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Average Payroll and Timekeeping Clerks Salary in Arkansas

Payroll and Timekeeping Clerks in Arkansas earn an average annual salary of $50,790, which is below the national average of $56,360. This difference can be attributed to a combination of factors, including the state's overall economic landscape and the specific demand for these roles within Arkansas's business environment.

Executive Summary

  • Average Salary: $50,790 per year.
  • Growth Trend: Salaries have shifted 22.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,560.
  • Outlook: With a local workforce of 1,410 Payroll and Timekeeping Clerks, Arkansas demonstrates a stable presence in this sector. The location quotient of 1.07 suggests a concentration of these roles that is slightly above the national average, indicating a consistent, albeit not overwhelmingly high, demand for skilled professionals in this field within the state.
2024 Market Data

Salary Overview

$50,790

The average Payroll and Timekeeping Clerks in Arkansas earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$24.4

Weekly

$977

Monthly

$4,233

Payroll and Timekeeping Clerks Salary Distribution in Arkansas

Career progression for Payroll and Timekeeping Clerks in Arkansas typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized knowledge can command salaries in the higher percentiles, reflecting their increased value and responsibility within an organization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,340$15.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,093$18.3
ManagerOversees team, compliance, and project delivery.50% (Median)$45,830$22
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,488$30.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$80,560$38.7

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$50,790

Gross Pay

Real Wage (Purchasing Power)

$56,246

Adjusted for COL (90.3)

The average annual salary of $50,790 in Arkansas presents a favorable financial situation when considered against the state's Cost of Living Index of 90.3. This index, being below the national average of 100, means that the purchasing power of an Arkansas-based Payroll and Timekeeping Clerk's salary is effectively higher than the nominal figure suggests, making the cost of living more affordable.

Job Market Context

1,410

Total Jobs

1.09

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Arkansas has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

Arkansas's Location Quotient of 1.07 for Payroll and Timekeeping Clerks indicates a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even a bit more pronounced relative to other professions in the state, the market is not saturated, offering a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

CitySalaryDist.
Little Rock-North Little Rock-Conway, AR Payroll and Timekeeping Clerks Salary$51,500↑ 1%17 mi
Hot Springs, AR Payroll and Timekeeping Clerks Salary$47,440↓ 7%51 mi

Comparing salaries near Arkansas

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Arkansas?

The median annual salary for a Payroll and Timekeeping Clerks in Arkansas is $50,790. This typically ranges from $31,340 for entry-level positions to $80,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arkansas is 9.9% lower than the national median of $56,360.

Is Arkansas a lucrative place for Payroll and Timekeeping Clerks?

Yes, considering the cost of living.While the nominal salary is below the national average, Arkansas's lower cost of living index of 90.3 enhances the purchasing power of the $50,790 average salary.

Is Arkansas a good place to live for Payroll and Timekeeping Clerks?

With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Arkansas?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($51,500) and Hot Springs, AR.

How does the Arkansas salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Arkansas is $50,790, which is approximately $5,570 less than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in Arkansas?

Arkansas has a Location Quotient of 1.07 for this role, indicating a slightly higher concentration of these jobs compared to the national average.

How does the cost of living affect the salary in Arkansas?

With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average, meaning the $50,790 salary offers better purchasing power locally.

What is the total number of Payroll and Timekeeping Clerks in Arkansas?

There are approximately 1,410 Payroll and Timekeeping Clerks employed in Arkansas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,410 employees in the Arkansas area with a job density of 1.09 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Arkansas