national average, indicating a balanced economic environment.
What does the job market look like for Compliance Officers in this region?
The market is stable, with a solid workforce size and a concentration slightly below the national average, indicating consistent opportunities for skilled Compliance Officers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,490 employees in the Milwaukee-Waukesha, WI area with a job density of 1.816 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 Milwaukee-Waukesha, WI