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Average Payroll and Timekeeping Clerks Salary in Buffalo-Cheektowaga, NY

In Buffalo-Cheektowaga, NY, Payroll and Timekeeping Clerks earn an average annual salary of $56,100. This figure is remarkably close to the national average of $56,360, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this closely aligned pay rate.

Executive Summary

  • Average Salary: $56,100 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,290.
  • Outlook: The Buffalo-Cheektowaga area supports a local workforce of 670 Payroll and Timekeeping Clerks. With a Location Quotient of 1.23, the concentration of these roles in Buffalo is higher than the national average, suggesting a robust and potentially growing demand for these professionals within the local job market.
2024 Market Data

Salary Overview

$56,100

The average Payroll and Timekeeping Clerks in Buffalo-Cheektowaga, NY earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$27

Weekly

$1,079

Monthly

$4,675

Payroll and Timekeeping Clerks Salary Distribution in Buffalo-Cheektowaga, NY

Career progression for Payroll and Timekeeping Clerks in Buffalo-Cheektowaga, NY, is typically reflected in salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command salaries significantly higher than the average, with percentile gaps clearly indicating advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,670$19.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,075$20.2
ManagerOversees team, compliance, and project delivery.50% (Median)$54,680$26.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,125$33.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,290$35.7

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$56,100

Gross Pay

Real Wage (Purchasing Power)

$56,100

Adjusted for COL (100)

The average annual salary of $56,100 in Buffalo-Cheektowaga, NY, aligns perfectly with the local 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 the national average, offering a stable financial outlook for residents.

Job Market Context

670

Total Jobs

1.253

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Buffalo-Cheektowaga, NY has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

A Location Quotient of 1.23 signifies that Buffalo-Cheektowaga, NY, has a higher concentration of Payroll and Timekeeping Clerks compared to the national average. This suggests a healthy job market where these roles are in demand, potentially offering more opportunities and competitive compensation than in areas with lower concentration.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Buffalo-Cheektowaga, NY?

The median annual salary for a Payroll and Timekeeping Clerks in Buffalo-Cheektowaga, NY is $56,100. This typically ranges from $39,670 for entry-level positions to $74,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 0.5% lower than the national median of $56,360.

Is Buffalo-Cheektowaga, NY a lucrative place for Payroll and Timekeeping Clerks?

Yes, it offers competitive compensation relative to the cost of living.The average salary of $56,100 is on par with the national average, and with a Cost of Living Index of 100, your earnings will maintain equivalent purchasing power.

Is Buffalo-Cheektowaga, NY a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($57,160) and Erie, PA.

How does the local workforce size impact job prospects?

A local workforce of 670 indicates a significant presence of Payroll and Timekeeping Clerks, suggesting a stable demand for these roles within the Buffalo-Cheektowaga economy.

What does a Location Quotient of 1.23 mean for job seekers?

A Location Quotient above 1.0, like 1.23, means there are more Payroll and Timekeeping Clerk jobs per capita in Buffalo-Cheektowaga than the national average, indicating a favorable market.

How does Buffalo's salary compare to the national average?

The average salary of $56,100 in Buffalo-Cheektowaga is very close to the national average of $56,360, suggesting comparable earning potential.

Is the cost of living a factor for Payroll and Timekeeping Clerks in Buffalo?

With a Cost of Living Index of 100, the cost of living in Buffalo-Cheektowaga is exactly at the national average, meaning the $56,100 salary offers standard purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Buffalo-Cheektowaga, NY area with a job density of 1.253 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.