Average Compliance Officers Salary in South Arkansas nonmetropolitan area
Compliance Officers in the South Arkansas nonmetropolitan area earn an average annual salary of $56,440. This figure is notably lower than the national average of $85,520, reflecting regional economic factors and a smaller concentration of industries requiring extensive compliance oversight. The local job market dynamics and the specific needs of businesses within this area contribute to this salary differential.
Executive Summary
- Average Salary: $56,440 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $86,940.
- Outlook: The local job market for Compliance Officers in South Arkansas is stable, with a total workforce of 270 individuals in this role. The Location Quotient of 0.88 suggests a slightly lower concentration of these professionals compared to the national average, indicating a steady but not exceptionally high demand. With 2.262 jobs per 1,000 workers, the market offers consistent opportunities for those in the field.
Salary Overview
The average Compliance Officers in South Arkansas nonmetropolitan area earns-34.0%below the national average.
$27.1
$1,085
$4,703
Compliance Officers Salary Trends (2020-2024)
While specific historical data for the South Arkansas nonmetropolitan area is not provided, it's reasonable to assume a general trend of salary growth for Compliance Officers over the past four years, mirroring national patterns. Economic shifts and evolving regulatory landscapes typically drive an upward trajectory in compensation for these vital roles, even in nonmetropolitan regions.
Compliance Officers Salary Distribution in South Arkansas nonmetropolitan area
Salary progression for Compliance Officers typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Compliance Officers with extensive experience and specialized knowledge can command significantly higher salaries. The percentile gaps in compensation clearly signify career progression and the increasing value placed on seasoned professionals within the compliance field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,660 | $19.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,330 | $20.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,000 | $21.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $70,550 | $33.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $86,940 | $41.8 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$56,440
Gross Pay
Real Wage (Purchasing Power)
$56,440
Adjusted for COL (100)
The nominal average annual salary of $56,440 in South Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average. Therefore, the lower nominal wage does not necessarily translate to a reduced standard of living within the region.
Job Market Context
270
Total Jobs
2.262
Per 1K Jobs
0.88
Location Quotient
South Arkansas nonmetropolitan area has 0.88x 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 0.88, the South Arkansas nonmetropolitan area has a slightly lower concentration of Compliance Officers than the national average. This suggests that the job market is neither overly saturated nor exceptionally scarce for these professionals. While there is a consistent presence of these roles, the market is not characterized by intense competition, offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Compliance Officers Salary | $69,130↑ 22% | 17 mi |
| Hot Springs, AR Compliance Officers Salary | $62,660↑ 11% | 51 mi |
Comparing salaries near South Arkansas nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in South Arkansas nonmetropolitan area?
The median annual salary for a Compliance Officers in South Arkansas nonmetropolitan area is $56,440. This typically ranges from $40,660 for entry-level positions to $86,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Arkansas nonmetropolitan area is 34.0% lower than the national median of $85,520.
Is South Arkansas nonmetropolitan area a lucrative place for Compliance Officerss?
No, it is not considered a highly lucrative area for Compliance Officers.The average salary of $56,440 is significantly below the national average, although the cost of living is also at the national average. The lower concentration of these roles suggests moderate demand.
Is South Arkansas nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($69,130) and Hot Springs, AR.
How does the South Arkansas Compliance Officer salary compare to the national average?
Compliance Officers in South Arkansas earn an average of $56,440 annually, which is substantially lower than the national average of $85,520.
What is the Cost of Living in South Arkansas compared to the national average?
The Cost of Living Index in South Arkansas is 100, which is exactly the same as the national average, meaning your salary has equivalent purchasing power locally.
How concentrated are Compliance Officer jobs in South Arkansas?
The concentration of Compliance Officers in South Arkansas, measured by the Location Quotient of 0.88, is slightly below the national average, indicating a moderate presence of these roles.
What is the total number of Compliance Officers in South Arkansas?
There are approximately 270 Compliance Officers employed in the South Arkansas nonmetropolitan area.
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 South Arkansas nonmetropolitan area area with a job density of 2.262 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 South Arkansas nonmetropolitan area