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Average Payroll and Timekeeping Clerks Salary in St. Louis, MO-IL

Payroll and Timekeeping Clerks in the St. Louis, MO-IL area earn an average annual salary of $55,880. This figure is slightly below the national average of $56,360, indicating a marginal difference in compensation. Local economic factors and the specific demand within the region contribute to this pay rate.

Executive Summary

  • Average Salary: $55,880 per year.
  • Growth Trend: Salaries have shifted 23.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,860.
  • Outlook: With a local workforce of 1,510 Payroll and Timekeeping Clerks, St. Louis demonstrates a stable presence in this occupation. The Location Quotient of 1.11 suggests a slightly higher concentration of these roles compared to the national average, implying a healthy demand and a robust job market for these professionals within the metropolitan area.
2024 Market Data

Salary Overview

$55,880

The average Payroll and Timekeeping Clerks in St. Louis, MO-IL earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$26.9

Weekly

$1,075

Monthly

$4,657

Payroll and Timekeeping Clerks Salary Distribution in St. Louis, MO-IL

Career progression for Payroll and Timekeeping Clerks in St. Louis, MO-IL typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,160$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,910$20.1
ManagerOversees team, compliance, and project delivery.50% (Median)$54,790$26.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,850$33.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,860$36

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$55,880

Gross Pay

Real Wage (Purchasing Power)

$55,880

Adjusted for COL (100)

The nominal average salary of $55,880 in St. Louis aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in St. Louis is equivalent to the national average, suggesting that the cost of essential goods and services is neither significantly higher nor lower than the typical American city.

Job Market Context

1,510

Total Jobs

1.13

Per 1K Jobs

1.11

Location Quotient

Above Average

With a location quotient of 1.11, St. Louis, MO-IL has a slightly higher-than-average concentration of Payroll and Timekeeping Clerks roles compared to the national norm.

The Location Quotient of 1.11 for Payroll and Timekeeping Clerks in St. Louis, MO-IL indicates that this occupation is slightly more concentrated in the area than the national average. This suggests a moderately competitive job market where employers may have a slightly larger pool of qualified candidates to choose from, but demand remains steady.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

CitySalaryDist.
Springfield, IL Payroll and Timekeeping Clerks Salary$56,050↑ 0%84 mi
Cape Girardeau, MO-IL Payroll and Timekeeping Clerks Salary$48,150↓ 14%97 mi

Comparing salaries near St. Louis, MO-IL

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in St. Louis, MO-IL?

The median annual salary for a Payroll and Timekeeping Clerks in St. Louis, MO-IL is $55,880. This typically ranges from $36,160 for entry-level positions to $74,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Louis, MO-IL is 0.9% lower than the national median of $56,360.

Is St. Louis, MO-IL a lucrative place for Payroll and Timekeeping Clerks?

Yes, St. Louis offers a competitive environment for Payroll and Timekeeping Clerks.The average salary is closely aligned with the national average, and the cost of living is also at the national average, providing good purchasing power. The slightly higher concentration of these roles suggests consistent demand.

Is St. Louis, MO-IL a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Louis, MO-IL?

Some top paying nearby cities include Springfield, IL ($56,050) and Cape Girardeau, MO-IL.

How does the St. Louis payroll clerk salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in St. Louis, MO-IL is $55,880, which is slightly below the national average of $56,360.

What is the cost of living in St. Louis, MO-IL?

St. Louis, MO-IL has a Cost of Living Index of 100, which is exactly the national average, indicating a balanced cost of living.

How many Payroll and Timekeeping Clerks are there in St. Louis?

There are approximately 1,510 Payroll and Timekeeping Clerks employed in the St. Louis, MO-IL metropolitan area.

Is the job market for payroll clerks strong in St. Louis?

With a Location Quotient of 1.11, the job market for Payroll and Timekeeping Clerks in St. Louis is slightly more concentrated than the national average, suggesting a healthy and steady demand for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the St. Louis, MO-IL area with a job density of 1.13 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in St. Louis, MO-IL