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Average Buyers and Purchasing Agents Salary in East South Dakota nonmetropolitan area

In the East South Dakota nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $74,870. This figure is slightly below the national average of $80,070, a common occurrence in nonmetropolitan regions where operational costs and market dynamics can influence compensation structures. The specific economic landscape of this area shapes the earning potential for these crucial procurement roles.

Executive Summary

  • Average Salary: $74,870 per year.
  • Growth Trend: Salaries have shifted 15.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,620.
  • Outlook: The local job market for Buyers and Purchasing Agents in East South Dakota's nonmetropolitan area appears stable, with a total workforce of 440 individuals in this role. The Location Quotient of 1.05 indicates a concentration of these professionals that is slightly above the national average, suggesting a steady demand and a well-established presence within the regional economy.
2024 Market Data

Salary Overview

$74,870

The average Buyers and Purchasing Agents in East South Dakota nonmetropolitan area earns-6.5%below the national average.

BreakdownBased on 40h/week
Hourly

$36

Weekly

$1,440

Monthly

$6,239

Buyers and Purchasing Agents Salary Distribution in East South Dakota nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, with their greater responsibilities and strategic input, command higher compensation. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential as one advances in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,940$25.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,153$27
ManagerOversees team, compliance, and project delivery.50% (Median)$66,870$32.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,588$45
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$101,620$48.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$74,870

Gross Pay

Real Wage (Purchasing Power)

$74,870

Adjusted for COL (100)

The nominal average salary of $74,870 in the East South Dakota nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering a balanced financial standing for residents without the premium often associated with higher cost-of-living regions.

Job Market Context

440

Total Jobs

3.323

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, East South Dakota nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.05, the market for Buyers and Purchasing Agents in the East South Dakota nonmetropolitan area is slightly more concentrated than the national average. This suggests that while the profession is well-represented, there may be a competitive environment for new entrants, balanced by a stable demand from local industries that rely on these procurement specialists.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in East South Dakota nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in East South Dakota nonmetropolitan area is $74,870. This typically ranges from $53,940 for entry-level positions to $101,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East South Dakota nonmetropolitan area is 6.5% lower than the national median of $80,070.

Is East South Dakota nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

Moderately lucrative, with excellent cost of living alignment.The average salary is slightly below the national average, but the cost of living is also at the national average, making the effective purchasing power comparable. The job market shows a healthy concentration of these roles.

Is East South Dakota nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in East South Dakota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

How does the salary compare to the national average?

The average salary of $74,870 in East South Dakota nonmetropolitan area is slightly lower than the national average of $80,070.

What is the cost of living in East South Dakota nonmetropolitan area?

The cost of living index is 100, which is exactly the national average.

How many Buyers and Purchasing Agents are there locally?

There are approximately 440 Buyers and Purchasing Agents employed in the East South Dakota nonmetropolitan area.

Is there high demand for Buyers and Purchasing Agents in this region?

The Location Quotient of 1.05 suggests a demand slightly above the national average, indicating a stable and present need 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 440 employees in the East South Dakota nonmetropolitan area area with a job density of 3.323 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.