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Average Compliance Officers Salary in Santa Cruz-Watsonville, CA

Compliance Officers in Santa Cruz-Watsonville, CA earn an average annual salary of $89,510, surpassing the national average of $85,520. This slightly elevated compensation reflects the specific demands and economic landscape of the region, which may include a higher concentration of industries requiring stringent regulatory oversight or a competitive local job market for specialized roles.

Executive Summary

  • Average Salary: $89,510 per year.
  • Growth Trend: Salaries have shifted 7.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,780.
  • Outlook: The Compliance Officer job market in Santa Cruz-Watsonville, CA, while not exceptionally concentrated with a Location Quotient of 0.81, indicates a stable presence within the local economy. With a total workforce of 210 professionals in this role, the demand appears steady, suggesting consistent opportunities for skilled individuals within the area's regulatory and business sectors.
2024 Market Data

Salary Overview

$89,510

The average Compliance Officers in Santa Cruz-Watsonville, CA earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$43

Weekly

$1,721

Monthly

$7,459

Compliance Officers Salary Distribution in Santa Cruz-Watsonville, CA

The career trajectory for Compliance Officers in Santa Cruz-Watsonville, CA, typically shows a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and take on more complex responsibilities, their earning potential can rise substantially, with senior roles commanding top-tier compensation, reflecting the value of specialized knowledge and proven track records.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,570$24.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,133$32.3
ManagerOversees team, compliance, and project delivery.50% (Median)$82,320$39.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,888$53.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,780$65.8

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$89,510

Gross Pay

Real Wage (Purchasing Power)

$89,510

Adjusted for COL (100)

The average annual salary of $89,510 in Santa Cruz-Watsonville, CA, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national average, offering a stable financial standing without the added pressure of a significantly higher cost of living.

Job Market Context

210

Total Jobs

2.091

Per 1K Jobs

0.81

Location Quotient

Below Average

Santa Cruz-Watsonville, CA has 0.81x 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.

With a Location Quotient of 0.81, the market for Compliance Officers in Santa Cruz-Watsonville, CA, is slightly less concentrated than the national average. This suggests that while the profession is present and valued, it may not be a dominant industry hub, potentially offering a balanced competitive landscape for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Santa Cruz-Watsonville, CA

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Santa Cruz-Watsonville, CA?

The median annual salary for a Compliance Officers in Santa Cruz-Watsonville, CA is $89,510. This typically ranges from $50,570 for entry-level positions to $136,780 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Cruz-Watsonville, CA is 4.7% higher than the national median of $85,520.

Is Santa Cruz-Watsonville, CA a lucrative place for Compliance Officers?

Yes, it is a moderately lucrative place for Compliance Officers.The average salary of $89,510 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.

Is Santa Cruz-Watsonville, CA a good place to live for Compliance Officers?

The Cost of Living Index in Santa Cruz-Watsonville, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Santa Cruz-Watsonville, CA?

Some top paying nearby cities include San Jose-Sunnyvale-Santa Clara, CA ($125,790) and Salinas, CA.

How does the Santa Cruz-Watsonville salary compare to the national average?

Compliance Officers in Santa Cruz-Watsonville, CA, earn an average of $89,510 annually, which is approximately $3,990 more than the national average of $85,520.

What is the cost of living in Santa Cruz-Watsonville, CA for Compliance Officers?

The cost of living in Santa Cruz-Watsonville, CA, is exactly at the national average, indicated by an index of 100. This means your salary will have the same purchasing power as it would nationally.

How many Compliance Officers are there in Santa Cruz-Watsonville, CA?

There are approximately 210 Compliance Officers working in the Santa Cruz-Watsonville, CA area.

Is the job market for Compliance Officers strong in Santa Cruz-Watsonville, CA?

The market is stable, with 2.091 jobs per 1,000 workers and a location quotient of 0.81, indicating a presence slightly below the national average concentration but suggesting consistent demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Santa Cruz-Watsonville, CA area with a job density of 2.091 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.