SalaryNode

Average Buyers and Purchasing Agents Salary in Illinois

Buyers and Purchasing Agents in Illinois earn an average annual salary of $79,200, a figure slightly below the national average of $80,070. This marginal difference is often influenced by regional economic factors, industry concentration, and the specific demand dynamics within the state's diverse commercial landscape.

Executive Summary

  • Average Salary: $79,200 per year.
  • Growth Trend: Salaries have shifted 8.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,420.
  • Outlook: Illinois boasts a substantial workforce of 20,540 Buyers and Purchasing Agents, indicating a significant presence in the state's economy. With a Location Quotient of 1.07, the concentration of these roles in Illinois is slightly higher than the national average, suggesting a robust and potentially growing demand for professionals in this field within the state.
2024 Market Data

Salary Overview

$79,200

The average Buyers and Purchasing Agents in Illinois earns-1.1%below the national average.

BreakdownBased on 40h/week
Hourly

$38.1

Weekly

$1,523

Monthly

$6,600

Buyers and Purchasing Agents Salary Distribution in Illinois

Salary progression for Buyers and Purchasing Agents in Illinois is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, requiring extensive negotiation skills and strategic sourcing expertise, command significantly higher compensation. The widening percentile gaps in salary reflect this clear career trajectory and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,120$23.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,400$28.6
ManagerOversees team, compliance, and project delivery.50% (Median)$75,020$36.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,000$47.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$115,420$55.5

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$79,200

Gross Pay

Real Wage (Purchasing Power)

$86,275

Adjusted for COL (91.8)

The average annual salary of $79,200 in Illinois presents a favorable financial outlook when considered against the state's Cost of Living Index of 91.8. This index, being below the national average of 100, suggests that the nominal salary offers a relatively strong purchasing power, potentially allowing for a higher standard of living compared to more expensive regions.

Job Market Context

20,540

Total Jobs

3.386

Per 1K Jobs

1.07

Location Quotient

Above Average

With a location quotient of 1.07, Illinois has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.07, Illinois demonstrates a slightly higher concentration of Buyers and Purchasing Agents compared to the national average. This indicates a healthy job market where demand is at least on par with, if not exceeding, the national distribution, suggesting good opportunities for both new entrants and experienced professionals in the field.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Illinois

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Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Illinois is $79,200. This typically ranges from $49,120 for entry-level positions to $115,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 1.1% lower than the national median of $80,070.

Is Illinois a lucrative place for Buyers and Purchasing Agents?

Yes, Illinois offers a competitive landscape for Buyers and Purchasing Agents.The state's average salary is close to the national average, and its cost of living is below the national benchmark, enhancing the real value of earnings. Furthermore, a slightly above-average concentration of these roles suggests sustained demand.

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

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Bloomington, IL ($78,110) and Decatur, IL.

How does the Illinois salary compare to the national average?

The average annual salary for Buyers and Purchasing Agents in Illinois is $79,200, which is slightly lower than the national average of $80,070.

What is the Cost of Living in Illinois compared to the rest of the US?

Illinois has a Cost of Living Index of 91.8, which is below the national average of 100, indicating that it is generally more affordable to live in Illinois than the national average.

Is there high demand for Buyers and Purchasing Agents in Illinois?

With a Location Quotient of 1.07, Illinois shows a slightly higher concentration of these roles than the national average, suggesting a robust and potentially growing demand.

How many Buyers and Purchasing Agents work in Illinois?

There are approximately 20,540 Buyers and Purchasing Agents employed in Illinois, representing 3.386 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 20,540 employees in the Illinois area with a job density of 3.386 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.