Average Compliance Officers Salary in Portland-South Portland, ME
Compliance Officers in Portland-South Portland, ME, earn an impressive average annual salary of $91,250, surpassing the national average of $85,520. This localized premium is often driven by the specific regulatory landscape and the demand for specialized expertise within the region's key industries.
Executive Summary
- Average Salary: $91,250 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,730.
- Outlook: The Portland-South Portland area supports a robust job market for Compliance Officers, with a total local workforce of 760 individuals in this role. The Location Quotient of 1.03 indicates a concentration of these professionals that is slightly above the national average, suggesting steady demand and a healthy employment environment.
Salary Overview
The average Compliance Officers in Portland-South Portland, ME earns+6.7%above the national average.
$43.9
$1,755
$7,604
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Compliance Officers across the nation, including in markets like Portland-South Portland, have experienced consistent growth over the past four years. This upward trend is fueled by increasing regulatory complexity and a greater emphasis on corporate governance.
Compliance Officers Salary Distribution in Portland-South Portland, ME
Salary progression for Compliance Officers in Portland-South Portland, ME, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles, reflecting their value and specialized knowledge.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,680 | $28.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,438 | $32.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,250 | $42.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,063 | $54.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $132,730 | $63.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$91,250
Gross Pay
Real Wage (Purchasing Power)
$91,250
Adjusted for COL (100)
With an average annual salary of $91,250 and a Cost of Living Index at the national average of 100, Compliance Officers relocating to Portland-South Portland, ME, will find their nominal earnings translate directly to purchasing power. This means the salary offers a standard of living comparable to the national benchmark.
Job Market Context
760
Total Jobs
2.667
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Portland-South Portland, ME has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.03 for Compliance Officers in Portland-South Portland, ME, signifies a market where the profession is slightly more concentrated than the national average. This suggests a competitive yet stable job market, with employers actively seeking qualified candidates to fill roles.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Lewiston-Auburn, ME Compliance Officers Salary | $69,780↓ 24% | 29 mi |
| Central New Hampshire nonmetropolitan area Compliance Officers Salary | $81,290↓ 11% | 67 mi |
| Northern New Hampshire nonmetropolitan area Compliance Officers Salary | $91,430↑ 0% | 67 mi |
| Southwestern New Hampshire nonmetropolitan area Compliance Officers Salary | $72,160↓ 21% | 67 mi |
| Manchester-Nashua, NH Compliance Officers Salary | $88,650↓ 3% | 76 mi |
Comparing salaries near Portland-South Portland, ME
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Portland-South Portland, ME?
The median annual salary for a Compliance Officers in Portland-South Portland, ME is $91,250. This typically ranges from $59,680 for entry-level positions to $132,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-South Portland, ME is 6.7% higher than the national median of $85,520.
Is Portland-South Portland, ME a lucrative place for Compliance Officerss?
Yes, it is a lucrative location for Compliance Officers.Compliance Officers in Portland-South Portland, ME, earn above the national average salary, and the cost of living is on par with the national average, indicating strong earning potential.
Is Portland-South Portland, ME a good place to live for Compliance Officers?
The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-South Portland, ME?
Some top paying nearby cities include Lewiston-Auburn, ME ($69,780) and Central New Hampshire nonmetropolitan area.
How does the Portland-South Portland, ME salary compare to the national average?
The average annual salary for Compliance Officers in Portland-South Portland, ME, is $91,250, which is higher than the national average of $85,520.
What is the concentration of Compliance Officers in Portland-South Portland, ME?
The Location Quotient for Compliance Officers in Portland-South Portland, ME, is 1.03, indicating a slightly higher concentration of these professionals compared to the national average.
How does the cost of living in Portland-South Portland, ME affect the salary?
The Cost of Living Index in Portland-South Portland, ME, is 100, which is the national average. This means the $91,250 salary offers purchasing power equivalent to the national average.
What is the total number of Compliance Officers in Portland-South Portland, ME?
There are approximately 760 Compliance Officers working in the Portland-South Portland, ME area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Portland-South Portland, ME area with a job density of 2.667 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 Portland-South Portland, ME