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Average Payroll and Timekeeping Clerks Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

In Nashville-Davidson--Murfreesboro--Franklin, TN, Payroll and Timekeeping Clerks earn an average annual salary of $55,210. This figure is slightly below the national average of $56,360, indicating a minor disparity that can be influenced by local economic factors and the specific demand within the region's diverse industries. The concentration of these roles within the Nashville metropolitan area plays a key role in shaping compensation.

Executive Summary

  • Average Salary: $55,210 per year.
  • Growth Trend: Salaries have shifted 22.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $73,410.
  • Outlook: The local job market for Payroll and Timekeeping Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN, appears robust, with a total workforce of 1,280 individuals in this role. A Location Quotient of 1.14 suggests a slightly higher concentration of these jobs compared to the national average, implying a steady demand and a stable employment landscape for professionals in this field within the region.
2024 Market Data

Salary Overview

$55,210

The average Payroll and Timekeeping Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN earns-2.0%below the national average.

BreakdownBased on 40h/week
Hourly

$26.5

Weekly

$1,062

Monthly

$4,601

Payroll and Timekeeping Clerks Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Career progression for Payroll and Timekeeping Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN, typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries well into the higher percentiles, reflecting a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,710$19.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,408$19.9
ManagerOversees team, compliance, and project delivery.50% (Median)$53,710$25.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,013$33.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$73,410$35.3

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$55,210

Gross Pay

Real Wage (Purchasing Power)

$55,210

Adjusted for COL (100)

The average annual salary of $55,210 in Nashville-Davidson--Murfreesboro--Franklin, TN, 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 region is equivalent to the national standard, offering a balanced financial outlook for residents.

Job Market Context

1,280

Total Jobs

1.163

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

With a Location Quotient of 1.14, the Nashville-Davidson--Murfreesboro--Franklin, TN, area shows a slightly higher concentration of Payroll and Timekeeping Clerk positions than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is present and professionals can find opportunities without facing extreme competition.

Nearby Job Markets

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Payroll and Timekeeping Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN is $55,210. This typically ranges from $40,710 for entry-level positions to $73,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 2.0% lower than the national median of $56,360.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Payroll and Timekeeping Clerks?

Yes, it offers a balanced financial environment for Payroll and Timekeeping Clerks.The average salary of $55,210 aligns with the national average cost of living, providing stable purchasing power. Furthermore, a Location Quotient above 1 indicates a slightly higher concentration of these jobs, suggesting consistent demand.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include East Tennessee nonmetropolitan area ($47,710) and South Central Tennessee nonmetropolitan area.

How does the Nashville payroll clerk salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Nashville-Davidson--Murfreesboro--Franklin, TN, is $55,210, which is slightly lower than the national average of $56,360.

What is the cost of living in Nashville for payroll professionals?

The cost of living in Nashville-Davidson--Murfreesboro--Franklin, TN, is exactly at the national average, indicated by a Cost of Living Index of 100.

Is there strong demand for Payroll and Timekeeping Clerks in Nashville?

The Location Quotient of 1.14 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady demand within the local market.

How many Payroll and Timekeeping Clerks are there in the Nashville area?

The Nashville-Davidson--Murfreesboro--Franklin, TN, area employs approximately 1,280 Payroll and Timekeeping Clerks.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,280 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 1.163 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.