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Average Payroll and Timekeeping Clerks Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC

Payroll and Timekeeping Clerks in the Virginia Beach-Chesapeake-Norfolk, VA-NC area earn an average annual salary of $55,690. This figure is slightly below the national average of $56,360, indicating a marginal difference in compensation within this specific metropolitan region. Local economic factors and the specific demand for these roles contribute to this pay scale.

Executive Summary

  • Average Salary: $55,690 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $71,280.
  • Outlook: With a local workforce of 550 Payroll and Timekeeping Clerks, the concentration in the Virginia Beach-Chesapeake-Norfolk, VA-NC area is notable. The Location Quotient of 0.71 suggests that while the profession is present, it is slightly less concentrated than the national average, implying a stable but not overly saturated job market for these professionals.
2024 Market Data

Salary Overview

$55,690

The average Payroll and Timekeeping Clerks in Virginia Beach-Chesapeake-Norfolk, VA-NC earns-1.2%below the national average.

BreakdownBased on 40h/week
Hourly

$26.8

Weekly

$1,071

Monthly

$4,641

Payroll and Timekeeping Clerks Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC

The career path for Payroll and Timekeeping Clerks typically involves salary progression based on experience and responsibility. 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. The gap between entry-level and senior roles signifies significant opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,580$19.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$41,768$20.1
ManagerOversees team, compliance, and project delivery.50% (Median)$55,880$26.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$69,613$33.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$71,280$34.3

Detailed Payroll and Timekeeping Clerks Market Analysis

Relocation Context

Nominal Salary

$55,690

Gross Pay

Real Wage (Purchasing Power)

$55,690

Adjusted for COL (100)

The average annual salary of $55,690 in Virginia Beach-Chesapeake-Norfolk, VA-NC aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Payroll and Timekeeping Clerk's salary in this region is equivalent to the national standard, suggesting that the nominal salary effectively covers the typical expenses associated with living in the area.

Job Market Context

550

Total Jobs

0.726

Per 1K Jobs

0.71

Location Quotient

Below Average

Virginia Beach-Chesapeake-Norfolk, VA-NC has 0.71x 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 0.71 for Payroll and Timekeeping Clerks in Virginia Beach-Chesapeake-Norfolk, VA-NC indicates that the profession is present but not as densely concentrated as the national average. This suggests a moderately competitive job market where demand is steady, but there may be fewer specialized roles compared to more heavily concentrated areas, offering a balanced environment for job seekers.

Nearby Job Markets

Nearby Cities for Payroll and Timekeeping Clerks

Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC

Hiring Payroll and Timekeeping Clerkss?

Frequently Asked Questions

How much does a Payroll and Timekeeping Clerks make in Virginia Beach-Chesapeake-Norfolk, VA-NC?

The median annual salary for a Payroll and Timekeeping Clerks in Virginia Beach-Chesapeake-Norfolk, VA-NC is $55,690. This typically ranges from $40,580 for entry-level positions to $71,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 1.2% lower than the national median of $56,360.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Payroll and Timekeeping Clerks?

No, it is not exceptionally lucrative, but it is stable.The average salary of $55,690 is slightly below the national average, and the cost of living is exactly at the national average. This indicates that while the pay is standard, it does not offer a significant financial advantage over other regions.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Payroll and Timekeeping Clerks?

The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?

Some top paying nearby cities include Richmond, VA ($54,440) and others.

How does the Virginia Beach-Chesapeake-Norfolk, VA-NC salary compare to the national average?

The average annual salary for Payroll and Timekeeping Clerks in this region is $55,690, which is slightly lower than the national average of $56,360.

What is the concentration of Payroll and Timekeeping Clerks in this area?

The Location Quotient is 0.71, meaning the concentration of these clerks is 29% lower than the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the salary of $55,690 has the same purchasing power as the national average salary in a typical US location.

What is the total number of Payroll and Timekeeping Clerks in the area?

There are approximately 550 Payroll and Timekeeping Clerks employed within the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 0.726 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.