The annual salary statistics of compliance officers in Rochester, Minnesota is shown in Table 1. The wage statistics of compliance officers in Rochester 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 | $50,550 |
| 25th Percentile Wage | $62,000 |
| 50th Percentile Wage | $79,100 |
| 75th Percentile Wage | $94,000 |
| 90th Percentile Wage | $109,080 |
Table 1 shows the average annual salary for compliance officers in Rochester, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $109,080. The median (50th percentile) annual salary is $79,100. The average annual salary for the bottom 10 percent earners is $50,550.
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 | $79,100 | 3.44% | 23.97% |
| 2021 | $76,380 | 5.37% | - |
| 2020 | $72,280 | 10.89% | - |
| 2019 | $64,410 | 4.70% | - |
| 2018 | $61,380 | -1.68% | - |
| 2017 | $62,410 | -6.17% | - |
| 2016 | $66,260 | -3.11% | - |
| 2015 | $68,320 | -0.53% | - |
| 2014 | $68,680 | 5.26% | - |
| 2013 | $65,070 | 7.58% | - |
| 2012 | $60,140 | - | - |
From Table 3 we note that with a median annual salary of $79,100, Rochester is the second highest paying city for compliance officers in state of Minnesota, following the highest paying city Northeast Minnesota nonmetropolitan area (median annual salary of $81,990). Compared with Northeast Minnesota nonmetropolitan area, the median annual salary of compliance officers in Rochester is 3.5 percent (3.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Northeast Minnesota nonmetropolitan area | |
| Rochester | |
| Mankato-North Mankato | |
| Northwest Minnesota nonmetropolitan area | |
| Southeast Minnesota nonmetropolitan area | |
| St Cloud | |
| Southwest Minnesota nonmetropolitan area |