SalaryNode

Average Buyers and Purchasing Agents Salary in Connecticut

Buyers and Purchasing Agents in Connecticut earn an impressive average annual salary of $84,080, surpassing the national average of $80,070. This elevated compensation is often a reflection of Connecticut's robust industrial base and higher operational costs, necessitating competitive pay to attract and retain skilled procurement professionals.

Executive Summary

  • Average Salary: $84,080 per year.
  • Growth Trend: Salaries have shifted 16.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,340.
  • Outlook: With a local workforce of 5,670 Buyers and Purchasing Agents, Connecticut demonstrates a significant presence in this sector. The Location Quotient of 1.07 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand for procurement expertise within the state's economy.
2024 Market Data

Salary Overview

$84,080

The average Buyers and Purchasing Agents in Connecticut earns+5.0%above the national average.

BreakdownBased on 40h/week
Hourly

$40.4

Weekly

$1,617

Monthly

$7,007

Buyers and Purchasing Agents Salary Distribution in Connecticut

The career path for Buyers and Purchasing Agents typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, with their greater responsibilities and strategic input, command salaries in the upper percentiles. These percentile gaps effectively signify the substantial career progression and earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,560$23.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$63,060$30.3
ManagerOversees team, compliance, and project delivery.50% (Median)$79,310$38.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$105,100$50.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$127,340$61.2

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$84,080

Gross Pay

Real Wage (Purchasing Power)

$74,341

Adjusted for COL (113.1)

Connecticut's average salary of $84,080 presents a strong nominal income. However, with a Cost of Living Index of 113.1, residents face expenses approximately 13.1% higher than the national average. This means that while the gross salary is favorable, the purchasing power of that income will be somewhat diminished by the higher cost of goods and services in the state.

Job Market Context

5,670

Total Jobs

3.369

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Connecticut has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.07 suggests that Connecticut has a slightly more concentrated job market for Buyers and Purchasing Agents than the national average. This indicates a healthy level of demand relative to the general workforce, implying that while the market is competitive, there are ample opportunities for skilled professionals in this field.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Connecticut?

The median annual salary for a Buyers and Purchasing Agents in Connecticut is $84,080. This typically ranges from $48,560 for entry-level positions to $127,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Connecticut is 5.0% higher than the national median of $80,070.

Is Connecticut a lucrative place for Buyers and Purchasing Agentss?

Yes, Connecticut offers a lucrative environment for Buyers and Purchasing Agents.The average salary of $84,080 significantly exceeds the national average, and the slightly higher concentration of these roles (LQ of 1.07) points to robust demand.

Is Connecticut a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Connecticut is 113.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Connecticut?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($84,310) and Waterbury-Shelton, CT.

How does Connecticut's average salary compare to the national average?

Buyers and Purchasing Agents in Connecticut earn an average of $84,080 annually, which is higher than the national average of $80,070.

What is the concentration of Buyers and Purchasing Agents in Connecticut?

Connecticut has a Location Quotient of 1.07 for this profession, indicating a slightly higher concentration of these jobs compared to the national average.

How does the cost of living affect the salary in Connecticut?

With a Cost of Living Index of 113.1, Connecticut is more expensive than the national average, meaning the $84,080 salary will have less purchasing power than it would in a lower-cost area.

What is the total number of Buyers and Purchasing Agents in Connecticut?

There are approximately 5,670 Buyers and Purchasing Agents employed in Connecticut.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,670 employees in the Connecticut area with a job density of 3.369 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.