Average Payroll and Timekeeping Clerks Salary in Greensboro-High Point, NC
In Greensboro-High Point, NC, Payroll and Timekeeping Clerks earn an average annual salary of $49,940. This figure is notably below the national average of $56,360, suggesting that local market dynamics and potentially a lower demand contribute to this compensation difference. The specific economic landscape of the Greensboro-High Point area plays a significant role in shaping the pay scales for these essential administrative roles.
Executive Summary
- Average Salary: $49,940 per year.
- Growth Trend: Salaries have shifted 4.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $70,000.
- Outlook: The Greensboro-High Point area supports a local workforce of 230 Payroll and Timekeeping Clerks. With a Location Quotient of 0.64, the concentration of these roles is below the national average, indicating a less saturated market relative to other areas. While the absolute number of jobs per 1,000 workers is 0.655, the lower LQ suggests that while the profession is present, it may not be a primary driver of employment in the region compared to national trends.
Salary Overview
The average Payroll and Timekeeping Clerks in Greensboro-High Point, NC earns-11.4%below the national average.
$24
$960
$4,162
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for Payroll and Timekeeping Clerks in Greensboro-High Point is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for skilled administrative support, and evolving payroll technologies likely contribute to a gradual upward trajectory in compensation for these professionals.
Payroll and Timekeeping Clerks Salary Distribution in Greensboro-High Point, NC
Salary progression for Payroll and Timekeeping Clerks in Greensboro-High Point typically correlates with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge in payroll systems and compliance can command significantly higher salaries. The percentile gaps between entry-level, mid-career, and senior roles signify clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,870 | $15.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $37,455 | $18 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,750 | $23.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $62,425 | $30 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $70,000 | $33.7 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$49,940
Gross Pay
Real Wage (Purchasing Power)
$49,940
Adjusted for COL (100)
The average annual salary of $49,940 for Payroll and Timekeeping Clerks in Greensboro-High Point aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, making it neither exceptionally advantageous nor disadvantageous from a cost-of-living perspective for those relocating or residing in the area.
Job Market Context
230
Total Jobs
0.655
Per 1K Jobs
0.64
Location Quotient
Greensboro-High Point, NC has 0.64x 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 0.64 indicates that Greensboro-High Point has a lower concentration of Payroll and Timekeeping Clerks compared to the national average. This suggests that the job market for these roles may be less competitive, potentially offering more opportunities for job seekers relative to the number of available positions when compared to more concentrated national markets. However, it also implies that the industry might not be as robust or as dominant in the local economy.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Burlington, NC Payroll and Timekeeping Clerks Salary | $51,910↑ 4% | 20 mi |
| Winston-Salem, NC Payroll and Timekeeping Clerks Salary | $53,070↑ 6% | 23 mi |
| Eastern North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $49,140↓ 2% | 32 mi |
| Western North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $50,810↑ 2% | 32 mi |
| Central North Carolina nonmetropolitan area Payroll and Timekeeping Clerks Salary | $51,050↑ 2% | 32 mi |
Comparing salaries near Greensboro-High Point, NC
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Greensboro-High Point, NC?
The median annual salary for a Payroll and Timekeeping Clerks in Greensboro-High Point, NC is $49,940. This typically ranges from $31,870 for entry-level positions to $70,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Greensboro-High Point, NC is 11.4% lower than the national median of $56,360.
Is Greensboro-High Point, NC a lucrative place for Payroll and Timekeeping Clerks?
No, not particularly lucrative compared to the national average.The average salary of $49,940 is below the national average of $56,360, despite the cost of living being at the national average. This indicates that earning potential is somewhat limited in this specific location.
Is Greensboro-High Point, NC a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Greensboro-High Point, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Greensboro-High Point, NC?
Some top paying nearby cities include Burlington, NC ($51,910) and Winston-Salem, NC.
How does the Greensboro-High Point salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Greensboro-High Point is $49,940, which is lower than the national average of $56,360.
What is the Cost of Living in Greensboro-High Point, NC?
The Cost of Living Index for Greensboro-High Point is 100, which is exactly the national average. This means the purchasing power of the local salary is on par with the national average.
Is there high demand for Payroll and Timekeeping Clerks in Greensboro-High Point?
With a Location Quotient of 0.64, the concentration of these roles is below the national average, suggesting moderate demand rather than exceptionally high demand.
How many Payroll and Timekeeping Clerks work in Greensboro-High Point?
There are approximately 230 Payroll and Timekeeping Clerks employed in the Greensboro-High Point metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Greensboro-High Point, NC area with a job density of 0.655 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 Greensboro-High Point, NC