Average Compliance Officers Salary in Rochester, NY
Compliance Officers in Rochester, NY, earn an average annual salary of $84,130. This figure is slightly below the national average of $85,520, indicating a localized compensation structure influenced by regional economic factors and the specific demands of the Rochester market. While close to the national benchmark, subtle differences often reflect the unique cost of doing business and talent availability within the city.
Executive Summary
- Average Salary: $84,130 per year.
- Growth Trend: Salaries have shifted 27.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,040.
- Outlook: With a total local workforce of 1,140 Compliance Officers, Rochester presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.9 suggests that while the presence of Compliance Officers is nearly on par with the national average, there isn't an overwhelming surplus or deficit of these professionals. This indicates a steady demand that aligns with the general economic activity of the region.
Salary Overview
The average Compliance Officers in Rochester, NY earns-1.6%below the national average.
$40.5
$1,618
$7,011
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Rochester's Compliance Officer salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic shifts, evolving regulatory landscapes, and inflation typically drive salary increases for specialized roles like Compliance Officers, suggesting that compensation in Rochester has likely seen modest growth over time.
Compliance Officers Salary Distribution in Rochester, NY
Salary progression for Compliance Officers in Rochester, NY, is strongly tied to experience and demonstrated expertise. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive knowledge of complex regulations and risk management can expect to earn significantly more, often reaching the higher percentiles. The widening gap between entry-level and senior roles reflects the increasing value placed on specialized skills and leadership within the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,980 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,098 | $30.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,780 | $37.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,163 | $50.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,040 | $59.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$84,130
Gross Pay
Real Wage (Purchasing Power)
$84,130
Adjusted for COL (100)
The average annual salary of $84,130 for Compliance Officers in Rochester, NY, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Rochester is neither a significant advantage nor a disadvantage compared to the rest of the country.
Job Market Context
1,140
Total Jobs
2.327
Per 1K Jobs
0.9
Location Quotient
Rochester, NY has 0.90x 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.
Rochester's Location Quotient of 0.9 for Compliance Officers indicates a job market that is closely aligned with the national distribution of this profession. This suggests a balanced environment where the concentration of Compliance Officers is neither unusually high nor low relative to other occupations. Such a quotient implies a competitive yet accessible market, where opportunities exist without being overwhelmingly saturated or scarce.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Buffalo-Cheektowaga, NY Compliance Officers Salary | $86,320↑ 3% | 65 mi |
| Syracuse, NY Compliance Officers Salary | $83,880↓ 0% | 75 mi |
| Ithaca, NY Compliance Officers Salary | $80,710↓ 4% | 75 mi |
| Elmira, NY Compliance Officers Salary | $73,320↓ 13% | 85 mi |
Comparing salaries near Rochester, NY
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Rochester, NY?
The median annual salary for a Compliance Officers in Rochester, NY is $84,130. This typically ranges from $49,980 for entry-level positions to $124,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, NY is 1.6% lower than the national median of $85,520.
Is Rochester, NY a lucrative place for Compliance Officers?
Yes, Rochester, NY offers competitive compensation for Compliance Officers.The average salary of $84,130 is very close to the national average, and with a Cost of Living Index of 100, your earnings will have equivalent purchasing power to the national average.
Is Rochester, NY a good place to live for Compliance Officers?
The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, NY?
Some top paying nearby cities include Buffalo-Cheektowaga, NY ($86,320) and Syracuse, NY.
How does Rochester's Compliance Officer salary compare to the national average?
Compliance Officers in Rochester, NY, earn an average of $84,130 annually, which is slightly below the national average of $85,520. However, the difference is minimal and the local cost of living matches the national average.
What is the job market like for Compliance Officers in Rochester, NY?
The job market is stable, with a local workforce of 1,140 Compliance Officers and a Location Quotient of 0.9, indicating a presence close to the national average concentration. This suggests consistent demand for the role.
Does experience impact a Compliance Officer's salary in Rochester?
Absolutely. As with most specialized fields, entry-level Compliance Officers will earn less, while senior professionals with extensive experience and specialized skills can command significantly higher salaries, reflecting career progression.
Is Rochester, NY an affordable place to live for a Compliance Officer?
Yes, Rochester's Cost of Living Index is exactly at the national average (100). This means that the average salary of $84,130 offers purchasing power that is on par with the national average, making it a relatively affordable location.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,140 employees in the Rochester, NY area with a job density of 2.327 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 Rochester, NY
- All Occupations Salary in Rochester, NY
- Office and Administrative Support Occupations Salary in Rochester, NY
- Educational Instruction and Library Occupations Salary in Rochester, NY
- Food Preparation and Serving Related Occupations Salary in Rochester, NY
- Sales and Related Occupations Salary in Rochester, NY
- Healthcare Practitioners and Technical Occupations Salary in Rochester, NY
- Transportation and Material Moving Occupations Salary in Rochester, NY
- Production Occupations Salary in Rochester, NY
- Business and Financial Operations Occupations Salary in Rochester, NY
- Management Occupations Salary in Rochester, NY
- Browse All Jobs in Rochester, NY →
Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Rochester, NY