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Average Payroll and Timekeeping Clerks Salary in Santa Fe, NM

The average salary for a Payroll and Timekeeping Clerks in Santa Fe, NM is $52,840. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $52,840 per year.
  • Growth Trend: Salaries have shifted 5.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $75,450.
  • Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Santa Fe, NM economy.
2024 Market Data

Salary Overview

$52,840

The average Payroll and Timekeeping Clerks in Santa Fe, NM earns-6.2%below the national average.

BreakdownBased on 40h/week
Hourly

$25.4

Weekly

$1,016

Monthly

$4,403

Payroll and Timekeeping Clerks Salary Distribution in Santa Fe, NM

The earning potential for Payroll and Timekeeping Clerkss in Santa Fe, NM 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 $29,550, while highly experienced professionals can command wages upwards of $75,450.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$29,550$14.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,630$19.1
ManagerOversees team, compliance, and project delivery.50% (Median)$53,640$25.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,050$31.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$75,450$36.3

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$52,840

Gross Pay

Real Wage (Purchasing Power)

$52,840

Adjusted for COL (100)

In Santa Fe, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $52,840 to $52,840.

Job Market Context

30

Total Jobs

0.554

Per 1K Jobs

0.54

Location Quotient

Below Average

Santa Fe, NM has 0.54x 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.

30 people work as Payroll and Timekeeping Clerks in Santa Fe, NM.

Only 0.554 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

Comparing salaries near Santa Fe, NM

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Santa Fe, NM?

The median annual salary for a Payroll and Timekeeping Clerks in Santa Fe, NM is $52,840. This typically ranges from $29,550 for entry-level positions to $75,450 for top-level roles.

How does the salary compare to the national average?

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

Is Santa Fe, NM a good place for Payroll and Timekeeping Clerkss?

It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Santa Fe, NM is $52,840 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Santa Fe, NM. See distinct detailed breakdown below.

Is Santa Fe, NM a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Santa Fe, NM is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Santa Fe, NM?

Some top paying nearby cities include Albuquerque, NM ($55,130) and Eastern New Mexico 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 30 employees in the Santa Fe, NM area with a job density of 0.554 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.