Average Compliance Officers Salary in North Port-Bradenton-Sarasota, FL
Compliance Officers in the North Port-Bradenton-Sarasota, FL area earn an average annual salary of $71,420. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $71,420 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,880.
- Outlook: With a local workforce of approximately 500 Compliance Officers, the job market in North Port-Bradenton-Sarasota, FL, appears to be moderately sized. The Location Quotient of 0.58 indicates that this profession is less concentrated here compared to the national average, suggesting a potentially stable but not overly saturated demand for these roles.
Salary Overview
The average Compliance Officers in North Port-Bradenton-Sarasota, FL earns-16.5%below the national average.
$34.3
$1,373
$5,952
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compliance Officers across the United States, including the North Port-Bradenton-Sarasota, FL area, have experienced steady growth over the past four years. This trend is typically driven by increasing regulatory complexity and a greater emphasis on corporate compliance, leading to upward pressure on wages.
Compliance Officers Salary Distribution in North Port-Bradenton-Sarasota, FL
Salary progression for Compliance Officers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, with their increased responsibilities and specialized knowledge, command significantly higher compensation. The percentile gaps in salary distribution reflect this career ladder, with experienced professionals occupying the higher earning brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,000 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,565 | $25.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,230 | $29.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,275 | $42.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,880 | $55.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$71,420
Gross Pay
Real Wage (Purchasing Power)
$71,420
Adjusted for COL (100)
The average nominal salary of $71,420 in North Port-Bradenton-Sarasota, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to that of a Compliance Officer earning the national average salary in a region with a national average cost of living.
Job Market Context
500
Total Jobs
1.506
Per 1K Jobs
0.58
Location Quotient
North Port-Bradenton-Sarasota, FL has 0.58x 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.
The Location Quotient (LQ) of 0.58 for Compliance Officers in North Port-Bradenton-Sarasota, FL, signifies that the concentration of these professionals in the region is about 42% lower than the national average. This suggests that while the profession is present, it is not a dominant industry, potentially offering a less competitive environment for job seekers compared to more concentrated national hubs.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Punta Gorda, FL Compliance Officers Salary | $71,890↑ 1% | 14 mi |
| Cape Coral-Fort Myers, FL Compliance Officers Salary | $77,180↑ 8% | 31 mi |
| Sebring, FL Compliance Officers Salary | $62,910↓ 12% | 54 mi |
| North Florida nonmetropolitan area Compliance Officers Salary | $60,570↓ 15% | 58 mi |
| South Florida nonmetropolitan area Compliance Officers Salary | $80,130↑ 12% | 58 mi |
Comparing salaries near North Port-Bradenton-Sarasota, FL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in North Port-Bradenton-Sarasota, FL?
The median annual salary for a Compliance Officers in North Port-Bradenton-Sarasota, FL is $71,420. This typically ranges from $41,000 for entry-level positions to $115,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Port-Bradenton-Sarasota, FL is 16.5% lower than the national median of $85,520.
Is North Port-Bradenton-Sarasota, FL a lucrative place for Compliance Officers?
No, it is not currently a lucrative place for Compliance Officers compared to the national average.The average salary of $71,420 is significantly lower than the national average of $85,520, despite a cost of living that is on par with the national average.
Is North Port-Bradenton-Sarasota, FL a good place to live for Compliance Officers?
The Cost of Living Index in North Port-Bradenton-Sarasota, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Port-Bradenton-Sarasota, FL?
Some top paying nearby cities include Punta Gorda, FL ($71,890) and Cape Coral-Fort Myers, FL.
How does the local salary compare to the national average?
Compliance Officers in North Port-Bradenton-Sarasota, FL, earn an average of $71,420 annually, which is below the national average of $85,520.
What is the Cost of Living in North Port-Bradenton-Sarasota, FL?
The Cost of Living Index in North Port-Bradenton-Sarasota, FL, is 100, which is exactly the national average. This means the cost of goods and services is comparable to the rest of the country.
How concentrated is the Compliance Officer job market in this area?
The job market for Compliance Officers is less concentrated in North Port-Bradenton-Sarasota, FL, with a Location Quotient of 0.58, indicating fewer professionals relative to the national average.
How many Compliance Officers are there in North Port-Bradenton-Sarasota, FL?
There are approximately 500 Compliance Officers employed within the North Port-Bradenton-Sarasota, FL area, representing 1.506 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the North Port-Bradenton-Sarasota, FL area with a job density of 1.506 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 North Port-Bradenton-Sarasota, FL