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Average Compliance Officers Salary in Reading, PA

Compliance Officers in Reading, PA, can expect an average annual salary of $71,450. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this Pennsylvania city.

Executive Summary

  • Average Salary: $71,450 per year.
  • Growth Trend: Salaries have shifted 3.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $116,310.
  • Outlook: The job market for Compliance Officers in Reading, PA, appears stable, with a local workforce of 270 professionals. The Location Quotient of 0.61 indicates a slightly lower concentration of these roles compared to the national average, suggesting a steady but not exceptionally high demand within the immediate area.
2024 Market Data

Salary Overview

$71,450

The average Compliance Officers in Reading, PA earns-16.5%below the national average.

BreakdownBased on 40h/week
Hourly

$34.4

Weekly

$1,374

Monthly

$5,954

Compliance Officers Salary Distribution in Reading, PA

Salary progression for Compliance Officers in Reading, PA, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the higher percentiles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,670$21.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,588$25.8
ManagerOversees team, compliance, and project delivery.50% (Median)$64,400$31
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$89,313$42.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$116,310$55.9

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$71,450

Gross Pay

Real Wage (Purchasing Power)

$71,450

Adjusted for COL (100)

With an average salary of $71,450 and a Cost of Living Index of 100, Compliance Officers in Reading, PA, experience a purchasing power that aligns directly with the national average. This means that the nominal salary offers a standard of living comparable to the typical American city.

Job Market Context

270

Total Jobs

1.579

Per 1K Jobs

0.61

Location Quotient

Below Average

Reading, PA has 0.61x 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 0.61 for Compliance Officers in Reading, PA, suggests that the profession is less concentrated locally than the national average. This could imply fewer specialized opportunities or a more balanced employer-to-candidate ratio compared to areas with higher LQs.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Lebanon, PA Compliance Officers Salary$76,650↑ 7%26 mi
Lancaster, PA Compliance Officers Salary$67,900↓ 5%29 mi
Allentown-Bethlehem-Easton, PA-NJ Compliance Officers Salary$78,170↑ 9%30 mi
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Compliance Officers Salary$89,270↑ 25%48 mi
York-Hanover, PA Compliance Officers Salary$80,700↑ 13%50 mi

Comparing salaries near Reading, PA

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Reading, PA?

The median annual salary for a Compliance Officers in Reading, PA is $71,450. This typically ranges from $44,670 for entry-level positions to $116,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 16.5% lower than the national median of $85,520.

Is Reading, PA a lucrative place for Compliance Officers?

No, not particularly lucrative compared to the national average.The average salary of $71,450 is significantly lower than the national average of $85,520, although the cost of living is on par with the national average.

Is Reading, PA a good place to live for Compliance Officers?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lebanon, PA ($76,650) and Lancaster, PA.

How does the Reading, PA salary compare to the national average?

Compliance Officers in Reading, PA, earn an average of $71,450 annually, which is approximately 16% less than the national average of $85,520.

What is the concentration of Compliance Officers in Reading, PA?

The concentration, measured by the Location Quotient, is 0.61, indicating that Compliance Officers are less prevalent in Reading, PA, than the national average.

How does the cost of living in Reading, PA affect the salary?

The Cost of Living Index in Reading, PA, is 100, meaning it is exactly average. Therefore, the $71,450 salary has purchasing power equivalent to the national average.

How many Compliance Officers are there in Reading, PA?

There are approximately 270 Compliance Officers working in the Reading, PA area, representing 1.579 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Reading, PA area with a job density of 1.579 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Reading, PA