Average Buyers and Purchasing Agents Salary in Knoxville, TN
Buyers and Purchasing Agents in Knoxville, TN, earn an average annual salary of $69,130. This figure is notably below the national average of $80,070, suggesting that local economic factors and industry demand within Knoxville play a significant role in compensation levels. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $69,130 per year.
- Growth Trend: Salaries have shifted 10.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,450.
- Outlook: With a local workforce of 1,970 Buyers and Purchasing Agents, Knoxville demonstrates a substantial presence in this sector. The Location Quotient of 1.49 indicates that this profession is more concentrated in Knoxville than the national average, suggesting a robust demand and a potentially active job market for these professionals within the region.
Salary Overview
The average Buyers and Purchasing Agents in Knoxville, TN earns-13.7%below the national average.
$33.2
$1,329
$5,761
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Knoxville is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents nationwide have experienced steady growth over the past four years, driven by inflation, increased demand for goods, and evolving supply chain complexities. This trend likely extends to Knoxville, with local compensation potentially seeing incremental increases.
Buyers and Purchasing Agents Salary Distribution in Knoxville, TN
Career progression for Buyers and Purchasing Agents in Knoxville, as elsewhere, is typically marked by increasing salary potential. Entry-level positions may start significantly below the average, while seasoned professionals with extensive experience and specialized skills can command salaries well above the $69,130 average, reflecting a clear salary scale tied to expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,680 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,848 | $24.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,120 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,413 | $41.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,450 | $50.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$69,130
Gross Pay
Real Wage (Purchasing Power)
$69,130
Adjusted for COL (100)
The average annual salary of $69,130 in Knoxville 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 Knoxville is equivalent to that of someone earning the national average in a typical U.S. city, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
1,970
Total Jobs
4.704
Per 1K Jobs
1.49
Location Quotient
With a location quotient of 1.49, Knoxville, TN has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
Knoxville's Location Quotient of 1.49 signifies a higher concentration of Buyers and Purchasing Agents compared to the national average. This suggests that the job market in Knoxville is relatively more robust and potentially more competitive for these roles, with employers likely seeking professionals with specific regional industry knowledge.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Morristown, TN Buyers and Purchasing Agents Salary | $66,550↓ 4% | 40 mi |
| Cleveland, TN Buyers and Purchasing Agents Salary | $68,710↓ 1% | 75 mi |
| Asheville, NC Buyers and Purchasing Agents Salary | $68,990↓ 0% | 83 mi |
| Kingsport-Bristol, TN-VA Buyers and Purchasing Agents Salary | $70,330↑ 2% | 87 mi |
| Johnson City, TN Buyers and Purchasing Agents Salary | $61,600↓ 11% | 91 mi |
Comparing salaries near Knoxville, TN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Knoxville, TN?
The median annual salary for a Buyers and Purchasing Agents in Knoxville, TN is $69,130. This typically ranges from $37,680 for entry-level positions to $105,450 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Knoxville, TN is 13.7% lower than the national median of $80,070.
Is Knoxville, TN a lucrative place for Buyers and Purchasing Agents?
No, not when compared to the national average salary.While Knoxville has a strong concentration of these roles (LQ 1.49), the average salary of $69,130 is significantly lower than the national average of $80,070.
Is Knoxville, TN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Knoxville, TN?
Some top paying nearby cities include Morristown, TN ($66,550) and Cleveland, TN.
How does Knoxville's cost of living compare to the national average?
Knoxville's cost of living index is exactly 100, meaning it is on par with the national average. This makes the $69,130 salary equivalent in purchasing power to the national average salary in a typical U.S. city.
Is the job market for Buyers and Purchasing Agents strong in Knoxville?
Yes, the market appears strong, indicated by a Location Quotient of 1.49, which is above the national average. This suggests a higher concentration of these jobs and potentially greater demand within the local economy.
What is the total number of Buyers and Purchasing Agents in Knoxville?
There are approximately 1,970 Buyers and Purchasing Agents employed in the Knoxville, TN area, representing 4.704 jobs per 1,000 workers in the local workforce.
How does experience affect salary for Buyers and Purchasing Agents in Knoxville?
As with most professions, experience significantly impacts earning potential. Entry-level positions will likely earn less than the $69,130 average, while senior roles with extensive experience and specialized skills can command higher salaries.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,970 employees in the Knoxville, TN area with a job density of 4.704 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 Knoxville, TN