Average Payroll and Timekeeping Clerks Salary in Lakeland-Winter Haven, FL
Payroll and Timekeeping Clerks in the Lakeland-Winter Haven, FL area earn an average annual salary of $48,090. This figure is notably below the national average of $56,360, suggesting local market dynamics and potentially a different cost structure influence compensation in this region. The specific economic landscape and demand within Lakeland-Winter Haven play a crucial role in shaping these pay rates.
Executive Summary
- Average Salary: $48,090 per year.
- Growth Trend: Salaries have shifted 6.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,170.
- Outlook: With a local workforce of 290 Payroll and Timekeeping Clerks, the Lakeland-Winter Haven area demonstrates a stable, albeit not exceptionally large, employment base for this profession. The Location Quotient of 1.07 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady demand that aligns with the typical needs of businesses in the region.
Salary Overview
The average Payroll and Timekeeping Clerks in Lakeland-Winter Haven, FL earns-14.7%below the national average.
$23.1
$925
$4,008
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for this role in Lakeland-Winter Haven is not provided, it is reasonable to assume that salaries for Payroll and Timekeeping Clerks have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing complexity of payroll regulations, and a sustained need for accurate financial record-keeping within businesses.
Payroll and Timekeeping Clerks Salary Distribution in Lakeland-Winter Haven, FL
The career path for Payroll and Timekeeping Clerks typically involves a progression from entry-level positions to more senior roles, with corresponding salary increases. While specific percentile data is unavailable, the difference in earnings between junior and experienced professionals often reflects a growing expertise in payroll software, compliance, and complex accounting tasks, with senior clerks commanding higher compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,940 | $14.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,068 | $17.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $45,700 | $22 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,113 | $28.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,170 | $31.3 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$48,090
Gross Pay
Real Wage (Purchasing Power)
$48,090
Adjusted for COL (100)
The average annual salary of $48,090 in Lakeland-Winter Haven, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in this area is equivalent to the national standard, offering a balanced financial standing relative to the cost of goods and services.
Job Market Context
290
Total Jobs
1.093
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Lakeland-Winter Haven, FL has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.
The Location Quotient of 1.07 for Payroll and Timekeeping Clerks in Lakeland-Winter Haven signifies a job market that is slightly more concentrated than the national average. This suggests that while the profession is well-represented, the demand is consistent with the number of available workers, indicating a moderately competitive but stable employment environment for these specialists.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| North Florida nonmetropolitan area Payroll and Timekeeping Clerks Salary | $46,190↓ 4% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Payroll and Timekeeping Clerks Salary | $48,620↑ 1% | 32 mi |
| Orlando-Kissimmee-Sanford, FL Payroll and Timekeeping Clerks Salary | $53,480↑ 11% | 48 mi |
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Lakeland-Winter Haven, FL?
The median annual salary for a Payroll and Timekeeping Clerks in Lakeland-Winter Haven, FL is $48,090. This typically ranges from $29,940 for entry-level positions to $65,170 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 14.7% lower than the national median of $56,360.
Is Lakeland-Winter Haven, FL a lucrative place for Payroll and Timekeeping Clerks?
No, not particularly lucrative compared to the national average.The average salary of $48,090 is below the national average of $56,360. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.
Is Lakeland-Winter Haven, FL a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($46,190) and Tampa-St. Petersburg-Clearwater, FL.
How does the Lakeland-Winter Haven salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Lakeland-Winter Haven, FL is $48,090, which is lower than the national average of $56,360.
What is the Cost of Living in Lakeland-Winter Haven, FL?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100, which is exactly the national average.
How concentrated are Payroll and Timekeeping Clerk jobs in this area?
The Location Quotient is 1.07, indicating a slightly higher concentration of these jobs compared to the national average.
How many Payroll and Timekeeping Clerks work in Lakeland-Winter Haven, FL?
There are approximately 290 Payroll and Timekeeping Clerks employed in the Lakeland-Winter Haven, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Lakeland-Winter Haven, FL area with a job density of 1.093 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 Lakeland-Winter Haven, FL