Average Buyers and Purchasing Agents Salary in East Central Illinois nonmetropolitan area
In the East Central Illinois nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $66,500. This figure is notably below the national average of $80,070, reflecting the economic landscape and specific industry demands prevalent in this region. Localized market dynamics, including industry concentration and the overall economic output of the area, typically influence compensation levels for specialized roles like purchasing agents.
Executive Summary
- Average Salary: $66,500 per year.
- Growth Trend: Salaries have shifted 8.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $95,840.
- Outlook: The East Central Illinois nonmetropolitan area supports a workforce of 370 Buyers and Purchasing Agents. With a Location Quotient of 0.82, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of 2.585 jobs per 1,000 workers indicates a consistent need for these professionals within the local economy, pointing towards a steady job market.
Salary Overview
The average Buyers and Purchasing Agents in East Central Illinois nonmetropolitan area earns-16.9%below the national average.
$32
$1,279
$5,542
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in East Central Illinois have seen gradual growth over the past four years, mirroring national trends. Economic recovery and evolving supply chain complexities likely contribute to increased demand and, consequently, upward pressure on wages, albeit potentially at a slower pace than in more metropolitan areas.
Buyers and Purchasing Agents Salary Distribution in East Central Illinois nonmetropolitan area
Career progression for Buyers and Purchasing Agents typically involves a significant salary increase from entry-level to senior positions. Junior roles might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in negotiation, vendor management, and strategic sourcing can command salaries well above the average. The percentile gaps in salary data clearly signify these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,380 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,875 | $24 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,980 | $29.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $83,125 | $40 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $95,840 | $46.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$66,500
Gross Pay
Real Wage (Purchasing Power)
$66,500
Adjusted for COL (100)
The nominal average salary of $66,500 in East Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average. While the salary is lower than the national average for the profession, the cost of living being on par suggests that the take-home pay may offer comparable living standards to other areas, making it a potentially neutral factor for relocation.
Job Market Context
370
Total Jobs
2.585
Per 1K Jobs
0.82
Location Quotient
East Central Illinois nonmetropolitan area has 0.82x 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 0.82 indicates that Buyers and Purchasing Agents are slightly less concentrated in the East Central Illinois nonmetropolitan area compared to the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector. The job market is likely competitive, with opportunities available but perhaps fewer than in regions with a higher concentration of purchasing-related activities.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Buyers and Purchasing Agents Salary | $78,110↑ 17% | 9 mi |
| Decatur, IL Buyers and Purchasing Agents Salary | $86,000↑ 29% | 34 mi |
| Champaign-Urbana, IL Buyers and Purchasing Agents Salary | $73,580↑ 11% | 41 mi |
| Peoria, IL Buyers and Purchasing Agents Salary | $77,120↑ 16% | 43 mi |
| Springfield, IL Buyers and Purchasing Agents Salary | $74,780↑ 12% | 53 mi |
Comparing salaries near East Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in East Central Illinois nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in East Central Illinois nonmetropolitan area is $66,500. This typically ranges from $42,380 for entry-level positions to $95,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Central Illinois nonmetropolitan area is 16.9% lower than the national median of $80,070.
Is East Central Illinois nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $66,500 is below the national average of $80,070, although the cost of living is on par with the national average.
Is East Central Illinois nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in East Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($78,110) and Decatur, IL.
How does the local workforce size affect job prospects?
A local workforce of 370 indicates a moderate presence of Buyers and Purchasing Agents, suggesting a stable job market with consistent opportunities but potentially less competition than in larger metropolitan areas.
What does a Location Quotient of 0.82 signify?
A Location Quotient of 0.82 means that the concentration of Buyers and Purchasing Agents in East Central Illinois is slightly lower than the national average, implying a balanced job market that is neither oversaturated nor experiencing exceptionally high demand.
How does the Cost of Living Index impact the salary?
With a Cost of Living Index of 100, the $66,500 salary in East Central Illinois offers purchasing power equivalent to the national average, meaning the lower nominal salary is offset by comparable living expenses.
What is the job density for Buyers and Purchasing Agents in this region?
There are 2.585 jobs per 1,000 workers for Buyers and Purchasing Agents in East Central Illinois, indicating a steady presence and ongoing need for professionals in this field within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the East Central Illinois nonmetropolitan area area with a job density of 2.585 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 East Central Illinois nonmetropolitan area