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Average Payroll and Timekeeping Clerks Salary in Boston-Cambridge-Newton, MA-NH

Payroll and Timekeeping Clerks in the Boston-Cambridge-Newton, MA-NH area earn an average annual salary of $64,720. This figure significantly surpasses the national average of $56,360, reflecting the region's robust economic landscape and demand for skilled administrative professionals. The higher compensation is often attributed to the concentration of industries and the overall cost of doing business in this major metropolitan hub.

Executive Summary

  • Average Salary: $64,720 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,660.
  • Outlook: With a local workforce of 2,660 Payroll and Timekeeping Clerks, the Boston-Cambridge-Newton area demonstrates a substantial presence in this occupational field. The Location Quotient of 0.97 suggests that employment in this role is nearly on par with the national average, indicating a stable and consistent demand for these essential services within the region's diverse economy.
2024 Market Data

Salary Overview

$64,720

The average Payroll and Timekeeping Clerks in Boston-Cambridge-Newton, MA-NH earns+14.8%above the national average.

BreakdownBased on 40h/week
Hourly

$31.1

Weekly

$1,245

Monthly

$5,393

Payroll and Timekeeping Clerks Salary Distribution in Boston-Cambridge-Newton, MA-NH

Career progression for Payroll and Timekeeping Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive knowledge of payroll systems and compliance can command salaries in the higher percentiles. These percentile gaps highlight the tangible financial rewards of advancing one's career and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,960$21.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,540$23.3
ManagerOversees team, compliance, and project delivery.50% (Median)$61,340$29.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$80,900$38.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$85,660$41.2

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$64,720

Gross Pay

Real Wage (Purchasing Power)

$64,720

Adjusted for COL (100)

The average annual salary of $64,720 in Boston-Cambridge-Newton aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively equivalent to the national standard, indicating a balanced economic environment for residents.

Job Market Context

2,660

Total Jobs

0.983

Per 1K Jobs

0.97

Location Quotient

Below Average

Boston-Cambridge-Newton, MA-NH has 0.97x 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 0.97 indicates that Payroll and Timekeeping Clerk roles are present in Boston-Cambridge-Newton at a rate very close to the national average. This suggests a competitive yet stable job market, where opportunities exist without being overwhelmingly saturated, offering a balanced environment for both employers seeking talent and professionals seeking employment.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Boston-Cambridge-Newton, MA-NH

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Boston-Cambridge-Newton, MA-NH?

The median annual salary for a Payroll and Timekeeping Clerks in Boston-Cambridge-Newton, MA-NH is $64,720. This typically ranges from $44,960 for entry-level positions to $85,660 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Boston-Cambridge-Newton, MA-NH is 14.8% higher than the national median of $56,360.

Is Boston-Cambridge-Newton, MA-NH a lucrative place for Payroll and Timekeeping Clerks?

Yes, it is a lucrative place for Payroll and Timekeeping Clerks.The average salary of $64,720 is notably higher than the national average, and the cost of living is on par with the national average, suggesting strong earning potential.

Is Boston-Cambridge-Newton, MA-NH a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Boston-Cambridge-Newton, MA-NH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Boston-Cambridge-Newton, MA-NH?

Some top paying nearby cities include Worcester, MA ($58,500) and Providence-Warwick, RI-MA.

How does the Boston payroll clerk salary compare to the national average?

The average salary for Payroll and Timekeeping Clerks in Boston-Cambridge-Newton is $64,720, which is $8,360 higher than the national average of $56,360.

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

The concentration, measured by the Location Quotient, is 0.97, indicating that the proportion of these clerks in the local workforce is very close to the national average.

Does the cost of living affect the perceived value of a Boston payroll clerk salary?

No, the local cost of living index is 100, matching the national average. This means the higher nominal salary in Boston offers purchasing power equivalent to the national average.

How many Payroll and Timekeeping Clerks are employed in the Boston area?

There are approximately 2,660 Payroll and Timekeeping Clerks employed in the Boston-Cambridge-Newton, MA-NH metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,660 employees in the Boston-Cambridge-Newton, MA-NH area with a job density of 0.983 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.