SalaryNode

Average Buyers and Purchasing Agents Salary in Charlottesville, VA

Buyers and Purchasing Agents in Charlottesville, VA, earn an average annual salary of $79,070. This figure is slightly below the national average of $80,070, suggesting a localized market dynamic that slightly adjusts compensation. Factors such as regional industry demand and the specific economic landscape of Charlottesville influence this pay scale.

Executive Summary

  • Average Salary: $79,070 per year.
  • Growth Trend: Salaries have shifted 13.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,140.
  • Outlook: Charlottesville's market for Buyers and Purchasing Agents appears stable, with a total local workforce of 390 individuals in this role. The Location Quotient of 1.08 indicates a concentration of these professionals that is slightly above the national average, suggesting a healthy, albeit not overwhelmingly dominant, demand for their expertise within the region.
2024 Market Data

Salary Overview

$79,070

The average Buyers and Purchasing Agents in Charlottesville, VA earns-1.2%below the national average.

BreakdownBased on 40h/week
Hourly

$38

Weekly

$1,521

Monthly

$6,589

Buyers and Purchasing Agents Salary Distribution in Charlottesville, VA

Salary progression for Buyers and Purchasing Agents in Charlottesville, VA, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, characterized by greater responsibility and strategic input, command significantly higher compensation. The percentile gaps in earnings clearly signify the career advancement opportunities available within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,700$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,303$28.5
ManagerOversees team, compliance, and project delivery.50% (Median)$76,050$36.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,838$47.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$124,140$59.7

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$79,070

Gross Pay

Real Wage (Purchasing Power)

$79,070

Adjusted for COL (100)

The nominal average salary of $79,070 in Charlottesville, VA, is particularly advantageous given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a Buyer or Purchasing Agent's salary in Charlottesville is equivalent to the national standard, making it a financially stable location for these professionals.

Job Market Context

390

Total Jobs

3.423

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Charlottesville, VA has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.08, Charlottesville demonstrates a slightly higher concentration of Buyers and Purchasing Agents compared to the national average. This suggests that the job market is competitive but also indicates a robust presence of companies that rely on these specialized skills, offering a good balance for job seekers and employers alike.

Nearby Job Markets

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Charlottesville, VA?

The median annual salary for a Buyers and Purchasing Agents in Charlottesville, VA is $79,070. This typically ranges from $41,700 for entry-level positions to $124,140 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Charlottesville, VA is 1.2% lower than the national median of $80,070.

Is Charlottesville, VA a lucrative place for Buyers and Purchasing Agentss?

Yes, Charlottesville, VA offers a competitive compensation landscape for Buyers and Purchasing Agents.The average salary of $79,070, coupled with a Cost of Living Index at the national average, ensures strong purchasing power. The slightly above-average concentration of these roles also points to a healthy demand within the local market.

Is Charlottesville, VA a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Charlottesville, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Charlottesville, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($67,170) and Northern West Virginia nonmetropolitan area.

How does the local workforce size impact job opportunities?

A local workforce of 390 Buyers and Purchasing Agents suggests a significant presence of these roles, indicating a stable job market with consistent opportunities for both entry-level and experienced professionals.

What does a Location Quotient of 1.08 mean for job seekers?

A Location Quotient of 1.08 signifies that Charlottesville has a slightly higher concentration of Buyers and Purchasing Agents than the national average, implying a healthy demand and potentially more specialized roles available.

How does the Cost of Living in Charlottesville compare nationally?

Charlottesville's Cost of Living Index is 100, which is precisely the national average. This means that the average salary of $79,070 provides a standard level of purchasing power compared to the rest of the United States.

Are there significant salary differences based on experience level?

Yes, as with most professions, Buyers and Purchasing Agents with more experience and specialized skills typically command higher salaries, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Charlottesville, VA area with a job density of 3.423 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.