Average Compliance Officers Salary in Virginia
Compliance Officers in Virginia earn an average annual salary of $85,780, a figure that marginally surpasses the national average of $85,520. This slight premium is often attributed to the state's robust regulatory environment and the concentration of industries requiring specialized compliance expertise, driving demand and compensation for these critical roles.
Executive Summary
- Average Salary: $85,780 per year.
- Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $125,900.
- Outlook: With a substantial local workforce of 15,120 Compliance Officers and a Location Quotient of 1.44, Virginia demonstrates a significant concentration of these professionals compared to the national average. This indicates a robust and potentially growing job market, suggesting strong demand for compliance expertise within the state.
Salary Overview
The average Compliance Officers in Virginia earns+0.3%above the national average.
$41.2
$1,650
$7,148
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Compliance Officers in Virginia have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing regulatory complexity, evolving industry standards, and a sustained demand for skilled professionals to ensure adherence to legal and ethical frameworks.
Compliance Officers Salary Distribution in Virginia
The salary landscape for Compliance Officers in Virginia typically shows a clear progression with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and specialized certifications can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential as one climbs the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,430 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,335 | $30.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,990 | $38.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,225 | $51.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $125,900 | $60.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$85,780
Gross Pay
Real Wage (Purchasing Power)
$84,596
Adjusted for COL (101.4)
The average annual salary of $85,780 in Virginia for Compliance Officers aligns closely with the state's Cost of Living Index of 101.4. This means that while the nominal salary is slightly above the national average, the purchasing power of that salary is very close to the national average, indicating a relatively balanced economic environment for these professionals.
Job Market Context
15,120
Total Jobs
3.719
Per 1K Jobs
1.44
Location Quotient
With a location quotient of 1.44, Virginia has a slightly higher-than-average concentration of Compliance Officers roles compared to the national norm.
A Location Quotient of 1.44 signifies that Compliance Officers are 44% more concentrated in Virginia than the national average. This suggests a competitive market where employers may need to offer attractive compensation packages to secure top talent, while also indicating a readily available pool of experienced professionals for hiring managers.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Compliance Officers Salary | $80,000↓ 7% | 25 mi |
| Richmond, VA Compliance Officers Salary | $78,510↓ 8% | 41 mi |
| Staunton-Stuarts Draft, VA Compliance Officers Salary | $63,800↓ 26% | 56 mi |
| Harrisonburg, VA Compliance Officers Salary | $72,930↓ 15% | 60 mi |
| Lynchburg, VA Compliance Officers Salary | $66,350↓ 23% | 61 mi |
Comparing salaries near Virginia
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Virginia?
The median annual salary for a Compliance Officers in Virginia is $85,780. This typically ranges from $47,430 for entry-level positions to $125,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia is 0.3% higher than the national median of $85,520.
Is Virginia a lucrative place for Compliance Officers?
Yes, Virginia offers a slightly more lucrative environment for Compliance Officers compared to the national average.The average salary of $85,780 slightly exceeds the national average, and the high concentration of these roles (LQ of 1.44) suggests strong demand within the state.
Is Virginia a good place to live for Compliance Officers?
The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia?
Some top paying nearby cities include Charlottesville, VA ($80,000) and Richmond, VA.
What is the average salary for a Compliance Officer in Virginia?
The average annual salary for a Compliance Officer in Virginia is $85,780.
How does Virginia's salary compare to the national average for Compliance Officers?
Virginia's average salary of $85,780 is slightly higher than the national average of $85,520.
Is the job market for Compliance Officers strong in Virginia?
Yes, with a substantial workforce and a Location Quotient of 1.44, the job market for Compliance Officers in Virginia appears robust and concentrated.
How does the cost of living in Virginia affect a Compliance Officer's salary?
With a Cost of Living Index of 101.4, the $85,780 salary in Virginia offers purchasing power very close to the national average, indicating a balanced economic scenario.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,120 employees in the Virginia area with a job density of 3.719 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 Virginia