Average Payroll and Timekeeping Clerks Salary in Manchester-Nashua, NH
Payroll and Timekeeping Clerks in the Manchester-Nashua, NH area earn an impressive average annual salary of $60,090. This figure notably surpasses the national average of $56,360, suggesting that the local economic landscape and demand for these specialized administrative roles contribute to higher compensation. The concentration of these positions within the region further supports this elevated pay scale.
Executive Summary
- Average Salary: $60,090 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,130.
- Outlook: The local job market for Payroll and Timekeeping Clerks in Manchester-Nashua appears robust, with a total workforce of 320 individuals dedicated to this function. The Location Quotient of 1.56 indicates a significantly higher concentration of these roles compared to the national average, signaling strong local demand and potentially fewer professionals competing for available positions.
Salary Overview
The average Payroll and Timekeeping Clerks in Manchester-Nashua, NH earns+6.6%above the national average.
$28.9
$1,156
$5,008
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Payroll and Timekeeping Clerks in Manchester-Nashua has experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing complexity of payroll systems, and a consistent demand for accurate financial administration likely contribute to an upward trajectory in average earnings for these professionals.
Payroll and Timekeeping Clerks Salary Distribution in Manchester-Nashua, NH
Career progression for Payroll and Timekeeping Clerks typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive knowledge of complex payroll regulations and software can command salaries in the higher percentiles. The gap between these percentiles represents significant earning potential and career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,300 | $17.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $45,068 | $21.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $58,890 | $28.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $75,113 | $36.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,130 | $42.4 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$60,090
Gross Pay
Real Wage (Purchasing Power)
$60,090
Adjusted for COL (100)
For professionals considering a move to Manchester-Nashua, the average annual salary of $60,090 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, allowing for a comparable standard of living without financial strain related to higher living expenses.
Job Market Context
320
Total Jobs
1.586
Per 1K Jobs
1.56
Location Quotient
Manchester-Nashua, NH has 1.6x the national concentration of Payroll and Timekeeping Clerks jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.56 for Payroll and Timekeeping Clerks in Manchester-Nashua strongly suggests a market where demand outpaces the national average. This indicates a competitive environment for employers seeking qualified candidates, which generally translates to more favorable compensation and benefits for the clerks themselves, making it an attractive location for this profession.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Payroll and Timekeeping Clerks Salary | $56,260↓ 6% | 33 mi |
| Northern New Hampshire nonmetropolitan area Payroll and Timekeeping Clerks Salary | $60,680↑ 1% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Payroll and Timekeeping Clerks Salary | $58,290↓ 3% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Payroll and Timekeeping Clerks Salary | $64,720↑ 8% | 50 mi |
Comparing salaries near Manchester-Nashua, NH
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Manchester-Nashua, NH?
The median annual salary for a Payroll and Timekeeping Clerks in Manchester-Nashua, NH is $60,090. This typically ranges from $36,300 for entry-level positions to $88,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 6.6% higher than the national median of $56,360.
Is Manchester-Nashua, NH a lucrative place for Payroll and Timekeeping Clerks?
Yes, Manchester-Nashua, NH is a lucrative location for Payroll and Timekeeping Clerks.The average salary significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Manchester-Nashua, NH a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($56,260) and Northern New Hampshire nonmetropolitan area.
How does the local salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Manchester-Nashua, NH is $60,090, which is higher than the national average of $56,360.
What does the Location Quotient of 1.56 mean for job seekers?
A Location Quotient of 1.56 signifies that there is a higher concentration of Payroll and Timekeeping Clerk jobs in Manchester-Nashua compared to the national average, suggesting strong local demand.
Does the cost of living affect the value of the salary?
No, the cost of living in Manchester-Nashua is at the national average (100), meaning the higher local salary of $60,090 offers equivalent or better purchasing power than the national average salary.
How many Payroll and Timekeeping Clerks are employed in Manchester-Nashua?
There are approximately 320 Payroll and Timekeeping Clerks employed within the Manchester-Nashua, NH area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Manchester-Nashua, NH area with a job density of 1.586 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 Manchester-Nashua, NH