Average Compliance Officers Salary in Salem, OR
Compliance Officers in Salem, Oregon, earn an average annual salary of $80,060. This figure is slightly below the national average of $85,520, indicating that while the demand for compliance expertise is present, local market dynamics and potentially the cost of doing business influence compensation levels. Factors such as the specific industries prevalent in the region and the overall economic landscape of Oregon play a role in shaping this salary.
Executive Summary
- Average Salary: $80,060 per year.
- Growth Trend: Salaries have shifted 26.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,980.
- Outlook: The job market for Compliance Officers in Salem, OR, appears robust, with a total local workforce of 1,280 professionals. The Location Quotient of 2.66 significantly exceeds the national average, suggesting a higher concentration of these roles in Salem compared to other areas across the United States. This elevated concentration points to a strong and potentially growing demand for compliance expertise within the local economy.
Salary Overview
The average Compliance Officers in Salem, OR earns-6.4%below the national average.
$38.5
$1,540
$6,672
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Salem is not provided, it is reasonable to assume that salaries for Compliance Officers in the region have experienced growth over the past four years, mirroring national trends. Increased regulatory complexity and a greater emphasis on corporate governance have generally driven up demand and compensation for these vital roles across the country, a trend likely reflected in the Salem market.
Compliance Officers Salary Distribution in Salem, OR
Salary progression for Compliance Officers in Salem, OR, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive knowledge and proven track records can command salaries in the higher percentiles. The widening gap between entry-level and senior-level compensation signifies clear career advancement opportunities and the increasing value placed on specialized compliance skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,650 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,045 | $28.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,140 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,075 | $48.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,980 | $51.9 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$80,060
Gross Pay
Real Wage (Purchasing Power)
$80,060
Adjusted for COL (100)
The average annual salary of $80,060 for Compliance Officers in Salem, OR, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in Salem is equivalent to that of a Compliance Officer earning the national average in a typical U.S. city, offering a stable financial standing relative to national benchmarks.
Job Market Context
1,280
Total Jobs
6.85
Per 1K Jobs
2.66
Location Quotient
Salem, OR has 2.7x the national concentration of Compliance Officers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.66, Salem, OR, exhibits a significantly higher concentration of Compliance Officers than the national average. This suggests that the job market is not only robust but also potentially more competitive or specialized, with a greater density of opportunities and professionals in this field. Employers in Salem may find a rich talent pool, while job seekers can benefit from a market that clearly values compliance expertise.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Albany, OR Compliance Officers Salary | $81,370↑ 2% | 21 mi |
| Corvallis, OR Compliance Officers Salary | $80,540↑ 1% | 27 mi |
| Portland-Vancouver-Hillsboro, OR-WA Compliance Officers Salary | $91,320↑ 14% | 44 mi |
| Coast Oregon nonmetropolitan area Compliance Officers Salary | $75,520↓ 6% | 53 mi |
| Eastern Oregon nonmetropolitan area Compliance Officers Salary | $79,880↓ 0% | 53 mi |
Comparing salaries near Salem, OR
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Salem, OR?
The median annual salary for a Compliance Officers in Salem, OR is $80,060. This typically ranges from $50,650 for entry-level positions to $107,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Salem, OR is 6.4% lower than the national median of $85,520.
Is Salem, OR a lucrative place for Compliance Officers?
Yes, it offers competitive compensation relative to its cost of living.Compliance Officers in Salem earn $80,060 annually, which aligns with the national average cost of living. The high concentration of these roles (LQ of 2.66) also indicates strong local demand.
Is Salem, OR a good place to live for Compliance Officers?
The Cost of Living Index in Salem, OR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Salem, OR?
Some top paying nearby cities include Albany, OR ($81,370) and Corvallis, OR.
How does Salem's Compliance Officer salary compare to the national average?
Compliance Officers in Salem, OR, earn an average of $80,060 annually, which is slightly lower than the national average of $85,520.
What is the concentration of Compliance Officers in Salem, OR?
Salem, OR has a Location Quotient of 2.66 for Compliance Officers, meaning the area has more than 2.5 times the national average concentration of these professionals.
Is the cost of living high in Salem, OR for Compliance Officers?
No, Salem, OR has a Cost of Living Index of 100, which is exactly the national average, making the $80,060 salary hold its value effectively.
How many Compliance Officers are there in Salem, OR?
There are approximately 1,280 Compliance Officers working in Salem, OR, representing 6.85 jobs per 1,000 workers in the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,280 employees in the Salem, OR area with a job density of 6.85 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 Salem, OR