Average Buyers and Purchasing Agents Salary in Billings, MT
In Billings, MT, Buyers and Purchasing Agents earn an average annual salary of $67,700. This figure is notably below the national average of $80,070, reflecting localized economic factors and industry demand specific to the region. The pay scale in Billings is influenced by the unique economic landscape and the concentration of specific industries that employ these professionals.
Executive Summary
- Average Salary: $67,700 per year.
- Growth Trend: Salaries have shifted 3.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,960.
- Outlook: The Billings, MT market for Buyers and Purchasing Agents, with a total local workforce of 250, presents a stable, albeit not rapidly expanding, employment landscape. The Location Quotient of 0.84 suggests a slightly lower concentration of these roles compared to the national average, indicating a moderate level of demand and a job market that is neither oversaturated nor experiencing explosive growth.
Salary Overview
The average Buyers and Purchasing Agents in Billings, MT earns-15.4%below the national average.
$32.6
$1,302
$5,642
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Billings is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the region have seen gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry needs typically drive incremental increases in compensation for these vital procurement roles.
Buyers and Purchasing Agents Salary Distribution in Billings, MT
Salary progression for Buyers and Purchasing Agents in Billings, MT, typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive negotiation skills and market knowledge, command significantly higher salaries. The percentile gaps in compensation clearly signify the career progression and increased value brought by seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,150 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,775 | $24.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,030 | $30.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,625 | $40.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,960 | $48.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$67,700
Gross Pay
Real Wage (Purchasing Power)
$67,700
Adjusted for COL (100)
For professionals considering a move to Billings, MT, the nominal average salary of $67,700 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary in Billings is equivalent to the national average, offering a stable financial foundation without the added pressure of a higher cost of living.
Job Market Context
250
Total Jobs
2.665
Per 1K Jobs
0.84
Location Quotient
Billings, MT has 0.84x 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.
With a Location Quotient of 0.84, Billings, MT, has a slightly lower concentration of Buyers and Purchasing Agents than the national average. This suggests that while the profession is present and necessary, the market is not as saturated as in major metropolitan areas, potentially offering a good balance between job availability and competition for qualified candidates.
Nearby Job Markets
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Billings, MT?
The median annual salary for a Buyers and Purchasing Agents in Billings, MT is $67,700. This typically ranges from $43,150 for entry-level positions to $99,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Billings, MT is 15.4% lower than the national median of $80,070.
Is Billings, MT a lucrative place for Buyers and Purchasing Agents?
No, not significantly more lucrative than the national average.The average salary of $67,700 is below the national average, although the cost of living is also at the national average, making the purchasing power comparable.
Is Billings, MT a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.
How does the Billings salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Billings, MT, is $67,700, which is lower than the national average of $80,070.
What is the Cost of Living in Billings, MT?
Billings, MT, has a Cost of Living Index of 100, which is exactly the national average, indicating that everyday expenses are comparable to the rest of the country.
How concentrated are Buyer and Purchasing Agent jobs in Billings?
The concentration of these jobs in Billings, indicated by a Location Quotient of 0.84, is slightly below the national average, suggesting a moderate presence in the local job market.
What is the total workforce for Buyers and Purchasing Agents in Billings?
There are approximately 250 Buyers and Purchasing Agents employed in Billings, MT, representing a small but established segment of the local professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Billings, MT area with a job density of 2.665 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 Billings, MT