Average Payroll and Timekeeping Clerks Salary in Baltimore-Columbia-Towson, MD
Payroll and Timekeeping Clerks in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $59,580, surpassing the national average of $56,360. This higher local compensation reflects the specific economic conditions and demand within this metropolitan region, which influences the pay structure for these essential administrative roles.
Executive Summary
- Average Salary: $59,580 per year.
- Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,740.
- Outlook: With a local workforce of 1,070 Payroll and Timekeeping Clerks, the Baltimore-Columbia-Towson area demonstrates a stable presence in this sector. The Location Quotient of 0.78 suggests a slightly lower concentration of these roles compared to the national average, indicating a potentially balanced job market where demand is met by a comparable supply of professionals.
Salary Overview
The average Payroll and Timekeeping Clerks in Baltimore-Columbia-Towson, MD earns+5.7%above the national average.
$28.6
$1,146
$4,965
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Payroll and Timekeeping Clerks in Baltimore-Columbia-Towson have seen consistent growth over the past four years, mirroring general economic trends and inflation. This upward trajectory in compensation is typical for roles that are fundamental to business operations and are influenced by evolving labor market dynamics.
Payroll and Timekeeping Clerks Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Payroll and Timekeeping Clerks typically involves a significant salary increase from entry-level to senior positions. While the exact percentile gaps are not detailed here, the difference between starting salaries and those earned by experienced professionals often signifies a substantial leap in earnings potential, reflecting accumulated expertise and responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,650 | $22.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,685 | $21.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,240 | $28 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,475 | $35.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $76,740 | $36.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$59,580
Gross Pay
Real Wage (Purchasing Power)
$59,580
Adjusted for COL (100)
The average annual salary of $59,580 in Baltimore-Columbia-Towson aligns perfectly 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 this region is equivalent to that of their counterparts in a typical U.S. metropolitan area, offering stable financial standing.
Job Market Context
1,070
Total Jobs
0.798
Per 1K Jobs
0.78
Location Quotient
Baltimore-Columbia-Towson, MD has 0.78x the national average concentration of Payroll and Timekeeping Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.78 indicates that Payroll and Timekeeping Clerk roles are present in the Baltimore-Columbia-Towson market at a rate slightly below the national average. This suggests that while the profession is established, it may not be as heavily concentrated as in other regions, potentially offering a competitive environment for job seekers.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Payroll and Timekeeping Clerks Salary | $55,310↓ 7% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Payroll and Timekeeping Clerks Salary | $64,240↑ 8% | 35 mi |
| York-Hanover, PA Payroll and Timekeeping Clerks Salary | $54,830↓ 8% | 47 mi |
| Lancaster, PA Payroll and Timekeeping Clerks Salary | $53,470↓ 10% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Payroll and Timekeeping Clerks in Baltimore-Columbia-Towson, MD is $59,580. This typically ranges from $46,650 for entry-level positions to $76,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 5.7% higher than the national median of $56,360.
Is Baltimore-Columbia-Towson, MD a lucrative place for Payroll and Timekeeping Clerks?
Yes, it offers above-average compensation.The average salary of $59,580 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.
Is Baltimore-Columbia-Towson, MD a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($55,310) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the local workforce size impact job availability?
A local workforce of 1,070 Payroll and Timekeeping Clerks suggests a substantial pool of professionals, indicating a mature market where opportunities may arise from both new positions and turnover.
What does a Location Quotient of 0.78 mean for job seekers?
A Location Quotient below 1.0, like 0.78, implies that Payroll and Timekeeping Clerk roles are less concentrated in Baltimore-Columbia-Towson compared to the national average, potentially indicating a less saturated job market.
How does the Cost of Living Index affect salary perception?
With a Cost of Living Index of 100, the $59,580 salary in Baltimore-Columbia-Towson offers purchasing power equivalent to the national average, making it a fair compensation relative to expenses.
Are there many job openings for Payroll and Timekeeping Clerks in this area?
While the exact number of openings isn't provided, the presence of 0.798 jobs per 1,000 workers suggests a steady demand for these roles within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.798 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD