Average Payroll and Timekeeping Clerks Salary in Southern Indiana nonmetropolitan area
In Southern Indiana's nonmetropolitan areas, Payroll and Timekeeping Clerks earn an average annual salary of $48,230. This figure is notably below the national average of $56,360. The localized pay scale is influenced by the specific economic conditions and demand within this particular region, which typically offers a different compensation structure compared to larger metropolitan hubs.
Executive Summary
- Average Salary: $48,230 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,080.
- Outlook: The job market for Payroll and Timekeeping Clerks in Southern Indiana's nonmetropolitan areas appears stable, with a total local workforce of 200 individuals in this role. The Location Quotient of 1.02 suggests a concentration of these roles that is very close to the national average, indicating a steady, albeit not exceptionally high, demand for these professionals within the region.
Salary Overview
The average Payroll and Timekeeping Clerks in Southern Indiana nonmetropolitan area earns-14.4%below the national average.
$23.2
$928
$4,019
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it's reasonable to assume that salaries for Payroll and Timekeeping Clerks in similar regions have experienced modest growth over the past four years. This growth would likely mirror general economic trends and inflation, ensuring that compensation keeps pace with the evolving cost of living and the increasing complexity of payroll management.
Payroll and Timekeeping Clerks Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Payroll and Timekeeping Clerks typically involves a clear salary scaling from entry-level to senior positions. As clerks gain experience, develop specialized skills in areas like tax compliance or benefits administration, and take on more complex responsibilities, their earning potential increases significantly. The gap between starting salaries and those earned by seasoned professionals reflects this valuable accumulation of expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,010 | $16.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,173 | $17.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $46,190 | $22.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $60,288 | $29 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $66,080 | $31.8 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$48,230
Gross Pay
Real Wage (Purchasing Power)
$48,230
Adjusted for COL (100)
The nominal average salary of $48,230 in Southern Indiana's nonmetropolitan areas aligns perfectly with the national Cost of Living Index of 100. This means that, on average, the purchasing power of a Payroll and Timekeeping Clerk's salary in this region is equivalent to that of a clerk in a national average cost-of-living area, suggesting a balanced financial landscape for residents.
Job Market Context
200
Total Jobs
1.041
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Southern Indiana nonmetropolitan area has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.
With a Location Quotient of 1.02, the job market for Payroll and Timekeeping Clerks in Southern Indiana's nonmetropolitan areas is neither significantly over- nor under-saturated compared to the national landscape. This indicates a balanced supply and demand, suggesting that while opportunities exist, the market is not exceptionally competitive, offering a stable environment for those seeking employment in this field.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Payroll and Timekeeping Clerks Salary | $52,700↑ 9% | 8 mi |
| Columbus, IN Payroll and Timekeeping Clerks Salary | $51,450↑ 7% | 48 mi |
| Bloomington, IN Payroll and Timekeeping Clerks Salary | $49,420↑ 2% | 49 mi |
| Lafayette-West Lafayette, IN Payroll and Timekeeping Clerks Salary | $49,250↑ 2% | 50 mi |
Comparing salaries near Southern Indiana nonmetropolitan area
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Southern Indiana nonmetropolitan area?
The median annual salary for a Payroll and Timekeeping Clerks in Southern Indiana nonmetropolitan area is $48,230. This typically ranges from $35,010 for entry-level positions to $66,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 14.4% lower than the national median of $56,360.
Is Southern Indiana nonmetropolitan area a lucrative place for Payroll and Timekeeping Clerks?
No, not when compared to the national average.While the cost of living is average, the nominal salary of $48,230 is significantly lower than the national average of $56,360. The job market concentration is also only slightly above the national average.
Is Southern Indiana nonmetropolitan area a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($52,700) and Columbus, IN.
How does the local workforce size affect job prospects?
A local workforce of 200 suggests a moderate number of available positions. While not a large market, it indicates a consistent need for payroll professionals within the region's businesses.
What is the significance of the 1.041 jobs per 1,000 workers metric?
This metric shows that for every 1,000 workers in the Southern Indiana nonmetropolitan area, approximately 1.041 are employed as Payroll and Timekeeping Clerks, reinforcing the stable demand for this role.
Does experience significantly impact salary for this role in Southern Indiana?
Yes, as in most fields, experience is a key driver of salary. Senior clerks with specialized knowledge and a proven track record will command higher salaries than entry-level positions.
How does the cost of living compare to other nonmetropolitan areas?
The cost of living index of 100 indicates that Southern Indiana's nonmetropolitan areas are on par with the national average. This means that the $48,230 salary offers average purchasing power within this region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Southern Indiana nonmetropolitan area area with a job density of 1.041 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Payroll and Timekeeping Clerks Salaries by State
Top Jobs in Southern Indiana nonmetropolitan area
- All Occupations Salary in Southern Indiana nonmetropolitan area
- Production Occupations Salary in Southern Indiana nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Southern Indiana nonmetropolitan area
- Office and Administrative Support Occupations Salary in Southern Indiana nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Southern Indiana nonmetropolitan area
- Sales and Related Occupations Salary in Southern Indiana nonmetropolitan area
- Miscellaneous Assemblers and Fabricators Salary in Southern Indiana nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Southern Indiana nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Southern Indiana nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Southern Indiana nonmetropolitan area
- Browse All Jobs in Southern Indiana nonmetropolitan area →
Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Southern Indiana nonmetropolitan area