Average Buyers and Purchasing Agents Salary in Bloomington, IL
In Bloomington, IL, Buyers and Purchasing Agents earn an average annual salary of $78,110. This figure is slightly below the national average of $80,070, suggesting that local market dynamics and industry-specific demand in Bloomington influence compensation levels. Factors such as the concentration of specific industries and the overall economic landscape of the region play a crucial role in shaping these pay scales.
Executive Summary
- Average Salary: $78,110 per year.
- Growth Trend: Salaries have shifted 4.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,310.
- Outlook: With a local workforce of 200 Buyers and Purchasing Agents, Bloomington, IL presents a moderately sized employment pool for this profession. The Location Quotient of 0.69 indicates that this role is less concentrated in Bloomington compared to the national average, suggesting potentially stable or growing demand as the local economy evolves. The presence of 2.182 jobs per 1,000 workers further underscores the ongoing need for these professionals within the region.
Salary Overview
The average Buyers and Purchasing Agents in Bloomington, IL earns-2.4%below the national average.
$37.6
$1,502
$6,509
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Bloomington is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the area have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled procurement professionals typically drive upward salary adjustments, reflecting a healthy and evolving job market.
Buyers and Purchasing Agents Salary Distribution in Bloomington, IL
The career trajectory for Buyers and Purchasing Agents in Bloomington, IL, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with extensive expertise and proven track records can command salaries in the higher percentiles. These percentile gaps are indicative of the career progression and increased responsibilities associated with senior roles in procurement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,240 | $23.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,583 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,680 | $35.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,638 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,310 | $51.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$78,110
Gross Pay
Real Wage (Purchasing Power)
$78,110
Adjusted for COL (100)
The average annual salary of $78,110 in Bloomington, IL, 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 or Purchasing Agent's salary in Bloomington is equivalent to the national standard, offering a stable financial outlook for those considering a move to the area.
Job Market Context
200
Total Jobs
2.182
Per 1K Jobs
0.69
Location Quotient
Bloomington, IL has 0.69x 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 0.69 for Buyers and Purchasing Agents in Bloomington, IL, signifies that this profession is less concentrated locally than the national average. This suggests that while the market is not saturated, there may be fewer specialized opportunities compared to larger metropolitan areas. However, it also implies a potentially competitive environment for skilled professionals, as employers seek to fill these roles within a less abundant local talent pool.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $71,260↓ 9% | 9 mi |
| East Central Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $66,500↓ 15% | 9 mi |
| Northwest Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $70,280↓ 10% | 9 mi |
| South Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $68,410↓ 12% | 9 mi |
| Peoria, IL Buyers and Purchasing Agents Salary | $77,120↓ 1% | 39 mi |
Comparing salaries near Bloomington, IL
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Bloomington, IL?
The median annual salary for a Buyers and Purchasing Agents in Bloomington, IL is $78,110. This typically ranges from $48,240 for entry-level positions to $106,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IL is 2.4% lower than the national median of $80,070.
Is Bloomington, IL a lucrative place for Buyers and Purchasing Agents?
No, not significantly more lucrative than the national average.Buyers and Purchasing Agents in Bloomington, IL earn slightly below the national average salary. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Bloomington, IL a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Bloomington, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($71,260) and East Central Illinois nonmetropolitan area.
How does the Bloomington, IL salary compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Bloomington, IL is $78,110, which is slightly lower than the national average of $80,070.
What is the Cost of Living in Bloomington, IL?
Bloomington, IL has a Cost of Living Index of 100, which is exactly the national average, indicating that 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 Bloomington, IL?
The market for Buyers and Purchasing Agents in Bloomington, IL has a Location Quotient of 0.69, meaning it is less concentrated than the national average.
What is the total workforce for Buyers and Purchasing Agents in Bloomington, IL?
There are approximately 200 Buyers and Purchasing Agents employed in Bloomington, IL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Bloomington, IL area with a job density of 2.182 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 Bloomington, IL