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Average Payroll and Timekeeping Clerks Salary in Akron, OH

In Akron, OH, Payroll and Timekeeping Clerks earn an average annual salary of $54,470. This figure is slightly below the national average of $56,360, indicating that while the demand is present, local economic factors and the specific industry mix in Akron may influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $54,470 per year.
  • Growth Trend: Salaries have shifted 17.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,700.
  • Outlook: With a local workforce of 350 Payroll and Timekeeping Clerks, Akron presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 1.08 suggests a slightly higher concentration of these roles in Akron compared to the national average, implying a steady demand that aligns with the size of the local workforce.
2024 Market Data

Salary Overview

$54,470

The average Payroll and Timekeeping Clerks in Akron, OH earns-3.4%below the national average.

BreakdownBased on 40h/week
Hourly

$26.2

Weekly

$1,048

Monthly

$4,539

Payroll and Timekeeping Clerks Salary Distribution in Akron, OH

The salary trajectory for Payroll and Timekeeping Clerks in Akron, OH, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience in complex payroll systems and compliance can command salaries in the higher percentiles. This progression reflects the increasing value of expertise and responsibility within the role.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,360$18
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$40,853$19.6
ManagerOversees team, compliance, and project delivery.50% (Median)$51,540$24.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$68,088$32.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,700$36.9

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$54,470

Gross Pay

Real Wage (Purchasing Power)

$54,470

Adjusted for COL (100)

An average annual salary of $54,470 in Akron, OH, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in Akron is comparable to the national average, suggesting that the nominal salary offers a standard of living consistent with the rest of the country.

Job Market Context

350

Total Jobs

1.1

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Akron, OH has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

The Location Quotient of 1.08 for Payroll and Timekeeping Clerks in Akron indicates a slightly higher prevalence of these jobs than the national average. This suggests a healthy, competitive market where employers are actively seeking these professionals, but the supply is generally in balance with the demand, avoiding extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Akron, OH

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Akron, OH?

The median annual salary for a Payroll and Timekeeping Clerks in Akron, OH is $54,470. This typically ranges from $37,360 for entry-level positions to $76,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 3.4% lower than the national median of $56,360.

Is Akron, OH a lucrative place for Payroll and Timekeeping Clerks?

Moderately lucrative, with compensation aligning with national averages.The average salary of $54,470 is close to the national average, and the cost of living is also at the national average, indicating a balanced financial standing for these professionals.

Is Akron, OH a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($50,370) and Cleveland, OH.

How does Akron's Payroll Clerk salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Akron, OH, is $54,470, which is slightly lower than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerk jobs in Akron?

Akron has a Location Quotient of 1.08, indicating a slightly higher concentration of Payroll and Timekeeping Clerk jobs compared to the national average.

Does the cost of living in Akron affect the salary?

With a Cost of Living Index of 100, Akron's cost of living is exactly at the national average, meaning the $54,470 salary offers average purchasing power.

How many Payroll and Timekeeping Clerks work in Akron?

There are approximately 350 Payroll and Timekeeping Clerks employed in the Akron, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Akron, OH area with a job density of 1.1 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.