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Average Buyers and Purchasing Agents Salary in Central Indiana nonmetropolitan area

In the Central Indiana nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $70,110. This figure is notably below the national average of $80,070, reflecting regional economic factors and industry demand specific to this locale. The concentration of these roles and the overall economic landscape in this nonmetropolitan region contribute to this salary differential.

Executive Summary

  • Average Salary: $70,110 per year.
  • Growth Trend: Salaries have shifted 30.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,190.
  • Outlook: With a local workforce of 430 individuals in this role, the Central Indiana nonmetropolitan area presents a stable, albeit not exceptionally concentrated, job market for Buyers and Purchasing Agents. The Location Quotient of 0.84 suggests that this profession is slightly less prevalent here than the national average, indicating a moderate level of demand and opportunity within the region's specific industrial mix.
2024 Market Data

Salary Overview

$70,110

The average Buyers and Purchasing Agents in Central Indiana nonmetropolitan area earns-12.4%below the national average.

BreakdownBased on 40h/week
Hourly

$33.7

Weekly

$1,348

Monthly

$5,843

Buyers and Purchasing Agents Salary Distribution in Central Indiana nonmetropolitan area

Career progression for Buyers and Purchasing Agents is strongly tied to experience, with significant salary increases typically observed as professionals move from entry-level to senior positions. The percentile gaps in salary distribution highlight this, where more experienced agents command higher compensation due to their strategic insights, negotiation skills, and ability to manage complex supply chains, reflecting a clear career trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,710$20.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,583$25.3
ManagerOversees team, compliance, and project delivery.50% (Median)$60,860$29.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$87,638$42.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$99,190$47.7

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$70,110

Gross Pay

Real Wage (Purchasing Power)

$70,110

Adjusted for COL (100)

The nominal average salary of $70,110 in the Central Indiana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that income is equivalent to the national standard, making the region's cost of living a neutral factor in assessing the real value of this compensation.

Job Market Context

430

Total Jobs

2.66

Per 1K Jobs

0.84

Location Quotient

Below Average

Central Indiana nonmetropolitan area 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.

A Location Quotient of 0.84 indicates that Buyers and Purchasing Agents are employed in Central Indiana nonmetropolitan areas at a rate slightly below the national average. This suggests that while the profession is present and necessary, the market is not oversaturated, and there is a steady, consistent demand for qualified individuals rather than an exceptionally competitive or abundant landscape.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Central Indiana nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Central Indiana nonmetropolitan area is $70,110. This typically ranges from $42,710 for entry-level positions to $99,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 12.4% lower than the national median of $80,070.

Is Central Indiana nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, it is not exceptionally lucrative compared to national averages.The average salary of $70,110 is below the national average of $80,070, though the cost of living is on par with the national average.

Is Central Indiana nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($76,460) and Kokomo, IN.

How does the local workforce size affect job opportunities?

A local workforce of 430 suggests a stable but not expansive job market, indicating consistent opportunities for those with the right skills.

What does a Location Quotient of 0.84 mean for job seekers?

A Location Quotient below 1.0 signifies that the profession is less concentrated than the national average, implying moderate competition and steady demand.

How does the cost of living impact the salary's value?

With a Cost of Living Index of 100, the $70,110 salary offers purchasing power equivalent to the national average, mitigating the lower nominal wage.

Are there many jobs per 1,000 workers for this role in Central Indiana?

With 2.66 jobs per 1,000 workers, the availability is present but not exceptionally high, aligning with the moderate market concentration.

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 Central Indiana nonmetropolitan area area with a job density of 2.66 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.