Average Compliance Officers Salary in Phoenix-Mesa-Chandler, AZ
Compliance Officers in the Phoenix-Mesa-Chandler, AZ metropolitan area earn an average annual salary of $80,940. This figure is slightly below the national average of $85,520, suggesting that while the demand is present, local market dynamics and potentially other economic factors influence compensation. The cost of living in Phoenix-Mesa-Chandler is right at the national average, making this salary a point of consideration for professionals.
Executive Summary
- Average Salary: $80,940 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,520.
- Outlook: The Phoenix-Mesa-Chandler area supports a substantial workforce of 7,770 Compliance Officers, indicating a significant presence of this profession. With a Location Quotient of 1.28, the concentration of these roles is notably higher than the national average, signaling a robust and potentially growing demand for compliance expertise within the region.
Salary Overview
The average Compliance Officers in Phoenix-Mesa-Chandler, AZ earns-5.4%below the national average.
$38.9
$1,557
$6,745
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Phoenix-Mesa-Chandler is not provided, it is reasonable to assume that salaries for Compliance Officers in this area have experienced growth over the past four years, mirroring national trends. Factors such as increasing regulatory complexity and a heightened focus on corporate governance likely contribute to upward pressure on compensation.
Compliance Officers Salary Distribution in Phoenix-Mesa-Chandler, AZ
Salary progression for Compliance Officers in Phoenix-Mesa-Chandler typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles reflects significant career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,420 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,705 | $29.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,980 | $35.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,175 | $48.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,520 | $60.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$80,940
Gross Pay
Real Wage (Purchasing Power)
$80,940
Adjusted for COL (100)
With an average annual salary of $80,940 and a Cost of Living Index of 100, Compliance Officers in Phoenix-Mesa-Chandler find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary is comparable to the national average, offering a stable financial foundation.
Job Market Context
7,770
Total Jobs
3.314
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Phoenix-Mesa-Chandler, AZ has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.28 for Compliance Officers in Phoenix-Mesa-Chandler indicates a market where this profession is more concentrated than the national average. This suggests a healthy demand and potentially a competitive environment for skilled professionals, as businesses in the area place a higher relative emphasis on compliance roles.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Arizona nonmetropolitan area Compliance Officers Salary | $80,340↓ 1% | 39 mi |
| Prescott Valley-Prescott, AZ Compliance Officers Salary | $62,000↓ 23% | 72 mi |
Comparing salaries near Phoenix-Mesa-Chandler, AZ
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Phoenix-Mesa-Chandler, AZ?
The median annual salary for a Compliance Officers in Phoenix-Mesa-Chandler, AZ is $80,940. This typically ranges from $47,420 for entry-level positions to $125,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Phoenix-Mesa-Chandler, AZ is 5.4% lower than the national median of $85,520.
Is Phoenix-Mesa-Chandler, AZ a lucrative place for Compliance Officers?
Yes, with caveats.While the average salary of $80,940 is slightly below the national average, the higher concentration of jobs (LQ of 1.28) suggests strong local demand. The cost of living being at the national average means the salary holds its purchasing power.
Is Phoenix-Mesa-Chandler, AZ a good place to live for Compliance Officers?
The Cost of Living Index in Phoenix-Mesa-Chandler, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Phoenix-Mesa-Chandler, AZ?
Some top paying nearby cities include Arizona nonmetropolitan area ($80,340) and Prescott Valley-Prescott, AZ.
How does the Phoenix-Mesa-Chandler salary compare to the national average?
The average annual salary for Compliance Officers in Phoenix-Mesa-Chandler is $80,940, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Phoenix-Mesa-Chandler?
The concentration, measured by the Location Quotient, is 1.28, indicating that Compliance Officers are more prevalent in this area compared to the national average.
How does the Cost of Living affect the salary in Phoenix-Mesa-Chandler?
The Cost of Living Index is 100, which is the national average. Therefore, the $80,940 salary has purchasing power equivalent to the national average.
What is the total number of Compliance Officers in the Phoenix-Mesa-Chandler area?
There are approximately 7,770 Compliance Officers employed within the Phoenix-Mesa-Chandler metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,770 employees in the Phoenix-Mesa-Chandler, AZ area with a job density of 3.314 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Compliance Officers Salaries by State
Top Jobs in Phoenix-Mesa-Chandler, AZ
- All Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Office and Administrative Support Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Sales and Related Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Food Preparation and Serving Related Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Transportation and Material Moving Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Management Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Business and Financial Operations Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Healthcare Practitioners and Technical Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Construction and Extraction Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Educational Instruction and Library Occupations Salary in Phoenix-Mesa-Chandler, AZ
- Browse All Jobs in Phoenix-Mesa-Chandler, AZ →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Phoenix-Mesa-Chandler, AZ