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Average Compliance Officers Salary in Northwest Oklahoma nonmetropolitan area

Compliance Officers in the Northwest Oklahoma nonmetropolitan area earn an average annual salary of $60,800. This figure is notably lower than the national average of $85,520, reflecting the economic dynamics and potentially lower demand for specialized roles in nonmetropolitan regions. The specific compensation structure in this area is influenced by local market conditions and the overall economic landscape.

Executive Summary

  • Average Salary: $60,800 per year.
  • Growth Trend: Salaries have shifted 1.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $91,190.
  • Outlook: The job market for Compliance Officers in Northwest Oklahoma is characterized by a modest workforce of 200 professionals. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 2.08 jobs per 1,000 workers indicates a consistent, albeit niche, employment landscape for compliance professionals in this region.
2024 Market Data

Salary Overview

$60,800

The average Compliance Officers in Northwest Oklahoma nonmetropolitan area earns-28.9%below the national average.

BreakdownBased on 40h/week
Hourly

$29.2

Weekly

$1,169

Monthly

$5,067

Compliance Officers Salary Distribution in Northwest Oklahoma nonmetropolitan area

Career progression for Compliance Officers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Compliance Officers, with extensive expertise and responsibilities, can command salaries substantially higher than the average. The percentile gaps in salary distribution clearly signify the rewards associated with accumulating years of experience and specialized knowledge in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,170$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,600$21.9
ManagerOversees team, compliance, and project delivery.50% (Median)$59,000$28.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$76,000$36.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$91,190$43.8

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$60,800

Gross Pay

Real Wage (Purchasing Power)

$60,800

Adjusted for COL (100)

The average annual salary of $60,800 for Compliance Officers in Northwest Oklahoma aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for residents without the premium often associated with higher cost-of-living areas.

Job Market Context

200

Total Jobs

2.08

Per 1K Jobs

0.81

Location Quotient

Below Average

Northwest Oklahoma nonmetropolitan area has 0.81x 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 0.81, the job market for Compliance Officers in Northwest Oklahoma is slightly less concentrated than the national average. This suggests that while the role is present and valued, it is not a primary hub for compliance professionals. The market is neither oversaturated nor exceptionally scarce, indicating a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Northwest Oklahoma nonmetropolitan area

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Northwest Oklahoma nonmetropolitan area?

The median annual salary for a Compliance Officers in Northwest Oklahoma nonmetropolitan area is $60,800. This typically ranges from $38,170 for entry-level positions to $91,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Oklahoma nonmetropolitan area is 28.9% lower than the national median of $85,520.

Is Northwest Oklahoma nonmetropolitan area a lucrative place for Compliance Officers?

No, it is not considered a highly lucrative area compared to national standards.The average salary of $60,800 is significantly below the national average, although the cost of living is on par with the national average. The slightly lower concentration of roles (LQ of 0.81) also indicates a less robust market.

Is Northwest Oklahoma nonmetropolitan area a good place to live for Compliance Officers?

The Cost of Living Index in Northwest Oklahoma nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Oklahoma nonmetropolitan area?

Some top paying nearby cities include Oklahoma City, OK ($68,430) and Tulsa, OK.

How does the Northwest Oklahoma salary compare to the national average?

The average salary for Compliance Officers in Northwest Oklahoma is $60,800, which is considerably lower than the national average of $85,520.

What is the concentration of Compliance Officers in Northwest Oklahoma?

The concentration, measured by the Location Quotient, is 0.81, indicating that the area has slightly fewer Compliance Officers relative to the national average.

Does the cost of living affect the purchasing power of a Compliance Officer's salary in this region?

No, the cost of living in Northwest Oklahoma is exactly at the national average (100), meaning the $60,800 salary has the same purchasing power as it would nationally.

How many Compliance Officers are employed in Northwest Oklahoma?

There are approximately 200 Compliance Officers employed in the Northwest Oklahoma nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Northwest Oklahoma nonmetropolitan area area with a job density of 2.08 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.