Average Compliance Officers Salary in Northeast Maine nonmetropolitan area
Compliance Officers in Northeast Maine nonmetropolitan area earn an impressive average annual salary of $87,650, which is notably higher than the national average of $85,520. This premium in compensation is often dictated by the specialized nature of compliance roles and the specific economic drivers within this region, which may include a concentration of certain industries requiring stringent regulatory oversight.
Executive Summary
- Average Salary: $87,650 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,240.
- Outlook: The job market for Compliance Officers in Northeast Maine nonmetropolitan area appears robust, supported by a local workforce of 330 professionals. The high Location Quotient of 2.04 indicates a significant concentration of these roles relative to the national average, suggesting a sustained demand that outpaces national trends for this specialized profession.
Salary Overview
The average Compliance Officers in Northeast Maine nonmetropolitan area earns+2.5%above the national average.
$42.1
$1,686
$7,304
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Northeast Maine nonmetropolitan area have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing regulatory complexity and the ongoing need for skilled compliance professionals likely contribute to this upward salary trajectory.
Compliance Officers Salary Distribution in Northeast Maine nonmetropolitan area
Career progression for Compliance Officers typically involves a significant salary increase from entry-level to senior positions. The gap between starting salaries and those earned by seasoned professionals often widens considerably, reflecting the accumulation of expertise, responsibility, 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) | $48,960 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,738 | $31.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,640 | $46 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,563 | $52.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,240 | $51.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$87,650
Gross Pay
Real Wage (Purchasing Power)
$87,650
Adjusted for COL (100)
With an average annual salary of $87,650 and a Cost of Living Index at the national average of 100, Compliance Officers in Northeast Maine nonmetropolitan area can expect their nominal earnings to translate directly into purchasing power. This means the salary offers a comfortable standard of living relative to the rest of the country.
Job Market Context
330
Total Jobs
5.268
Per 1K Jobs
2.04
Location Quotient
Northeast Maine nonmetropolitan area has 2.0x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.04 for Compliance Officers in Northeast Maine nonmetropolitan area signifies a market where these professionals are more than twice as concentrated as the national average. This suggests a highly specialized and potentially competitive job market, where employers may offer higher compensation to attract and retain talent in this concentrated field.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Bangor, ME Compliance Officers Salary | $89,050↑ 2% | 31 mi |
| Lewiston-Auburn, ME Compliance Officers Salary | $69,780↓ 20% | 57 mi |
| Portland-South Portland, ME Compliance Officers Salary | $91,250↑ 4% | 83 mi |
Comparing salaries near Northeast Maine nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Northeast Maine nonmetropolitan area?
The median annual salary for a Compliance Officers in Northeast Maine nonmetropolitan area is $87,650. This typically ranges from $48,960 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 Northeast Maine nonmetropolitan area is 2.5% higher than the national median of $85,520.
Is Northeast Maine nonmetropolitan area a lucrative place for Compliance Officerss?
Yes, it is a lucrative area for Compliance Officers.Compliance Officers in this region earn above the national average salary, and the cost of living is on par with the national average, indicating strong earning potential.
Is Northeast Maine nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Northeast Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northeast Maine nonmetropolitan area?
Some top paying nearby cities include Bangor, ME ($89,050) and Lewiston-Auburn, ME.
How does the local workforce size impact the job market for Compliance Officers?
A local workforce of 330 Compliance Officers suggests a stable, established presence of these roles within the region, indicating consistent demand and opportunities for professionals.
What does a Location Quotient of 2.04 mean for Compliance Officers in Northeast Maine?
A Location Quotient of 2.04 means that Compliance Officers are more than twice as concentrated in Northeast Maine nonmetropolitan area compared to the national average, indicating a specialized and potentially high-demand market.
How does the Cost of Living Index of 100 affect the value of a Compliance Officer's salary?
A Cost of Living Index of 100 means the local expenses are average nationally, so the $87,650 salary offers average purchasing power, making it a fair reflection of the local economic conditions.
Are there many job openings for Compliance Officers in this area?
With 5.268 jobs per 1,000 workers and a high Location Quotient, the data suggests a healthy number of openings relative to the workforce size, indicating good job prospects.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Northeast Maine nonmetropolitan area area with a job density of 5.268 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 Northeast Maine nonmetropolitan area