Average Buyers and Purchasing Agents Salary in Cedar Rapids, IA
In Cedar Rapids, IA, Buyers and Purchasing Agents earn an average annual salary of $71,230. This figure is approximately 11% below the national average of $80,070. Local economic factors, including industry demand and the specific needs of businesses within the region, often influence compensation levels for specialized roles like purchasing agents.
Executive Summary
- Average Salary: $71,230 per year.
- Growth Trend: Salaries have shifted 8.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,490.
- Outlook: The market for Buyers and Purchasing Agents in Cedar Rapids, IA, appears stable, with a local workforce of 430 individuals in this role. A Location Quotient of 0.97 suggests that the concentration of these professionals is very close to the national average, indicating a steady, albeit not exceptionally high, demand that aligns with broader economic trends.
Salary Overview
The average Buyers and Purchasing Agents in Cedar Rapids, IA earns-11.0%below the national average.
$34.3
$1,370
$5,936
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Cedar Rapids, like most professions, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled professionals, and evolving industry standards that necessitate higher compensation to attract and retain talent.
Buyers and Purchasing Agents Salary Distribution in Cedar Rapids, IA
Career progression for Buyers and Purchasing Agents in Cedar Rapids, IA, is typically marked by increasing salary potential. Entry-level positions may start significantly lower than the average, while seasoned professionals with extensive experience and specialized skills can command salaries well above the $71,230 average, reflecting the value of their expertise and negotiation capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,600 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,423 | $25.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,510 | $31 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,038 | $42.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,490 | $48.3 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$71,230
Gross Pay
Real Wage (Purchasing Power)
$71,230
Adjusted for COL (100)
With a Cost of Living Index of 100, Cedar Rapids, IA, offers a cost of living that is precisely at the national average. This means the nominal salary of $71,230 for Buyers and Purchasing Agents holds its purchasing power comparably to the national average, providing a stable financial foundation for residents.
Job Market Context
430
Total Jobs
3.072
Per 1K Jobs
0.97
Location Quotient
Cedar Rapids, IA has 0.97x 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.
The Location Quotient of 0.97 for Buyers and Purchasing Agents in Cedar Rapids indicates a job market that closely mirrors the national distribution of this profession. This suggests a balanced supply and demand dynamic, where the number of available positions is relatively proportional to the number of qualified professionals in the area, making it neither overly competitive nor scarce.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Buyers and Purchasing Agents Salary | $67,860↓ 5% | 23 mi |
| Waterloo-Cedar Falls, IA Buyers and Purchasing Agents Salary | $72,900↑ 2% | 50 mi |
| Dubuque, IA Buyers and Purchasing Agents Salary | $70,570↓ 1% | 62 mi |
| Davenport-Moline-Rock Island, IA-IL Buyers and Purchasing Agents Salary | $85,810↑ 20% | 62 mi |
| Southeast Iowa nonmetropolitan area Buyers and Purchasing Agents Salary | $70,470↓ 1% | 79 mi |
Comparing salaries near Cedar Rapids, IA
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Cedar Rapids, IA?
The median annual salary for a Buyers and Purchasing Agents in Cedar Rapids, IA is $71,230. This typically ranges from $45,600 for entry-level positions to $100,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cedar Rapids, IA is 11.0% lower than the national median of $80,070.
Is Cedar Rapids, IA a lucrative place for Buyers and Purchasing Agentss?
No, it is not significantly more lucrative than the national average.The average salary of $71,230 is below the national average of $80,070, and the cost of living is at the national average, meaning purchasing power is comparable but not enhanced.
Is Cedar Rapids, IA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cedar Rapids, IA?
Some top paying nearby cities include Iowa City, IA ($67,860) and Waterloo-Cedar Falls, IA.
How does the local workforce size affect job prospects?
A local workforce of 430 suggests a moderate-sized pool of professionals, indicating a stable job market without extreme competition or scarcity for Buyers and Purchasing Agents in Cedar Rapids.
What does a Location Quotient of 0.97 mean for this role?
A Location Quotient of 0.97 signifies that the concentration of Buyers and Purchasing Agents in Cedar Rapids is nearly identical to the national average, implying a standard level of demand and availability for these positions.
How does the cost of living impact the $71,230 salary?
Since Cedar Rapids' Cost of Living Index is 100 (the national average), the $71,230 salary offers purchasing power equivalent to the national average, making it neither particularly advantageous nor disadvantageous from a cost perspective.
Are there many job opportunities for Buyers and Purchasing Agents in Cedar Rapids?
With 3.072 jobs per 1,000 workers, the rate of employment for Buyers and Purchasing Agents in Cedar Rapids is slightly below the national average, suggesting a steady but not booming job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Cedar Rapids, IA area with a job density of 3.072 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 Cedar Rapids, IA