Average Payroll and Timekeeping Clerks Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Payroll and Timekeeping Clerks in the Philadelphia-Camden-Wilmington area earn an average annual salary of $59,420, slightly exceeding the national average of $56,360. This localized premium is influenced by the region's economic dynamics and the specific demand for skilled administrative professionals within its diverse industries. The concentration of businesses and the need for accurate financial record-keeping contribute to this competitive compensation.
Executive Summary
- Average Salary: $59,420 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $82,980.
- Outlook: With a local workforce of 2,800 Payroll and Timekeeping Clerks, the Philadelphia-Camden-Wilmington area demonstrates a stable job market for this profession. The Location Quotient of 0.96 suggests that the concentration of these roles is nearly on par with the national average, indicating a healthy and consistent demand that supports the existing workforce size.
Salary Overview
The average Payroll and Timekeeping Clerks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+5.4%above the national average.
$28.6
$1,143
$4,952
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 Philadelphia-Camden-Wilmington region have experienced steady growth over the past four years. This trend is generally observed across administrative support roles as businesses adapt to evolving economic conditions and increasing compliance requirements, often leading to upward adjustments in compensation to attract and retain qualified personnel.
Payroll and Timekeeping Clerks Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Career progression for Payroll and Timekeeping Clerks typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary range suggests that experienced professionals, particularly those with specialized skills or supervisory responsibilities, can command substantially higher earnings than their junior counterparts, reflecting a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,470 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,565 | $21.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $57,720 | $27.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,275 | $35.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $82,980 | $39.9 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$59,420
Gross Pay
Real Wage (Purchasing Power)
$59,420
Adjusted for COL (100)
The average annual salary of $59,420 in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100, which represents 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 landscape for residents.
Job Market Context
2,800
Total Jobs
0.975
Per 1K Jobs
0.96
Location Quotient
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has 0.96x 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.
The Location Quotient of 0.96 for Payroll and Timekeeping Clerks in Philadelphia-Camden-Wilmington indicates a job market that is very close to the national average in terms of concentration. This suggests a competitive yet stable environment where the number of available positions closely mirrors the national distribution, providing ample opportunities without extreme saturation.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Trenton-Princeton, NJ Payroll and Timekeeping Clerks Salary | $59,090↓ 1% | 28 mi |
| Vineland, NJ Payroll and Timekeeping Clerks Salary | $53,170↓ 11% | 35 mi |
| Allentown-Bethlehem-Easton, PA-NJ Payroll and Timekeeping Clerks Salary | $57,080↓ 4% | 47 mi |
| Reading, PA Payroll and Timekeeping Clerks Salary | $54,810↓ 8% | 48 mi |
Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
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Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median annual salary for a Payroll and Timekeeping Clerks in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $59,420. This typically ranges from $38,470 for entry-level positions to $82,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 5.4% higher than the national median of $56,360.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Payroll and Timekeeping Clerks?
Yes, it offers competitive compensation.The average salary of $59,420 is higher than the national average, and the cost of living is at the national average, indicating good purchasing power.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
Some top paying nearby cities include Trenton-Princeton, NJ ($59,090) and Vineland, NJ.
How does the local workforce size impact job prospects?
A local workforce of 2,800 Payroll and Timekeeping Clerks suggests a substantial pool of professionals, indicating a mature market with consistent demand for these roles.
What does a Location Quotient of 0.96 signify?
A Location Quotient of 0.96 means the concentration of Payroll and Timekeeping Clerks in Philadelphia-Camden-Wilmington is slightly below the national average, suggesting a balanced job market with opportunities.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $59,420 salary in Philadelphia-Camden-Wilmington offers purchasing power equivalent to the national average, making it a stable financial environment.
Are there many Payroll and Timekeeping Clerk jobs per capita?
With 0.975 jobs per 1,000 workers, the Philadelphia-Camden-Wilmington area has a job density very close to the national average, indicating consistent employment opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,800 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.975 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD