Average Payroll and Timekeeping Clerks Salary in Lafayette-West Lafayette, IN
The average salary for Payroll and Timekeeping Clerkss in Lafayette-West Lafayette, IN is $49,250. While this is lower than the national average, the cost of living in Lafayette-West Lafayette, IN may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $49,250 per year.
- Growth Trend: Salaries have shifted 5.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $64,510.
- Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Lafayette-West Lafayette, IN economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Lafayette-West Lafayette, IN earns-12.6%below the national average.
$23.7
$947
$4,104
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
Over the past 4 years, Payroll and Timekeeping Clerks salaries in Lafayette-West Lafayette, IN have remained stable with a modest increase of 5.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Payroll and Timekeeping Clerks Salary Distribution in Lafayette-West Lafayette, IN
The earning potential for Payroll and Timekeeping Clerkss in Lafayette-West Lafayette, IN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $37,500, while highly experienced professionals can command wages upwards of $64,510.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,500 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,938 | $17.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,390 | $23.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,563 | $29.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $64,510 | $31 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$49,250
Gross Pay
Real Wage (Purchasing Power)
$49,250
Adjusted for COL (100)
In Lafayette-West Lafayette, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $49,250 to $49,250.
Job Market Context
100
Total Jobs
0.933
Per 1K Jobs
0.92
Location Quotient
Lafayette-West Lafayette, IN has 0.92x 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.
100 people work as Payroll and Timekeeping Clerks in Lafayette-West Lafayette, IN.
Only 0.933 out of every 1,000 local jobs are Payroll and Timekeeping Clerks roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Northern Indiana nonmetropolitan area Payroll and Timekeeping Clerks Salary | $46,180↓ 6% | 50 mi |
| Southern Indiana nonmetropolitan area Payroll and Timekeeping Clerks Salary | $48,230↓ 2% | 50 mi |
| Central Indiana nonmetropolitan area Payroll and Timekeeping Clerks Salary | $46,460↓ 6% | 50 mi |
| Indianapolis-Carmel-Greenwood, IN Payroll and Timekeeping Clerks Salary | $52,700↑ 7% | 57 mi |
Comparing salaries near Lafayette-West Lafayette, IN
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Lafayette-West Lafayette, IN?
The median annual salary for a Payroll and Timekeeping Clerks in Lafayette-West Lafayette, IN is $49,250. This typically ranges from $37,500 for entry-level positions to $64,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette-West Lafayette, IN is 12.6% lower than the national median of $56,360.
Is Lafayette-West Lafayette, IN a good place for Payroll and Timekeeping Clerkss?
It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Lafayette-West Lafayette, IN is $49,250 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Lafayette-West Lafayette, IN. See distinct detailed breakdown below.
Is Lafayette-West Lafayette, IN a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette-West Lafayette, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($46,180) and Southern Indiana nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Lafayette-West Lafayette, IN area with a job density of 0.933 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 Lafayette-West Lafayette, IN