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Average Buyers and Purchasing Agents Salary in Guam

Buyers and Purchasing Agents in Guam earn an average annual salary of $67,340. This figure is notably below the national average of $80,070, reflecting the unique economic dynamics and market demands specific to the island territory. Factors such as import reliance and specialized supply chains likely influence compensation levels in this role.

Executive Summary

  • Average Salary: $67,340 per year.
  • Growth Trend: Salaries have shifted 26.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,730.
  • Outlook: With a local workforce of 230 professionals, the market for Buyers and Purchasing Agents in Guam appears stable. The Location Quotient of 1.16 suggests a slightly higher concentration of these roles compared to the national average, indicating a consistent, albeit not booming, demand for procurement expertise within the local economy.
2024 Market Data

Salary Overview

$67,340

The average Buyers and Purchasing Agents in Guam earns-15.9%below the national average.

BreakdownBased on 40h/week
Hourly

$32.4

Weekly

$1,295

Monthly

$5,612

Buyers and Purchasing Agents Salary Distribution in Guam

Career progression for Buyers and Purchasing Agents in Guam typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, demanding greater negotiation skills and strategic oversight, command higher compensation. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,590$15.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$50,505$24.3
ManagerOversees team, compliance, and project delivery.50% (Median)$59,950$28.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$84,175$40.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$113,730$54.7

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$67,340

Gross Pay

Real Wage (Purchasing Power)

$51,800

Adjusted for COL (130)

The nominal average salary of $67,340 in Guam must be considered alongside its Cost of Living Index of 130, which is 30% higher than the national average. This means that while the take-home pay is lower than the national average, the purchasing power of that salary is further diminished by the elevated cost of goods and services on the island.

Job Market Context

230

Total Jobs

3.667

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Guam has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.16 indicates that Guam has a slightly higher concentration of Buyers and Purchasing Agents relative to its overall workforce compared to the national average. This suggests a moderately competitive market where demand is present, but the number of professionals in the field is also proportionally robust, implying a balanced job landscape.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Guam?

The median annual salary for a Buyers and Purchasing Agents in Guam is $67,340. This typically ranges from $31,590 for entry-level positions to $113,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Guam is 15.9% lower than the national median of $80,070.

Is Guam a lucrative place for Buyers and Purchasing Agentss?

No, not strictly based on nominal salary.While the average salary is $67,340, it falls below the national average. Furthermore, the high cost of living significantly impacts the real purchasing power of this salary.

Is Guam a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.

How does Guam's cost of living affect salary expectations?

Guam's Cost of Living Index is 130, meaning expenses are 30% higher than the national average. This significantly reduces the real value of the $67,340 average salary for Buyers and Purchasing Agents.

Is there strong demand for Buyers and Purchasing Agents in Guam?

The Location Quotient of 1.16 suggests a slightly higher concentration of these roles than the national average, indicating steady demand within the local market.

What is the average salary for Buyers and Purchasing Agents in Guam?

The average annual salary for Buyers and Purchasing Agents in Guam is $67,340, which is lower than the national average of $80,070.

How many Buyers and Purchasing Agents work in Guam?

There are approximately 230 Buyers and Purchasing Agents employed in Guam, representing 3.667 jobs per 1,000 workers in 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 230 employees in the Guam area with a job density of 3.667 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.