Average Payroll and Timekeeping Clerks Salary in Traverse City, MI
The average salary for a Payroll and Timekeeping Clerks in Traverse City, MI is $55,490. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $55,490 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,120.
- Outlook: The current demand for Payroll and Timekeeping Clerkss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Traverse City, MI earns-1.5%below the national average.
$26.7
$1,067
$4,624
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
Historical trend data for Payroll and Timekeeping Clerks in Traverse City, MI is limited, but current market signals indicate a stable demand environment.
Payroll and Timekeeping Clerks Salary Distribution in Traverse City, MI
The earning potential for Payroll and Timekeeping Clerkss in Traverse City, MI 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 $38,990, while highly experienced professionals can command wages upwards of $74,120.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,990 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $41,618 | $20 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $53,650 | $25.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $69,363 | $33.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,120 | $35.6 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$55,490
Gross Pay
Real Wage (Purchasing Power)
$55,490
Adjusted for COL (100)
In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $55,490 to $55,490.
Job Market Context
50
Total Jobs
0.745
Per 1K Jobs
0.73
Location Quotient
Traverse City, MI has 0.73x 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.
50 people work as Payroll and Timekeeping Clerks in Traverse City, MI.
Only 0.745 out of every 1,000 local jobs are Payroll and Timekeeping Clerks roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Traverse City, MI?
The median annual salary for a Payroll and Timekeeping Clerks in Traverse City, MI is $55,490. This typically ranges from $38,990 for entry-level positions to $74,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 1.5% lower than the national median of $56,360.
Is Traverse City, MI a good place for Payroll and Timekeeping Clerkss?
It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Traverse City, MI is $55,490 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.
Is Traverse City, MI a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Traverse City, MI area with a job density of 0.745 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 Traverse City, MI