SalaryNode

Average Payroll and Timekeeping Clerks Salary in Southwest Minnesota nonmetropolitan area

The average salary for a Payroll and Timekeeping Clerks in Southwest Minnesota nonmetropolitan area is $56,030. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $56,030 per year.
  • Growth Trend: Salaries have shifted 25.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $70,200.
  • Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Southwest Minnesota nonmetropolitan area economy.
2024 Market Data

Salary Overview

$56,030

The average Payroll and Timekeeping Clerks in Southwest Minnesota nonmetropolitan area earns-0.6%below the national average.

BreakdownBased on 40h/week
Hourly

$26.9

Weekly

$1,078

Monthly

$4,669

Payroll and Timekeeping Clerks Salary Distribution in Southwest Minnesota nonmetropolitan area

The earning potential for Payroll and Timekeeping Clerkss in Southwest Minnesota nonmetropolitan area varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $43,930, while highly experienced professionals can command wages upwards of $70,200.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,930$21.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$42,023$20.2
ManagerOversees team, compliance, and project delivery.50% (Median)$56,290$27.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$70,038$33.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$70,200$33.8

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$56,030

Gross Pay

Real Wage (Purchasing Power)

$56,030

Adjusted for COL (100)

In Southwest Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $56,030 to $56,030.

Job Market Context

140

Total Jobs

1.196

Per 1K Jobs

1.17

Location Quotient

Above Average

With a location quotient of 1.17, Southwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

140 people work as Payroll and Timekeeping Clerks in Southwest Minnesota nonmetropolitan area.

1.196 out of every 1,000 local jobs are Payroll and Timekeeping Clerks positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Southwest Minnesota nonmetropolitan area

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Southwest Minnesota nonmetropolitan area?

The median annual salary for a Payroll and Timekeeping Clerks in Southwest Minnesota nonmetropolitan area is $56,030. This typically ranges from $43,930 for entry-level positions to $70,200 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Minnesota nonmetropolitan area is 0.6% lower than the national median of $56,360.

Is Southwest Minnesota nonmetropolitan area a good place for Payroll and Timekeeping Clerkss?

It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Southwest Minnesota nonmetropolitan area is $56,030 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southwest Minnesota nonmetropolitan area. See distinct detailed breakdown below.

Is Southwest Minnesota nonmetropolitan area a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($57,040) and Minneapolis-St. Paul-Bloomington, MN-WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 1.196 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.