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Average Compliance Officers Salary in Worcester, MA

Compliance Officers in Worcester, MA, earn an average annual salary of $87,830, slightly exceeding the national average of $85,520. This localized pay reflects the specific economic conditions and demand within the Worcester metropolitan area, influencing compensation for specialized roles.

Executive Summary

  • Average Salary: $87,830 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,690.
  • Outlook: With a local workforce of 630 Compliance Officers and a Location Quotient of 0.7, Worcester presents a moderately concentrated but stable job market for this profession. While not as densely populated with compliance roles as the national average, the existing workforce suggests consistent demand and opportunities for skilled professionals.
2024 Market Data

Salary Overview

$87,830

The average Compliance Officers in Worcester, MA earns+2.7%above the national average.

BreakdownBased on 40h/week
Hourly

$42.2

Weekly

$1,689

Monthly

$7,319

Compliance Officers Salary Distribution in Worcester, MA

Career progression for Compliance Officers in Worcester is typically marked by significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and take on more complex responsibilities, their earning potential can advance substantially, with senior roles commanding top-tier compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,790$27.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,873$31.7
ManagerOversees team, compliance, and project delivery.50% (Median)$81,470$39.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$109,788$52.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$127,690$61.4

Detailed Compliance Officers Market Analysis

Relocation Context

Nominal Salary

$87,830

Gross Pay

Real Wage (Purchasing Power)

$87,830

Adjusted for COL (100)

The average annual salary of $87,830 in Worcester 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 Worcester is equivalent to the national average, offering a stable financial standing without significant cost-of-living adjustments.

Job Market Context

630

Total Jobs

1.799

Per 1K Jobs

0.7

Location Quotient

Below Average

Worcester, MA has 0.70x 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 0.7 indicates that Compliance Officer roles are slightly less concentrated in Worcester compared to the national average. This suggests a job market that is neither oversaturated nor exceptionally scarce, offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Compliance Officers

CitySalaryDist.
Massachusetts nonmetropolitan area Compliance Officers Salary$88,960↑ 1%14 mi
Providence-Warwick, RI-MA Compliance Officers Salary$86,060↓ 2%37 mi
Amherst Town-Northampton, MA Compliance Officers Salary$82,120↓ 7%37 mi
Boston-Cambridge-Newton, MA-NH Compliance Officers Salary$98,760↑ 12%37 mi
Springfield, MA Compliance Officers Salary$83,140↓ 5%39 mi

Comparing salaries near Worcester, MA

Hiring Compliance Officerss?

Frequently Asked Questions

How much does a Compliance Officers make in Worcester, MA?

The median annual salary for a Compliance Officers in Worcester, MA is $87,830. This typically ranges from $56,790 for entry-level positions to $127,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Worcester, MA is 2.7% higher than the national median of $85,520.

Is Worcester, MA a lucrative place for Compliance Officers?

Yes, Worcester, MA offers competitive compensation for Compliance Officers.The average salary of $87,830 is above the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.

Is Worcester, MA a good place to live for Compliance Officers?

The Cost of Living Index in Worcester, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Worcester, MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($88,960) and Providence-Warwick, RI-MA.

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

Compliance Officers in Worcester, MA, earn an average of $87,830 annually, which is slightly higher than the national average of $85,520.

What is the concentration of Compliance Officers in Worcester compared to the rest of the US?

Worcester has a Location Quotient of 0.7 for Compliance Officers, meaning the profession is slightly less concentrated there than the national average.

Does the cost of living in Worcester affect the value of a Compliance Officer's salary?

No, Worcester's Cost of Living Index is 100, which is the national average. Therefore, the average salary of $87,830 holds its purchasing power effectively within the local economy.

How many Compliance Officer jobs are there per 1,000 workers in Worcester?

There are approximately 1.8 jobs per 1,000 workers for Compliance Officers in Worcester, MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Worcester, MA area with a job density of 1.799 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 Worcester, MA