Average Payroll and Timekeeping Clerks Salary in Illinois
Payroll and Timekeeping Clerks in Illinois earn an average annual salary of $60,620, surpassing the national average of $56,360. This higher compensation is influenced by a combination of factors specific to the Illinois job market, including regional economic conditions and the demand for skilled administrative professionals.
Executive Summary
- Average Salary: $60,620 per year.
- Growth Trend: Salaries have shifted 11.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $80,990.
- Outlook: With a local workforce of 6,060 Payroll and Timekeeping Clerks, Illinois demonstrates a stable presence in this sector. The location quotient of 0.98 suggests that the concentration of these roles in Illinois is nearly on par with the national average, indicating a consistent and reliable demand for these essential administrative functions within the state's economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Illinois earns+7.6%above the national average.
$29.2
$1,166
$5,052
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Payroll and Timekeeping Clerks in Illinois have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing complexity in payroll regulations, and the ongoing need for accurate financial record-keeping.
Payroll and Timekeeping Clerks Salary Distribution in Illinois
Career progression for Payroll and Timekeeping Clerks in Illinois typically involves salary increases tied to experience. Entry-level positions may start at the lower end of the pay scale, while senior clerks with extensive experience and specialized knowledge can command significantly higher salaries, reflecting their expertise and value to an organization. The percentile gaps in salary distributions highlight these opportunities for advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,930 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,465 | $21.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,060 | $28.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,775 | $36.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $80,990 | $38.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$60,620
Gross Pay
Real Wage (Purchasing Power)
$66,035
Adjusted for COL (91.8)
The average annual salary of $60,620 in Illinois presents a favorable financial standing when considering the local Cost of Living Index of 91.8. This index, which is below the national average of 100, indicates that the purchasing power of an Illinois-based payroll clerk's salary is likely to be higher than in many other parts of the country, allowing for a comfortable lifestyle.
Job Market Context
6,060
Total Jobs
1
Per 1K Jobs
0.98
Location Quotient
Illinois 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.
Illinois's location quotient of 0.98 for Payroll and Timekeeping Clerks signifies a job market that is closely aligned with the national average in terms of concentration. This suggests a balanced market where the number of available positions is proportionate to the number of workers, indicating neither an oversupply nor a significant shortage of talent.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Payroll and Timekeeping Clerks Salary | $56,740↓ 6% | 9 mi |
| Decatur, IL Payroll and Timekeeping Clerks Salary | $56,600↓ 7% | 34 mi |
| Champaign-Urbana, IL Payroll and Timekeeping Clerks Salary | $57,100↓ 6% | 41 mi |
| Peoria, IL Payroll and Timekeeping Clerks Salary | $57,370↓ 5% | 43 mi |
| Springfield, IL Payroll and Timekeeping Clerks Salary | $56,050↓ 8% | 53 mi |
Comparing salaries near Illinois
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Illinois?
The median annual salary for a Payroll and Timekeeping Clerks in Illinois is $60,620. This typically ranges from $39,930 for entry-level positions to $80,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Illinois is 7.6% higher than the national median of $56,360.
Is Illinois a lucrative place for Payroll and Timekeeping Clerks?
Yes, Illinois offers a lucrative environment for Payroll and Timekeeping Clerks.The average salary of $60,620 exceeds the national average, and the cost of living is below the national average, enhancing purchasing power.
Is Illinois a good place to live for Payroll and Timekeeping Clerks?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Illinois?
Some top paying nearby cities include Bloomington, IL ($56,740) and Decatur, IL.
How does Illinois compare to the national average salary for this role?
Payroll and Timekeeping Clerks in Illinois earn an average of $60,620 annually, which is higher than the national average of $56,360.
What is the concentration of Payroll and Timekeeping Clerks in Illinois?
The concentration, measured by the location quotient, is 0.98, indicating that the presence of these roles in Illinois is very close to the national average.
How does the cost of living in Illinois affect salary perception?
With a cost of living index of 91.8 (below the national average of 100), the $60,620 salary in Illinois offers a strong purchasing power for residents.
What does the number of jobs per 1,000 workers indicate?
The figure of 1 job per 1,000 workers suggests a steady, albeit not exceptionally high, demand for Payroll and Timekeeping Clerks within the Illinois workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,060 employees in the Illinois area with a job density of 1 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 Illinois