The annual salary statistics of compliance officers in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage information of compliance officers in Grand Rapids-Wyoming 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 | $40,230 |
| 25th Percentile Wage | $48,910 |
| 50th Percentile Wage | $62,120 |
| 75th Percentile Wage | $78,080 |
| 90th Percentile Wage | $102,350 |
Table 1 shows the average annual salary for compliance officers in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $102,350. The median (50th percentile) annual salary is $62,120. The average annual salary for the bottom 10 percent earners is $40,230.
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 | $62,120 | -1.69% | 5.18% |
| 2021 | $63,170 | 2.99% | - |
| 2020 | $61,280 | -1.86% | - |
| 2019 | $62,420 | -1.87% | - |
| 2018 | $63,590 | -4.48% | - |
| 2017 | $66,440 | 1.73% | - |
| 2016 | $65,290 | 3.12% | - |
| 2015 | $63,250 | 3.62% | - |
| 2014 | $60,960 | 4.18% | - |
| 2013 | $58,410 | -0.84% | - |
| 2012 | $58,900 | - | - |
From Table 3 we note that the median annual salary of $62,120 in Grand Rapids-Wyoming is in the middle of salary range for compliance officers in state of Michigan. In comparison, the annual salary of compliance officers in Grand Rapids-Wyoming is 25.2 percent (25.2%) lower than that in the highest paying Detroit-Livonia-Dearborn and 7.3 percent (7.3%) higher than that in the lowest paying Saginaw-Saginaw Township North.