Average Payroll and Timekeeping Clerks Salary in Laredo, TX
The average salary for Payroll and Timekeeping Clerkss in Laredo, TX is $40,700. While this is lower than the national average, the cost of living in Laredo, TX may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $40,700 per year.
- Growth Trend: Salaries have shifted 5.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $59,630.
- Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Laredo, TX economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Laredo, TX earns-27.8%below the national average.
$19.6
$783
$3,392
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
Over the past 4 years, Payroll and Timekeeping Clerks salaries in Laredo, TX 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 Laredo, TX
The earning potential for Payroll and Timekeeping Clerkss in Laredo, TX varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $23,530, while highly experienced professionals can command wages upwards of $59,630.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $23,530 | $11.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $30,525 | $14.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $37,990 | $18.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $50,875 | $24.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $59,630 | $28.7 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$40,700
Gross Pay
Real Wage (Purchasing Power)
$40,700
Adjusted for COL (100)
In Laredo, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $40,700 to $40,700.
Job Market Context
120
Total Jobs
1.105
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Laredo, TX has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.
120 people work as Payroll and Timekeeping Clerks in Laredo, TX.
1.105 out of every 1,000 local jobs are Payroll and Timekeeping Clerks positions — a typical concentration.
Nearby Job Markets
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Laredo, TX?
The median annual salary for a Payroll and Timekeeping Clerks in Laredo, TX is $40,700. This typically ranges from $23,530 for entry-level positions to $59,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Laredo, TX is 27.8% lower than the national median of $56,360.
Is Laredo, TX a good place for Payroll and Timekeeping Clerkss?
It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Laredo, TX is $40,700 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Laredo, TX. See distinct detailed breakdown below.
Is Laredo, TX a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Laredo, TX is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Laredo, TX area with a job density of 1.105 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 Laredo, TX