Average Buyers and Purchasing Agents Salary in Hickory-Lenoir-Morganton, NC
In Hickory-Lenoir-Morganton, NC, Buyers and Purchasing Agents earn an average annual salary of $67,570. This figure is notably below the national average of $80,070, suggesting that local market dynamics, such as industry concentration and regional economic factors, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $67,570 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,120.
- Outlook: The local job market for Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC, appears stable, with a total workforce of 520 professionals. The Location Quotient of 1.06 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, albeit not booming, demand within the region.
Salary Overview
The average Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC earns-15.6%below the national average.
$32.5
$1,299
$5,631
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across the nation, including in the Hickory-Lenoir-Morganton area, have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing demand for procurement expertise, and the evolving complexities of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Hickory-Lenoir-Morganton, NC
Salary progression for Buyers and Purchasing Agents is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive negotiation skills and strategic sourcing experience can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,350 | $20.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,678 | $24.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,130 | $29.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,463 | $40.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,120 | $47.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$67,570
Gross Pay
Real Wage (Purchasing Power)
$67,570
Adjusted for COL (100)
The average annual salary of $67,570 in Hickory-Lenoir-Morganton, NC, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Buyer or Purchasing Agent's salary in this area is equivalent to the national standard, offering a balanced lifestyle without the premium often associated with high-cost-of-living regions.
Job Market Context
520
Total Jobs
3.356
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Hickory-Lenoir-Morganton, NC has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.06, the market for Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC, shows a slight overrepresentation compared to the national average. This suggests a moderately competitive environment where the number of available professionals is slightly higher than the national norm, indicating a stable but not oversaturated job market.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC Buyers and Purchasing Agents Salary | $86,660↑ 28% | 45 mi |
| Spartanburg, SC Buyers and Purchasing Agents Salary | $78,460↑ 16% | 65 mi |
| Winston-Salem, NC Buyers and Purchasing Agents Salary | $72,500↑ 7% | 65 mi |
| Asheville, NC Buyers and Purchasing Agents Salary | $68,990↑ 2% | 70 mi |
| Johnson City, TN Buyers and Purchasing Agents Salary | $61,600↓ 9% | 72 mi |
Comparing salaries near Hickory-Lenoir-Morganton, NC
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Hickory-Lenoir-Morganton, NC?
The median annual salary for a Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC is $67,570. This typically ranges from $42,350 for entry-level positions to $99,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hickory-Lenoir-Morganton, NC is 15.6% lower than the national median of $80,070.
Is Hickory-Lenoir-Morganton, NC a lucrative place for Buyers and Purchasing Agentss?
No, not particularly lucrative compared to the national average.While the cost of living is average, the salary for Buyers and Purchasing Agents is below the national average, indicating less lucrative compensation in this specific location.
Is Hickory-Lenoir-Morganton, NC a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?
Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($86,660) and Spartanburg, SC.
How does the local salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC, is $67,570, which is lower than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Hickory-Lenoir-Morganton, NC?
The concentration, measured by the Location Quotient, is 1.06, indicating a slightly higher presence of these professionals compared to the national average.
Does the cost of living affect the salary in Hickory-Lenoir-Morganton, NC?
The cost of living in Hickory-Lenoir-Morganton, NC, is at the national average (100). This means the $67,570 salary offers purchasing power equivalent to the national average.
How many Buyers and Purchasing Agents are there in Hickory-Lenoir-Morganton, NC?
There are approximately 520 Buyers and Purchasing Agents employed in the Hickory-Lenoir-Morganton, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 3.356 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 Hickory-Lenoir-Morganton, NC