Average Payroll and Timekeeping Clerks Salary in Charlotte-Concord-Gastonia, NC-SC
In Charlotte-Concord-Gastonia, NC-SC, Payroll and Timekeeping Clerks earn an average annual salary of $55,190. This figure is slightly below the national average of $56,360, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the area's business landscape. The total local workforce of 840 professionals contributes to this dynamic.
Executive Summary
- Average Salary: $55,190 per year.
- Growth Trend: Salaries have shifted 17.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $76,230.
- Outlook: The job market for Payroll and Timekeeping Clerks in the Charlotte-Concord-Gastonia metropolitan area appears stable, with a local workforce of 840 individuals. The Location Quotient of 0.62 suggests that this occupation is less concentrated here compared to the national average, implying a moderate but consistent demand for these essential roles within the local economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Charlotte-Concord-Gastonia, NC-SC earns-2.1%below the national average.
$26.5
$1,061
$4,599
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for this role in Charlotte is not provided, it's generally assumed that salaries for Payroll and Timekeeping Clerks have seen a steady upward trend over the past four years, mirroring national economic growth and increasing complexity in payroll regulations. This growth is typically driven by inflation, evolving compliance requirements, and the demand for skilled professionals to manage financial data accurately.
Payroll and Timekeeping Clerks Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Career progression for Payroll and Timekeeping Clerks in Charlotte-Concord-Gastonia typically involves salary increases tied to experience and responsibility. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience in complex payroll systems and compliance can command salaries in the higher percentiles, reflecting their specialized skills and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,450 | $16.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,393 | $19.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $54,900 | $26.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,988 | $33.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $76,230 | $36.6 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$55,190
Gross Pay
Real Wage (Purchasing Power)
$55,190
Adjusted for COL (100)
The average annual salary of $55,190 in Charlotte-Concord-Gastonia aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in this area is equivalent to the national standard, suggesting that the nominal salary effectively covers typical living expenses without significant strain or surplus.
Job Market Context
840
Total Jobs
0.628
Per 1K Jobs
0.62
Location Quotient
Charlotte-Concord-Gastonia, NC-SC has 0.62x 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.
With a Location Quotient of 0.62, the Charlotte-Concord-Gastonia area has a lower concentration of Payroll and Timekeeping Clerks than the national average. This suggests that while the occupation is present and necessary, it is not a dominant field within the local job market, potentially offering a balanced competitive landscape for job seekers.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Payroll and Timekeeping Clerks Salary | $48,830↓ 12% | 45 mi |
| Spartanburg, SC Payroll and Timekeeping Clerks Salary | $52,070↓ 6% | 64 mi |
| Eastern North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $49,140↓ 11% | 65 mi |
| Western North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $50,810↓ 8% | 65 mi |
| Central North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $51,050↓ 8% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Payroll and Timekeeping Clerks in Charlotte-Concord-Gastonia, NC-SC is $55,190. This typically ranges from $33,450 for entry-level positions to $76,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 2.1% lower than the national median of $56,360.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Payroll and Timekeeping Clerks?
No, not significantly more lucrative than the national average.The average salary of $55,190 is slightly below the national average, and the cost of living is exactly at the national average. This indicates that the earning potential is comparable to, but not exceeding, the national benchmark.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($48,830) and Spartanburg, SC.
How does the local workforce size affect job opportunities?
A local workforce of 840 Payroll and Timekeeping Clerks suggests a established presence of the profession, indicating ongoing demand for these roles within the Charlotte-Concord-Gastonia area's businesses.
What does a Location Quotient of 0.62 mean for job seekers?
A Location Quotient below 1.0, like 0.62, signifies that Payroll and Timekeeping Clerks are less concentrated in Charlotte-Concord-Gastonia compared to the national average, which could imply a less saturated job market and potentially more opportunities for skilled individuals.
How does the cost of living impact the $55,190 salary?
With a Cost of Living Index of 100, the $55,190 salary in Charlotte-Concord-Gastonia offers purchasing power equivalent to the national average, meaning your earnings will likely cover standard living expenses at a typical rate.
What are the typical career paths for Payroll and Timekeeping Clerks?
Career paths often involve advancing from entry-level clerk roles to senior positions, payroll specialist, or even payroll manager, with corresponding increases in salary and responsibility as expertise grows.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 840 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 0.628 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 Charlotte-Concord-Gastonia, NC-SC