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Average Payroll and Timekeeping Clerks Salary in Rhode Island

Payroll and Timekeeping Clerks in Rhode Island earn an average annual salary of $60,090, surpassing the national average of $56,360. This higher compensation reflects the state's specific economic landscape and potentially a greater demand for skilled administrative professionals to manage financial operations efficiently.

Executive Summary

  • Average Salary: $60,090 per year.
  • Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,760.
  • Outlook: With a local workforce of 290 Payroll and Timekeeping Clerks, Rhode Island presents a moderately concentrated job market. The Location Quotient of 0.57 indicates that while the profession is present, it is less concentrated than the national average, suggesting potential opportunities for those entering the field or seeking to transition.
2024 Market Data

Salary Overview

$60,090

The average Payroll and Timekeeping Clerks in Rhode Island earns+6.6%above the national average.

BreakdownBased on 40h/week
Hourly

$28.9

Weekly

$1,156

Monthly

$5,008

Payroll and Timekeeping Clerks Salary Distribution in Rhode Island

Salary progression for Payroll and Timekeeping Clerks in Rhode Island typically correlates with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized knowledge in complex payroll systems can command salaries in the higher percentiles, reflecting a significant career growth trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,230$19.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,068$21.7
ManagerOversees team, compliance, and project delivery.50% (Median)$59,500$28.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$75,113$36.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$79,760$38.3

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$60,090

Gross Pay

Real Wage (Purchasing Power)

$53,652

Adjusted for COL (112)

The average annual salary of $60,090 in Rhode Island should be considered in light of the state's Cost of Living Index of 112. This index, which is 12% higher than the national average, means that while the nominal salary is higher, the purchasing power of that salary is slightly diminished compared to a national average cost of living environment.

Job Market Context

290

Total Jobs

0.582

Per 1K Jobs

0.57

Location Quotient

Below Average

Rhode Island has 0.57x 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.

Rhode Island's Location Quotient of 0.57 for Payroll and Timekeeping Clerks suggests a market that is less concentrated than the national average. This could imply fewer specialized roles or a smaller pool of candidates, potentially making it easier for qualified individuals to find employment, but also indicating a less robust overall demand compared to states with higher quotients.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

CitySalaryDist.
Providence-Warwick, RI-MA Payroll and Timekeeping Clerks Salary$58,490↓ 3%11 mi
Norwich-New London-Willimantic, CT Payroll and Timekeeping Clerks Salary$58,960↓ 2%31 mi
Worcester, MA Payroll and Timekeeping Clerks Salary$58,500↓ 3%43 mi
Boston-Cambridge-Newton, MA-NH Payroll and Timekeeping Clerks Salary$64,720↑ 8%49 mi

Comparing salaries near Rhode Island

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Rhode Island?

The median annual salary for a Payroll and Timekeeping Clerks in Rhode Island is $60,090. This typically ranges from $40,230 for entry-level positions to $79,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rhode Island is 6.6% higher than the national median of $56,360.

Is Rhode Island a lucrative place for Payroll and Timekeeping Clerks?

Yes, with caveats.The average salary of $60,090 is higher than the national average, but the cost of living is also above the national average, moderating the 'lucrative' aspect.

Is Rhode Island a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rhode Island?

Some top paying nearby cities include Providence-Warwick, RI-MA ($58,490) and Norwich-New London-Willimantic, CT.

How does Rhode Island's payroll clerk salary compare nationally?

The average annual salary for Payroll and Timekeeping Clerks in Rhode Island is $60,090, which is higher than the national average of $56,360.

What is the concentration of payroll clerks in Rhode Island?

Rhode Island has a Location Quotient of 0.57 for this role, indicating it is less concentrated than the national average.

How does the cost of living affect salary perception in Rhode Island?

With a Cost of Living Index of 112, the higher nominal salary in Rhode Island is somewhat offset by increased living expenses compared to the national average.

What is the total workforce size for this role in Rhode Island?

There are approximately 290 Payroll and Timekeeping Clerks employed in Rhode Island.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Rhode Island area with a job density of 0.582 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Rhode Island