Average Buyers and Purchasing Agents Salary in Indiana
Buyers and Purchasing Agents in Indiana earn an average annual salary of $74,160, which is slightly below the national average of $80,070. This difference is often influenced by the state's unique economic landscape and the specific demands of its industries, which can affect compensation levels for these crucial procurement roles.
Executive Summary
- Average Salary: $74,160 per year.
- Growth Trend: Salaries have shifted 23.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,630.
- Outlook: With a local workforce of 10,450 individuals in this profession, Indiana demonstrates a solid presence of Buyers and Purchasing Agents. The Location Quotient of 1.04 indicates that this role is slightly more concentrated in Indiana than the national average, suggesting a stable and potentially growing demand for these procurement specialists within the state's economy.
Salary Overview
The average Buyers and Purchasing Agents in Indiana earns-7.4%below the national average.
$35.7
$1,426
$6,180
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 in Indiana have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by increasing supply chain complexities, inflation, and the continuous need for skilled professionals to manage procurement effectively.
Buyers and Purchasing Agents Salary Distribution in Indiana
The career path for Buyers and Purchasing Agents typically involves significant salary progression with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise in negotiation, market analysis, and strategic sourcing, their earning potential increases substantially, with senior roles commanding higher salaries and reflecting greater responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,500 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,620 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,580 | $32 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,700 | $44.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,630 | $51.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$74,160
Gross Pay
Real Wage (Purchasing Power)
$82,400
Adjusted for COL (90)
The nominal average salary of $74,160 in Indiana presents a favorable financial situation when considered against the state's Cost of Living Index of 90. This index, being 10% lower than the national average, means that the purchasing power of an Indiana-based salary is effectively higher, allowing residents to enjoy a better standard of living compared to more expensive regions.
Job Market Context
10,450
Total Jobs
3.278
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Indiana has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
Indiana's Location Quotient of 1.04 for Buyers and Purchasing Agents suggests a market that is closely aligned with the national average in terms of concentration. This indicates a balanced job market where the number of professionals is proportionate to the national distribution, implying a healthy level of competition and opportunity for skilled individuals.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Buyers and Purchasing Agents Salary | $76,460↑ 3% | 8 mi |
| Kokomo, IN Buyers and Purchasing Agents Salary | $74,470↑ 0% | 43 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↓ 5% | 48 mi |
| Bloomington, IN Buyers and Purchasing Agents Salary | $76,610↑ 3% | 49 mi |
| Lafayette-West Lafayette, IN Buyers and Purchasing Agents Salary | $72,820↓ 2% | 50 mi |
Comparing salaries near Indiana
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Indiana?
The median annual salary for a Buyers and Purchasing Agents in Indiana is $74,160. This typically ranges from $44,500 for entry-level positions to $107,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indiana is 7.4% lower than the national median of $80,070.
Is Indiana a lucrative place for Buyers and Purchasing Agentss?
Yes, Indiana offers a good value proposition for Buyers and Purchasing Agents.While the average salary is slightly below the national average, Indiana's lower cost of living significantly enhances the purchasing power of these earnings. The stable job market concentration also suggests consistent opportunities.
Is Indiana a good place to live for Buyers and Purchasing Agents?
With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Indiana?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($76,460) and Kokomo, IN.
How does Indiana's cost of living affect salary perception?
Indiana's Cost of Living Index of 90 means that $74,160 effectively buys more goods and services than it would in a national average cost-of-living area, making the salary more valuable locally.
What does a Location Quotient of 1.04 mean for job seekers?
A Location Quotient of 1.04 indicates that Buyers and Purchasing Agents are slightly more prevalent in Indiana than the national average, suggesting a robust and stable job market with good opportunities.
How many Buyers and Purchasing Agents work in Indiana?
There are approximately 10,450 Buyers and Purchasing Agents employed within Indiana, representing a significant segment of the state's professional workforce.
Are there more job opportunities for Buyers and Purchasing Agents in Indiana compared to the national average?
With 3.278 jobs per 1,000 workers, Indiana's job density for this role is very close to the national average, indicating a comparable level of demand and availability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,450 employees in the Indiana area with a job density of 3.278 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 Indiana