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Average Compliance Officers Salary in Topeka, KS

Compliance Officers in Topeka, KS, can expect an average annual salary of $71,150. This figure is notably below the national average of $85,520, suggesting that local market dynamics and potentially a different industry focus in Topeka influence compensation for this role. While the nominal salary is lower, understanding the local economic context is crucial.

Executive Summary

  • Average Salary: $71,150 per year.
  • Growth Trend: Salaries have shifted 21.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,380.
  • Outlook: With a total local workforce of 320 Compliance Officers, Topeka presents a moderately concentrated market. The Location Quotient of 1.1 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable, albeit not booming, demand for their expertise within the region.
2024 Market Data

Salary Overview

$71,150

The average Compliance Officers in Topeka, KS earns-16.8%below the national average.

BreakdownBased on 40h/week
Hourly

$34.2

Weekly

$1,368

Monthly

$5,929

Compliance Officers Salary Distribution in Topeka, KS

Experience plays a significant role in the earning potential of Compliance Officers. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive expertise and a proven track record can command salaries well above the average. The percentile gaps in salary distribution clearly signify the career progression and increased value senior compliance officers bring to organizations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,740$20.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,363$25.7
ManagerOversees team, compliance, and project delivery.50% (Median)$61,880$29.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,938$42.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$107,380$51.6

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$71,150

Gross Pay

Real Wage (Purchasing Power)

$71,150

Adjusted for COL (100)

The average annual salary of $71,150 in Topeka aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of a Compliance Officer's income in Topeka is equivalent to that of someone earning the national average salary in a location with a national average cost of living.

Job Market Context

320

Total Jobs

2.836

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Topeka, KS has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.

A Location Quotient of 1.1 for Compliance Officers in Topeka suggests a job market that is slightly more concentrated than the national average. This indicates a healthy presence of these roles, implying a steady demand, but also suggests that the market may not be oversaturated, offering a reasonable balance for job seekers and employers.

Nearby Job Markets

Nearby Cities for Compliance Officers

Comparing salaries near Topeka, KS

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Topeka, KS?

The median annual salary for a Compliance Officers in Topeka, KS is $71,150. This typically ranges from $41,740 for entry-level positions to $107,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Topeka, KS is 16.8% lower than the national median of $85,520.

Is Topeka, KS a lucrative place for Compliance Officers?

No, not compared to the national average.While the cost of living is at the national average, the average salary for Compliance Officers in Topeka is significantly lower than the national average. This suggests that 'lucrative' in a comparative national sense is not applicable here.

Is Topeka, KS a good place to live for Compliance Officers?

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

Where are the highest paying cities near Topeka, KS?

Some top paying nearby cities include Lawrence, KS ($70,150) and Manhattan, KS.

What is the average salary for a Compliance Officer in Topeka, KS?

The average annual salary for a Compliance Officer in Topeka, KS, is $71,150.

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

The average salary in Topeka ($71,150) is lower than the national average ($85,520) for Compliance Officers.

What is the concentration of Compliance Officers in Topeka, KS?

Topeka has a Location Quotient of 1.1 for Compliance Officers, indicating a slightly higher concentration than the national average.

How does the cost of living in Topeka affect the salary?

Topeka's Cost of Living Index is 100, which is the national average. This means the $71,150 salary has the same purchasing power as the national average salary in a national average cost of living area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Topeka, KS area with a job density of 2.836 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.