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Average Buyers and Purchasing Agents Salary in Elkhart-Goshen, IN

In Elkhart-Goshen, IN, Buyers and Purchasing Agents earn an average annual salary of $73,550. This figure is notably below the national average of $80,070, suggesting that local market dynamics, industry concentration, or specific employer compensation strategies in the region may influence pay rates. Understanding these local factors is crucial for professionals in this field.

Executive Summary

  • Average Salary: $73,550 per year.
  • Growth Trend: Salaries have shifted 25.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $94,130.
  • Outlook: The Elkhart-Goshen area supports a local workforce of 950 Buyers and Purchasing Agents. With a Location Quotient of 2.34, this role is significantly more concentrated than the national average, indicating a robust demand and specialized market for these professionals within the region. The presence of nearly 7.4 jobs per 1,000 workers further underscores the active job market for this occupation.
2024 Market Data

Salary Overview

$73,550

The average Buyers and Purchasing Agents in Elkhart-Goshen, IN earns-8.1%below the national average.

BreakdownBased on 40h/week
Hourly

$35.4

Weekly

$1,414

Monthly

$6,129

Buyers and Purchasing Agents Salary Distribution in Elkhart-Goshen, IN

Salary progression for Buyers and Purchasing Agents typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive negotiation skills, strategic sourcing experience, and advanced certifications can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles reflects the increasing value placed on expertise and strategic contribution in procurement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,990$22.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,163$26.5
ManagerOversees team, compliance, and project delivery.50% (Median)$75,500$36.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,938$44.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$94,130$45.3

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$73,550

Gross Pay

Real Wage (Purchasing Power)

$73,550

Adjusted for COL (100)

The average annual salary of $73,550 in Elkhart-Goshen, IN, aligns precisely 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 landscape for professionals considering a move to or within the area. While the salary is below the national average for the role, the stable cost of living ensures that the nominal income translates directly to average living expenses.

Job Market Context

950

Total Jobs

7.397

Per 1K Jobs

2.34

Location Quotient

Major Hub

Elkhart-Goshen, IN has 2.3x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.34 for Buyers and Purchasing Agents in Elkhart-Goshen, IN, signifies a market with a significantly higher concentration of these roles compared to the national average. This suggests a specialized and potentially competitive environment where employers may actively seek out candidates with specific industry experience relevant to the local economy. The abundance of these roles relative to the national average points to strong local demand.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Elkhart-Goshen, IN

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Elkhart-Goshen, IN?

The median annual salary for a Buyers and Purchasing Agents in Elkhart-Goshen, IN is $73,550. This typically ranges from $46,990 for entry-level positions to $94,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Elkhart-Goshen, IN is 8.1% lower than the national median of $80,070.

Is Elkhart-Goshen, IN a lucrative place for Buyers and Purchasing Agentss?

No, not exceptionally lucrative compared to the national average.While the average salary of $73,550 is substantial, it falls below the national average of $80,070 for Buyers and Purchasing Agents. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is Elkhart-Goshen, IN a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Elkhart-Goshen, IN?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($69,650) and Niles, MI.

How does the Elkhart-Goshen job market compare nationally for Buyers and Purchasing Agents?

The Elkhart-Goshen market shows a significantly higher concentration of Buyers and Purchasing Agents roles, as indicated by a Location Quotient of 2.34, suggesting a specialized and robust local demand for these professionals compared to the national landscape.

What is the average salary for Buyers and Purchasing Agents in Elkhart-Goshen, IN?

The average annual salary for Buyers and Purchasing Agents in Elkhart-Goshen, IN, is $73,550.

How does the cost of living in Elkhart-Goshen, IN affect salary perception?

With a Cost of Living Index of 100, Elkhart-Goshen is at the national average. This means the $73,550 salary offers standard purchasing power, neither significantly enhancing nor diminishing its value relative to national norms.

Is there high demand for Buyers and Purchasing Agents in Elkhart-Goshen, IN?

Yes, the high Location Quotient (2.34) and the number of jobs per 1,000 workers (7.397) indicate a strong local demand and concentration for Buyers and Purchasing Agents in the Elkhart-Goshen area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 950 employees in the Elkhart-Goshen, IN area with a job density of 7.397 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.