Average Payroll and Timekeeping Clerks Salary in Trenton-Princeton, NJ
Payroll and Timekeeping Clerks in the Trenton-Princeton, NJ area earn an average annual salary of $59,090. This figure slightly surpasses the national average of $56,360, indicating a localized demand that influences compensation. Factors such as the regional economic landscape and the specific needs of businesses within this metropolitan area contribute to this competitive pay.
Executive Summary
- Average Salary: $59,090 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $84,560.
- Outlook: With a local workforce of 230 Payroll and Timekeeping Clerks, the Trenton-Princeton area demonstrates a stable, albeit niche, job market. The Location Quotient of 0.95 suggests a concentration of these roles that is very close to the national average, implying consistent, ongoing demand without significant oversupply or undersupply.
Salary Overview
The average Payroll and Timekeeping Clerks in Trenton-Princeton, NJ earns+4.8%above the national average.
$28.4
$1,136
$4,924
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Payroll and Timekeeping Clerks in Trenton-Princeton have seen steady growth over the past four years, mirroring national trends. Economic expansion and evolving payroll complexities likely contribute to a gradual increase in compensation for these essential administrative roles.
Payroll and Timekeeping Clerks Salary Distribution in Trenton-Princeton, NJ
Career progression for Payroll and Timekeeping Clerks typically involves a salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior clerks with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,880 | $17.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,318 | $21.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,870 | $27.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $73,863 | $35.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $84,560 | $40.7 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$59,090
Gross Pay
Real Wage (Purchasing Power)
$59,090
Adjusted for COL (100)
The average annual salary of $59,090 in Trenton-Princeton, NJ, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in this region is equivalent to the national average, offering a stable financial footing without the added pressure of higher living expenses.
Job Market Context
230
Total Jobs
0.964
Per 1K Jobs
0.95
Location Quotient
Trenton-Princeton, NJ 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.
The Location Quotient of 0.95 for Payroll and Timekeeping Clerks in Trenton-Princeton indicates that the concentration of these jobs is nearly on par with the national average. This suggests a balanced job market where opportunities are available, but the field is not overly saturated, providing a competitive yet accessible environment for professionals.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Payroll and Timekeeping Clerks Salary | $59,420↑ 1% | 28 mi |
| Allentown-Bethlehem-Easton, PA-NJ Payroll and Timekeeping Clerks Salary | $57,080↓ 3% | 45 mi |
| New York-Newark-Jersey City, NY-NJ Payroll and Timekeeping Clerks Salary | $65,760↑ 11% | 52 mi |
| Vineland, NJ Payroll and Timekeeping Clerks Salary | $53,170↓ 10% | 54 mi |
| Atlantic City-Hammonton, NJ Payroll and Timekeeping Clerks Salary | $56,980↓ 4% | 61 mi |
Comparing salaries near Trenton-Princeton, NJ
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Trenton-Princeton, NJ?
The median annual salary for a Payroll and Timekeeping Clerks in Trenton-Princeton, NJ is $59,090. This typically ranges from $36,880 for entry-level positions to $84,560 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 4.8% higher than the national median of $56,360.
Is Trenton-Princeton, NJ a lucrative place for Payroll and Timekeeping Clerks?
Yes, it offers competitive compensation.The average salary of $59,090 slightly exceeds the national average, and the cost of living is at the national benchmark, making it a financially stable location for these professionals.
Is Trenton-Princeton, NJ a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($59,420) and Allentown-Bethlehem-Easton, PA-NJ.
How does the Trenton-Princeton salary compare to the national average?
The average annual salary for Payroll and Timekeeping Clerks in Trenton-Princeton is $59,090, which is slightly higher than the national average of $56,360.
What is the concentration of Payroll and Timekeeping Clerk jobs in Trenton-Princeton?
The Location Quotient is 0.95, indicating that the concentration of these roles in Trenton-Princeton is very close to the national average.
How does the cost of living affect the salary in Trenton-Princeton?
With a Cost of Living Index of 100, the local salary of $59,090 has the same purchasing power as the national average salary, indicating no significant impact from cost of living adjustments.
What is the total number of Payroll and Timekeeping Clerks in the Trenton-Princeton area?
There are approximately 230 Payroll and Timekeeping Clerks employed in the Trenton-Princeton, NJ area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Trenton-Princeton, NJ area with a job density of 0.964 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 Trenton-Princeton, NJ
- All Occupations Salary in Trenton-Princeton, NJ
- Office and Administrative Support Occupations Salary in Trenton-Princeton, NJ
- Business and Financial Operations Occupations Salary in Trenton-Princeton, NJ
- Management Occupations Salary in Trenton-Princeton, NJ
- Transportation and Material Moving Occupations Salary in Trenton-Princeton, NJ
- Educational Instruction and Library Occupations Salary in Trenton-Princeton, NJ
- Sales and Related Occupations Salary in Trenton-Princeton, NJ
- Food Preparation and Serving Related Occupations Salary in Trenton-Princeton, NJ
- Healthcare Practitioners and Technical Occupations Salary in Trenton-Princeton, NJ
- Computer and Mathematical Occupations Salary in Trenton-Princeton, NJ
- Browse All Jobs in Trenton-Princeton, NJ →
Semantic Salary Analysis for Payroll and Timekeeping Clerks • Data source: BLS OEWS 2024 •Jobs in Trenton-Princeton, NJ