Average Compliance Officers Salary in York-Hanover, PA
Compliance Officers in the York-Hanover, PA area earn an average annual salary of $80,700. This figure is slightly below the national average of $85,520, a common occurrence in regions with a cost of living that precisely mirrors the national benchmark. Local economic factors and industry demand within the York-Hanover region contribute to this salary differential.
Executive Summary
- Average Salary: $80,700 per year.
- Growth Trend: Salaries have shifted 9.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $144,660.
- Outlook: The York-Hanover, PA market for Compliance Officers is characterized by a local workforce of 290 professionals. With a Location Quotient of 0.62, the concentration of these roles is below the national average, suggesting a moderately developed but not oversaturated market. The rate of 1.603 jobs per 1,000 workers indicates a steady, albeit not exceptionally high, demand for compliance expertise in the area.
Salary Overview
The average Compliance Officers in York-Hanover, PA earns-5.6%below the national average.
$38.8
$1,552
$6,725
Compliance Officers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Compliance Officers across the nation, including in regions like York-Hanover, PA, have experienced consistent growth over the past four years. This upward trend is typically driven by increasing regulatory complexity, a greater emphasis on corporate governance, and the ongoing need for skilled professionals to navigate these evolving landscapes.
Compliance Officers Salary Distribution in York-Hanover, PA
Career progression for Compliance Officers in York-Hanover, PA, is typically marked by salary increases corresponding to experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized knowledge can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies significant opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,390 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,525 | $29.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,570 | $33.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $100,875 | $48.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $144,660 | $69.5 |
Detailed Compliance Officers Market Analysis
Relocation Context
Nominal Salary
$80,700
Gross Pay
Real Wage (Purchasing Power)
$80,700
Adjusted for COL (100)
The nominal average salary of $80,700 for Compliance Officers in York-Hanover, PA, is directly aligned with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in York-Hanover is equivalent to the national average. Consequently, relocating to this area does not present a significant advantage or disadvantage in terms of the cost of living relative to income.
Job Market Context
290
Total Jobs
1.603
Per 1K Jobs
0.62
Location Quotient
York-Hanover, PA has 0.62x 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 0.62 for Compliance Officers in York-Hanover, PA, indicates that the concentration of these jobs is lower than the national average. This suggests that the job market for Compliance Officers in this specific metropolitan area is less dense compared to the rest of the country. While not necessarily a sign of low demand, it implies that the field is not a dominant industry within the local economy, potentially leading to a more specialized or niche job search.
Nearby Job Markets
Nearby Cities for Compliance Officers
| City | Salary | Dist. |
|---|---|---|
| Harrisburg-Carlisle, PA Compliance Officers Salary | $75,610↓ 6% | 23 mi |
| Lancaster, PA Compliance Officers Salary | $67,900↓ 16% | 23 mi |
| Gettysburg, PA Compliance Officers Salary | $62,790↓ 22% | 28 mi |
| Lebanon, PA Compliance Officers Salary | $76,650↓ 5% | 31 mi |
| Baltimore-Columbia-Towson, MD Compliance Officers Salary | $90,870↑ 13% | 47 mi |
Comparing salaries near York-Hanover, PA
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Frequently Asked Questions
How much does a Compliance Officers make in York-Hanover, PA?
The median annual salary for a Compliance Officers in York-Hanover, PA is $80,700. This typically ranges from $41,390 for entry-level positions to $144,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in York-Hanover, PA is 5.6% lower than the national median of $85,520.
Is York-Hanover, PA a lucrative place for Compliance Officers?
No, it is not exceptionally lucrative compared to the national average.The average salary of $80,700 is below the national average of $85,520, although the cost of living is on par with the national average.
Is York-Hanover, PA a good place to live for Compliance Officers?
The Cost of Living Index in York-Hanover, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near York-Hanover, PA?
Some top paying nearby cities include Harrisburg-Carlisle, PA ($75,610) and Lancaster, PA.
How does the York-Hanover, PA salary compare to the national average?
Compliance Officers in York-Hanover, PA, earn an average of $80,700 annually, which is approximately 5.6% lower than the national average of $85,520.
What is the cost of living in York-Hanover, PA for Compliance Officers?
The cost of living in York-Hanover, PA, is exactly at the national average, indicated by a Cost of Living Index of 100.
Is there high demand for Compliance Officers in York-Hanover, PA?
With a Location Quotient of 0.62, the concentration of Compliance Officers is below the national average, suggesting moderate demand rather than exceptionally high demand.
How many Compliance Officers are there in York-Hanover, PA?
The total local workforce for Compliance Officers in York-Hanover, PA, consists of 290 professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the York-Hanover, PA area with a job density of 1.603 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 York-Hanover, PA