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Average Payroll and Timekeeping Clerks Salary in Central North Carolina nonmetropolitan area

Payroll and Timekeeping Clerks in the Central North Carolina nonmetropolitan area earn an average annual salary of $51,050. This figure is notably below the national average of $56,360, reflecting regional economic factors and potentially a lower demand for specialized payroll services in less densely populated areas. The specific economic landscape and industry concentration within this region directly influence compensation levels for these essential administrative roles.

Executive Summary

  • Average Salary: $51,050 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $78,940.
  • Outlook: The local job market for Payroll and Timekeeping Clerks in Central North Carolina is characterized by a modest workforce of 210 individuals. With a Location Quotient of 0.88, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The rate of 0.9 jobs per 1,000 workers further indicates a consistent need for these professionals within the region's economic structure.
2024 Market Data

Salary Overview

$51,050

The average Payroll and Timekeeping Clerks in Central North Carolina nonmetropolitan area earns-9.4%below the national average.

BreakdownBased on 40h/week
Hourly

$24.5

Weekly

$982

Monthly

$4,254

Payroll and Timekeeping Clerks Salary Distribution in Central North Carolina nonmetropolitan area

Career progression for Payroll and Timekeeping Clerks typically involves a salary increase tied to experience. Entry-level positions might start closer to the lower end of the pay scale, while senior clerks with extensive experience in complex payroll systems and compliance can command significantly higher salaries. The percentile gaps in earnings clearly signify the career trajectory and the value placed on accumulated expertise and responsibility within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,530$16.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,288$18.4
ManagerOversees team, compliance, and project delivery.50% (Median)$47,480$22.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$63,813$30.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$78,940$38

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$51,050

Gross Pay

Real Wage (Purchasing Power)

$51,050

Adjusted for COL (100)

The nominal average salary of $51,050 in Central North Carolina's nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard. Therefore, the $51,050 salary offers a comparable standard of living to what one might expect elsewhere in the country, without the added expense of a higher cost of living.

Job Market Context

210

Total Jobs

0.9

Per 1K Jobs

0.88

Location Quotient

Below Average

Central North Carolina nonmetropolitan area has 0.88x 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 0.88 indicates that Payroll and Timekeeping Clerks are slightly less concentrated in Central North Carolina's nonmetropolitan area compared to the national average. This suggests that while the profession is present and necessary, the job market may not be saturated, potentially offering a balanced environment for job seekers. It implies a steady demand that aligns with the region's economic needs without an oversupply of candidates.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Central North Carolina nonmetropolitan area

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Central North Carolina nonmetropolitan area?

The median annual salary for a Payroll and Timekeeping Clerks in Central North Carolina nonmetropolitan area is $51,050. This typically ranges from $33,530 for entry-level positions to $78,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central North Carolina nonmetropolitan area is 9.4% lower than the national median of $56,360.

Is Central North Carolina nonmetropolitan area a lucrative place for Payroll and Timekeeping Clerks?

No, it is not exceptionally lucrative compared to the national average.The average salary of $51,050 is below the national average of $56,360, although the cost of living is on par with the national average.

Is Central North Carolina nonmetropolitan area a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Central North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central North Carolina nonmetropolitan area?

Some top paying nearby cities include Greensboro-High Point, NC ($49,940) and Pinehurst-Southern Pines, NC.

How does the local salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Central North Carolina nonmetropolitan area is $51,050, which is lower than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in this area?

The concentration, measured by the Location Quotient, is 0.88, indicating a slightly lower presence of these roles compared to the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means the $51,050 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

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

There are approximately 210 Payroll and Timekeeping Clerks employed in the Central North Carolina nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Central North Carolina nonmetropolitan area area with a job density of 0.9 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.