Average Buyers and Purchasing Agents Salary in Fort Wayne, IN
In Fort Wayne, IN, Buyers and Purchasing Agents earn an average annual salary of $68,820. This figure is notably below the national average of $80,070, suggesting that local market dynamics, such as industry concentration and regional demand, play a significant role in compensation levels. While the nominal salary is lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $68,820 per year.
- Growth Trend: Salaries have shifted 19.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,030.
- Outlook: Fort Wayne's market for Buyers and Purchasing Agents appears stable, with a local workforce of 730 individuals. The Location Quotient of 1.03 indicates a concentration of these roles that is slightly above the national average, suggesting a steady, albeit not booming, demand for procurement professionals within the region.
Salary Overview
The average Buyers and Purchasing Agents in Fort Wayne, IN earns-14.1%below the national average.
$33.1
$1,323
$5,735
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Fort Wayne have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical as the demand for skilled procurement specialists evolves with market conditions and industry advancements.
Buyers and Purchasing Agents Salary Distribution in Fort Wayne, IN
Career progression for Buyers and Purchasing Agents in Fort Wayne, as elsewhere, is typically marked by increasing compensation. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching higher percentiles of the salary range. These percentile gaps are key indicators of career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,020 | $19.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,615 | $24.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,950 | $29.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,025 | $41.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,030 | $49.5 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$68,820
Gross Pay
Real Wage (Purchasing Power)
$68,820
Adjusted for COL (100)
The average salary of $68,820 in Fort Wayne, IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer and Purchasing Agent's salary in Fort Wayne is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
730
Total Jobs
3.246
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Fort Wayne, IN has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.03, Fort Wayne exhibits a slight overrepresentation of Buyers and Purchasing Agents compared to the national average. This suggests a healthy, competitive job market where employers have access to a sufficient pool of talent, but also indicates a consistent need for these professionals across various local industries.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Buyers and Purchasing Agents Salary | $67,760↓ 2% | 59 mi |
| Elkhart-Goshen, IN Buyers and Purchasing Agents Salary | $73,550↑ 7% | 59 mi |
| Muncie, IN Buyers and Purchasing Agents Salary | $62,090↓ 10% | 63 mi |
| Kokomo, IN Buyers and Purchasing Agents Salary | $74,470↑ 8% | 67 mi |
| South Bend-Mishawaka, IN-MI Buyers and Purchasing Agents Salary | $69,650↑ 1% | 71 mi |
Comparing salaries near Fort Wayne, IN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Fort Wayne, IN?
The median annual salary for a Buyers and Purchasing Agents in Fort Wayne, IN is $68,820. This typically ranges from $40,020 for entry-level positions to $103,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 14.1% lower than the national median of $80,070.
Is Fort Wayne, IN a lucrative place for Buyers and Purchasing Agentss?
No, not exceptionally lucrative compared to the national average.While the average salary of $68,820 is competitive within the local market, it falls below the national average of $80,070. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Fort Wayne, IN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($67,760) and Elkhart-Goshen, IN.
How does the cost of living in Fort Wayne affect salary?
The Cost of Living Index in Fort Wayne is 100, matching the national average. This means the $68,820 salary offers purchasing power equivalent to the national average, making it neither significantly advantageous nor disadvantageous from a cost-of-living perspective.
What is the concentration of Buyers and Purchasing Agents in Fort Wayne?
Fort Wayne has a Location Quotient of 1.03 for Buyers and Purchasing Agents, indicating a slightly higher concentration of these roles than the national average. This suggests a stable demand within the local economy.
How many Buyers and Purchasing Agents work in Fort Wayne?
There are approximately 730 Buyers and Purchasing Agents employed in Fort Wayne, IN, representing a significant portion of the local workforce in procurement-related fields.
What is the national average salary for Buyers and Purchasing Agents?
The national average annual salary for Buyers and Purchasing Agents is $80,070, which is higher than the average salary observed in Fort Wayne, IN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Fort Wayne, IN area with a job density of 3.246 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 Fort Wayne, IN