Average Buyers and Purchasing Agents Salary in Champaign-Urbana, IL
In Champaign-Urbana, IL, Buyers and Purchasing Agents earn an average annual salary of $73,580. This figure is slightly below the national average of $80,070, a common occurrence in regions with a cost of living that aligns with the national median. Local economic factors and industry demand within the Champaign-Urbana metropolitan area play a significant role in shaping compensation for these crucial procurement roles.
Executive Summary
- Average Salary: $73,580 per year.
- Growth Trend: Salaries have shifted 5.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,660.
- Outlook: The Champaign-Urbana market for Buyers and Purchasing Agents appears stable, with a total local workforce of 340 individuals in this profession. The Location Quotient of 1.02 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply dynamic. While not a major hub, the consistent presence of these positions points to ongoing needs within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Champaign-Urbana, IL earns-8.1%below the national average.
$35.4
$1,415
$6,132
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Champaign-Urbana's Buyers and Purchasing Agents is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national patterns. Economic recovery and inflation typically drive compensation upwards, and it's likely that professionals in this field have seen incremental increases in their earnings, reflecting the evolving market conditions and the increasing complexity of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Champaign-Urbana, IL
Salary progression for Buyers and Purchasing Agents in Champaign-Urbana, as elsewhere, is strongly tied to experience and expertise. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record in negotiation, strategic sourcing, and vendor management can expect significantly higher compensation. The gap between the lower and upper salary percentiles reflects this career trajectory, offering clear financial incentives for skill development and advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,840 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,185 | $26.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,130 | $33.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,975 | $44.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,660 | $47.4 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$73,580
Gross Pay
Real Wage (Purchasing Power)
$73,580
Adjusted for COL (100)
The average annual salary of $73,580 in Champaign-Urbana, 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's salary in this area is equivalent to the national standard, offering a stable financial foundation for residents without the premium often associated with higher-cost metropolitan areas.
Job Market Context
340
Total Jobs
3.234
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Champaign-Urbana, IL has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.02, the Champaign-Urbana market for Buyers and Purchasing Agents exhibits a concentration that is virtually identical to the national average. This suggests a healthy and competitive job market where opportunities are present but not overwhelmingly abundant. Professionals entering this field can expect a steady, albeit not rapidly expanding, job landscape.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Buyers and Purchasing Agents Salary | $86,000↑ 17% | 39 mi |
| West Central Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $71,260↓ 3% | 41 mi |
| East Central Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $66,500↓ 10% | 41 mi |
| Northwest Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $70,280↓ 4% | 41 mi |
| South Illinois nonmetropolitan area Buyers and Purchasing Agents Salary | $68,410↓ 7% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Champaign-Urbana, IL?
The median annual salary for a Buyers and Purchasing Agents in Champaign-Urbana, IL is $73,580. This typically ranges from $48,840 for entry-level positions to $98,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Champaign-Urbana, IL is 8.1% lower than the national median of $80,070.
Is Champaign-Urbana, IL a lucrative place for Buyers and Purchasing Agentss?
No, not significantly more lucrative than the national average.The average salary of $73,580 is slightly below the national average, and the cost of living is exactly at the national average, indicating standard earning potential.
Is Champaign-Urbana, IL a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include Decatur, IL ($86,000) and West Central Illinois nonmetropolitan area.
How does the number of Buyers and Purchasing Agents in Champaign-Urbana compare nationally?
Champaign-Urbana has a total of 340 Buyers and Purchasing Agents, with 3.234 jobs per 1,000 workers, which is very close to the national average concentration.
What is the significance of the Location Quotient (LQ) for this role in Champaign-Urbana?
An LQ of 1.02 indicates that the concentration of Buyers and Purchasing Agents in Champaign-Urbana is only slightly higher than the national average, suggesting a stable but not exceptionally concentrated job market for this profession.
How does the cost of living affect the salary for Buyers and Purchasing Agents in Champaign-Urbana?
The cost of living in Champaign-Urbana is exactly at the national average (100). This means the $73,580 salary provides purchasing power equivalent to the national median, making it a standard living wage for the role.
What factors might influence salary variations for Buyers and Purchasing Agents in this area?
While the average is $73,580, individual salaries can vary based on years of experience, specific industry (e.g., manufacturing, education, government), company size, and the scope of responsibilities within the purchasing role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Champaign-Urbana, IL area with a job density of 3.234 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 Champaign-Urbana, IL