Average Payroll and Timekeeping Clerks Salary in Dayton-Kettering-Beavercreek, OH
In the Dayton-Kettering-Beavercreek, OH area, Payroll and Timekeeping Clerks earn an average annual salary of $53,840. This figure is slightly below the national average of $56,360, suggesting that local market dynamics and economic factors may influence compensation levels for this role. The specific economic landscape of the region plays a significant role in shaping these salary benchmarks.
Executive Summary
- Average Salary: $53,840 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,980.
- Outlook: The local job market for Payroll and Timekeeping Clerks in Dayton-Kettering-Beavercreek, OH, comprises a workforce of 270 individuals. With a Location Quotient of 0.7, the concentration of these roles is somewhat lower than the national average, indicating a moderate but not exceptionally high demand relative to other occupations in the area. This suggests a stable, albeit not rapidly expanding, job market for these professionals.
Salary Overview
The average Payroll and Timekeeping Clerks in Dayton-Kettering-Beavercreek, OH earns-4.5%below the national average.
$25.9
$1,035
$4,487
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for the past four years is not provided, it is generally assumed that salaries for Payroll and Timekeeping Clerks have seen a steady upward trend, mirroring broader economic growth and inflation. This growth is typically driven by increased demand for accurate financial record-keeping and evolving payroll regulations, leading to incremental salary increases over time for experienced professionals.
Payroll and Timekeeping Clerks Salary Distribution in Dayton-Kettering-Beavercreek, OH
Career progression for Payroll and Timekeeping Clerks typically involves a noticeable salary increase with experience. Entry-level positions may start at a lower percentile of the pay scale, while senior clerks with extensive experience and specialized knowledge can command salaries in the higher percentiles. These percentile gaps highlight the value placed on accumulated expertise and the potential for significant earning growth throughout one's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,700 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,380 | $19.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,990 | $25 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,300 | $32.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,980 | $34.1 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$53,840
Gross Pay
Real Wage (Purchasing Power)
$53,840
Adjusted for COL (100)
The average annual salary of $53,840 in Dayton-Kettering-Beavercreek, OH, aligns precisely 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 area is comparable to the national average, offering a balanced financial standing for residents.
Job Market Context
270
Total Jobs
0.711
Per 1K Jobs
0.7
Location Quotient
Dayton-Kettering-Beavercreek, OH has 0.70x 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.
The Location Quotient of 0.7 for Payroll and Timekeeping Clerks in Dayton-Kettering-Beavercreek, OH, indicates that this occupation is less concentrated locally compared to the national average. This suggests that while the role is present, it is not a dominant sector within the regional economy, implying a moderately competitive job market where opportunities exist but may require proactive searching.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Springfield, OH Payroll and Timekeeping Clerks Salary | $51,790↓ 4% | 24 mi |
| Cincinnati, OH-KY-IN Payroll and Timekeeping Clerks Salary | $55,670↑ 3% | 50 mi |
| Columbus, OH Payroll and Timekeeping Clerks Salary | $56,080↑ 4% | 65 mi |
| Lima, OH Payroll and Timekeeping Clerks Salary | $48,260↓ 10% | 67 mi |
| Muncie, IN Payroll and Timekeeping Clerks Salary | $43,690↓ 19% | 70 mi |
Comparing salaries near Dayton-Kettering-Beavercreek, OH
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Dayton-Kettering-Beavercreek, OH?
The median annual salary for a Payroll and Timekeeping Clerks in Dayton-Kettering-Beavercreek, OH is $53,840. This typically ranges from $38,700 for entry-level positions to $70,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Dayton-Kettering-Beavercreek, OH is 4.5% lower than the national median of $56,360.
Is Dayton-Kettering-Beavercreek, OH a lucrative place for Payroll and Timekeeping Clerks?
No, not significantly more lucrative than the national average.The average salary of $53,840 is slightly below the national average, and the Cost of Living Index is exactly at the national average, indicating comparable purchasing power without a substantial pay premium.
Is Dayton-Kettering-Beavercreek, OH a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Dayton-Kettering-Beavercreek, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Dayton-Kettering-Beavercreek, OH?
Some top paying nearby cities include Springfield, OH ($51,790) and Cincinnati, OH-KY-IN.
How does the local salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Dayton-Kettering-Beavercreek, OH is $53,840, which is slightly 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 0.7, meaning there are fewer Payroll and Timekeeping Clerks per worker in Dayton-Kettering-Beavercreek, OH, compared to the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local cost of living is on par with the national average. Therefore, the $53,840 salary offers purchasing power equivalent to the national average.
What is the total number of Payroll and Timekeeping Clerks in the local workforce?
There are approximately 270 Payroll and Timekeeping Clerks employed in the Dayton-Kettering-Beavercreek, OH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Dayton-Kettering-Beavercreek, OH area with a job density of 0.711 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 Dayton-Kettering-Beavercreek, OH