Average Compliance Officers Salary in Southeast Iowa nonmetropolitan area
Compliance Officers in Southeast Iowa's nonmetropolitan areas earn an average annual salary of $69,070. This figure is notably below the national average of $85,520, reflecting the distinct economic landscape and potentially lower demand for specialized compliance roles in less urbanized regions. The local economic factors and industry concentration play a significant role in shaping compensation for these vital positions.
Executive Summary
- Average Salary: $69,070 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $96,570.
- Outlook: With a local workforce of 270 Compliance Officers, the job market in Southeast Iowa's nonmetropolitan areas presents a moderate level of activity. The location quotient of 0.52 indicates that this region has about half the concentration of Compliance Officers compared to the national average. While not a hub for the profession, the presence of a dedicated workforce suggests ongoing, albeit specialized, demand within the local economy.
Salary Overview
The average Compliance Officers in Southeast Iowa nonmetropolitan area earns-19.2%below the national average.
$33.2
$1,328
$5,756
Compliance Officers Salary Trends (2020-2024)
While specific historical data for Southeast Iowa's nonmetropolitan areas is not provided, it is reasonable to assume a general trend of salary growth for Compliance Officers over the past four years, mirroring national patterns. Economic shifts, evolving regulatory landscapes, and increased emphasis on compliance functions typically drive modest, consistent increases in compensation for experienced professionals in this field.
Compliance Officers Salary Distribution in Southeast Iowa nonmetropolitan area
Career progression for Compliance Officers in Southeast Iowa nonmetropolitan areas typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on accumulated knowledge and demonstrated success in navigating complex compliance environments.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,740 | $22.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,803 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,390 | $31.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,338 | $41.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $96,570 | $46.4 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$69,070
Gross Pay
Real Wage (Purchasing Power)
$69,070
Adjusted for COL (100)
The average annual salary of $69,070 in Southeast Iowa's nonmetropolitan areas aligns perfectly with the national average cost of living index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of the earnings is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the lower salary is effectively offset by the stable cost of living.
Job Market Context
270
Total Jobs
1.33
Per 1K Jobs
0.52
Location Quotient
Southeast Iowa nonmetropolitan area has 0.52x 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.
The location quotient of 0.52 for Compliance Officers in Southeast Iowa's nonmetropolitan areas suggests that the profession is less concentrated here than the national average. This indicates a less competitive market in terms of the sheer number of professionals vying for positions, but it also implies that the demand might be more niche or specialized. Employers may find it easier to attract talent due to lower competition, but the overall volume of opportunities is proportionally smaller.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Ames, IA Compliance Officers Salary | $77,110↑ 12% | 21 mi |
| Des Moines-West Des Moines, IA Compliance Officers Salary | $83,060↑ 20% | 37 mi |
| Waterloo-Cedar Falls, IA Compliance Officers Salary | $70,140↑ 2% | 55 mi |
| Cedar Rapids, IA Compliance Officers Salary | $72,410↑ 5% | 79 mi |
| Iowa City, IA Compliance Officers Salary | $72,570↑ 5% | 90 mi |
Comparing salaries near Southeast Iowa nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Southeast Iowa nonmetropolitan area?
The median annual salary for a Compliance Officers in Southeast Iowa nonmetropolitan area is $69,070. This typically ranges from $46,740 for entry-level positions to $96,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Iowa nonmetropolitan area is 19.2% lower than the national median of $85,520.
Is Southeast Iowa nonmetropolitan area a lucrative place for Compliance Officerss?
No, it is not considered lucrative compared to national averages.The average salary of $69,070 is significantly lower than the national average of $85,520. However, the cost of living is also at the national average, meaning the lower salary offers equivalent purchasing power locally.
Is Southeast Iowa nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Southeast Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Iowa nonmetropolitan area?
Some top paying nearby cities include Ames, IA ($77,110) and Des Moines-West Des Moines, IA.
How does the number of Compliance Officers in Southeast Iowa compare to the national average?
Southeast Iowa's nonmetropolitan area has a total workforce of 270 Compliance Officers, which is considerably less concentrated than the national average, as indicated by a location quotient of 0.52.
What is the job density for Compliance Officers in this region?
There are approximately 1.33 Compliance Officers per 1,000 workers in Southeast Iowa's nonmetropolitan areas, reflecting a specialized presence within the local labor market.
Does experience significantly impact a Compliance Officer's salary in Southeast Iowa?
Yes, experience is a key driver of salary growth for Compliance Officers, with senior roles commanding higher compensation than entry-level positions, reflecting increased responsibility and expertise.
How does the cost of living affect the perceived value of a Compliance Officer's salary in Southeast Iowa?
The cost of living index is 100, matching the national average. This means the $69,070 salary provides purchasing power equivalent to the national average salary in a typical U.S. location.
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 Southeast Iowa nonmetropolitan area area with a job density of 1.33 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 Southeast Iowa nonmetropolitan area