The annual salary statistics of compliance officers in Birmingham-Hoover, Alabama is shown in Table 1. The wage information of compliance officers in Birmingham-Hoover is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,010 |
| 25th Percentile Wage | $51,930 |
| 50th Percentile Wage | $74,020 |
| 75th Percentile Wage | $98,510 |
| 90th Percentile Wage | $123,320 |
Table 1 shows the average annual salary for compliance officers in Birmingham-Hoover, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $123,320. The median (50th percentile) annual salary is $74,020. The average annual salary for the bottom 10 percent earners is $38,010.
The table and chart below show the trend of the median salary of compliance officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $74,020 | -1.90% | 16.68% |
| 2021 | $75,430 | -5.37% | - |
| 2020 | $79,480 | 6.14% | - |
| 2019 | $74,600 | 2.23% | - |
| 2018 | $72,940 | 3.61% | - |
| 2017 | $70,310 | 4.15% | - |
| 2016 | $67,390 | 6.57% | - |
| 2015 | $62,960 | 4.40% | - |
| 2014 | $60,190 | 2.24% | - |
| 2013 | $58,840 | -4.81% | - |
| 2012 | $61,670 | - | - |
From Table 3 we note that with a median annual salary of $74,020, Birmingham-Hoover is the second highest paying city for compliance officers in state of Alabama, following the highest paying city Huntsville (median annual salary of $79,660). Compared with Huntsville, the median annual salary of compliance officers in Birmingham-Hoover is 7.1 percent (7.1%) lower.