Average Buyers and Purchasing Agents Salary in Eastern New Mexico nonmetropolitan area
In the Eastern New Mexico nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $78,330. This figure is slightly below the national average of $80,070, reflecting the unique economic dynamics and demand specific to this region. The localized pay scale is a direct consequence of the area's specific industry needs and the overall economic landscape.
Executive Summary
- Average Salary: $78,330 per year.
- Growth Trend: Salaries have shifted 41.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,300.
- Outlook: With a total local workforce of 230 individuals in this role, the market in Eastern New Mexico for Buyers and Purchasing Agents is relatively niche. The Location Quotient of 0.45 indicates a lower concentration of these professionals compared to the national average, suggesting a potentially less saturated but also less robust job market in terms of sheer volume.
Salary Overview
The average Buyers and Purchasing Agents in Eastern New Mexico nonmetropolitan area earns-2.2%below the national average.
$37.7
$1,506
$6,528
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 Eastern New Mexico have experienced gradual growth over the past four years, mirroring national trends. Economic shifts and evolving industry demands typically drive incremental increases in compensation for skilled professionals in procurement.
Buyers and Purchasing Agents Salary Distribution in Eastern New Mexico 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 percentiles, while seasoned professionals with extensive negotiation and supply chain management expertise can command salaries in the upper percentiles. These percentile gaps highlight the substantial earning potential as one advances through the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,640 | $20.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,748 | $28.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,510 | $35.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,913 | $47.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,300 | $53 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$78,330
Gross Pay
Real Wage (Purchasing Power)
$78,330
Adjusted for COL (100)
The nominal average salary of $78,330 in Eastern New Mexico aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national standard, suggesting that the slightly lower nominal pay is effectively balanced by the local cost of living, making it neither exceptionally advantageous nor disadvantageous from a cost perspective.
Job Market Context
230
Total Jobs
1.433
Per 1K Jobs
0.45
Location Quotient
At 0.45x, Eastern New Mexico nonmetropolitan area has a notably lower concentration of Buyers and Purchasing Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.45 signifies that Buyers and Purchasing Agents are less concentrated in Eastern New Mexico compared to the national average. This suggests that while the demand might not be as high as in major metropolitan hubs, the market is less competitive, potentially offering more opportunities for skilled individuals to establish themselves without facing intense competition.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Buyers and Purchasing Agents Salary | $83,400↑ 6% | 29 mi |
| Santa Fe, NM Buyers and Purchasing Agents Salary | $75,750↓ 3% | 59 mi |
Comparing salaries near Eastern New Mexico nonmetropolitan area
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Eastern New Mexico nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Eastern New Mexico nonmetropolitan area is $78,330. This typically ranges from $42,640 for entry-level positions to $110,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern New Mexico nonmetropolitan area is 2.2% lower than the national median of $80,070.
Is Eastern New Mexico 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 $78,330 is slightly below the national average, and the lower concentration of jobs (LQ of 0.45) indicates a less robust market.
Is Eastern New Mexico nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($83,400) and Santa Fe, NM.
How does the salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Eastern New Mexico is $78,330, which is slightly lower than the national average of $80,070.
What is the Cost of Living in Eastern New Mexico?
The Cost of Living Index in Eastern New Mexico is 100, which is exactly the national average, indicating that the purchasing power of the local salary is on par with the rest of the country.
How concentrated are Buyers and Purchasing Agents jobs in this area?
The concentration of Buyers and Purchasing Agents jobs, indicated by a Location Quotient of 0.45, is less than half the national average, suggesting a lower density of these roles.
What does the total workforce size suggest about job opportunities?
With a total local workforce of 230, the market for Buyers and Purchasing Agents in Eastern New Mexico is relatively small, implying fewer overall positions compared to larger economic regions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 1.433 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 Eastern New Mexico nonmetropolitan area