Average Compliance Officers Salary in St. Louis, MO-IL
Compliance Officers in St. Louis, MO-IL earn an average annual salary of $78,000. This figure is notably below the national average of $85,520, suggesting that local market dynamics and potentially a slightly lower demand contribute to this compensation difference. Understanding these localized pay scales is crucial for career planning in the compliance field.
Executive Summary
- Average Salary: $78,000 per year.
- Growth Trend: Salaries have shifted 0.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,570.
- Outlook: With a local workforce of 2,790 Compliance Officers, St. Louis presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.81 indicates a presence that is slightly below the national average concentration, implying that while opportunities exist, the field is not disproportionately represented compared to other areas.
Salary Overview
The average Compliance Officers in St. Louis, MO-IL earns-8.8%below the national average.
$37.5
$1,500
$6,500
Compliance Officers Salary Trends (2020-2024)
While specific historical data for St. Louis is not provided, it is generally assumed that salaries for Compliance Officers nationwide and in major metropolitan areas like St. Louis have experienced steady growth over the past four years. This trend is driven by increasing regulatory complexity and the ongoing need for skilled professionals to ensure adherence to legal and ethical standards.
Compliance Officers Salary Distribution in St. Louis, MO-IL
Salary progression for Compliance Officers in St. Louis typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior Compliance Officers with extensive expertise and proven track records can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps clearly signify the career advancement and increased earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,740 | $21 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,500 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,930 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,500 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,570 | $58 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$78,000
Gross Pay
Real Wage (Purchasing Power)
$78,000
Adjusted for COL (100)
The average annual salary of $78,000 in St. Louis, MO-IL aligns perfectly with the national Cost of Living Index of 100. This means that the nominal salary offers a purchasing power equivalent to the national average, indicating that the cost of goods and services in St. Louis is neither a significant advantage nor a disadvantage when compared to the rest of the country.
Job Market Context
2,790
Total Jobs
2.086
Per 1K Jobs
0.81
Location Quotient
St. Louis, MO-IL has 0.81x 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 0.81 for Compliance Officers in St. Louis suggests that the job market is moderately competitive, with a slightly lower concentration of these roles compared to the national average. This indicates that while there is a solid base of employment, the market may not be saturated, potentially offering good opportunities for skilled professionals without an overwhelming number of applicants.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Springfield, IL Compliance Officers Salary | $77,330↓ 1% | 84 mi |
| Cape Girardeau, MO-IL Compliance Officers Salary | $57,900↓ 26% | 97 mi |
Comparing salaries near St. Louis, MO-IL
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in St. Louis, MO-IL?
The median annual salary for a Compliance Officers in St. Louis, MO-IL is $78,000. This typically ranges from $43,740 for entry-level positions to $120,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in St. Louis, MO-IL is 8.8% lower than the national median of $85,520.
Is St. Louis, MO-IL a lucrative place for Compliance Officers?
No, not exceptionally lucrative compared to the national average.The average salary of $78,000 is below the national average of $85,520, and the cost of living is at the national average, meaning less disposable income compared to higher-paying regions.
Is St. Louis, MO-IL a good place to live for Compliance Officers?
The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near St. Louis, MO-IL?
Some top paying nearby cities include Springfield, IL ($77,330) and Cape Girardeau, MO-IL.
How does the St. Louis Compliance Officer salary compare to the national average?
Compliance Officers in St. Louis earn an average of $78,000 annually, which is $7,520 less than the national average of $85,520.
What is the concentration of Compliance Officers in St. Louis?
The Location Quotient for Compliance Officers in St. Louis is 0.81, indicating a slightly lower concentration of these roles compared to the national average.
Does the cost of living in St. Louis affect the value of the Compliance Officer salary?
No, the Cost of Living Index in St. Louis is 100, which is the national average. Therefore, the $78,000 salary has a purchasing power equivalent to the national average.
How many Compliance Officers are employed in St. Louis?
There are approximately 2,790 Compliance Officers employed in the St. Louis, MO-IL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,790 employees in the St. Louis, MO-IL area with a job density of 2.086 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 St. Louis, MO-IL