Average Buyers and Purchasing Agents Salary in Lafayette, LA
In Lafayette, LA, Buyers and Purchasing Agents earn an average annual salary of $68,240. This figure is notably below the national average of $80,070, reflecting regional economic factors and demand specific to the Louisiana market. The local compensation structure is influenced by the concentration of industries and the overall economic landscape of the Lafayette metropolitan area.
Executive Summary
- Average Salary: $68,240 per year.
- Growth Trend: Salaries have shifted 28.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $106,480.
- Outlook: The job market for Buyers and Purchasing Agents in Lafayette, LA, is characterized by a local workforce of 220 professionals. With a Location Quotient of 0.4, the concentration of these roles is below the national average, suggesting a less saturated but potentially less robust demand compared to national trends. The presence of 1.266 jobs per 1,000 workers indicates a modest but consistent need for these procurement specialists within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Lafayette, LA earns-14.8%below the national average.
$32.8
$1,312
$5,687
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across the nation, and likely within Lafayette, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for skilled procurement professionals, and evolving industry needs, leading to incremental salary increases year over year.
Buyers and Purchasing Agents Salary Distribution in Lafayette, LA
Salary progression for Buyers and Purchasing Agents in Lafayette, LA, closely mirrors national patterns, with experience playing a pivotal role in compensation. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding accumulated expertise and responsibility within the purchasing domain.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,380 | $19.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,180 | $24.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,870 | $29.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,300 | $41 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $106,480 | $51.2 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$68,240
Gross Pay
Real Wage (Purchasing Power)
$68,240
Adjusted for COL (100)
For professionals considering a move to Lafayette, LA, the average salary of $68,240 aligns perfectly with the local Cost of Living Index, which stands at 100, the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial outlook without the immediate pressure of higher or lower living expenses impacting disposable income.
Job Market Context
220
Total Jobs
1.266
Per 1K Jobs
0.4
Location Quotient
At 0.40x, Lafayette, LA has a notably lower concentration of Buyers and Purchasing Agents jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.4 for Buyers and Purchasing Agents in Lafayette, LA, indicates that this profession is less concentrated locally than the national average. This suggests that while the demand might not be as high as in major metropolitan hubs, the market is less competitive, potentially offering more opportunities for skilled individuals to establish themselves. The lower concentration implies a specialized need within the Lafayette economy rather than a widespread abundance of these roles.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Buyers and Purchasing Agents Salary | $73,210↑ 7% | 56 mi |
| Southwest Louisiana nonmetropolitan area Buyers and Purchasing Agents Salary | $66,000↓ 3% | 67 mi |
| Central Louisiana nonmetropolitan area Buyers and Purchasing Agents Salary | $75,080↑ 10% | 67 mi |
| Northeast Louisiana nonmetropolitan area Buyers and Purchasing Agents Salary | $64,680↓ 5% | 67 mi |
| Lake Charles, LA Buyers and Purchasing Agents Salary | $74,500↑ 9% | 70 mi |
Comparing salaries near Lafayette, LA
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Lafayette, LA?
The median annual salary for a Buyers and Purchasing Agents in Lafayette, LA is $68,240. This typically ranges from $41,380 for entry-level positions to $106,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 14.8% lower than the national median of $80,070.
Is Lafayette, LA a lucrative place for Buyers and Purchasing Agentss?
No, Lafayette, LA is not a particularly lucrative place for Buyers and Purchasing Agents compared to the national average.The average salary of $68,240 is significantly lower than the national average of $80,070, although the cost of living is at the national average, making the nominal salary equivalent in purchasing power.
Is Lafayette, LA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($73,210) and Southwest Louisiana nonmetropolitan area.
How does the cost of living in Lafayette, LA affect the salary?
With a Cost of Living Index of 100, Lafayette's cost of living is exactly at the national average. This means the $68,240 salary offers purchasing power equivalent to the national average, making it neither exceptionally high nor low in real terms.
What is the concentration of Buyers and Purchasing Agents in Lafayette, LA?
The Location Quotient of 0.4 signifies that Buyers and Purchasing Agents are less concentrated in Lafayette, LA, than the national average. This suggests a smaller but potentially less competitive job market for these professionals.
How many Buyers and Purchasing Agents are there in Lafayette, LA?
There are approximately 220 Buyers and Purchasing Agents employed in Lafayette, LA, representing a local workforce of 1.266 per 1,000 workers.
How does experience impact salary for Buyers and Purchasing Agents in Lafayette, LA?
Similar to national trends, experience significantly influences salary. Entry-level positions will earn less, while senior roles with greater responsibility and expertise command higher compensation, with clear percentile gaps reflecting career advancement.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Lafayette, LA area with a job density of 1.266 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 Lafayette, LA
- All Occupations Salary in Lafayette, LA
- Office and Administrative Support Occupations Salary in Lafayette, LA
- Sales and Related Occupations Salary in Lafayette, LA
- Food Preparation and Serving Related Occupations Salary in Lafayette, LA
- Transportation and Material Moving Occupations Salary in Lafayette, LA
- Healthcare Practitioners and Technical Occupations Salary in Lafayette, LA
- Production Occupations Salary in Lafayette, LA
- Management Occupations Salary in Lafayette, LA
- Construction and Extraction Occupations Salary in Lafayette, LA
- Healthcare Support Occupations Salary in Lafayette, LA
- Browse All Jobs in Lafayette, LA →
Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Lafayette, LA