Average Payroll and Timekeeping Clerks Salary in Durham-Chapel Hill, NC
Payroll and Timekeeping Clerks in the Durham-Chapel Hill, NC area earn an average annual salary of $60,270, surpassing the national average of $56,360. This localized premium is influenced by the region's specific economic drivers and demand for skilled administrative professionals within its growing business landscape.
Executive Summary
- Average Salary: $60,270 per year.
- Growth Trend: Salaries have shifted 10.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,940.
- Outlook: With a local workforce of 300 Payroll and Timekeeping Clerks and a Location Quotient of 0.86, the job market in Durham-Chapel Hill indicates a stable, though slightly below national average, concentration of these roles. The presence of 0.88 jobs per 1,000 workers suggests a consistent demand that supports the current employment levels.
Salary Overview
The average Payroll and Timekeeping Clerks in Durham-Chapel Hill, NC earns+6.9%above the national average.
$29
$1,159
$5,023
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Payroll and Timekeeping Clerks in Durham-Chapel Hill have experienced steady growth over the past four years, mirroring national trends. This growth is likely driven by increasing complexity in payroll regulations, the need for specialized software proficiency, and a general rise in the cost of living.
Payroll and Timekeeping Clerks Salary Distribution in Durham-Chapel Hill, NC
Career progression for Payroll and Timekeeping Clerks typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with advanced skills in areas like tax compliance and benefits administration can command salaries in the upper percentiles, reflecting a substantial earning potential over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,530 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,203 | $21.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,820 | $27.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,338 | $36.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $80,940 | $38.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$60,270
Gross Pay
Real Wage (Purchasing Power)
$60,270
Adjusted for COL (100)
The average annual salary of $60,270 in Durham-Chapel Hill 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 region is equivalent to the national standard, offering a balanced financial environment for residents.
Job Market Context
300
Total Jobs
0.88
Per 1K Jobs
0.86
Location Quotient
Durham-Chapel Hill, NC has 0.86x 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 0.86 suggests that Payroll and Timekeeping Clerk roles are slightly less concentrated in Durham-Chapel Hill compared to the national average. This indicates a moderately competitive market where employers may need to offer competitive compensation to attract and retain talent, though the demand is not exceptionally high relative to other professions.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Raleigh-Cary, NC Payroll and Timekeeping Clerks Salary | $55,680↓ 8% | 18 mi |
| Burlington, NC Payroll and Timekeeping Clerks Salary | $51,910↓ 14% | 32 mi |
| Greensboro-High Point, NC Payroll and Timekeeping Clerks Salary | $49,940↓ 17% | 52 mi |
| Eastern North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $49,140↓ 18% | 56 mi |
| Western North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $50,810↓ 16% | 56 mi |
Comparing salaries near Durham-Chapel Hill, NC
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Durham-Chapel Hill, NC?
The median annual salary for a Payroll and Timekeeping Clerks in Durham-Chapel Hill, NC is $60,270. This typically ranges from $37,530 for entry-level positions to $80,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Durham-Chapel Hill, NC is 6.9% higher than the national median of $56,360.
Is Durham-Chapel Hill, NC a lucrative place for Payroll and Timekeeping Clerks?
Yes, it offers a competitive salary.The average salary of $60,270 is higher than the national average, and the cost of living is on par with the national average, providing good purchasing power.
Is Durham-Chapel Hill, NC a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Durham-Chapel Hill, NC?
Some top paying nearby cities include Raleigh-Cary, NC ($55,680) and Burlington, NC.
How does the local workforce size affect job prospects?
A local workforce of 300 indicates a established but not overly saturated market for Payroll and Timekeeping Clerks, suggesting steady opportunities.
What does a Location Quotient of 0.86 mean for job seekers?
A Location Quotient below 1.0 implies slightly fewer opportunities relative to the national average, suggesting a moderately competitive job market.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $60,270 salary has the same purchasing power as the national average salary, making it a stable financial proposition.
What factors contribute to the higher local salary?
The higher-than-national average salary is likely driven by regional economic demand, the cost of skilled labor in the area, and the specific needs of local businesses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Durham-Chapel Hill, NC area with a job density of 0.88 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 Durham-Chapel Hill, NC