Average Payroll and Timekeeping Clerks Salary in Louisville/Jefferson County, KY-IN
In Louisville/Jefferson County, KY-IN, Payroll and Timekeeping Clerks earn an average annual salary of $54,070. This figure is slightly below the national average of $56,360, a common occurrence in regions with a cost of living that aligns precisely with the national benchmark. Local economic factors and industry demand within the metropolitan area play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $54,070 per year.
- Growth Trend: Salaries have shifted 18.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $72,680.
- Outlook: The local job market for Payroll and Timekeeping Clerks in Louisville/Jefferson County, KY-IN, appears stable, with a total workforce of 620 individuals in this role. The Location Quotient of 0.89 suggests a concentration slightly below the national average, indicating a moderate but not oversaturated demand for these professionals within the region.
Salary Overview
The average Payroll and Timekeeping Clerks in Louisville/Jefferson County, KY-IN earns-4.1%below the national average.
$26
$1,040
$4,506
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for this role in Louisville/Jefferson County 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, increased demand for skilled payroll professionals, and evolving compliance regulations.
Payroll and Timekeeping Clerks Salary Distribution in Louisville/Jefferson County, KY-IN
Career progression for Payroll and Timekeeping Clerks in Louisville/Jefferson County, KY-IN, is typically marked by increasing salary levels. Entry-level positions will likely fall at the lower end of the pay scale, while experienced professionals with specialized skills or supervisory responsibilities can command significantly higher salaries, often reaching the upper percentiles of the $54,070 average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,170 | $18.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,553 | $19.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $51,570 | $24.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $67,588 | $32.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $72,680 | $34.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$54,070
Gross Pay
Real Wage (Purchasing Power)
$54,070
Adjusted for COL (100)
The average annual salary of $54,070 in Louisville/Jefferson County, KY-IN, 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 landscape for residents.
Job Market Context
620
Total Jobs
0.903
Per 1K Jobs
0.89
Location Quotient
Louisville/Jefferson County, KY-IN has 0.89x 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.
With a Location Quotient of 0.89, Louisville/Jefferson County, KY-IN, demonstrates a slightly lower concentration of Payroll and Timekeeping Clerks compared to the national average. This suggests that while the profession is present and necessary, the market is not as intensely competitive as in some other regions, potentially offering good opportunities for skilled individuals.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Payroll and Timekeeping Clerks Salary | $49,250↓ 9% | 39 mi |
| Columbus, IN Payroll and Timekeeping Clerks Salary | $51,450↓ 5% | 67 mi |
| Central Kentucky nonmetropolitan area Payroll and Timekeeping Clerks Salary | $48,970↓ 9% | 72 mi |
| South Central Kentucky nonmetropolitan area Payroll and Timekeeping Clerks Salary | $46,910↓ 13% | 72 mi |
| West Kentucky nonmetropolitan area Payroll and Timekeeping Clerks Salary | $51,310↓ 5% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Payroll and Timekeeping Clerks in Louisville/Jefferson County, KY-IN is $54,070. This typically ranges from $38,170 for entry-level positions to $72,680 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 4.1% lower than the national median of $56,360.
Is Louisville/Jefferson County, KY-IN a lucrative place for Payroll and Timekeeping Clerks?
No, not significantly more lucrative than the national average.The average salary of $54,070 is slightly below the national average of $56,360, and the cost of living is exactly at the national average. This indicates a comparable, rather than lucrative, earning potential.
Is Louisville/Jefferson County, KY-IN a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($49,250) and Columbus, IN.
How does the Louisville/Jefferson County payroll clerk salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Louisville/Jefferson County, KY-IN, is $54,070, which is slightly lower than the national average of $56,360.
What is the cost of living in Louisville/Jefferson County, KY-IN for payroll professionals?
The Cost of Living Index in Louisville/Jefferson County, KY-IN, is 100, which is precisely the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated is the job market for Payroll and Timekeeping Clerks in Louisville?
The job market has a Location Quotient of 0.89, meaning it is slightly less concentrated than the national average, suggesting a moderate level of demand and opportunity.
How many Payroll and Timekeeping Clerks are there in Louisville/Jefferson County, KY-IN?
There are approximately 620 Payroll and Timekeeping Clerks employed in the Louisville/Jefferson County, KY-IN, 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 620 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.903 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 Louisville/Jefferson County, KY-IN