Average Compliance Officers Salary in Ohio
Compliance Officers in Ohio earn an average annual salary of $79,810, which is below the national average of $85,520. This difference is often influenced by regional economic factors, industry concentration, and the overall demand for specialized compliance expertise within the state's specific business landscape.
Executive Summary
- Average Salary: $79,810 per year.
- Growth Trend: Salaries have shifted 12.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,840.
- Outlook: With a local workforce of 11,320 Compliance Officers, Ohio presents a substantial, albeit slightly less concentrated, market compared to national averages. The Location Quotient of 0.79 suggests that while the profession is present, it's not as dominant as in other states, indicating a stable but potentially less competitive job market for these professionals.
Salary Overview
The average Compliance Officers in Ohio earns-6.7%below the national average.
$38.4
$1,535
$6,651
Compliance Officers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Compliance Officers in Ohio have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing regulatory complexity, evolving industry standards, and a sustained demand for professionals who can navigate these intricate landscapes.
Compliance Officers Salary Distribution in Ohio
The career trajectory for Compliance Officers in Ohio shows significant earning potential as experience is gained. Entry-level positions may start closer to the lower end of the pay scale, but seasoned professionals with specialized knowledge and a proven track record can command salaries well above the average, with senior roles often reaching into the six figures. The widening gap between entry-level and senior salaries reflects the value placed on expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,510 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,858 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,030 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,763 | $48 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,840 | $59.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$79,810
Gross Pay
Real Wage (Purchasing Power)
$87,896
Adjusted for COL (90.8)
An average salary of $79,810 in Ohio is significantly enhanced by the state's Cost of Living Index of 90.8, which is below the national average of 100. This means that the purchasing power of an Ohio-based Compliance Officer's salary is effectively higher than the nominal figure suggests, allowing for a better quality of life and greater disposable income compared to living in more expensive regions.
Job Market Context
11,320
Total Jobs
2.048
Per 1K Jobs
0.79
Location Quotient
Ohio has 0.79x 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 of 0.79 indicates that Compliance Officers are present in Ohio but are not as densely concentrated as the national average. This suggests a healthy job market where demand exists, but perhaps without the intense competition found in areas with a higher concentration of financial services or heavily regulated industries. It implies a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Compliance Officers Salary | $68,130↓ 15% | 29 mi |
| Columbus, OH Compliance Officers Salary | $82,350↑ 3% | 32 mi |
| Springfield, OH Compliance Officers Salary | $60,090↓ 25% | 63 mi |
| Sandusky, OH Compliance Officers Salary | $76,680↓ 4% | 73 mi |
| Lima, OH Compliance Officers Salary | $73,550↓ 8% | 75 mi |
Comparing salaries near Ohio
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Ohio?
The median annual salary for a Compliance Officers in Ohio is $79,810. This typically ranges from $45,510 for entry-level positions to $123,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ohio is 6.7% lower than the national median of $85,520.
Is Ohio a lucrative place for Compliance Officers?
Yes, especially when considering the cost of living.While the average salary is slightly below the national benchmark, Ohio's lower cost of living index significantly boosts the purchasing power of Compliance Officers. This makes the effective income more competitive and attractive for professionals.
Is Ohio a good place to live for Compliance Officers?
With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Ohio?
Some top paying nearby cities include Mansfield, OH ($68,130) and Columbus, OH.
How does Ohio's average Compliance Officer salary compare to the national average?
The average annual salary for Compliance Officers in Ohio is $79,810, which is approximately $5,710 less than the national average of $85,520.
What is the concentration of Compliance Officers in Ohio compared to the rest of the US?
Ohio has a Location Quotient of 0.79 for Compliance Officers, indicating a slightly lower concentration of these professionals compared to the national average.
How does the cost of living in Ohio affect the value of a Compliance Officer's salary?
With a Cost of Living Index of 90.8, Ohio is more affordable than the national average (100). This means that $79,810 in Ohio buys more goods and services than it would in a higher cost-of-living area, effectively increasing the salary's real value.
What does the number of jobs per 1,000 workers signify for Compliance Officers in Ohio?
The figure of 2.048 jobs per 1,000 workers suggests a consistent presence and demand for Compliance Officers within Ohio's labor market, reflecting the ongoing need for regulatory adherence across various industries.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,320 employees in the Ohio area with a job density of 2.048 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 Ohio