SalaryNode

Average Buyers and Purchasing Agents Salary in Bridgeport-Stamford-Danbury, CT

Buyers and Purchasing Agents in the Bridgeport-Stamford-Danbury, CT area earn an impressive average annual salary of $88,660, significantly surpassing the national average of $80,070. This elevated compensation is often driven by the region's robust economic activity and the specialized demands of local industries, which require skilled professionals to manage procurement effectively.

Executive Summary

  • Average Salary: $88,660 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,170.
  • Outlook: With a local workforce of 1,310 Buyers and Purchasing Agents and a Location Quotient of 1.03, the job market in Bridgeport-Stamford-Danbury demonstrates a healthy concentration of these roles, slightly above the national average. This indicates a stable and consistent demand for professionals in this field within the region, suggesting a robust employment landscape for those with relevant expertise.
2024 Market Data

Salary Overview

$88,660

The average Buyers and Purchasing Agents in Bridgeport-Stamford-Danbury, CT earns+10.7%above the national average.

BreakdownBased on 40h/week
Hourly

$42.6

Weekly

$1,705

Monthly

$7,388

Buyers and Purchasing Agents Salary Distribution in Bridgeport-Stamford-Danbury, CT

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, characterized by greater responsibility and strategic decision-making, command salaries in the higher percentiles. The widening gap between entry-level and senior salaries underscores the value of accumulated expertise and proven performance in this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,880$23.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,495$32
ManagerOversees team, compliance, and project delivery.50% (Median)$82,670$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,825$53.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,170$65.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$88,660

Gross Pay

Real Wage (Purchasing Power)

$88,660

Adjusted for COL (100)

The average annual salary of $88,660 in Bridgeport-Stamford-Danbury aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial standing for professionals relocating to or residing in the area.

Job Market Context

1,310

Total Jobs

3.262

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.03 suggests that Buyers and Purchasing Agents are slightly more concentrated in the Bridgeport-Stamford-Danbury area than the national average. This indicates a competitive yet accessible job market, where opportunities are present and the demand is consistent with, or slightly higher than, the national distribution of these roles.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Bridgeport-Stamford-Danbury, CT?

The median annual salary for a Buyers and Purchasing Agents in Bridgeport-Stamford-Danbury, CT is $88,660. This typically ranges from $48,880 for entry-level positions to $137,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bridgeport-Stamford-Danbury, CT is 10.7% higher than the national median of $80,070.

Is Bridgeport-Stamford-Danbury, CT a lucrative place for Buyers and Purchasing Agentss?

Yes, it is a lucrative area.The average salary of $88,660 is notably higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power.

Is Bridgeport-Stamford-Danbury, CT a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?

Some top paying nearby cities include New Haven, CT ($79,180) and Waterbury-Shelton, CT.

What is the average salary for Buyers and Purchasing Agents in Bridgeport-Stamford-Danbury, CT?

The average annual salary for Buyers and Purchasing Agents in Bridgeport-Stamford-Danbury, CT is $88,660.

How does the Bridgeport-Stamford-Danbury salary compare to the national average?

The average salary in Bridgeport-Stamford-Danbury ($88,660) is higher than the national average ($80,070).

What is the cost of living in Bridgeport-Stamford-Danbury, CT?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100, which is the same as the national average.

How concentrated are Buyers and Purchasing Agents jobs in this area?

The Location Quotient of 1.03 indicates a slightly higher concentration of Buyers and Purchasing Agents jobs in Bridgeport-Stamford-Danbury compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,310 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 3.262 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.