Average Payroll and Timekeeping Clerks Salary in Fayetteville-Springdale-Rogers, AR
In Fayetteville-Springdale-Rogers, AR, Payroll and Timekeeping Clerks earn an average annual salary of $48,690. This figure is notably below the national average of $56,360, suggesting that local economic factors and demand dynamics play a significant role in compensation within this region. The specific pay rates in this area are influenced by the local job market's unique supply and demand for these essential administrative roles.
Executive Summary
- Average Salary: $48,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,600.
- Outlook: The job market for Payroll and Timekeeping Clerks in the Fayetteville-Springdale-Rogers, AR area appears stable, with a total local workforce of 270 individuals in this role. A Location Quotient of 0.98 indicates that the concentration of these jobs is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for these professionals within the region's economic landscape.
Salary Overview
The average Payroll and Timekeeping Clerks in Fayetteville-Springdale-Rogers, AR earns-13.6%below the national average.
$23.4
$936
$4,058
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for this role in Fayetteville-Springdale-Rogers, AR is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic shifts and inflation typically drive incremental increases in compensation for administrative positions, ensuring that salaries adapt to the evolving economic climate and cost of living.
Payroll and Timekeeping Clerks Salary Distribution in Fayetteville-Springdale-Rogers, AR
Career progression for Payroll and Timekeeping Clerks typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized skills can command higher salaries. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential as professionals develop their expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $34,910 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,518 | $17.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,330 | $21.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,863 | $29.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,600 | $31.1 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$48,690
Gross Pay
Real Wage (Purchasing Power)
$48,690
Adjusted for COL (100)
The average annual salary of $48,690 in Fayetteville-Springdale-Rogers, AR 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 equivalent to the national average, offering neither a significant advantage nor disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
270
Total Jobs
0.996
Per 1K Jobs
0.98
Location Quotient
Fayetteville-Springdale-Rogers, AR has 0.98x 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 0.98, the job market for Payroll and Timekeeping Clerks in Fayetteville-Springdale-Rogers, AR is neither over-saturated nor exceptionally scarce. This near-average concentration suggests a balanced market where employers can find qualified candidates, and professionals have a steady, though not overly competitive, landscape for employment opportunities.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Fort Smith, AR-OK Payroll and Timekeeping Clerks Salary | $47,580↓ 2% | 51 mi |
| Joplin, MO-KS Payroll and Timekeeping Clerks Salary | $52,670↑ 8% | 72 mi |
| Springfield, MO Payroll and Timekeeping Clerks Salary | $52,740↑ 8% | 91 mi |
Comparing salaries near Fayetteville-Springdale-Rogers, AR
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Fayetteville-Springdale-Rogers, AR?
The median annual salary for a Payroll and Timekeeping Clerks in Fayetteville-Springdale-Rogers, AR is $48,690. This typically ranges from $34,910 for entry-level positions to $64,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville-Springdale-Rogers, AR is 13.6% lower than the national median of $56,360.
Is Fayetteville-Springdale-Rogers, AR a lucrative place for Payroll and Timekeeping Clerks?
No, it is not exceptionally lucrative compared to the national average.The average salary of $48,690 is below the national average of $56,360, although the cost of living is on par with the national average.
Is Fayetteville-Springdale-Rogers, AR a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?
Some top paying nearby cities include Fort Smith, AR-OK ($47,580) and Joplin, MO-KS.
How does the local salary compare to the national average?
Payroll and Timekeeping Clerks in Fayetteville-Springdale-Rogers, AR earn an average of $48,690 annually, which is less than the national average of $56,360.
What is the Cost of Living in Fayetteville-Springdale-Rogers, AR?
The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100, which is exactly the national average.
How concentrated are Payroll and Timekeeping Clerk jobs in this area?
The concentration of Payroll and Timekeeping Clerk jobs, indicated by a Location Quotient of 0.98, is very close to the national average, suggesting a stable job market.
What does a Location Quotient of 0.98 mean for job seekers?
A Location Quotient of 0.98 signifies that the proportion of Payroll and Timekeeping Clerk jobs in Fayetteville-Springdale-Rogers, AR is nearly the same as the national average, indicating a balanced employment environment.
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 Fayetteville-Springdale-Rogers, AR area with a job density of 0.996 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 Fayetteville-Springdale-Rogers, AR