Average Buyers and Purchasing Agents Salary in Cincinnati, OH-KY-IN
Buyers and Purchasing Agents in the Cincinnati, OH-KY-IN area earn an average annual salary of $77,750. This figure is slightly below the national average of $80,070, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the tri-state area. The specific economic landscape and business needs of Cincinnati contribute to this nuanced pay scale.
Executive Summary
- Average Salary: $77,750 per year.
- Growth Trend: Salaries have shifted 12.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,890.
- Outlook: The Cincinnati market demonstrates a healthy concentration of Buyers and Purchasing Agents, with a total local workforce of approximately 4,000 individuals. The Location Quotient of 1.16 indicates that this profession is more concentrated in Cincinnati than the national average, suggesting a robust demand and a stable job market for these professionals within the region.
Salary Overview
The average Buyers and Purchasing Agents in Cincinnati, OH-KY-IN earns-2.9%below the national average.
$37.4
$1,495
$6,479
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Buyers and Purchasing Agents have experienced consistent growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is likely driven by increasing complexity in supply chains, evolving procurement strategies, and a sustained demand for skilled professionals in managing organizational expenditures.
Buyers and Purchasing Agents Salary Distribution in Cincinnati, OH-KY-IN
Salary progression for Buyers and Purchasing Agents typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, characterized by greater responsibility and strategic oversight, command substantially higher compensation. The percentile gaps in salary distribution clearly signify the career advancement opportunities and earning potential as professionals gain expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,890 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,313 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,540 | $35.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,188 | $46.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,890 | $57.6 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$77,750
Gross Pay
Real Wage (Purchasing Power)
$77,750
Adjusted for COL (100)
With an average annual salary of $77,750 and a Cost of Living Index of 100, the nominal income in Cincinnati aligns precisely with the national average cost of living. This means that the purchasing power of a Buyer or Purchasing Agent's salary in Cincinnati is equivalent to the national average, offering a stable financial environment without significant advantages or disadvantages related to living expenses.
Job Market Context
4,000
Total Jobs
3.666
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
The Location Quotient of 1.16 for Buyers and Purchasing Agents in Cincinnati signifies a slightly higher concentration of these roles compared to the national average. This suggests that the job market is competitive yet abundant, with more opportunities available relative to the general workforce size than typically found nationwide, indicating a favorable environment for job seekers in this field.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Buyers and Purchasing Agents Salary | $90,960↑ 17% | 50 mi |
| Springfield, OH Buyers and Purchasing Agents Salary | $73,450↓ 6% | 69 mi |
| Lexington-Fayette, KY Buyers and Purchasing Agents Salary | $70,990↓ 9% | 73 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↓ 10% | 76 mi |
| Muncie, IN Buyers and Purchasing Agents Salary | $62,090↓ 20% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Cincinnati, OH-KY-IN?
The median annual salary for a Buyers and Purchasing Agents in Cincinnati, OH-KY-IN is $77,750. This typically ranges from $44,890 for entry-level positions to $119,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 2.9% lower than the national median of $80,070.
Is Cincinnati, OH-KY-IN a lucrative place for Buyers and Purchasing Agents?
Yes, with caveats.While the average salary is slightly below the national average, the strong concentration of roles (LQ of 1.16) and a cost of living matching the national average indicate a stable and competitive market.
Is Cincinnati, OH-KY-IN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($90,960) and Springfield, OH.
How does the Cincinnati salary compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Cincinnati is $77,750, which is slightly lower than the national average of $80,070.
What is the job market like for Buyers and Purchasing Agents in Cincinnati?
The job market is robust, with a total local workforce of 4,000 and a Location Quotient of 1.16, indicating a higher concentration of these roles than the national average.
How does the cost of living affect the salary in Cincinnati?
Cincinnati's Cost of Living Index is 100, matching the national average. This means the $77,750 salary offers purchasing power equivalent to the national average.
What does the Location Quotient of 1.16 mean for this role in Cincinnati?
A Location Quotient of 1.16 suggests that Buyers and Purchasing Agents are more prevalent in Cincinnati compared to the national average, indicating a strong presence and potential demand for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,000 employees in the Cincinnati, OH-KY-IN area with a job density of 3.666 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 Cincinnati, OH-KY-IN