Average Buyers and Purchasing Agents Salary in Lexington Park, MD
Buyers and Purchasing Agents in Lexington Park, MD, command an impressive average annual salary of $110,280, significantly outpacing the national average of $80,070. This substantial difference is largely driven by the specialized nature of procurement needs within the region, likely influenced by defense and aerospace industries, which often require highly skilled professionals for complex supply chain management.
Executive Summary
- Average Salary: $110,280 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,550.
- Outlook: The job market for Buyers and Purchasing Agents in Lexington Park, MD, appears robust, indicated by a total local workforce of 790 individuals in this role. The Location Quotient of 3.51 suggests a concentration of these professionals that is more than triple the national average, signaling strong demand and a potentially active hiring environment within the area.
Salary Overview
The average Buyers and Purchasing Agents in Lexington Park, MD earns+37.7%above the national average.
$53
$2,121
$9,190
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in Lexington Park, MD, have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing complexity in supply chains, and the demand for specialized procurement expertise likely contribute to an upward trajectory in compensation for these roles.
Buyers and Purchasing Agents Salary Distribution in Lexington Park, MD
Career progression for Buyers and Purchasing Agents in Lexington Park, MD, is typically marked by significant salary increases. Entry-level positions may start closer to the lower end of the pay scale, but with experience, individuals can advance to senior roles commanding substantially higher compensation. The percentile gaps in salary distributions clearly signify this career trajectory, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,140 | $29.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,710 | $39.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $105,810 | $50.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $137,850 | $66.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,550 | $78.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$110,280
Gross Pay
Real Wage (Purchasing Power)
$110,280
Adjusted for COL (100)
The nominal average annual salary of $110,280 in Lexington Park, MD, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Buyer or Purchasing Agent's salary in this area is equivalent to the national standard, offering a stable financial standing without the added pressure of higher living expenses.
Job Market Context
790
Total Jobs
11.089
Per 1K Jobs
3.51
Location Quotient
Lexington Park, MD has 3.5x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 3.51, Lexington Park, MD, exhibits a highly concentrated market for Buyers and Purchasing Agents. This indicates that the demand for these professionals is significantly higher relative to the national average, suggesting a competitive landscape where employers may need to offer attractive compensation and benefits to secure top talent.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Salisbury, MD Buyers and Purchasing Agents Salary | $68,970↓ 37% | 47 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Buyers and Purchasing Agents Salary | $108,160↓ 2% | 55 mi |
| Maryland nonmetropolitan area Buyers and Purchasing Agents Salary | $68,800↓ 38% | 59 mi |
| Baltimore-Columbia-Towson, MD Buyers and Purchasing Agents Salary | $90,500↓ 18% | 72 mi |
| Richmond, VA Buyers and Purchasing Agents Salary | $83,950↓ 24% | 75 mi |
Comparing salaries near Lexington Park, MD
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Lexington Park, MD?
The median annual salary for a Buyers and Purchasing Agents in Lexington Park, MD is $110,280. This typically ranges from $61,140 for entry-level positions to $162,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 37.7% higher than the national median of $80,070.
Is Lexington Park, MD a lucrative place for Buyers and Purchasing Agents?
Yes, it is a highly lucrative location for Buyers and Purchasing Agents.The average salary of $110,280 is substantially higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Lexington Park, MD a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Salisbury, MD ($68,970) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the concentration of Buyers and Purchasing Agents in Lexington Park compare to the national average?
Lexington Park, MD, has a concentration of Buyers and Purchasing Agents that is 3.51 times the national average, as indicated by its Location Quotient.
What is the total number of Buyers and Purchasing Agents employed in Lexington Park, MD?
There are approximately 790 Buyers and Purchasing Agents employed in Lexington Park, MD.
Does the cost of living in Lexington Park, MD affect the value of the salary?
No, the cost of living in Lexington Park, MD, is exactly at the national average (100), meaning the high salary translates directly to strong purchasing power.
What does a high Location Quotient signify for this profession in Lexington Park, MD?
A high Location Quotient (3.51) signifies a strong regional demand and a specialized market for Buyers and Purchasing Agents, indicating a potentially competitive job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Lexington Park, MD area with a job density of 11.089 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 Lexington Park, MD