Average Compliance Officers Salary in Montana
Compliance Officers in Montana earn an average annual salary of $74,470, which is below the national average of $85,520. This disparity can often be attributed to regional economic factors, industry concentration, and the specific demand for compliance expertise within the state's unique business landscape.
Executive Summary
- Average Salary: $74,470 per year.
- Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,240.
- Outlook: With a local workforce of 1,340 Compliance Officers and a Location Quotient of 1.02, Montana demonstrates a job market that is closely aligned with the national average in terms of concentration. This suggests a stable, albeit not rapidly expanding, demand for these professionals within the state.
Salary Overview
The average Compliance Officers in Montana earns-12.9%below the national average.
$35.8
$1,432
$6,206
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Montana have seen a gradual upward trend over the past four years, mirroring national patterns of salary growth driven by increasing regulatory complexity and the ongoing need for skilled professionals.
Compliance Officers Salary Distribution in Montana
Salary progression for Compliance Officers in Montana typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized knowledge and a proven track record can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,240 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,853 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,330 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,088 | $44.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,240 | $51.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$74,470
Gross Pay
Real Wage (Purchasing Power)
$69,663
Adjusted for COL (106.9)
The average annual salary of $74,470 in Montana, when compared to a Cost of Living Index of 106.9 (meaning it's 6.9% more expensive than the national average), indicates that the purchasing power of a Compliance Officer's salary may be slightly diminished compared to national averages. Careful budgeting is advised for those relocating.
Job Market Context
1,340
Total Jobs
2.621
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Montana has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
A Location Quotient of 1.02 suggests that Montana has a slightly higher concentration of Compliance Officers relative to the national average. This indicates a moderately competitive market, where demand is present but not overwhelmingly high, offering opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Great Falls, MT Compliance Officers Salary | $77,760↑ 4% | 56 mi |
| Helena, MT Compliance Officers Salary | $69,040↓ 7% | 77 mi |
| Bozeman, MT Compliance Officers Salary | $78,720↑ 6% | 90 mi |
Comparing salaries near Montana
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Montana?
The median annual salary for a Compliance Officers in Montana is $74,470. This typically ranges from $50,240 for entry-level positions to $107,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montana is 12.9% lower than the national median of $85,520.
Is Montana a lucrative place for Compliance Officers?
Moderately. While the salary is below the national average, the cost of living is also relatively close to the national average, making it a viable location.Compliance Officers in Montana earn $74,470 annually, which is less than the national average. However, with a cost of living index of 106.9, the state offers a reasonable balance between earnings and expenses.
Is Montana a good place to live for Compliance Officers?
The Cost of Living Index in Montana is 106.9. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montana?
Some top paying nearby cities include Great Falls, MT ($77,760) and Helena, MT.
How does Montana's Compliance Officer salary compare to the national average?
The average salary for Compliance Officers in Montana is $74,470, which is approximately $11,050 less than the national average of $85,520.
What is the concentration of Compliance Officers in Montana?
Montana has a Location Quotient of 1.02 for Compliance Officers, indicating a concentration that is very close to the national average.
How does the cost of living in Montana affect a Compliance Officer's salary?
With a Cost of Living Index of 106.9, Montana is slightly more expensive than the national average, meaning the $74,470 salary may have less purchasing power than the national average salary in a more affordable state.
What does the number of jobs per 1,000 workers signify for Compliance Officers in Montana?
The figure of 2.621 jobs per 1,000 workers suggests a steady presence of Compliance Officer roles within the state's overall employment landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,340 employees in the Montana area with a job density of 2.621 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 Montana