Average Compliance Officers Salary in Upper East Mississippi nonmetropolitan area
Compliance Officers in the Upper East Mississippi nonmetropolitan area earn an average annual salary of $68,260. This figure is notably below the national average of $85,520, reflecting regional economic factors and potentially lower demand for specialized compliance roles in this specific nonmetropolitan setting. The localized pay scale is intrinsically tied to the economic landscape and industry concentration within the area.
Executive Summary
- Average Salary: $68,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,060.
- Outlook: The job market for Compliance Officers in Upper East Mississippi appears relatively stable, though not robustly concentrated. With a total local workforce of 240 professionals in this field and a Location Quotient of 0.44, the demand is below the national average, suggesting a niche market. The presence of 1.136 jobs per 1,000 workers indicates a consistent, albeit modest, need for these professionals within the region.
Salary Overview
The average Compliance Officers in Upper East Mississippi nonmetropolitan area earns-20.2%below the national average.
$32.8
$1,313
$5,688
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Compliance Officers in Upper East Mississippi have experienced gradual growth over the past four years, mirroring national trends. Economic development and evolving regulatory landscapes typically drive modest increases in compensation for skilled professionals in compliance roles.
Compliance Officers Salary Distribution in Upper East Mississippi nonmetropolitan area
Career progression for Compliance Officers in Upper East Mississippi typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between starting salaries and those for experienced professionals can be substantial, often representing a 30-50% increase. These percentile gaps are key indicators of career advancement and the accumulating value of specialized knowledge and experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,200 | $16 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,195 | $24.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,730 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,325 | $41 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,060 | $50 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$68,260
Gross Pay
Real Wage (Purchasing Power)
$68,260
Adjusted for COL (100)
The nominal average salary of $68,260 in Upper East Mississippi aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, making the effective take-home pay comparable in terms of living expenses.
Job Market Context
240
Total Jobs
1.136
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Upper East Mississippi nonmetropolitan area has a notably lower concentration of Compliance Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.44 for Compliance Officers in Upper East Mississippi indicates that this profession is less concentrated in the area compared to the national average. This suggests that the job market may be less competitive, with fewer specialized roles available, and potentially a smaller pool of candidates, which could influence hiring dynamics and salary negotiations.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Jackson, MS Compliance Officers Salary | $70,960↑ 4% | 43 mi |
Comparing salaries near Upper East Mississippi nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Upper East Mississippi nonmetropolitan area?
The median annual salary for a Compliance Officers in Upper East Mississippi nonmetropolitan area is $68,260. This typically ranges from $33,200 for entry-level positions to $104,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper East Mississippi nonmetropolitan area is 20.2% lower than the national median of $85,520.
Is Upper East Mississippi nonmetropolitan area a lucrative place for Compliance Officerss?
No, it is not considered a highly lucrative area for Compliance Officers.The average salary of $68,260 is significantly lower than the national average, and the job market concentration is below the national benchmark.
Is Upper East Mississippi nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Upper East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper East Mississippi nonmetropolitan area?
Some top paying nearby cities include Jackson, MS ($70,960) and others.
How does the Upper East Mississippi salary compare to the national average?
The average salary for Compliance Officers in Upper East Mississippi is $68,260, which is considerably lower than the national average of $85,520.
What is the Cost of Living in Upper East Mississippi?
The Cost of Living Index in Upper East Mississippi is 100, which is exactly the national average, meaning local expenses are neither higher nor lower than the typical U.S. location.
Is there high demand for Compliance Officers in this region?
Demand appears moderate, with 1.136 jobs per 1,000 workers and a Location Quotient of 0.44, indicating a lower concentration of these roles compared to the national average.
How many Compliance Officers work in Upper East Mississippi?
There are approximately 240 Compliance Officers employed within the Upper East Mississippi nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Upper East Mississippi nonmetropolitan area area with a job density of 1.136 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 Upper East Mississippi nonmetropolitan area