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Average Buyers and Purchasing Agents Salary in Arkansas

Buyers and Purchasing Agents in Arkansas earn an impressive average annual salary of $82,630, surpassing the national average of $80,070. This favorable compensation is influenced by a combination of regional economic factors and the specific demand for procurement expertise within the state's diverse industries.

Executive Summary

  • Average Salary: $82,630 per year.
  • Growth Trend: Salaries have shifted 5.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,030.
  • Outlook: With a local workforce of 4,350 Buyers and Purchasing Agents, Arkansas demonstrates a solid presence in this sector. The Location Quotient of 1.07 indicates a concentration of these roles slightly above the national average, suggesting a stable and potentially growing demand for skilled professionals in procurement across the state.
2024 Market Data

Salary Overview

$82,630

The average Buyers and Purchasing Agents in Arkansas earns+3.2%above the national average.

BreakdownBased on 40h/week
Hourly

$39.7

Weekly

$1,589

Monthly

$6,886

Buyers and Purchasing Agents Salary Distribution in Arkansas

Career progression for Buyers and Purchasing Agents in Arkansas typically involves a significant salary increase from entry-level to senior positions. The gap between lower and higher percentile salaries reflects the value placed on experience, specialized skills, and the ability to manage complex purchasing operations, offering a clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,920$19.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$61,973$29.8
ManagerOversees team, compliance, and project delivery.50% (Median)$72,550$34.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,288$49.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$132,030$63.5

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$82,630

Gross Pay

Real Wage (Purchasing Power)

$91,506

Adjusted for COL (90.3)

The average annual salary of $82,630 in Arkansas offers substantial purchasing power, especially when contrasted with the state's Cost of Living Index of 90.3, which is below the national average. This means that the nominal salary translates into a higher real income, allowing professionals to enjoy a better standard of living compared to many other states.

Job Market Context

4,350

Total Jobs

3.373

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Arkansas has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.07 signifies that Buyers and Purchasing Agents are employed in Arkansas at a rate 7% higher than the national average. This suggests a healthy and competitive job market where demand for these professionals is robust, potentially leading to more opportunities and favorable negotiation leverage for skilled individuals.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

CitySalaryDist.
Little Rock-North Little Rock-Conway, AR Buyers and Purchasing Agents Salary$63,710↓ 23%17 mi
Hot Springs, AR Buyers and Purchasing Agents Salary$59,090↓ 28%51 mi

Comparing salaries near Arkansas

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Arkansas?

The median annual salary for a Buyers and Purchasing Agents in Arkansas is $82,630. This typically ranges from $39,920 for entry-level positions to $132,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arkansas is 3.2% higher than the national median of $80,070.

Is Arkansas a lucrative place for Buyers and Purchasing Agentss?

Yes, Arkansas offers a lucrative environment for Buyers and Purchasing Agents.The average salary exceeds the national average, and the lower cost of living further enhances the financial benefits of working in the state.

Is Arkansas a good place to live for Buyers and Purchasing Agents?

With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Arkansas?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($63,710) and Hot Springs, AR.

How does the Arkansas job market compare to the national average for Buyers and Purchasing Agents?

Arkansas has a slightly higher concentration of Buyers and Purchasing Agents than the national average, with a Location Quotient of 1.07, indicating a robust local market.

What is the average salary for Buyers and Purchasing Agents in Arkansas?

The average annual salary for Buyers and Purchasing Agents in Arkansas is $82,630.

How does the cost of living in Arkansas affect salary perception?

With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average, making the $82,630 salary provide greater purchasing power.

What is the total number of Buyers and Purchasing Agents employed in Arkansas?

There are approximately 4,350 Buyers and Purchasing Agents employed in Arkansas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,350 employees in the Arkansas area with a job density of 3.373 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Arkansas