SalaryNode

Average Buyers and Purchasing Agents Salary in Akron, OH

In Akron, OH, Buyers and Purchasing Agents earn an average annual salary of $72,990. This figure is slightly below the national average of $80,070, reflecting a localized market dynamic. Factors such as regional industry demand and the specific economic landscape of Northeast Ohio contribute to this pay differential.

Executive Summary

  • Average Salary: $72,990 per year.
  • Growth Trend: Salaries have shifted 15.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,700.
  • Outlook: Akron's market for Buyers and Purchasing Agents appears stable, with a local workforce of 1,170 professionals. The Location Quotient of 1.16 indicates a slightly higher concentration of these roles compared to the national average, suggesting a consistent, albeit not overwhelmingly robust, demand within the region.
2024 Market Data

Salary Overview

$72,990

The average Buyers and Purchasing Agents in Akron, OH earns-8.8%below the national average.

BreakdownBased on 40h/week
Hourly

$35.1

Weekly

$1,404

Monthly

$6,083

Buyers and Purchasing Agents Salary Distribution in Akron, OH

Salary progression for Buyers and Purchasing Agents in Akron is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive negotiation and supply chain management expertise can command salaries well above the average. The percentile gaps in earnings clearly signify the career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,340$21.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,743$26.3
ManagerOversees team, compliance, and project delivery.50% (Median)$70,600$33.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,238$43.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,700$49.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$72,990

Gross Pay

Real Wage (Purchasing Power)

$72,990

Adjusted for COL (100)

The average salary of $72,990 in Akron, OH, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Buyer or Purchasing Agent's salary in Akron is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

1,170

Total Jobs

3.657

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Akron, OH has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.16, Akron demonstrates a slightly higher concentration of Buyers and Purchasing Agents than the national average. This suggests that the job market is moderately competitive, with a healthy number of opportunities available for skilled professionals in this sector within the region.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Akron, OH

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Akron, OH?

The median annual salary for a Buyers and Purchasing Agents in Akron, OH is $72,990. This typically ranges from $45,340 for entry-level positions to $103,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 8.8% lower than the national median of $80,070.

Is Akron, OH a lucrative place for Buyers and Purchasing Agentss?

Yes, with a balanced cost of living.While the average salary of $72,990 is below the national average, it is offset by a Cost of Living Index that matches the national average, providing good purchasing power.

Is Akron, OH a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($66,380) and Cleveland, OH.

How does Akron's salary for Buyers and Purchasing Agents compare to the national average?

The average salary in Akron, OH, is $72,990, which is approximately 8.8% lower than the national average of $80,070.

What is the concentration of Buyers and Purchasing Agents in Akron, OH?

Akron has a Location Quotient of 1.16, indicating that the concentration of Buyers and Purchasing Agents is slightly higher than the national average.

How does the Cost of Living in Akron affect salary perception?

Akron's Cost of Living Index is 100, which is the national average. This means the $72,990 salary offers purchasing power equivalent to the national average.

What is the total number of Buyers and Purchasing Agents in Akron, OH?

There are approximately 1,170 Buyers and Purchasing Agents employed in the Akron, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,170 employees in the Akron, OH area with a job density of 3.657 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.