Compliance Officers Salary in Baltimore, MD

In Baltimore, MD, compliance officers earn a median annual salary of $83,400, which is higher than the national median of $78,420 for this occupation. This figure translates to a median hourly wage of $40.10. When compared to the local area's median household income of $97,300, compliance officer earnings represent approximately 86% of the typical household income in Baltimore. This suggests that individuals working as compliance officers generally earn a salary close to what an average family earns in this locality. With an estimated employment figure of 4,480 compliance officers in the region and a relatively low local unemployment rate of 3.10%, the profession appears stable and well-compensated within the Baltimore job market.

When examining the earnings spectrum for compliance officers in Baltimore, entry-level workers, represented by those at the 10th percentile, earn around $51,780 annually. In contrast, experienced professionals who are at the higher end of the income distribution, specifically at the 90th percentile, can earn up to approximately $132,220 annually. The significant difference between these figures highlights several factors that contribute to wage variance within the profession. Experience and tenure are key drivers, as more seasoned officers may possess advanced skills or have taken on additional responsibilities such as supervisory roles. Additionally, variations in salary could be attributed to differences in employers, with larger organizations often offering higher pay due to their resources and budgetary capabilities. Specialized knowledge, particularly in areas like financial services or healthcare compliance, can also command a premium, further driving the gap between entry-level and experienced salaries.