Average Buyers and Purchasing Agents Salary in Albuquerque, NM
Buyers and Purchasing Agents in Albuquerque, NM, command an average annual salary of $83,400, surpassing the national average of $80,070. This localized premium is influenced by the specific economic demands and industry needs within the Albuquerque metropolitan area, reflecting a tailored compensation strategy for these critical procurement roles.
Executive Summary
- Average Salary: $83,400 per year.
- Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,940.
- Outlook: With a local workforce of 1,000 Buyers and Purchasing Agents and a Location Quotient of 0.79, Albuquerque presents a moderately concentrated market. While not exceeding the national average in terms of concentration, the presence of a substantial workforce indicates consistent demand and a stable job market for professionals in this field within the region.
Salary Overview
The average Buyers and Purchasing Agents in Albuquerque, NM earns+4.2%above the national average.
$40.1
$1,604
$6,950
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Albuquerque's Buyers and Purchasing Agents is not provided, it is reasonable to assume a trend of salary growth mirroring national patterns over the past four years. Economic factors such as inflation, increased demand for goods and services, and evolving supply chain complexities typically drive upward adjustments in compensation for procurement professionals.
Buyers and Purchasing Agents Salary Distribution in Albuquerque, NM
Salary progression for Buyers and Purchasing Agents in Albuquerque typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles with extensive negotiation and strategic sourcing responsibilities can command salaries in the upper percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,910 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,550 | $30.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,310 | $36.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $104,250 | $50.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,940 | $63.4 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$83,400
Gross Pay
Real Wage (Purchasing Power)
$83,400
Adjusted for COL (100)
The average annual salary of $83,400 in Albuquerque aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer and Purchasing Agent's salary in Albuquerque is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
1,000
Total Jobs
2.501
Per 1K Jobs
0.79
Location Quotient
Albuquerque, NM has 0.79x the national average concentration of Buyers and Purchasing Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.79 suggests that Buyers and Purchasing Agents are slightly less concentrated in Albuquerque compared to the national average. This indicates a job market that is neither oversaturated nor exceptionally scarce, implying a balanced environment where skilled professionals can find opportunities without facing extreme competition.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Buyers and Purchasing Agents Salary | $78,330↓ 6% | 29 mi |
| Northern New Mexico nonmetropolitan area Buyers and Purchasing Agents Salary | $78,150↓ 6% | 29 mi |
| Santa Fe, NM Buyers and Purchasing Agents Salary | $75,750↓ 9% | 54 mi |
Comparing salaries near Albuquerque, NM
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Albuquerque, NM?
The median annual salary for a Buyers and Purchasing Agents in Albuquerque, NM is $83,400. This typically ranges from $48,910 for entry-level positions to $131,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 4.2% higher than the national median of $80,070.
Is Albuquerque, NM a lucrative place for Buyers and Purchasing Agents?
Yes, Albuquerque offers competitive compensation for Buyers and Purchasing Agents.The average salary of $83,400 is higher than the national average, and the cost of living is on par with the national average, indicating good purchasing power.
Is Albuquerque, NM a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albuquerque, NM?
Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($78,330) and Northern New Mexico nonmetropolitan area.
How does Albuquerque's salary for Buyers and Purchasing Agents compare to the national average?
Buyers and Purchasing Agents in Albuquerque earn an average of $83,400 annually, which is approximately $3,330 more than the national average of $80,070.
What is the cost of living in Albuquerque, NM?
Albuquerque's Cost of Living Index is 100, which is exactly the national average, meaning the general cost of goods and services is comparable to the rest of the country.
How concentrated is the market for Buyers and Purchasing Agents in Albuquerque?
The market has a Location Quotient of 0.79, indicating a slightly lower concentration of these roles compared to the national average, suggesting a balanced job market.
How many Buyers and Purchasing Agents are there in Albuquerque?
There are approximately 1,000 Buyers and Purchasing Agents employed in Albuquerque, representing 2.501 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,000 employees in the Albuquerque, NM area with a job density of 2.501 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM