Average Compliance Officers Salary in Southwest Colorado nonmetropolitan area
Compliance Officers in the Southwest Colorado nonmetropolitan area earn an average annual salary of $78,800. This figure is slightly below the national average of $85,520, reflecting the unique economic dynamics and potentially lower demand in this specific region compared to larger metropolitan hubs. The localized pay scale is influenced by factors such as the cost of doing business and the overall economic output of the area.
Executive Summary
- Average Salary: $78,800 per year.
- Growth Trend: Salaries have shifted 12.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,400.
- Outlook: The job market for Compliance Officers in Southwest Colorado is moderately stable, with a total local workforce of 270 individuals in this role. The Location Quotient of 0.98 suggests that the concentration of these professionals is very close to the national average, indicating a steady but not exceptionally high demand. With 2.536 jobs per 1,000 workers, the market offers consistent opportunities without being oversaturated.
Salary Overview
The average Compliance Officers in Southwest Colorado nonmetropolitan area earns-7.9%below the national average.
$37.9
$1,515
$6,567
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Compliance Officers in Southwest Colorado have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing regulatory complexity, the need for specialized expertise, and general inflation, ensuring that compensation keeps pace with evolving industry standards and economic conditions.
Compliance Officers Salary Distribution in Southwest Colorado nonmetropolitan area
Career progression for Compliance Officers in Southwest Colorado 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 knowledge of complex regulations and risk management can command salaries substantially higher than the average. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,720 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,100 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,320 | $34.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,500 | $47.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,400 | $53.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$78,800
Gross Pay
Real Wage (Purchasing Power)
$78,800
Adjusted for COL (100)
The nominal average salary of $78,800 in Southwest Colorado aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is comparable to that of their counterparts in an average U.S. location. While the salary is slightly lower than the national average, the equivalent cost of living suggests that the take-home pay effectively balances out, offering a stable financial standing.
Job Market Context
270
Total Jobs
2.536
Per 1K Jobs
0.98
Location Quotient
Southwest Colorado nonmetropolitan area has 0.98x 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 0.98, the job market for Compliance Officers in Southwest Colorado is nearly on par with the national average in terms of professional concentration. This indicates a balanced market where the number of Compliance Officers is neither excessively high nor unusually low relative to the general workforce. It suggests a stable demand that aligns with the typical needs of businesses operating within the region, offering a competitive yet accessible employment landscape.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Compliance Officers Salary | $82,250↑ 4% | 32 mi |
| Denver-Aurora-Centennial, CO Compliance Officers Salary | $91,290↑ 16% | 54 mi |
| Pueblo, CO Compliance Officers Salary | $75,410↓ 4% | 66 mi |
| Boulder, CO Compliance Officers Salary | $101,430↑ 29% | 67 mi |
| Greeley, CO Compliance Officers Salary | $92,130↑ 17% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Compliance Officers in Southwest Colorado nonmetropolitan area is $78,800. This typically ranges from $49,720 for entry-level positions to $111,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Colorado nonmetropolitan area is 7.9% lower than the national median of $85,520.
Is Southwest Colorado nonmetropolitan area a lucrative place for Compliance Officerss?
No, but it offers comparable purchasing power.The average salary of $78,800 is below the national average, but the cost of living also matches the national average, resulting in similar purchasing power.
Is Southwest Colorado nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($82,250) and Denver-Aurora-Centennial, CO.
How does the Compliance Officer salary in Southwest Colorado compare to the national average?
The average annual salary for Compliance Officers in Southwest Colorado is $78,800, which is approximately 7.8% lower than the national average of $85,520.
What is the Cost of Living in Southwest Colorado compared to the national average?
Southwest Colorado has a Cost of Living Index of 100, which is exactly the same as the national average, indicating that expenses for goods and services are comparable.
How concentrated is the Compliance Officer job market in Southwest Colorado?
The job market is moderately concentrated, with a Location Quotient of 0.98, very close to the national average, suggesting a stable presence of Compliance Officers relative to the overall workforce.
What is the total number of Compliance Officers in Southwest Colorado?
There are approximately 270 Compliance Officers employed in the Southwest Colorado 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 Southwest Colorado nonmetropolitan area area with a job density of 2.536 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 Southwest Colorado nonmetropolitan area