Average Compliance Officers Salary in Missouri
Compliance Officers in Missouri earn an average annual salary of $71,770, which is below the national average of $85,520. This difference in compensation is often influenced by regional economic factors, the specific industry concentration within the state, and the overall demand for compliance professionals in Missouri's unique market landscape.
Executive Summary
- Average Salary: $71,770 per year.
- Growth Trend: Salaries have shifted 4.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,420.
- Outlook: With a local workforce of approximately 7,000 Compliance Officers, Missouri presents a stable, albeit slightly below national average, job market for this profession. The Location Quotient of 0.93 suggests that the concentration of these roles in Missouri is nearly on par with the national average, indicating a steady demand that aligns with the size of the existing workforce.
Salary Overview
The average Compliance Officers in Missouri earns-16.1%below the national average.
$34.5
$1,380
$5,981
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Missouri's Compliance Officer salaries over the past four years is not provided, it is generally assumed that, similar to national trends, salaries in this field have experienced a gradual upward trajectory. This growth is typically driven by increasing regulatory complexity and the ongoing need for skilled professionals to ensure adherence to evolving compliance standards.
Compliance Officers Salary Distribution in Missouri
Career progression for Compliance Officers in Missouri typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command salaries substantially higher than the average. The widening gap between entry-level and senior-level salaries reflects the value placed on expertise and years of dedicated service in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,480 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,828 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,960 | $31.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,713 | $43.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,420 | $55 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$71,770
Gross Pay
Real Wage (Purchasing Power)
$81,188
Adjusted for COL (88.4)
The nominal average salary of $71,770 in Missouri offers a favorable purchasing power due to the state's Cost of Living Index of 88.4, which is notably below the national average of 100. This means that the earned income in Missouri can potentially cover more expenses and provide a higher standard of living compared to areas with a higher cost of living, even with a lower nominal salary.
Job Market Context
7,000
Total Jobs
2.4
Per 1K Jobs
0.93
Location Quotient
Missouri has 0.93x 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 0.93 for Compliance Officers in Missouri indicates that the state has a concentration of these roles that is very close to the national average. This suggests a balanced job market where the number of available positions is relatively proportional to the number of professionals in the field, implying a competitive yet accessible environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Compliance Officers Salary | $50,560↓ 30% | 10 mi |
| Columbia, MO Compliance Officers Salary | $71,330↓ 1% | 34 mi |
Comparing salaries near Missouri
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Missouri?
The median annual salary for a Compliance Officers in Missouri is $71,770. This typically ranges from $41,480 for entry-level positions to $114,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Missouri is 16.1% lower than the national median of $85,520.
Is Missouri a lucrative place for Compliance Officers?
No, not compared to the national average.While Missouri offers a competitive salary of $71,770, it falls below the national average of $85,520. However, the lower cost of living can partially offset this difference in purchasing power.
Is Missouri a good place to live for Compliance Officers?
With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Missouri?
Some top paying nearby cities include Jefferson City, MO ($50,560) and Columbia, MO.
How does Missouri's Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Missouri is $71,770, which is approximately $13,750 less than the national average of $85,520.
What is the concentration of Compliance Officers in Missouri?
Missouri has a Location Quotient of 0.93 for Compliance Officers, meaning the concentration of these jobs is slightly below the national average.
How does the cost of living in Missouri affect salary perception?
With a Cost of Living Index of 88.4, Missouri is more affordable than the national average. This lower cost of living means that the $71,770 salary can provide a comparable or even better standard of living than a higher salary in a more expensive state.
What is the total workforce of Compliance Officers in Missouri?
There are approximately 7,000 Compliance Officers employed within the state of Missouri.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,000 employees in the Missouri area with a job density of 2.4 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 Missouri