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Average Compliance Officers Salary in South Carolina

Compliance Officers in South Carolina earn an average annual salary of $83,350. This figure is slightly below the national average of $85,520, reflecting a localized compensation structure influenced by regional economic factors and industry demand within the state. While not reaching the national benchmark, this salary provides a solid income base for professionals in the Palmetto State.

Executive Summary

  • Average Salary: $83,350 per year.
  • Growth Trend: Salaries have shifted 26.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,080.
  • Outlook: With a total local workforce of 4,650 Compliance Officers, South Carolina demonstrates a stable presence in this field. The location quotient of 0.79 indicates that the concentration of these roles in South Carolina is slightly below the national average, suggesting a moderate but consistent demand for compliance expertise within the state's industries.
2024 Market Data

Salary Overview

$83,350

The average Compliance Officers in South Carolina earns-2.5%below the national average.

BreakdownBased on 40h/week
Hourly

$40.1

Weekly

$1,603

Monthly

$6,946

Compliance Officers Salary Distribution in South Carolina

Career progression for Compliance Officers in South Carolina typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the expected salary gap between junior and experienced professionals highlights the value placed on accumulated knowledge, specialized skills, and demonstrated success in navigating complex compliance landscapes.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,200$20.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,513$30.1
ManagerOversees team, compliance, and project delivery.50% (Median)$76,200$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,188$50.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,080$65.9

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$83,350

Gross Pay

Real Wage (Purchasing Power)

$86,913

Adjusted for COL (95.9)

The average annual salary of $83,350 in South Carolina aligns favorably with its Cost of Living Index of 95.9. This index, being slightly below the national average of 100, suggests that the nominal salary offers a good purchasing power, allowing professionals to maintain a comfortable standard of living relative to the rest of the country.

Job Market Context

4,650

Total Jobs

2.045

Per 1K Jobs

0.79

Location Quotient

Below Average

South Carolina has 0.79x 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.

A Location Quotient of 0.79 for Compliance Officers in South Carolina signifies that the state employs fewer of these professionals per capita than the national average. This suggests that while the market is not oversaturated, there is room for growth and potentially strong demand for skilled individuals entering or advancing within the field.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near South Carolina

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in South Carolina?

The median annual salary for a Compliance Officers in South Carolina is $83,350. This typically ranges from $43,200 for entry-level positions to $137,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Carolina is 2.5% lower than the national median of $85,520.

Is South Carolina a lucrative place for Compliance Officers?

Yes, with a favorable cost of living.Compliance Officers in South Carolina earn $83,350 annually, which is competitive given the state's cost of living index of 95.9. While slightly below the national average salary, the lower cost of living enhances the purchasing power of this income.

Is South Carolina a good place to live for Compliance Officers?

With a Cost of Living Index of 95.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near South Carolina?

Some top paying nearby cities include Columbia, SC ($76,510) and Sumter, SC.

What is the average salary for a Compliance Officer in South Carolina?

The average annual salary for a Compliance Officer in South Carolina is $83,350.

How does South Carolina's Compliance Officer salary compare to the national average?

The average salary in South Carolina ($83,350) is slightly lower than the national average of $85,520.

Is the job market for Compliance Officers strong in South Carolina?

With a location quotient of 0.79, the market is moderately concentrated, indicating a stable but not overly saturated demand for Compliance Officers in the state.

How does the cost of living in South Carolina affect the Compliance Officer salary?

South Carolina's cost of living index of 95.9 (below the national average) means that the $83,350 salary offers good real value and purchasing power for residents.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,650 employees in the South Carolina area with a job density of 2.045 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.