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Average Compliance Officers Salary in Morristown, TN

The average salary for Compliance Officerss in Morristown, TN is $58,440. While this is lower than the national average, the cost of living in Morristown, TN may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $58,440 per year.
  • Growth Trend: Salaries have shifted 4.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,940.
  • Outlook: The current demand for Compliance Officerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Morristown, TN economy.
2024 Market Data

Salary Overview

$58,440

The average Compliance Officers in Morristown, TN earns-31.7%below the national average.

BreakdownBased on 40h/week
Hourly

$28.1

Weekly

$1,124

Monthly

$4,870

Compliance Officers Salary Distribution in Morristown, TN

The earning potential for Compliance Officerss in Morristown, TN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $37,390, while highly experienced professionals can command wages upwards of $75,940.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,390$18
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,830$21.1
ManagerOversees team, compliance, and project delivery.50% (Median)$55,270$26.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,050$35.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$75,940$36.5

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$58,440

Gross Pay

Real Wage (Purchasing Power)

$58,440

Adjusted for COL (100)

In Morristown, TN, the Cost of Living Index is 100. This increases your effective purchasing power from $58,440 to $58,440.

Job Market Context

60

Total Jobs

1.16

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Morristown, TN has a notably lower concentration of Compliance Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Compliance Officers in Morristown, TN.

1.16 out of every 1,000 local jobs are Compliance Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Morristown, TN

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Morristown, TN?

The median annual salary for a Compliance Officers in Morristown, TN is $58,440. This typically ranges from $37,390 for entry-level positions to $75,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Morristown, TN is 31.7% lower than the national median of $85,520.

Is Morristown, TN a good place for Compliance Officerss?

It depends on your priorities. While the average Compliance Officers salary in Morristown, TN is $58,440 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Morristown, TN. See distinct detailed breakdown below.

Is Morristown, TN a good place to live for Compliance Officers?

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

Where are the highest paying cities near Morristown, TN?

Some top paying nearby cities include Knoxville, TN ($74,280) and Kingsport-Bristol, TN-VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Morristown, TN area with a job density of 1.16 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.