Average Payroll and Timekeeping Clerks Salary in Springfield, MO
In Springfield, MO, Payroll and Timekeeping Clerks earn an average annual salary of $52,740. This figure is slightly below the national average of $56,360, reflecting localized economic factors and demand within the Springfield metropolitan area. The specific pay rates are influenced by the cost of labor and the concentration of businesses requiring these essential financial support roles.
Executive Summary
- Average Salary: $52,740 per year.
- Growth Trend: Salaries have shifted 36.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,070.
- Outlook: Springfield, MO supports a local workforce of 220 Payroll and Timekeeping Clerks. With a Location Quotient of 0.95, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand for these professionals within the region. The presence of nearly one job per thousand workers suggests a healthy, albeit not exceptionally concentrated, market.
Salary Overview
The average Payroll and Timekeeping Clerks in Springfield, MO earns-6.4%below the national average.
$25.4
$1,014
$4,395
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Payroll and Timekeeping Clerks in Springfield, MO, like in most markets, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing complexity of payroll regulations, and a consistent need for skilled professionals to manage compensation accurately.
Payroll and Timekeeping Clerks Salary Distribution in Springfield, MO
Career progression for Payroll and Timekeeping Clerks in Springfield, MO, typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary range widens considerably as experience grows, with senior clerks often commanding salaries well above the average, reflecting their expanded responsibilities and expertise in complex payroll systems.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,350 | $17 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $39,555 | $19 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,320 | $23.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $65,925 | $31.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $75,070 | $36.1 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$52,740
Gross Pay
Real Wage (Purchasing Power)
$52,740
Adjusted for COL (100)
The average annual salary of $52,740 in Springfield, MO, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of goods and services in Springfield is neither a significant advantage nor disadvantage compared to the rest of the country.
Job Market Context
220
Total Jobs
0.969
Per 1K Jobs
0.95
Location Quotient
Springfield, MO has 0.95x 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.
With a Location Quotient of 0.95, Springfield, MO, presents a job market for Payroll and Timekeeping Clerks that is very close to the national average in terms of concentration. This suggests that while the demand is present and steady, the market is not oversaturated, nor is it exceptionally scarce, offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Payroll and Timekeeping Clerks Salary | $52,670↓ 0% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Payroll and Timekeeping Clerks Salary | $48,690↓ 8% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Springfield, MO?
The median annual salary for a Payroll and Timekeeping Clerks in Springfield, MO is $52,740. This typically ranges from $35,350 for entry-level positions to $75,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 6.4% lower than the national median of $56,360.
Is Springfield, MO a lucrative place for Payroll and Timekeeping Clerks?
No, not exceptionally lucrative compared to the national average.The average salary of $52,740 is slightly below the national average of $56,360, and the cost of living is exactly at the national average. This indicates that while pay is stable, it does not offer a significant financial advantage over other regions.
Is Springfield, MO a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($52,670) and Fayetteville-Springdale-Rogers, AR.
How does the Springfield, MO payroll clerk salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Springfield, MO is $52,740, which is slightly lower than the national average of $56,360.
What is the concentration of Payroll and Timekeeping Clerks in Springfield, MO?
Springfield, MO has a Location Quotient of 0.95 for Payroll and Timekeeping Clerks, indicating a concentration that is very close to the national average.
Does the cost of living in Springfield, MO affect the value of the payroll clerk salary?
No, the cost of living in Springfield, MO is exactly at the national average (index of 100), meaning the $52,740 salary has purchasing power equivalent to the national average.
How many Payroll and Timekeeping Clerks work in Springfield, MO?
There are approximately 220 Payroll and Timekeeping Clerks employed in the Springfield, MO area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Springfield, MO area with a job density of 0.969 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Springfield, MO