Average Compliance Officers Salary in West Northwestern Ohio nonmetropolitan area
Compliance Officers in the West Northwestern Ohio nonmetropolitan area earn an average annual salary of $71,810. This figure is notably below the national average of $85,520, reflecting regional economic factors and a lower concentration of specialized roles. The specific pay scale in this area is influenced by the local demand and the overall economic landscape of nonmetropolitan regions.
Executive Summary
- Average Salary: $71,810 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,290.
- Outlook: The job market for Compliance Officers in West Northwestern Ohio is characterized by a modest workforce of 330 individuals. The location quotient of 0.51 suggests a lower concentration of these professionals compared to the national average, indicating a potentially less saturated but also less specialized local market. With 1.319 jobs per 1,000 workers, the demand, while present, is not exceptionally high, suggesting a stable but not rapidly expanding employment environment.
Salary Overview
The average Compliance Officers in West Northwestern Ohio nonmetropolitan area earns-16.0%below the national average.
$34.5
$1,381
$5,984
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth for Compliance Officers over the past four years, mirroring national patterns. Factors such as increasing regulatory complexity and a growing emphasis on corporate governance likely contribute to upward pressure on compensation, even in less urbanized regions.
Compliance Officers Salary Distribution in West Northwestern Ohio nonmetropolitan area
Salary progression for Compliance Officers typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive expertise and specialized certifications can command substantially higher salaries. The percentile gaps in compensation clearly signify career progression, with senior roles often earning well above the average, reflecting increased responsibility and proven value.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,510 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,858 | $25.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,850 | $30.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,763 | $43.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,290 | $51.6 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$71,810
Gross Pay
Real Wage (Purchasing Power)
$71,810
Adjusted for COL (100)
The average annual salary of $71,810 in West Northwestern Ohio aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to the national standard, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
330
Total Jobs
1.319
Per 1K Jobs
0.51
Location Quotient
West Northwestern Ohio nonmetropolitan area has 0.51x 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.
With a Location Quotient of 0.51, the market for Compliance Officers in West Northwestern Ohio is less concentrated than the national average. This suggests that while there are fewer Compliance Officers relative to the general workforce compared to national benchmarks, the demand may still be consistent. It indicates a market that is not oversaturated, potentially offering opportunities for skilled professionals, though the overall volume of roles might be lower.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Mansfield, OH Compliance Officers Salary | $68,130↓ 5% | 29 mi |
| Columbus, OH Compliance Officers Salary | $82,350↑ 15% | 32 mi |
| Springfield, OH Compliance Officers Salary | $60,090↓ 16% | 63 mi |
| Sandusky, OH Compliance Officers Salary | $76,680↑ 7% | 73 mi |
| Lima, OH Compliance Officers Salary | $73,550↑ 2% | 75 mi |
Comparing salaries near West Northwestern Ohio nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in West Northwestern Ohio nonmetropolitan area?
The median annual salary for a Compliance Officers in West Northwestern Ohio nonmetropolitan area is $71,810. This typically ranges from $45,510 for entry-level positions to $107,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Northwestern Ohio nonmetropolitan area is 16.0% lower than the national median of $85,520.
Is West Northwestern Ohio nonmetropolitan area a lucrative place for Compliance Officers?
No, it is not considered a highly lucrative area for Compliance Officers.The average salary of $71,810 is significantly below the national average, and while the cost of living is also average, the lower pay scale indicates less financial advantage compared to national benchmarks.
Is West Northwestern Ohio nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in West Northwestern Ohio nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Northwestern Ohio nonmetropolitan area?
Some top paying nearby cities include Mansfield, OH ($68,130) and Columbus, OH.
How does the total local workforce size affect Compliance Officer jobs?
A total local workforce of 330 suggests a smaller labor pool, which can sometimes lead to less competition for roles but also potentially fewer overall job openings compared to larger metropolitan areas.
What does a Location Quotient of 0.51 mean for job seekers?
A Location Quotient of 0.51 indicates that Compliance Officers are less concentrated in this region than the national average. This could mean fewer specialized roles but potentially less competition for available positions.
How does the Cost of Living Index of 100 impact the salary?
An index of 100 means the cost of living is exactly at the national average. Therefore, the $71,810 salary has the same purchasing power as the national average salary, indicating a balanced financial environment.
Are there many Compliance Officer jobs per 1,000 workers in this area?
With 1.319 jobs per 1,000 workers, the density of Compliance Officer roles is moderate, suggesting a steady but not abundant presence of these positions within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the West Northwestern Ohio nonmetropolitan area area with a job density of 1.319 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 West Northwestern Ohio nonmetropolitan area