Average Payroll and Timekeeping Clerks Salary in Waterloo-Cedar Falls, IA
The average salary for a Payroll and Timekeeping Clerks in Waterloo-Cedar Falls, IA is $53,540. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $53,540 per year.
- Growth Trend: Salaries have shifted 4.2% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,780.
- 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 Waterloo-Cedar Falls, IA economy.
Salary Overview
The average Payroll and Timekeeping Clerks in Waterloo-Cedar Falls, IA earns-5.0%below the national average.
$25.7
$1,030
$4,462
Payroll and Timekeeping Clerks Salary Trends (2020-2024)
Over the past 4 years, Payroll and Timekeeping Clerks salaries in Waterloo-Cedar Falls, IA have seen a slight adjustment of -4.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Payroll and Timekeeping Clerks Salary Distribution in Waterloo-Cedar Falls, IA
The earning potential for Payroll and Timekeeping Clerkss in Waterloo-Cedar Falls, IA 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 $38,480, while highly experienced professionals can command wages upwards of $63,780.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,480 | $18.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,155 | $19.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $50,820 | $24.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $66,925 | $32.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $63,780 | $30.7 |
Detailed Payroll and Timekeeping Clerks Market Analysis
Relocation Context
Nominal Salary
$53,540
Gross Pay
Real Wage (Purchasing Power)
$53,540
Adjusted for COL (100)
In Waterloo-Cedar Falls, IA, the Cost of Living Index is 100. This increases your effective purchasing power from $53,540 to $53,540.
Job Market Context
50
Total Jobs
0.584
Per 1K Jobs
0.57
Location Quotient
Waterloo-Cedar Falls, IA has 0.57x 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 Waterloo-Cedar Falls, IA.
Only 0.584 out of every 1,000 local jobs are Payroll and Timekeeping Clerks roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Payroll and Timekeeping Clerks
| City | Salary | Dist. |
|---|---|---|
| Southeast Iowa nonmetropolitan area Payroll and Timekeeping Clerks Salary | $50,150↓ 6% | 55 mi |
| Southwest Iowa nonmetropolitan area Payroll and Timekeeping Clerks Salary | $47,600↓ 11% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
Hiring Payroll and Timekeeping Clerkss?
Frequently Asked Questions
How much does a Payroll and Timekeeping Clerks make in Waterloo-Cedar Falls, IA?
The median annual salary for a Payroll and Timekeeping Clerks in Waterloo-Cedar Falls, IA is $53,540. This typically ranges from $38,480 for entry-level positions to $63,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 5.0% lower than the national median of $56,360.
Is Waterloo-Cedar Falls, IA a good place for Payroll and Timekeeping Clerkss?
It depends on your priorities. While the average Payroll and Timekeeping Clerks salary in Waterloo-Cedar Falls, IA is $53,540 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Waterloo-Cedar Falls, IA. See distinct detailed breakdown below.
Is Waterloo-Cedar Falls, IA a good place to live for Payroll and Timekeeping Clerks?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Southeast Iowa nonmetropolitan area ($50,150) and Southwest Iowa nonmetropolitan area.
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 Waterloo-Cedar Falls, IA area with a job density of 0.584 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 Waterloo-Cedar Falls, IA