SalaryNode

Average Payroll and Timekeeping Clerks Salary in Little Rock-North Little Rock-Conway, AR

In the Little Rock-North Little Rock-Conway, AR area, Payroll and Timekeeping Clerks earn an average annual salary of $51,500. This figure is slightly below the national average of $56,360, a common occurrence in regions with a cost of living that aligns with the national benchmark. Local economic factors and industry demand play a significant role in shaping compensation for these essential roles.

Executive Summary

  • Average Salary: $51,500 per year.
  • Growth Trend: Salaries have shifted 22.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,400.
  • Outlook: The Little Rock-North Little Rock-Conway, AR metropolitan area supports a local workforce of 380 Payroll and Timekeeping Clerks. With a Location Quotient of 1.05, the concentration of these roles is slightly above the national average, indicating a stable and perhaps growing demand within the region's economic landscape. The presence of 1.072 jobs per 1,000 workers further suggests a consistent need for these professionals.
2024 Market Data

Salary Overview

$51,500

The average Payroll and Timekeeping Clerks in Little Rock-North Little Rock-Conway, AR earns-8.6%below the national average.

BreakdownBased on 40h/week
Hourly

$24.8

Weekly

$990

Monthly

$4,292

Payroll and Timekeeping Clerks Salary Distribution in Little Rock-North Little Rock-Conway, AR

Career progression for Payroll and Timekeeping Clerks typically involves a salary increase tied to experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies a clear career ladder and opportunities for financial advancement within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,000$16.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$38,625$18.6
ManagerOversees team, compliance, and project delivery.50% (Median)$47,800$23
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$64,375$30.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$76,400$36.7

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$51,500

Gross Pay

Real Wage (Purchasing Power)

$51,500

Adjusted for COL (100)

The average annual salary of $51,500 for Payroll and Timekeeping Clerks in Little Rock-North Little Rock-Conway, AR aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, making relocation financially neutral from a cost-of-living perspective.

Job Market Context

380

Total Jobs

1.072

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

A Location Quotient of 1.05 for Payroll and Timekeeping Clerks in Little Rock-North Little Rock-Conway, AR suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand relative to the general workforce, implying that while the market isn't saturated, there are ample opportunities for qualified individuals. Competition may be moderate, with employers seeking candidates who can demonstrate efficiency and accuracy.

Nearby Job Markets

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Little Rock-North Little Rock-Conway, AR?

The median annual salary for a Payroll and Timekeeping Clerks in Little Rock-North Little Rock-Conway, AR is $51,500. This typically ranges from $34,000 for entry-level positions to $76,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Little Rock-North Little Rock-Conway, AR is 8.6% lower than the national median of $56,360.

Is Little Rock-North Little Rock-Conway, AR a lucrative place for Payroll and Timekeeping Clerks?

Moderately so, with earnings matching the national average cost of living.While the average salary of $51,500 is slightly below the national average, the cost of living in Little Rock is also at the national average. This means your purchasing power is comparable to the national standard.

Is Little Rock-North Little Rock-Conway, AR a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?

Some top paying nearby cities include South Arkansas nonmetropolitan area ($47,560) and North Arkansas nonmetropolitan area.

How does the local salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Little Rock-North Little Rock-Conway, AR is $51,500, which is slightly lower than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in this area?

The concentration, measured by the Location Quotient, is 1.05, indicating a slightly higher presence of these roles compared to the national average.

How does the cost of living affect the salary?

The cost of living in Little Rock-North Little Rock-Conway, AR is exactly at the national average (100). Therefore, the $51,500 salary offers purchasing power equivalent to the national average.

What is the total number of Payroll and Timekeeping Clerks in the local workforce?

There are approximately 380 Payroll and Timekeeping Clerks employed within the Little Rock-North Little Rock-Conway, AR 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 380 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 1.072 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.