Average Compliance Officers Salary in Spokane-Spokane Valley, WA
Compliance Officers in Spokane-Spokane Valley, WA earn an average annual salary of $81,100. This figure is slightly below the national average of $85,520, indicating a localized compensation structure influenced by regional economic factors and industry demand within the state. While not reaching the national benchmark, the Spokane area offers a competitive salary environment for these crucial roles.
Executive Summary
- Average Salary: $81,100 per year.
- Growth Trend: Salaries have shifted 16.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,070.
- Outlook: The Spokane-Spokane Valley, WA market supports a local workforce of 740 Compliance Officers, with 2.895 jobs per 1,000 workers. A Location Quotient of 1.12 suggests a slightly higher concentration of these roles compared to the national average, pointing to a stable and potentially growing demand for compliance professionals in the region.
Salary Overview
The average Compliance Officers in Spokane-Spokane Valley, WA earns-5.2%below the national average.
$39
$1,560
$6,758
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Spokane-Spokane Valley, WA have experienced growth over the past four years, mirroring national trends. Economic expansion, evolving regulatory landscapes, and increased demand for specialized compliance expertise typically drive upward salary adjustments in most professional fields.
Compliance Officers Salary Distribution in Spokane-Spokane Valley, WA
The career trajectory for Compliance Officers in Spokane-Spokane Valley, WA typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more responsibility, their earning potential escalates. The gap between entry-level and senior-level salaries reflects this progression and the increased value senior officers bring to organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,080 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,825 | $29.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,670 | $36.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,375 | $48.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,070 | $57.7 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$81,100
Gross Pay
Real Wage (Purchasing Power)
$81,100
Adjusted for COL (100)
With an average annual salary of $81,100 and a Cost of Living Index of 100 (matching the national average), Compliance Officers in Spokane-Spokane Valley, WA experience a salary that directly reflects the national cost of living. This means that the purchasing power of their income is comparable to that of their counterparts in an average U.S. city, offering a stable financial foundation.
Job Market Context
740
Total Jobs
2.895
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, Spokane-Spokane Valley, WA has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
The Location Quotient of 1.12 for Compliance Officers in Spokane-Spokane Valley, WA indicates a market that is slightly more concentrated than the national average. This suggests that while the profession is well-established and in demand, the job market may be moderately competitive, with a steady supply of talent available to meet employer needs.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Coeur d'Alene, ID Compliance Officers Salary | $68,610↓ 15% | 30 mi |
| Lewiston, ID-WA Compliance Officers Salary | $63,680↓ 21% | 90 mi |
Comparing salaries near Spokane-Spokane Valley, WA
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Spokane-Spokane Valley, WA?
The median annual salary for a Compliance Officers in Spokane-Spokane Valley, WA is $81,100. This typically ranges from $50,080 for entry-level positions to $120,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Spokane-Spokane Valley, WA is 5.2% lower than the national median of $85,520.
Is Spokane-Spokane Valley, WA a lucrative place for Compliance Officers?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $81,100 aligns perfectly with the national cost of living index of 100, providing strong purchasing power. Furthermore, the slightly above-average concentration of these roles suggests consistent demand.
Is Spokane-Spokane Valley, WA a good place to live for Compliance Officers?
The Cost of Living Index in Spokane-Spokane Valley, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Spokane-Spokane Valley, WA?
Some top paying nearby cities include Coeur d'Alene, ID ($68,610) and Lewiston, ID-WA.
How does the Spokane-Spokane Valley, WA salary compare to the national average?
The average annual salary for Compliance Officers in Spokane-Spokane Valley, WA is $81,100, which is slightly lower than the national average of $85,520.
What is the cost of living in Spokane-Spokane Valley, WA?
The Cost of Living Index for Spokane-Spokane Valley, WA is 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical U.S. city.
How many Compliance Officers are there in Spokane-Spokane Valley, WA?
There are approximately 740 Compliance Officers in the Spokane-Spokane Valley, WA metropolitan area.
Is the demand for Compliance Officers high in Spokane-Spokane Valley, WA?
With 2.895 jobs per 1,000 workers and a Location Quotient of 1.12, the demand for Compliance Officers in Spokane-Spokane Valley, WA is slightly above the national average, indicating a healthy job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 740 employees in the Spokane-Spokane Valley, WA area with a job density of 2.895 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 Spokane-Spokane Valley, WA