Average Compliance Officers Salary in Northwest Iowa nonmetropolitan area
Compliance Officers in Northwest Iowa nonmetropolitan area earn an average annual salary of $68,080. This figure is notably below the national average of $85,520, reflecting regional economic factors and potentially a lower demand for specialized compliance roles compared to larger metropolitan hubs. The specific economic landscape and industry concentration within Northwest Iowa directly influence compensation levels for these critical positions.
Executive Summary
- Average Salary: $68,080 per year.
- Growth Trend: Salaries have shifted 4.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,570.
- Outlook: The compliance officer job market in Northwest Iowa is characterized by a relatively small workforce of 220 professionals. The low jobs per 1,000 workers metric (1.528) and a Location Quotient of 0.59 suggest that compliance roles are less concentrated here than the national average. While this indicates a smaller, potentially less competitive market, it also implies a stable, albeit niche, demand for these professionals within the local economy.
Salary Overview
The average Compliance Officers in Northwest Iowa nonmetropolitan area earns-20.4%below the national average.
$32.7
$1,309
$5,673
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Northwest Iowa is not provided, it is reasonable to assume that salaries for Compliance Officers in nonmetropolitan areas have experienced gradual growth over the past four years, mirroring national trends. Economic development and increasing regulatory complexity often drive up demand and, consequently, compensation for compliance professionals, even in less populated regions.
Compliance Officers Salary Distribution in Northwest Iowa nonmetropolitan area
Salary progression for Compliance Officers typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and a proven track record can command substantially higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding those who develop specialized skills and take on greater responsibilities within the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,720 | $21.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,060 | $24.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,080 | $30.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,100 | $40.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $96,570 | $46.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$68,080
Gross Pay
Real Wage (Purchasing Power)
$68,080
Adjusted for COL (100)
The nominal average salary of $68,080 in Northwest Iowa aligns precisely with the national average cost of living index of 100. This means that while the take-home pay is lower than the national average for Compliance Officers, the purchasing power of that salary is equivalent to the national average. Therefore, relocating to this area for a compliance role offers a cost of living that is neither a significant advantage nor disadvantage in terms of real income.
Job Market Context
220
Total Jobs
1.528
Per 1K Jobs
0.59
Location Quotient
Northwest Iowa nonmetropolitan area has 0.59x 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.
With a Location Quotient of 0.59, Northwest Iowa nonmetropolitan area has a lower concentration of Compliance Officers compared to the national average. This suggests that the job market for these professionals is less saturated and potentially less competitive than in major urban centers. While this might indicate fewer job openings overall, it could also mean that skilled Compliance Officers may find a more direct path to employment and potentially greater leverage in negotiations.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Ames, IA Compliance Officers Salary | $77,110↑ 13% | 21 mi |
| Des Moines-West Des Moines, IA Compliance Officers Salary | $83,060↑ 22% | 37 mi |
| Waterloo-Cedar Falls, IA Compliance Officers Salary | $70,140↑ 3% | 55 mi |
| Cedar Rapids, IA Compliance Officers Salary | $72,410↑ 6% | 79 mi |
| Iowa City, IA Compliance Officers Salary | $72,570↑ 7% | 90 mi |
Comparing salaries near Northwest Iowa nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Northwest Iowa nonmetropolitan area?
The median annual salary for a Compliance Officers in Northwest Iowa nonmetropolitan area is $68,080. This typically ranges from $44,720 for entry-level positions to $96,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Iowa nonmetropolitan area is 20.4% lower than the national median of $85,520.
Is Northwest Iowa nonmetropolitan area a lucrative place for Compliance Officers?
No, it is not considered a highly lucrative place for Compliance Officers.The average salary of $68,080 is significantly lower than the national average, and the concentration of these roles is below the national benchmark.
Is Northwest Iowa nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Northwest Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Iowa nonmetropolitan area?
Some top paying nearby cities include Ames, IA ($77,110) and Des Moines-West Des Moines, IA.
How does the cost of living in Northwest Iowa compare to the national average?
The cost of living in Northwest Iowa is exactly at the national average, indicated by a Cost of Living Index of 100.
What is the total number of Compliance Officers in Northwest Iowa?
There are approximately 220 Compliance Officers employed in the Northwest Iowa nonmetropolitan area.
How does the concentration of Compliance Officers in Northwest Iowa compare nationally?
The concentration of Compliance Officers in Northwest Iowa is lower than the national average, with a Location Quotient of 0.59.
What does a Location Quotient of 0.59 signify for Compliance Officers in Northwest Iowa?
A Location Quotient of 0.59 indicates that Compliance Officers are less prevalent in Northwest Iowa compared to the national average, suggesting a less saturated job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Northwest Iowa nonmetropolitan area area with a job density of 1.528 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 Northwest Iowa nonmetropolitan area