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Average Compliance Officers Salary in Utah

Compliance Officers in Utah can expect an average annual salary of $73,800, which is notably below the national average of $85,520. This disparity is often influenced by a combination of regional economic factors, industry concentration, and the specific demand within the state's regulatory and business landscape.

Executive Summary

  • Average Salary: $73,800 per year.
  • Growth Trend: Salaries have shifted 19.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $121,690.
  • Outlook: With a local workforce of 3,830 Compliance Officers, Utah presents a moderately sized professional pool. The Location Quotient of 0.87 suggests that while the profession is present, it is slightly less concentrated than the national average, indicating a stable but not exceptionally high demand relative to other occupations within the state.
2024 Market Data

Salary Overview

$73,800

The average Compliance Officers in Utah earns-13.7%below the national average.

BreakdownBased on 40h/week
Hourly

$35.5

Weekly

$1,419

Monthly

$6,150

Compliance Officers Salary Distribution in Utah

Salary progression for Compliance Officers in Utah typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized knowledge and a proven track record can command salaries in the upper percentiles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,180$19.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,350$26.6
ManagerOversees team, compliance, and project delivery.50% (Median)$64,730$31.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,250$44.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$121,690$58.5

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$73,800

Gross Pay

Real Wage (Purchasing Power)

$70,622

Adjusted for COL (104.5)

The average salary of $73,800 in Utah needs to be viewed in the context of its Cost of Living Index at 104.5. This means that while the nominal salary is below the national average, the cost of living is slightly higher than the national benchmark, suggesting that the purchasing power of a Compliance Officer's salary in Utah may be somewhat constrained compared to areas with a lower cost of living.

Job Market Context

3,830

Total Jobs

2.239

Per 1K Jobs

0.87

Location Quotient

Below Average

Utah has 0.87x 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 0.87 indicates that Compliance Officers are slightly less prevalent in Utah's workforce compared to the national average. This suggests a market that is neither oversaturated nor experiencing extreme scarcity, offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Provo-Orem-Lehi, UT Compliance Officers Salary$65,740↓ 11%13 mi
Salt Lake City-Murray, UT Compliance Officers Salary$77,550↑ 5%44 mi
Ogden, UT Compliance Officers Salary$67,640↓ 8%75 mi

Comparing salaries near Utah

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Utah?

The median annual salary for a Compliance Officers in Utah is $73,800. This typically ranges from $41,180 for entry-level positions to $121,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Utah is 13.7% lower than the national median of $85,520.

Is Utah a lucrative place for Compliance Officers?

No, not exceptionally.While Utah offers a stable job market for Compliance Officers, the average salary of $73,800 falls below the national average, and the cost of living is slightly above it.

Is Utah a good place to live for Compliance Officers?

The Cost of Living Index in Utah is 104.5. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Utah?

Some top paying nearby cities include Provo-Orem-Lehi, UT ($65,740) and Salt Lake City-Murray, UT.

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

The average annual salary for Compliance Officers in Utah is $73,800, which is $11,720 less than the national average of $85,520.

What is the concentration of Compliance Officers in Utah?

Utah has a Location Quotient of 0.87 for Compliance Officers, meaning the profession is slightly less concentrated in the state compared to the national average.

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

With a Cost of Living Index of 104.5, Utah is slightly more expensive than the national average, meaning the $73,800 salary may have less purchasing power than it would in a lower cost-of-living area.

What is the total number of Compliance Officers in Utah?

There are approximately 3,830 Compliance Officers employed in Utah.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,830 employees in the Utah area with a job density of 2.239 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 Utah