Average Compliance Officers Salary in Southwest Minnesota nonmetropolitan area
The average salary for Compliance Officerss in Southwest Minnesota nonmetropolitan area is $71,240. While this is lower than the national average, the cost of living in Southwest Minnesota nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $71,240 per year.
- Growth Trend: Salaries have shifted 8.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,900.
- Outlook: The current demand for Compliance Officerss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Southwest Minnesota nonmetropolitan area economy.
Salary Overview
The average Compliance Officers in Southwest Minnesota nonmetropolitan area earns-16.7%below the national average.
$34.3
$1,370
$5,937
Compliance Officers Salary Trends (2020-2024)
Over the past 4 years, Compliance Officers salaries in Southwest Minnesota nonmetropolitan area have remained stable with a modest increase of 8.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Compliance Officers Salary Distribution in Southwest Minnesota nonmetropolitan area
The earning potential for Compliance Officerss in Southwest Minnesota nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $50,750, while highly experienced professionals can command wages upwards of $94,900.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,750 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,430 | $25.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $67,750 | $32.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,050 | $42.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $94,900 | $45.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$71,240
Gross Pay
Real Wage (Purchasing Power)
$71,240
Adjusted for COL (100)
In Southwest Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $71,240 to $71,240.
Job Market Context
130
Total Jobs
1.097
Per 1K Jobs
0.43
Location Quotient
At 0.43x, Southwest Minnesota nonmetropolitan area has a notably lower concentration of Compliance Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
130 people work as Compliance Officers in Southwest Minnesota nonmetropolitan area.
1.097 out of every 1,000 local jobs are Compliance Officers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Compliance Officers Salary | $75,450↑ 6% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Compliance Officers Salary | $94,470↑ 33% | 58 mi |
Comparing salaries near Southwest Minnesota nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Southwest Minnesota nonmetropolitan area?
The median annual salary for a Compliance Officers in Southwest Minnesota nonmetropolitan area is $71,240. This typically ranges from $50,750 for entry-level positions to $94,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Minnesota nonmetropolitan area is 16.7% lower than the national median of $85,520.
Is Southwest Minnesota nonmetropolitan area a good place for Compliance Officerss?
It depends on your priorities. While the average Compliance Officers salary in Southwest Minnesota nonmetropolitan area is $71,240 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest Minnesota nonmetropolitan area. See distinct detailed breakdown below.
Is Southwest Minnesota nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($75,450) and Minneapolis-St. Paul-Bloomington, MN-WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 1.097 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 Minnesota nonmetropolitan area