Average Payroll and Timekeeping Clerks Salary in Peoria, IL
The average salary for a Payroll and Timekeeping Clerks in Peoria, IL is $57,370. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $57,370 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,660.
- Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Peoria, IL economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Peoria, IL earns+1.8%above the national average.
$27.6
$1,103
$4,781
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
Over the past 4 years, Payroll and Timekeeping Clerks salaries in Peoria, IL have experienced a rapid surge, growing by 22.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Payroll and Timekeeping Clerks Salary Distribution in Peoria, IL
The earning potential for Payroll and Timekeeping Clerkss in Peoria, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $29,120, while highly experienced professionals can command wages upwards of $74,660.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $29,120 | $14 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $43,028 | $20.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,350 | $27.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $71,713 | $34.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,660 | $35.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$57,370
Gross Pay
Real Wage (Purchasing Power)
$57,370
Adjusted for COL (100)
In Peoria, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $57,370 to $57,370.
Job Market Context
140
Total Jobs
0.85
Per 1K Jobs
0.84
Location Quotient
Peoria, IL has 0.84x 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.
140 people work as Payroll and Timekeeping Clerks in Peoria, IL.
Only 0.85 out of every 1,000 local jobs are Payroll and Timekeeping Clerks roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Payroll and Timekeeping Clerks Salary | $56,740↓ 1% | 39 mi |
| West Central Illinois nonmetropolitan area Payroll and Timekeeping Clerks Salary | $50,080↓ 13% | 43 mi |
| East Central Illinois nonmetropolitan area Payroll and Timekeeping Clerks Salary | $48,920↓ 15% | 43 mi |
| Northwest Illinois nonmetropolitan area Payroll and Timekeeping Clerks Salary | $53,310↓ 7% | 43 mi |
| South Illinois nonmetropolitan area Payroll and Timekeeping Clerks Salary | $53,510↓ 7% | 43 mi |
Comparing salaries near Peoria, IL
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Peoria, IL?
The median annual salary for a Payroll and Timekeeping Clerks in Peoria, IL is $57,370. This typically ranges from $29,120 for entry-level positions to $74,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 1.8% higher than the national median of $56,360.
Is Peoria, IL a good place for Payroll and Timekeeping Clerkss?
Yes, Peoria, IL is financially attractive for Payroll and Timekeeping Clerkss. The average salary of $57,370 exceeds the national average. See distinct detailed breakdown below.
Is Peoria, IL a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($56,740) and West Central Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Peoria, IL area with a job density of 0.85 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 Peoria, IL