Average Compliance Officers Salary in Northwestern Region of Texas nonmetropolitan area
Compliance Officers in the Northwestern Region of Texas nonmetropolitan area earn an average annual salary of $72,260. This figure is notably below the national average of $85,520, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale. The lower average pay may be influenced by the cost of doing business or the specific demand dynamics present in this nonmetropolitan area.
Executive Summary
- Average Salary: $72,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $108,640.
- Outlook: The job market for Compliance Officers in the Northwestern Region of Texas nonmetropolitan area appears stable, with a local workforce of 450 professionals. The Location Quotient of 0.92 indicates a concentration of these roles that is very close to the national average, suggesting a consistent, albeit not exceptionally high, demand for compliance expertise. With 2.376 jobs per 1,000 workers, the presence of compliance roles is well-established within the regional labor landscape.
Salary Overview
The average Compliance Officers in Northwestern Region of Texas nonmetropolitan area earns-15.5%below the national average.
$34.7
$1,390
$6,022
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Compliance Officers in the Northwestern Region of Texas have experienced gradual growth over the past four years, mirroring national trends. Economic development and increasing regulatory complexity typically drive up demand and, consequently, compensation for skilled compliance professionals, even in nonmetropolitan settings.
Compliance Officers Salary Distribution in Northwestern Region of Texas 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 seasoned professionals with specialized knowledge and a proven track record can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for advancement, rewarding increased responsibility and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,290 | $21.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,195 | $26.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,150 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,325 | $43.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $108,640 | $52.2 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$72,260
Gross Pay
Real Wage (Purchasing Power)
$72,260
Adjusted for COL (100)
The average annual salary of $72,260 in the Northwestern Region of Texas nonmetropolitan area 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 the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
450
Total Jobs
2.376
Per 1K Jobs
0.92
Location Quotient
Northwestern Region of Texas nonmetropolitan area has 0.92x 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 0.92, the Northwestern Region of Texas nonmetropolitan area exhibits a job market for Compliance Officers that is nearly on par with the national average in terms of concentration. This suggests a balanced market where the number of compliance roles is neither exceptionally scarce nor overly saturated compared to the rest of the country, indicating a steady demand for these professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Compliance Officers Salary | $66,600↓ 8% | 10 mi |
| Waco, TX Compliance Officers Salary | $60,530↓ 16% | 41 mi |
| Austin-Round Rock-San Marcos, TX Compliance Officers Salary | $74,190↑ 3% | 53 mi |
| College Station-Bryan, TX Compliance Officers Salary | $68,800↓ 5% | 82 mi |
Comparing salaries near Northwestern Region of Texas nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Northwestern Region of Texas nonmetropolitan area?
The median annual salary for a Compliance Officers in Northwestern Region of Texas nonmetropolitan area is $72,260. This typically ranges from $44,290 for entry-level positions to $108,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwestern Region of Texas nonmetropolitan area is 15.5% lower than the national median of $85,520.
Is Northwestern Region of Texas nonmetropolitan area a lucrative place for Compliance Officerss?
No, not exceptionally lucrative compared to the national average.While the average salary of $72,260 is stable relative to the cost of living, it falls below the national average of $85,520, indicating less lucrative compensation in this specific region.
Is Northwestern Region of Texas nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Northwestern Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwestern Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($66,600) and Waco, TX.
How does the local salary compare to the national average?
The average annual salary for Compliance Officers in the Northwestern Region of Texas nonmetropolitan area is $72,260, which is lower than the national average of $85,520.
What is the concentration of Compliance Officers in this region?
The concentration, measured by the Location Quotient, is 0.92, indicating that the proportion of Compliance Officers in this region is slightly below the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $72,260 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.
What is the total number of Compliance Officers in this area?
There are approximately 450 Compliance Officers employed in the Northwestern Region of Texas 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 450 employees in the Northwestern Region of Texas nonmetropolitan area area with a job density of 2.376 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 Northwestern Region of Texas nonmetropolitan area