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Average Payroll and Timekeeping Clerks Salary in Salt Lake City-Murray, UT

In Salt Lake City-Murray, UT, Payroll and Timekeeping Clerks earn an average annual salary of $56,070. This figure is remarkably close to the national average of $56,360, indicating a stable and competitive compensation landscape. Local economic factors and the specific demand within the region contribute to this near-parity.

Executive Summary

  • Average Salary: $56,070 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,950.
  • Outlook: With a local workforce of 780 Payroll and Timekeeping Clerks, Salt Lake City-Murray demonstrates a solid presence in this sector. The Location Quotient of 0.94 suggests that the concentration of these roles is slightly below the national average, implying a steady but not overly saturated job market. This indicates a healthy demand for skilled professionals in payroll and timekeeping within the area.
2024 Market Data

Salary Overview

$56,070

The average Payroll and Timekeeping Clerks in Salt Lake City-Murray, UT earns-0.5%below the national average.

BreakdownBased on 40h/week
Hourly

$27

Weekly

$1,078

Monthly

$4,673

Payroll and Timekeeping Clerks Salary Distribution in Salt Lake City-Murray, UT

Career progression for Payroll and Timekeeping Clerks in Salt Lake City-Murray typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with extensive experience and specialized knowledge can command salaries in the higher percentiles. These percentile gaps clearly signify the value placed on accumulated expertise and responsibility within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,220$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,053$20.2
ManagerOversees team, compliance, and project delivery.50% (Median)$54,790$26.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,088$33.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,950$36

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$56,070

Gross Pay

Real Wage (Purchasing Power)

$56,070

Adjusted for COL (100)

The nominal average salary of $56,070 in Salt Lake City-Murray aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in this metropolitan area is equivalent to the national average. Consequently, the salary offers a standard of living comparable to the rest of the country, without significant financial advantages or disadvantages due to cost of living.

Job Market Context

780

Total Jobs

0.961

Per 1K Jobs

0.94

Location Quotient

Below Average

Salt Lake City-Murray, UT has 0.94x 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 0.94 indicates that Payroll and Timekeeping Clerks are slightly less concentrated in Salt Lake City-Murray compared to the national average. This suggests that while the job market is stable and offers opportunities, it is not exceptionally saturated. Professionals entering this market will find a competitive but accessible environment, with a steady need for their skills.

Nearby Job Markets

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Salt Lake City-Murray, UT?

The median annual salary for a Payroll and Timekeeping Clerks in Salt Lake City-Murray, UT is $56,070. This typically ranges from $39,220 for entry-level positions to $74,950 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Salt Lake City-Murray, UT is 0.5% lower than the national median of $56,360.

Is Salt Lake City-Murray, UT a lucrative place for Payroll and Timekeeping Clerks?

Yes, it offers competitive compensation.The average salary is nearly identical to the national average, and the cost of living is also at the national average, indicating good earning potential relative to expenses.

Is Salt Lake City-Murray, UT a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Salt Lake City-Murray, UT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Salt Lake City-Murray, UT?

Some top paying nearby cities include Ogden, UT ($56,400) and Provo-Orem-Lehi, UT.

How does the local workforce size impact job availability?

A local workforce of 780 indicates a substantial presence of Payroll and Timekeeping Clerks, suggesting consistent demand and opportunities for both new entrants and experienced professionals.

What does a Location Quotient of 0.94 mean for job seekers?

A Location Quotient of 0.94 means the concentration of Payroll and Timekeeping Clerks is slightly lower than the national average, implying a balanced job market that is neither overly competitive nor scarce.

How does experience affect salary for Payroll and Timekeeping Clerks in this area?

Experience significantly impacts earnings, with senior roles commanding higher salaries than entry-level positions, reflecting increased responsibility and specialized knowledge.

Is the cost of living in Salt Lake City-Murray a factor for Payroll and Timekeeping Clerks?

With a Cost of Living Index of 100, the cost of living is average nationally, meaning the $56,070 salary provides standard purchasing power comparable to the rest of the United States.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Salt Lake City-Murray, UT area with a job density of 0.961 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.