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Average Payroll and Timekeeping Clerks Salary in Virginia

In Virginia, Payroll and Timekeeping Clerks earn an average annual salary of $55,070, slightly below the national average of $56,360. This marginal difference can be attributed to a combination of factors including the state's specific economic landscape and the demand for these essential administrative roles within its diverse industries.

Executive Summary

  • Average Salary: $55,070 per year.
  • Growth Trend: Salaries have shifted 6.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $74,410.
  • Outlook: With a local workforce of 2,850 Payroll and Timekeeping Clerks, Virginia demonstrates a stable presence in this sector. The Location Quotient of 0.69 suggests that while the profession is present, it is not as concentrated as the national average, indicating a steady demand that aligns with the workforce size.
2024 Market Data

Salary Overview

$55,070

The average Payroll and Timekeeping Clerks in Virginia earns-2.3%below the national average.

BreakdownBased on 40h/week
Hourly

$26.5

Weekly

$1,059

Monthly

$4,589

Payroll and Timekeeping Clerks Salary Distribution in Virginia

Career progression for Payroll and Timekeeping Clerks in Virginia typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior clerks with extensive knowledge of payroll systems and compliance can command significantly higher salaries, reflecting the value of their expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,350$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,303$19.9
ManagerOversees team, compliance, and project delivery.50% (Median)$55,240$26.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$68,838$33.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$74,410$35.8

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$55,070

Gross Pay

Real Wage (Purchasing Power)

$54,310

Adjusted for COL (101.4)

The average annual salary of $55,070 in Virginia aligns closely with the state's Cost of Living Index of 101.4. This means that while the cost of living is slightly above the national average, the salary offers a comparable purchasing power, suggesting that relocating professionals can maintain a similar standard of living.

Job Market Context

2,850

Total Jobs

0.702

Per 1K Jobs

0.69

Location Quotient

Below Average

Virginia has 0.69x 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.

Virginia's Location Quotient of 0.69 for Payroll and Timekeeping Clerks indicates that the profession is less concentrated in the state compared to the national average. This suggests a potentially less saturated job market, which could translate to more opportunities for skilled professionals seeking employment in this field.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Virginia

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Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Virginia?

The median annual salary for a Payroll and Timekeeping Clerks in Virginia is $55,070. This typically ranges from $36,350 for entry-level positions to $74,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia is 2.3% lower than the national median of $56,360.

Is Virginia a lucrative place for Payroll and Timekeeping Clerks?

Yes, Virginia offers a competitive salary for Payroll and Timekeeping Clerks.The average salary of $55,070 is close to the national average, and the cost of living is only slightly higher, ensuring good purchasing power for these professionals.

Is Virginia a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia?

Some top paying nearby cities include Charlottesville, VA ($59,320) and Richmond, VA.

How does Virginia's average salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in Virginia is $55,070, which is slightly lower than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in Virginia?

Virginia has a Location Quotient of 0.69 for this role, meaning the profession is less concentrated than the national average.

How does the cost of living in Virginia affect salary?

With a Cost of Living Index of 101.4, Virginia is slightly more expensive than the national average, making the $55,070 salary provide purchasing power that is nearly equivalent to the national average.

What is the total workforce size for this role in Virginia?

There are approximately 2,850 Payroll and Timekeeping Clerks working in Virginia.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,850 employees in the Virginia area with a job density of 0.702 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.