Average Compliance Officers Salary in Western Wyoming nonmetropolitan area
Compliance Officers in the Western Wyoming nonmetropolitan area earn an average annual salary of $85,960, slightly exceeding the national average of $85,520. This marginal premium is often influenced by the unique operational demands and the need to attract skilled professionals to a less densely populated region, ensuring robust regulatory adherence across local industries.
Executive Summary
- Average Salary: $85,960 per year.
- Growth Trend: Salaries have shifted 33.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,830.
- Outlook: The local job market for Compliance Officers in Western Wyoming, with a total workforce of 210, presents a stable, albeit niche, employment landscape. The Location Quotient of 0.8 suggests a concentration slightly below the national average, indicating a moderate demand that aligns with the region's economic structure rather than a hyper-competitive market.
Salary Overview
The average Compliance Officers in Western Wyoming nonmetropolitan area earns+0.5%above the national average.
$41.3
$1,653
$7,163
Compliance Officers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Compliance Officers in Western Wyoming have likely seen consistent growth over the past four years, mirroring national trends. This upward trajectory is driven by increasing regulatory complexity and the sustained importance of compliance functions across all sectors.
Compliance Officers Salary Distribution in Western Wyoming nonmetropolitan area
Career progression for Compliance Officers in Western Wyoming typically correlates with increased compensation. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized expertise and extensive experience can command salaries well into the upper percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,850 | $22 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,470 | $31 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,580 | $40.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,450 | $51.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,830 | $61 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$85,960
Gross Pay
Real Wage (Purchasing Power)
$85,960
Adjusted for COL (100)
The nominal average salary of $85,960 in Western Wyoming aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Compliance Officer's salary in this region is equivalent to that of their national counterparts, offering a stable financial standing without the typical premium associated with higher cost-of-living areas.
Job Market Context
210
Total Jobs
2.068
Per 1K Jobs
0.8
Location Quotient
Western Wyoming nonmetropolitan area has 0.80x 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 0.8, the job market for Compliance Officers in Western Wyoming is less concentrated than the national average. This suggests that while opportunities exist, the field is not oversaturated, potentially offering a good balance between job availability and competition for qualified candidates.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Casper, WY Compliance Officers Salary | $91,510↑ 6% | 50 mi |
Comparing salaries near Western Wyoming nonmetropolitan area
Hiring Compliance Officerss?
Frequently Asked Questions
How much does a Compliance Officers make in Western Wyoming nonmetropolitan area?
The median annual salary for a Compliance Officers in Western Wyoming nonmetropolitan area is $85,960. This typically ranges from $45,850 for entry-level positions to $126,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Western Wyoming nonmetropolitan area is 0.5% higher than the national median of $85,520.
Is Western Wyoming nonmetropolitan area a lucrative place for Compliance Officers?
Yes, it offers competitive compensation.Compliance Officers in Western Wyoming earn slightly above the national average salary, with a cost of living that matches the national average, indicating strong purchasing power.
Is Western Wyoming nonmetropolitan area a good place to live for Compliance Officers?
The Cost of Living Index in Western Wyoming nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Western Wyoming nonmetropolitan area?
Some top paying nearby cities include Casper, WY ($91,510) and others.
How does the number of Compliance Officers in Western Wyoming compare to the national average?
With 2.068 jobs per 1,000 workers, the concentration of Compliance Officers in Western Wyoming is slightly below the national average, as indicated by a Location Quotient of 0.8.
What is the total number of Compliance Officers in Western Wyoming?
The total local workforce for Compliance Officers in Western Wyoming is approximately 210 individuals.
Does experience significantly impact a Compliance Officer's salary in Western Wyoming?
Yes, experience is a key factor, with senior roles commanding higher salaries than entry-level positions, reflecting a typical career progression.
Is the cost of living in Western Wyoming higher or lower than the national average?
The cost of living in Western Wyoming is exactly at the national average, with an index of 100.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Western Wyoming nonmetropolitan area area with a job density of 2.068 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 Western Wyoming nonmetropolitan area