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Average Compliance Officers Salary in Tampa-St. Petersburg-Clearwater, FL

Compliance Officers in the Tampa-St. Petersburg-Clearwater, FL metropolitan area earn an average annual salary of $80,160. 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 Florida. While not reaching the national benchmark, this salary reflects the critical role compliance professionals play in the local business landscape.

Executive Summary

  • Average Salary: $80,160 per year.
  • Growth Trend: Salaries have shifted 15.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,800.
  • Outlook: The Tampa-St. Petersburg-Clearwater area demonstrates a robust job market for Compliance Officers, with a total local workforce of 3,980 individuals in this role. The Location Quotient of 1.07 suggests a slightly higher concentration of these professionals compared to the national average, implying consistent demand and a stable employment environment for those in the field.
2024 Market Data

Salary Overview

$80,160

The average Compliance Officers in Tampa-St. Petersburg-Clearwater, FL earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$38.5

Weekly

$1,542

Monthly

$6,680

Compliance Officers Salary Distribution in Tampa-St. Petersburg-Clearwater, FL

Career progression for Compliance Officers in Tampa-St. Petersburg-Clearwater typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior Compliance Officers, with extensive expertise and leadership responsibilities, can command salaries well into the upper percentiles, reflecting their value and the depth of their knowledge.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,970$21.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,120$28.9
ManagerOversees team, compliance, and project delivery.50% (Median)$73,280$35.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,200$48.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,800$61

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$80,160

Gross Pay

Real Wage (Purchasing Power)

$80,160

Adjusted for COL (100)

The average annual salary of $80,160 for Compliance Officers in Tampa-St. Petersburg-Clearwater aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national standard, offering a stable financial standing for professionals relocating to or residing in the area.

Job Market Context

3,980

Total Jobs

2.757

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Tampa-St. Petersburg-Clearwater, FL has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.

With a Location Quotient of 1.07, the Tampa-St. Petersburg-Clearwater market shows a slightly higher concentration of Compliance Officers than the national average. This indicates a healthy, competitive job market where demand is present and potentially growing, offering good opportunities for both job seekers and employers within the compliance field.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Tampa-St. Petersburg-Clearwater, FL

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Tampa-St. Petersburg-Clearwater, FL?

The median annual salary for a Compliance Officers in Tampa-St. Petersburg-Clearwater, FL is $80,160. This typically ranges from $44,970 for entry-level positions to $126,800 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tampa-St. Petersburg-Clearwater, FL is 6.3% lower than the national median of $85,520.

Is Tampa-St. Petersburg-Clearwater, FL a lucrative place for Compliance Officers?

Yes, it offers competitive compensation relative to its cost of living.Compliance Officers in this area earn $80,160, which aligns with the national average cost of living. The slightly higher concentration of these roles suggests a stable and potentially growing job market.

Is Tampa-St. Petersburg-Clearwater, FL a good place to live for Compliance Officers?

The Cost of Living Index in Tampa-St. Petersburg-Clearwater, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Tampa-St. Petersburg-Clearwater, FL?

Some top paying nearby cities include Lakeland-Winter Haven, FL ($72,660) and North Florida nonmetropolitan area.

How does the Tampa Compliance Officer salary compare to the national average?

The average salary for Compliance Officers in Tampa-St. Petersburg-Clearwater is $80,160, which is slightly lower than the national average of $85,520.

What is the total number of Compliance Officers in the Tampa area?

There are approximately 3,980 Compliance Officers working in the Tampa-St. Petersburg-Clearwater metropolitan area.

Is the job market for Compliance Officers strong in Tampa?

Yes, the Location Quotient of 1.07 indicates a slightly higher concentration of Compliance Officers than the national average, suggesting a robust and competitive market.

How does the cost of living in Tampa affect the Compliance Officer salary?

The Cost of Living Index in Tampa is 100, matching the national average. Therefore, the $80,160 salary has purchasing power equivalent to the national average, making it a stable financial proposition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,980 employees in the Tampa-St. Petersburg-Clearwater, FL area with a job density of 2.757 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.