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Average Compliance Officers Salary in Tennessee

Compliance Officers in Tennessee earn an average annual salary of $70,580, which is below the national average of $85,520. This differential is often influenced by regional economic factors, industry concentration, and the overall cost of doing business within the state.

Executive Summary

  • Average Salary: $70,580 per year.
  • Growth Trend: Salaries have shifted 9.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $111,920.
  • Outlook: With a local workforce of 8,140 Compliance Officers, Tennessee presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.96 suggests that the employment of Compliance Officers in Tennessee is very close to the national average proportion, indicating a steady demand that aligns with national trends.
2024 Market Data

Salary Overview

$70,580

The average Compliance Officers in Tennessee earns-17.5%below the national average.

BreakdownBased on 40h/week
Hourly

$33.9

Weekly

$1,357

Monthly

$5,882

Compliance Officers Salary Distribution in Tennessee

Career progression for Compliance Officers in Tennessee typically involves salary increases tied to experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized knowledge and extensive experience can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,810$19.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,935$25.4
ManagerOversees team, compliance, and project delivery.50% (Median)$63,760$30.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,225$42.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$111,920$53.8

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$70,580

Gross Pay

Real Wage (Purchasing Power)

$78,075

Adjusted for COL (90.4)

The average salary of $70,580 in Tennessee is considerably advantageous when viewed through the lens of its Cost of Living Index of 90.4. This means that the purchasing power of a Compliance Officer's salary in Tennessee is likely higher than the nominal figure suggests, as everyday expenses are, on average, less costly than the national average.

Job Market Context

8,140

Total Jobs

2.486

Per 1K Jobs

0.96

Location Quotient

Below Average

Tennessee has 0.96x 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 0.96 indicates that Tennessee's market for Compliance Officers is nearly on par with the national average in terms of concentration. This suggests a balanced job market where the number of professionals aligns well with the demand, implying a competitive but accessible environment for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Nashville-Davidson--Murfreesboro--Franklin, TN Compliance Officers Salary$70,640↑ 0%29 mi
Clarksville, TN-KY Compliance Officers Salary$60,790↓ 14%67 mi
Huntsville, AL Compliance Officers Salary$85,170↑ 21%73 mi
Decatur, AL Compliance Officers Salary$73,050↑ 3%83 mi
Florence-Muscle Shoals, AL Compliance Officers Salary$74,660↑ 6%84 mi

Comparing salaries near Tennessee

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Tennessee?

The median annual salary for a Compliance Officers in Tennessee is $70,580. This typically ranges from $39,810 for entry-level positions to $111,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tennessee is 17.5% lower than the national median of $85,520.

Is Tennessee a lucrative place for Compliance Officers?

Yes, considering the cost of living.While the nominal salary is below the national average, Tennessee's lower cost of living significantly enhances the purchasing power of a Compliance Officer's earnings, making it financially advantageous.

Is Tennessee a good place to live for Compliance Officers?

With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Tennessee?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($70,640) and Clarksville, TN-KY.

How does Tennessee's average Compliance Officer salary compare to the national average?

The average annual salary for Compliance Officers in Tennessee is $70,580, which is approximately $15,000 less than the national average of $85,520.

What is the concentration of Compliance Officers in Tennessee compared to the rest of the US?

Tennessee has a Location Quotient of 0.96 for Compliance Officers, meaning the concentration of these professionals in the state is very close to the national average.

How does the cost of living in Tennessee affect the value of a Compliance Officer's salary?

With a Cost of Living Index of 90.4 (100 being the national average), Tennessee offers a higher purchasing power for the $70,580 average salary compared to higher cost-of-living states.

What is the total number of Compliance Officers employed in Tennessee?

There are approximately 8,140 Compliance Officers employed within the state of Tennessee.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,140 employees in the Tennessee area with a job density of 2.486 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 Tennessee