Average Buyers and Purchasing Agents Salary in Grand Rapids-Wyoming-Kentwood, MI
In Grand Rapids-Wyoming-Kentwood, MI, Buyers and Purchasing Agents earn an average annual salary of $72,750. This figure is notably below the national average of $80,070, suggesting localized market dynamics and potentially different industry demands influence compensation within this Michigan metropolitan area.
Executive Summary
- Average Salary: $72,750 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,190.
- Outlook: The Grand Rapids-Wyoming-Kentwood area supports a substantial local workforce of 2,440 Buyers and Purchasing Agents. With a Location Quotient of 1.38, indicating a higher concentration of these roles compared to the national average, the job market here demonstrates a robust demand and a specialized industry presence for procurement professionals.
Salary Overview
The average Buyers and Purchasing Agents in Grand Rapids-Wyoming-Kentwood, MI earns-9.1%below the national average.
$35
$1,399
$6,063
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally expected that salaries for Buyers and Purchasing Agents in Grand Rapids-Wyoming-Kentwood, like in most markets, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled professionals, and evolving industry needs.
Buyers and Purchasing Agents Salary Distribution in Grand Rapids-Wyoming-Kentwood, MI
Career progression for Buyers and Purchasing Agents in Grand Rapids-Wyoming-Kentwood significantly impacts earning potential. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles, reflecting a clear salary scale tied to expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,840 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,563 | $26.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,000 | $33.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,938 | $43.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,190 | $49.6 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$72,750
Gross Pay
Real Wage (Purchasing Power)
$72,750
Adjusted for COL (100)
The average annual salary of $72,750 in Grand Rapids-Wyoming-Kentwood aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Buyer's salary in this region is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
2,440
Total Jobs
4.351
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Grand Rapids-Wyoming-Kentwood, MI has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.38 signifies that Grand Rapids-Wyoming-Kentwood has a higher concentration of Buyers and Purchasing Agents relative to the national average. This suggests a more specialized and potentially competitive market for these roles, where employers may actively seek out talent within this specific geographic area.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Muskegon-Norton Shores, MI Buyers and Purchasing Agents Salary | $65,750↓ 10% | 35 mi |
| Kalamazoo-Portage, MI Buyers and Purchasing Agents Salary | $72,310↓ 1% | 48 mi |
| Battle Creek, MI Buyers and Purchasing Agents Salary | $80,990↑ 11% | 51 mi |
| Lansing-East Lansing, MI Buyers and Purchasing Agents Salary | $71,880↓ 1% | 58 mi |
| Mid Michigan nonmetropolitan area Buyers and Purchasing Agents Salary | $64,530↓ 11% | 62 mi |
Comparing salaries near Grand Rapids-Wyoming-Kentwood, MI
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Grand Rapids-Wyoming-Kentwood, MI?
The median annual salary for a Buyers and Purchasing Agents in Grand Rapids-Wyoming-Kentwood, MI is $72,750. This typically ranges from $44,840 for entry-level positions to $103,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Rapids-Wyoming-Kentwood, MI is 9.1% lower than the national median of $80,070.
Is Grand Rapids-Wyoming-Kentwood, MI a lucrative place for Buyers and Purchasing Agentss?
No, not more lucrative than the national average.While the cost of living is average, the nominal salary of $72,750 is below the national average of $80,070 for Buyers and Purchasing Agents.
Is Grand Rapids-Wyoming-Kentwood, MI a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Grand Rapids-Wyoming-Kentwood, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Grand Rapids-Wyoming-Kentwood, MI?
Some top paying nearby cities include Muskegon-Norton Shores, MI ($65,750) and Kalamazoo-Portage, MI.
How does the Grand Rapids Buyer salary compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Grand Rapids-Wyoming-Kentwood is $72,750, which is lower than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Grand Rapids?
The concentration, measured by the Location Quotient, is 1.38, indicating a higher presence of these professionals in Grand Rapids compared to the national average.
How does the cost of living affect the Grand Rapids Buyer salary?
The cost of living in Grand Rapids is at the national average (100), meaning the $72,750 salary offers purchasing power equivalent to the national median.
What does the job market look like for Buyers in Grand Rapids?
The market shows a strong concentration of Buyers and Purchasing Agents, with 4.351 jobs per 1,000 workers, suggesting a healthy demand 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 2,440 employees in the Grand Rapids-Wyoming-Kentwood, MI area with a job density of 4.351 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 Grand Rapids-Wyoming-Kentwood, MI