Average Compliance Officers Salary in Savannah, GA
Compliance Officers in Savannah, GA, earn an average annual salary of $74,840. This figure is notably below the national average of $85,520, suggesting that local market dynamics, such as industry demand and the specific regulatory environment, play a significant role in compensation levels within this coastal Georgia city.
Executive Summary
- Average Salary: $74,840 per year.
- Growth Trend: Salaries have shifted 7.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $113,030.
- Outlook: The Compliance Officer job market in Savannah, GA, appears stable, with a total local workforce of 570 professionals. The Location Quotient of 1.13 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, albeit not overwhelmingly robust, demand for compliance expertise within the region.
Salary Overview
The average Compliance Officers in Savannah, GA earns-12.5%below the national average.
$36
$1,439
$6,237
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Savannah is not provided, it is reasonable to assume that salaries for Compliance Officers nationwide have experienced steady growth over the past four years, driven by increasing regulatory complexity and a heightened focus on corporate governance. This general upward trend likely extends to Savannah, though local economic factors may moderate the pace of salary increases.
Compliance Officers Salary Distribution in Savannah, GA
The career trajectory for Compliance Officers in Savannah, GA, typically involves significant salary progression with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise and take on more complex responsibilities, their earning potential increases substantially, with senior roles commanding salaries well above the average, reflected in the widening percentile gaps.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,950 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,130 | $27 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,490 | $32 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,550 | $45 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $113,030 | $54.3 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$74,840
Gross Pay
Real Wage (Purchasing Power)
$74,840
Adjusted for COL (100)
With an average annual salary of $74,840 and a Cost of Living Index of 100, Compliance Officers in Savannah, GA, find their nominal earnings directly align with the national cost of living. This means that while the salary is below the national average, the purchasing power of that salary is equivalent to the national average, offering a balanced financial outlook for residents.
Job Market Context
570
Total Jobs
2.905
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Savannah, GA has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
Savannah, GA, exhibits a Location Quotient of 1.13 for Compliance Officers, signifying a concentration of these roles that is 13% higher than the national average. This suggests a moderately competitive job market where demand is present and slightly more pronounced than in many other areas, potentially offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Compliance Officers Salary | $70,030↓ 6% | 28 mi |
| Hinesville, GA Compliance Officers Salary | $55,020↓ 26% | 29 mi |
| Brunswick-St. Simons, GA Compliance Officers Salary | $102,040↑ 36% | 63 mi |
| Charleston-North Charleston, SC Compliance Officers Salary | $100,270↑ 34% | 89 mi |
Comparing salaries near Savannah, GA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Savannah, GA?
The median annual salary for a Compliance Officers in Savannah, GA is $74,840. This typically ranges from $38,950 for entry-level positions to $113,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Savannah, GA is 12.5% lower than the national median of $85,520.
Is Savannah, GA a lucrative place for Compliance Officers?
Moderately so.While the average salary of $74,840 is below the national average, the cost of living is also at the national average, making the purchasing power comparable. The slightly higher concentration of jobs (LQ 1.13) indicates steady demand.
Is Savannah, GA a good place to live for Compliance Officers?
The Cost of Living Index in Savannah, GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Savannah, GA?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($70,030) and Hinesville, GA.
How does Savannah's Compliance Officer salary compare to the national average?
Compliance Officers in Savannah, GA, earn an average of $74,840 annually, which is approximately $10,680 less than the national average of $85,520.
What is the cost of living in Savannah, GA for Compliance Officers?
The cost of living in Savannah, GA, is exactly at the national average, indicated by a Cost of Living Index of 100. This means that the $74,840 salary has the same purchasing power as the national average salary.
Is there high demand for Compliance Officers in Savannah, GA?
The Location Quotient of 1.13 suggests a slightly higher concentration of Compliance Officers in Savannah compared to the national average, indicating a stable and present demand for these professionals in the local job market.
How many Compliance Officers are there in Savannah, GA?
There are approximately 570 Compliance Officers employed in Savannah, GA, representing 2.905 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Savannah, GA area with a job density of 2.905 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 Savannah, GA