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Average Payroll and Timekeeping Clerks Salary in Grand Rapids-Wyoming-Kentwood, MI

Payroll and Timekeeping Clerks in the Grand Rapids-Wyoming-Kentwood, MI area earn an average annual salary of $57,760. This figure slightly surpasses the national average of $56,360, suggesting a localized demand or specific economic factors influencing compensation in this region. The stability of the local economy and the specific needs of businesses within the area likely contribute to this competitive pay.

Executive Summary

  • Average Salary: $57,760 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,790.
  • Outlook: With a local workforce of 490 Payroll and Timekeeping Clerks, the Grand Rapids-Wyoming-Kentwood area demonstrates a solid, albeit not exceptionally concentrated, presence of these professionals. The location quotient of 0.85 indicates that the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding job market for this specific occupation within the region.
2024 Market Data

Salary Overview

$57,760

The average Payroll and Timekeeping Clerks in Grand Rapids-Wyoming-Kentwood, MI earns+2.5%above the national average.

BreakdownBased on 40h/week
Hourly

$27.8

Weekly

$1,111

Monthly

$4,813

Payroll and Timekeeping Clerks Salary Distribution in Grand Rapids-Wyoming-Kentwood, MI

Salary progression for Payroll and Timekeeping Clerks is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command salaries well above the average. The percentile gaps in earnings clearly signify the career progression opportunities available, rewarding accumulated expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,360$20.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,320$20.8
ManagerOversees team, compliance, and project delivery.50% (Median)$57,680$27.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$72,200$34.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,790$36.9

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$57,760

Gross Pay

Real Wage (Purchasing Power)

$57,760

Adjusted for COL (100)

The average annual salary of $57,760 in Grand Rapids-Wyoming-Kentwood aligns perfectly with the local 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 a stable financial standing without the pressure of higher living expenses.

Job Market Context

490

Total Jobs

0.864

Per 1K Jobs

0.85

Location Quotient

Below Average

Grand Rapids-Wyoming-Kentwood, MI has 0.85x 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 0.85 suggests that while Payroll and Timekeeping Clerks are present in the Grand Rapids-Wyoming-Kentwood market, they are not disproportionately concentrated compared to the national average. This indicates a balanced job market where demand is met by the available workforce, presenting moderate competition for job seekers.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Grand Rapids-Wyoming-Kentwood, MI

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Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Grand Rapids-Wyoming-Kentwood, MI?

The median annual salary for a Payroll and Timekeeping Clerks in Grand Rapids-Wyoming-Kentwood, MI is $57,760. This typically ranges from $42,360 for entry-level positions to $76,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Grand Rapids-Wyoming-Kentwood, MI is 2.5% higher than the national median of $56,360.

Is Grand Rapids-Wyoming-Kentwood, MI a lucrative place for Payroll and Timekeeping Clerks?

Yes, it offers competitive compensation.The average salary of $57,760 is slightly above the national average, and the cost of living is on par with the national average, indicating good purchasing power.

Is Grand Rapids-Wyoming-Kentwood, MI a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Grand Rapids-Wyoming-Kentwood, MI?

Some top paying nearby cities include Muskegon-Norton Shores, MI ($51,900) and Kalamazoo-Portage, MI.

How does the local workforce size affect job prospects?

A local workforce of 490 indicates a stable presence of Payroll and Timekeeping Clerks, suggesting consistent opportunities without extreme competition.

What does a Location Quotient of 0.85 mean for job seekers?

A location quotient below 1.0 means the occupation is less concentrated here than nationally, implying a steady but not overly saturated job market.

How does the Cost of Living Index impact salary value?

With a Cost of Living Index of 100, your $57,760 salary in Grand Rapids-Wyoming-Kentwood has the same purchasing power as the national average salary.

Are there significant salary differences based on experience?

Yes, experience plays a crucial role, with entry-level positions earning less than senior roles, reflecting a clear path for career and salary growth.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Grand Rapids-Wyoming-Kentwood, MI area with a job density of 0.864 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.