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Average Compliance Officers Salary in Springfield, MO

Compliance Officers in Springfield, MO, earn an average annual salary of $64,240. This figure is notably lower than the national average of $85,520, reflecting regional economic factors and the specific demand within the Springfield labor market. Localized market dynamics and industry concentration play a significant role in shaping compensation for these crucial roles.

Executive Summary

  • Average Salary: $64,240 per year.
  • Growth Trend: Salaries have shifted 5.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,630.
  • Outlook: The Compliance Officer job market in Springfield, MO, is characterized by a local workforce of 330 professionals. With a Location Quotient of 0.58, the concentration of these roles is below the national average, suggesting a moderate but not exceptionally high demand relative to other occupations. The rate of 1.487 jobs per 1,000 workers indicates a steady presence of compliance needs within the local economy.
2024 Market Data

Salary Overview

$64,240

The average Compliance Officers in Springfield, MO earns-24.9%below the national average.

BreakdownBased on 40h/week
Hourly

$30.9

Weekly

$1,235

Monthly

$5,353

Compliance Officers Salary Distribution in Springfield, MO

Experience significantly influences a Compliance Officer's earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive expertise and specialized certifications can command substantially higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding accumulated knowledge and demonstrated success in managing complex compliance frameworks.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,720$17.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,180$23.2
ManagerOversees team, compliance, and project delivery.50% (Median)$57,220$27.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$80,300$38.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,630$50.8

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$64,240

Gross Pay

Real Wage (Purchasing Power)

$64,240

Adjusted for COL (100)

The average annual salary of $64,240 for Compliance Officers in Springfield, MO, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of a Compliance Officer's salary in Springfield is comparable to that of someone earning the national average salary in a location with a national average cost of living.

Job Market Context

330

Total Jobs

1.487

Per 1K Jobs

0.58

Location Quotient

Below Average

Springfield, MO has 0.58x 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 0.58 for Compliance Officers in Springfield, MO, indicates that this profession is less concentrated locally compared to the national average. This suggests that while the role is present, the market may not be saturated, potentially offering opportunities for skilled professionals. However, it also implies that the demand might be more niche or specialized within the Springfield area.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Joplin, MO-KS Compliance Officers Salary$62,150↓ 3%67 mi
Fayetteville-Springdale-Rogers, AR Compliance Officers Salary$93,090↑ 45%91 mi

Comparing salaries near Springfield, MO

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Springfield, MO?

The median annual salary for a Compliance Officers in Springfield, MO is $64,240. This typically ranges from $36,720 for entry-level positions to $105,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MO is 24.9% lower than the national median of $85,520.

Is Springfield, MO a lucrative place for Compliance Officers?

No, not compared to the national average.Compliance Officers in Springfield, MO, earn approximately $21,280 less than the national average. While the cost of living is average, the lower salary indicates less lucrative compensation in this specific location.

Is Springfield, MO a good place to live for Compliance Officers?

The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MO?

Some top paying nearby cities include Joplin, MO-KS ($62,150) and Fayetteville-Springdale-Rogers, AR.

What is the average salary for a Compliance Officer in Springfield, MO?

The average annual salary for a Compliance Officer in Springfield, MO, is $64,240.

How does Springfield, MO's cost of living compare to the national average?

Springfield, MO's cost of living is exactly at the national average, with a Cost of Living Index of 100.

Is there high demand for Compliance Officers in Springfield, MO?

The demand is moderate, indicated by a Location Quotient of 0.58, which is below the national average, suggesting a less concentrated presence of these roles compared to other occupations.

How many Compliance Officers are there in Springfield, MO?

There are approximately 330 Compliance Officers working in Springfield, MO.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Springfield, MO area with a job density of 1.487 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Compliance Officers • Data source: BLS OEWS 2024 •Jobs in Springfield, MO