Average Buyers and Purchasing Agents Salary in Hartford-West Hartford-East Hartford, CT
In Hartford-West Hartford-East Hartford, CT, Buyers and Purchasing Agents earn an impressive average annual salary of $84,310. This figure notably surpasses the national average of $80,070, indicating a strong local demand and potentially higher cost of doing business that influences compensation in this Connecticut hub.
Executive Summary
- Average Salary: $84,310 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,350.
- Outlook: With a local workforce of 2,030 Buyers and Purchasing Agents, Hartford-West Hartford-East Hartford demonstrates a significant concentration of these professionals. The Location Quotient of 1.09 suggests that this role is slightly more prevalent here than the national average, pointing towards a robust and stable job market for procurement specialists in the region.
Salary Overview
The average Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford, CT earns+5.3%above the national average.
$40.5
$1,621
$7,026
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford have experienced steady growth over the past four years, mirroring national trends of increasing compensation driven by inflation, evolving industry demands, and the increasing complexity of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Hartford-West Hartford-East Hartford, CT
Career progression for Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford typically correlates with experience. Entry-level positions may start closer to the lower percentiles of the salary range, while seasoned professionals with extensive expertise and strategic responsibilities can command salaries in the upper percentiles, reflecting a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,460 | $23.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,233 | $30.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,570 | $38.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,388 | $50.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,350 | $61.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$84,310
Gross Pay
Real Wage (Purchasing Power)
$84,310
Adjusted for COL (100)
The average annual salary of $84,310 in Hartford-West Hartford-East Hartford 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 this area is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
2,030
Total Jobs
3.431
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Hartford-West Hartford-East Hartford, CT has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.09 for Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford indicates a slightly higher concentration of these roles compared to the national average. This suggests a competitive yet accessible job market, where demand is present and potentially growing, offering good opportunities for both new entrants and experienced professionals.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Buyers and Purchasing Agents Salary | $75,980↓ 10% | 12 mi |
| Waterbury-Shelton, CT Buyers and Purchasing Agents Salary | $78,880↓ 6% | 23 mi |
| Springfield, MA Buyers and Purchasing Agents Salary | $80,910↓ 4% | 25 mi |
| New Haven, CT Buyers and Purchasing Agents Salary | $79,180↓ 6% | 34 mi |
| Norwich-New London-Willimantic, CT Buyers and Purchasing Agents Salary | $85,520↑ 1% | 34 mi |
Comparing salaries near Hartford-West Hartford-East Hartford, CT
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Hartford-West Hartford-East Hartford, CT?
The median annual salary for a Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford, CT is $84,310. This typically ranges from $49,460 for entry-level positions to $128,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hartford-West Hartford-East Hartford, CT is 5.3% higher than the national median of $80,070.
Is Hartford-West Hartford-East Hartford, CT a lucrative place for Buyers and Purchasing Agentss?
Yes, Hartford-West Hartford-East Hartford, CT offers a lucrative environment for Buyers and Purchasing Agents.The average salary of $84,310 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Hartford-West Hartford-East Hartford, CT a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($75,980) and Waterbury-Shelton, CT.
How does the Hartford salary compare to the national average?
Buyers and Purchasing Agents in Hartford-West Hartford-East Hartford earn an average of $84,310 annually, which is higher than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Hartford?
The concentration, measured by the Location Quotient, is 1.09, meaning the role is slightly more prevalent in Hartford-West Hartford-East Hartford than the national average.
How does the cost of living affect the salary in Hartford?
With a Cost of Living Index of 100, the national average, the $84,310 salary in Hartford provides purchasing power equivalent to the national standard.
What does the job market look like for Buyers and Purchasing Agents in Hartford?
The market is robust, with a local workforce of 2,030 and a slightly above-average concentration, suggesting stable demand and opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,030 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 3.431 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 Hartford-West Hartford-East Hartford, CT