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Average Payroll and Timekeeping Clerks Salary in North Carolina

Payroll and Timekeeping Clerks in North Carolina earn an average annual salary of $52,880. This figure is slightly below the national average of $56,360, reflecting regional economic factors and the specific demand within the state's business landscape. The cost of living also plays a role in how this salary translates to purchasing power.

Executive Summary

  • Average Salary: $52,880 per year.
  • Growth Trend: Salaries have shifted 20.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,640.
  • Outlook: With a local workforce of 3,620 Payroll and Timekeeping Clerks, North Carolina demonstrates a stable presence in this occupational category. The location quotient of 0.73 suggests that while the profession is present, it is not as concentrated as the national average, indicating a moderate but steady demand for these essential administrative roles within the state's economy.
2024 Market Data

Salary Overview

$52,880

The average Payroll and Timekeeping Clerks in North Carolina earns-6.2%below the national average.

BreakdownBased on 40h/week
Hourly

$25.4

Weekly

$1,017

Monthly

$4,407

Payroll and Timekeeping Clerks Salary Distribution in North Carolina

Career progression for Payroll and Timekeeping Clerks in North Carolina typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their increased value and responsibility in managing complex payroll systems.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$33,450$16.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,660$19.1
ManagerOversees team, compliance, and project delivery.50% (Median)$52,000$25
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,100$31.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,640$35.9

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$52,880

Gross Pay

Real Wage (Purchasing Power)

$55,722

Adjusted for COL (94.9)

The average annual salary of $52,880 in North Carolina is quite favorable when considered against the state's Cost of Living Index of 94.9. This index is below the national average of 100, meaning that the purchasing power of a Payroll and Timekeeping Clerk's salary in North Carolina is likely higher than the nominal salary might initially suggest, offering a good standard of living.

Job Market Context

3,620

Total Jobs

0.739

Per 1K Jobs

0.73

Location Quotient

Below Average

North Carolina has 0.73x 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 0.73 indicates that Payroll and Timekeeping Clerks are slightly less concentrated in North Carolina compared to the national average. This suggests that while the profession is well-established, there may be opportunities for growth and less intense competition for talent compared to more saturated markets, making it a potentially attractive environment for both employers and job seekers.

Nearby Job Markets

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Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in North Carolina?

The median annual salary for a Payroll and Timekeeping Clerks in North Carolina is $52,880. This typically ranges from $33,450 for entry-level positions to $74,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Carolina is 6.2% lower than the national median of $56,360.

Is North Carolina a lucrative place for Payroll and Timekeeping Clerks?

Yes, with a caveat.While the average salary is slightly below the national average, North Carolina's lower cost of living enhances the purchasing power of the $52,880 salary, making it a financially sound location.

Is North Carolina a good place to live for Payroll and Timekeeping Clerks?

With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near North Carolina?

Some top paying nearby cities include Greensboro-High Point, NC ($49,940) and Pinehurst-Southern Pines, NC.

How does the North Carolina salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in North Carolina is $52,880, which is approximately $3,480 less than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in North Carolina?

North Carolina has a location quotient of 0.73 for this role, meaning the profession is less concentrated than the national average. There are approximately 0.739 jobs per 1,000 workers.

How does the cost of living affect the salary in North Carolina?

With a Cost of Living Index of 94.9, North Carolina is more affordable than the national average (100). This means the $52,880 salary offers better purchasing power than it might in a higher cost-of-living state.

What is the total number of Payroll and Timekeeping Clerks in North Carolina?

There are 3,620 Payroll and Timekeeping Clerks employed in North Carolina, representing a significant segment of the administrative workforce in the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,620 employees in the North Carolina area with a job density of 0.739 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.