Average Buyers and Purchasing Agents Salary in Las Vegas-Henderson-North Las Vegas, NV
In the Las Vegas-Henderson-North Las Vegas, NV metropolitan area, Buyers and Purchasing Agents earn an average annual salary of $73,020. This figure is notably below the national average of $80,070, suggesting that local market dynamics and industry-specific demand play a significant role in compensation within this region. Factors such as the concentration of specific industries and the overall economic landscape of Southern Nevada likely influence these pay scales.
Executive Summary
- Average Salary: $73,020 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,980.
- Outlook: The local job market for Buyers and Purchasing Agents in Las Vegas-Henderson-North Las Vegas, NV, comprises approximately 1,740 professionals. With a Location Quotient of 0.49, the concentration of these roles is less than half the national average, indicating a less specialized market. While the absolute number of workers suggests a stable presence, the lower concentration implies that demand may not be exceptionally high compared to other regions, making it a moderately competitive landscape for job seekers.
Salary Overview
The average Buyers and Purchasing Agents in Las Vegas-Henderson-North Las Vegas, NV earns-8.8%below the national average.
$35.1
$1,404
$6,085
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this precise metropolitan area isn't provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Las Vegas have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and shifts in supply chain management practices likely contributed to increased demand and, consequently, upward pressure on wages, although regional economic performance would dictate the pace of this increase.
Buyers and Purchasing Agents Salary Distribution in Las Vegas-Henderson-North Las Vegas, NV
Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in negotiation, vendor management, and strategic sourcing can command salaries well above the average. The percentile gaps in salary distribution within the Las Vegas area would signify these opportunities for advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,980 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,765 | $26.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,060 | $33.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,275 | $43.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,980 | $49 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$73,020
Gross Pay
Real Wage (Purchasing Power)
$73,020
Adjusted for COL (100)
The nominal average salary of $73,020 in Las Vegas-Henderson-North Las Vegas, NV, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is comparable to the national average; what might cost $100 nationally would cost $100 locally. Therefore, while the salary is below the national average for the role, the cost of living does not exacerbate the difference, offering a neutral financial environment relative to the rest of the country.
Job Market Context
1,740
Total Jobs
1.555
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Las Vegas-Henderson-North Las Vegas, NV 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 (LQ) of 0.49 for Buyers and Purchasing Agents in Las Vegas-Henderson-North Las Vegas, NV, indicates that this profession is less concentrated in the region compared to the national average. An LQ below 1.0 suggests that the industry is not a dominant sector locally, meaning there are fewer job opportunities relative to the size of the national market. This implies a less specialized and potentially more competitive job market for these professionals, where opportunities might be more scattered across various industries rather than concentrated in a few key sectors.
Nearby Job Markets
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Las Vegas-Henderson-North Las Vegas, NV?
The median annual salary for a Buyers and Purchasing Agents in Las Vegas-Henderson-North Las Vegas, NV is $73,020. This typically ranges from $46,980 for entry-level positions to $101,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Las Vegas-Henderson-North Las Vegas, NV is 8.8% lower than the national median of $80,070.
Is Las Vegas-Henderson-North Las Vegas, NV a lucrative place for Buyers and Purchasing Agentss?
No, not particularly lucrative compared to the national average.The average salary of $73,020 is significantly lower than the national average of $80,070, and the cost of living is at the national average, offering no compensatory advantage.
Is Las Vegas-Henderson-North Las Vegas, NV a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Las Vegas-Henderson-North Las Vegas, NV is 100. While higher than average, this often correlates with higher wages.
How does the Las Vegas job market compare nationally for Buyers and Purchasing Agents?
The Las Vegas-Henderson-North Las Vegas, NV market has a lower concentration of Buyers and Purchasing Agents compared to the national average, as indicated by a Location Quotient of 0.49.
What is the average salary for a Buyer or Purchasing Agent in Las Vegas?
The average annual salary for Buyers and Purchasing Agents in the Las Vegas-Henderson-North Las Vegas, NV area is $73,020.
Does the cost of living in Las Vegas affect the salary?
With a Cost of Living Index of 100, the Las Vegas area is at the national average, meaning the $73,020 salary has the same purchasing power as the national average salary.
How many Buyers and Purchasing Agents are there in Las Vegas?
There are approximately 1,740 Buyers and Purchasing Agents employed in the Las Vegas-Henderson-North Las Vegas, NV metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,740 employees in the Las Vegas-Henderson-North Las Vegas, NV area with a job density of 1.555 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 Las Vegas-Henderson-North Las Vegas, NV