The annual salary statistics of payroll and timekeeping clerks in Waterloo-Cedar Falls, Iowa is shown in Table 1. The wage data of payroll and timekeeping clerks in Waterloo-Cedar Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $38,310 |
| 25th Percentile Wage | $42,730 |
| 50th Percentile Wage | $48,370 |
| 75th Percentile Wage | $51,590 |
| 90th Percentile Wage | $60,220 |
Table 1 shows the average annual salary for payroll and timekeeping clerks in Waterloo-Cedar Falls, Iowa in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $60,220. The median (50th percentile) annual salary is $48,370. The average annual salary for the bottom 10 percent earners is $38,310.
The table and chart below show the trend of the median salary of payroll and timekeeping clerks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,370 | 2.67% | 32.62% |
| 2021 | $47,080 | 1.53% | - |
| 2020 | $46,360 | 3.28% | - |
| 2019 | $44,840 | -0.89% | - |
| 2018 | $45,240 | 10.50% | - |
| 2017 | $40,490 | 3.70% | - |
| 2016 | $38,990 | 2.41% | - |
| 2015 | $38,050 | 1.58% | - |
| 2014 | $37,450 | 4.57% | - |
| 2013 | $35,740 | 8.81% | - |
| 2012 | $32,590 | - | - |
From Table 3 we note that the median annual salary of $48,370 in Waterloo-Cedar Falls is in the middle of salary range for payroll and timekeeping clerks in state of Iowa. In comparison, the annual salary of payroll and timekeeping clerks in Waterloo-Cedar Falls is 13.4 percent (13.4%) lower than that in the highest paying Des Moines-West Des Moines and 24.2 percent (24.2%) higher than that in the lowest paying Ames.
| Cities/Areas | Median Annual Salary |
|---|---|
| Des Moines-West Des Moines | |
| Cedar Rapids | |
| Southeast Iowa nonmetropolitan area | |
| Southwest Iowa nonmetropolitan area | |
| Dubuque | |
| Waterloo-Cedar Falls | |
| Northwest Iowa nonmetropolitan area | |
| Davenport-Moline-Rock Island | |
| Iowa City | |
| Northeast Iowa nonmetropolitan area | |
| Ames |