Average Buyers and Purchasing Agents Salary in Indianapolis-Carmel-Greenwood, IN
In Indianapolis-Carmel-Greenwood, IN, Buyers and Purchasing Agents earn an average annual salary of $76,460. This figure is slightly below the national average of $80,070, a common occurrence in metropolitan areas where local economic factors and industry concentration can influence compensation levels. The specific demand and supply dynamics within the Indianapolis region play a crucial role in shaping these salary benchmarks.
Executive Summary
- Average Salary: $76,460 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,770.
- Outlook: The Indianapolis-Carmel-Greenwood, IN market for Buyers and Purchasing Agents appears stable, with a total local workforce of 3,470 professionals. A Location Quotient of 1.0 indicates that the concentration of these roles in Indianapolis is precisely in line with the national average, suggesting a balanced demand and supply landscape. The presence of 3.159 jobs per 1,000 workers further reinforces this steady market condition.
Salary Overview
The average Buyers and Purchasing Agents in Indianapolis-Carmel-Greenwood, IN earns-4.5%below the national average.
$36.8
$1,470
$6,372
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this role in Indianapolis is not provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents have experienced gradual growth over the past four years, mirroring national trends. Economic expansions, inflation, and evolving industry demands typically drive modest annual increases in compensation for such positions.
Buyers and Purchasing Agents Salary Distribution in Indianapolis-Carmel-Greenwood, IN
Salary progression for Buyers and Purchasing Agents in Indianapolis-Carmel-Greenwood, IN, 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 industry knowledge can command significantly higher salaries. The percentile gaps in earnings clearly signify the career trajectory and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,540 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $57,345 | $27.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $69,780 | $33.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $95,575 | $45.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,770 | $55.2 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$76,460
Gross Pay
Real Wage (Purchasing Power)
$76,460
Adjusted for COL (100)
The nominal average salary of $76,460 in Indianapolis-Carmel-Greenwood, IN, is perfectly aligned with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of an average salary in this area is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
3,470
Total Jobs
3.159
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Indianapolis-Carmel-Greenwood, IN has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.0, the job market for Buyers and Purchasing Agents in Indianapolis-Carmel-Greenwood, IN, is neither significantly more nor less concentrated than the national average. This suggests a competitive yet stable environment where opportunities are present but not necessarily abundant, requiring professionals to be well-qualified and adaptable.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Northern Indiana nonmetropolitan area Buyers and Purchasing Agents Salary | $69,350↓ 9% | 8 mi |
| Southern Indiana nonmetropolitan area Buyers and Purchasing Agents Salary | $71,520↓ 6% | 8 mi |
| Central Indiana nonmetropolitan area Buyers and Purchasing Agents Salary | $70,110↓ 8% | 8 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↓ 8% | 41 mi |
| Bloomington, IN Buyers and Purchasing Agents Salary | $76,610↑ 0% | 47 mi |
Comparing salaries near Indianapolis-Carmel-Greenwood, IN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Indianapolis-Carmel-Greenwood, IN?
The median annual salary for a Buyers and Purchasing Agents in Indianapolis-Carmel-Greenwood, IN is $76,460. This typically ranges from $45,540 for entry-level positions to $114,770 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 4.5% lower than the national median of $80,070.
Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Buyers and Purchasing Agentss?
No, but it is on par with the national average.The average salary of $76,460 is slightly below the national average, but the cost of living is also at the national average, making the purchasing power equivalent.
Is Indianapolis-Carmel-Greenwood, IN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?
Some top paying nearby cities include Northern Indiana nonmetropolitan area ($69,350) and Southern Indiana nonmetropolitan area.
How does the Indianapolis salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Indianapolis is $76,460, which is slightly lower than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Indianapolis?
The concentration, measured by the Location Quotient, is 1.0, indicating that the proportion of these roles in Indianapolis is the same as the national average.
How does the cost of living in Indianapolis affect salary perception?
With a Cost of Living Index of 100, the purchasing power of the $76,460 salary in Indianapolis is equivalent to the national average, meaning it's neither exceptionally high nor low.
What does a Location Quotient of 1.0 signify for job seekers?
A Location Quotient of 1.0 suggests a balanced job market for Buyers and Purchasing Agents in Indianapolis, with a stable number of jobs relative to the workforce compared to the national landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,470 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 3.159 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Buyers and Purchasing Agents Salaries by State
Top Jobs in Indianapolis-Carmel-Greenwood, IN
- All Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Transportation and Material Moving Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Office and Administrative Support Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Sales and Related Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Food Preparation and Serving Related Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Healthcare Practitioners and Technical Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Production Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Business and Financial Operations Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Management Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Educational Instruction and Library Occupations Salary in Indianapolis-Carmel-Greenwood, IN
- Browse All Jobs in Indianapolis-Carmel-Greenwood, IN →
Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Indianapolis-Carmel-Greenwood, IN