Average Payroll and Timekeeping Clerks Salary in New York-Newark-Jersey City, NY-NJ
Payroll and Timekeeping Clerks in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an average annual salary of $65,760. This figure significantly surpasses the national average of $56,360, indicating a premium for these roles within this major economic hub. The higher compensation is likely driven by the region's robust business environment and the demand for skilled administrative support in a high-cost urban setting.
Executive Summary
- Average Salary: $65,760 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,650.
- Outlook: With a local workforce of 7,950 Payroll and Timekeeping Clerks, the New York-Newark-Jersey City area demonstrates a substantial presence in this occupation. The Location Quotient of 0.83 suggests that while the concentration is slightly below the national average, the sheer volume of jobs indicates a stable and active market. The rate of 0.849 jobs per 1,000 workers further underscores the consistent need for these essential administrative functions within the region's diverse economy.
Salary Overview
The average Payroll and Timekeeping Clerks in New York-Newark-Jersey City, NY-NJ earns+16.7%above the national average.
$31.6
$1,265
$5,480
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Payroll and Timekeeping Clerks in the dynamic New York-Newark-Jersey City region have experienced steady growth over the past four years. Economic expansion, inflation, and evolving payroll complexities typically drive upward salary trends, ensuring that compensation keeps pace with the cost of living and market demand.
Payroll and Timekeeping Clerks Salary Distribution in New York-Newark-Jersey City, NY-NJ
Career progression for Payroll and Timekeeping Clerks typically involves a noticeable salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with advanced skills in payroll software, compliance, and reporting can command significantly higher salaries. The percentile gaps in salary distributions clearly signify these opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,410 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,320 | $23.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,710 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,200 | $39.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,650 | $42.6 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$65,760
Gross Pay
Real Wage (Purchasing Power)
$65,760
Adjusted for COL (100)
The average annual salary of $65,760 in the New York-Newark-Jersey City area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively equivalent to the national average due to the local cost of living. Therefore, relocating to this area for this role does not offer a significant advantage in terms of disposable income compared to the national average.
Job Market Context
7,950
Total Jobs
0.849
Per 1K Jobs
0.83
Location Quotient
New York-Newark-Jersey City, NY-NJ has 0.83x 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.
A Location Quotient of 0.83 indicates that Payroll and Timekeeping Clerk roles are slightly less concentrated in the New York-Newark-Jersey City area compared to the national average. This suggests that while the market is not oversaturated, there is a healthy demand for these professionals within the region's extensive business landscape. The job market is competitive but offers consistent opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Payroll and Timekeeping Clerks Salary | $59,520↓ 9% | 44 mi |
| Trenton-Princeton, NJ Payroll and Timekeeping Clerks Salary | $59,090↓ 10% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Payroll and Timekeeping Clerks Salary | $65,290↓ 1% | 54 mi |
| New Haven, CT Payroll and Timekeeping Clerks Salary | $63,180↓ 4% | 70 mi |
| Waterbury-Shelton, CT Payroll and Timekeeping Clerks Salary | $60,860↓ 7% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Payroll and Timekeeping Clerks in New York-Newark-Jersey City, NY-NJ is $65,760. This typically ranges from $44,410 for entry-level positions to $88,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 16.7% higher than the national median of $56,360.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Payroll and Timekeeping Clerks?
Yes, it offers a higher nominal salary.The average salary of $65,760 is notably higher than the national average. However, this is balanced by a Cost of Living Index of 100, meaning the increased pay does not translate to greater purchasing power compared to the national average.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($59,520) and Trenton-Princeton, NJ.
How does the local workforce size impact job availability for Payroll and Timekeeping Clerks in NY-NJ?
The substantial local workforce of 7,950 indicates a significant presence of this occupation, suggesting a stable job market with consistent demand for Payroll and Timekeeping Clerks.
What does a Location Quotient of 0.83 mean for Payroll and Timekeeping Clerks in this region?
A Location Quotient of 0.83 signifies that Payroll and Timekeeping Clerks are slightly less concentrated here than the national average, implying a healthy, competitive job market rather than an oversaturated one.
Does the Cost of Living in NY-Newark-Jersey City affect the real value of a Payroll and Timekeeping Clerk's salary?
With a Cost of Living Index of 100 (matching the national average), the higher nominal salary of $65,760 offers purchasing power equivalent to the national average, meaning the real value of the salary is comparable.
Are there many job openings for Payroll and Timekeeping Clerks in the NY-Newark-Jersey City area?
The rate of 0.849 jobs per 1,000 workers suggests a steady stream of opportunities, reflecting consistent demand for these essential administrative roles within the region's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,950 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.849 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 New York-Newark-Jersey City, NY-NJ