Average Buyers and Purchasing Agents Salary in Lincoln, NE
In Lincoln, NE, Buyers and Purchasing Agents earn an average annual salary of $68,530. This figure is notably below the national average of $80,070, reflecting regional economic factors and demand specific to the Nebraska market. While the nominal salary is lower, the local cost of living provides a crucial counterbalance to this compensation.
Executive Summary
- Average Salary: $68,530 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $93,500.
- Outlook: With a local workforce of 460 professionals in this role and a Location Quotient of 0.81, Lincoln, NE, presents a stable yet not exceptionally concentrated market for Buyers and Purchasing Agents. The number of jobs per 1,000 workers stands at 2.55, indicating a consistent, albeit moderate, demand for these procurement specialists within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Lincoln, NE earns-14.4%below the national average.
$33
$1,318
$5,711
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents in Lincoln, NE, have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is likely driven by inflation, increased demand for skilled procurement professionals, and evolving supply chain complexities.
Buyers and Purchasing Agents Salary Distribution in Lincoln, NE
Salary progression for Buyers and Purchasing Agents in Lincoln, NE, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and proven negotiation skills can command salaries in the upper percentiles, reflecting a substantial career growth potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,520 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $51,398 | $24.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,140 | $30.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $85,663 | $41.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $93,500 | $45 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$68,530
Gross Pay
Real Wage (Purchasing Power)
$68,530
Adjusted for COL (100)
The average salary of $68,530 in Lincoln, NE, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer's salary in Lincoln is equivalent to the national average, suggesting that while the nominal income is lower, the cost of daily expenses does not present a disadvantage.
Job Market Context
460
Total Jobs
2.55
Per 1K Jobs
0.81
Location Quotient
Lincoln, NE has 0.81x the national average concentration of Buyers and Purchasing Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.81 indicates that Buyers and Purchasing Agents are slightly less concentrated in Lincoln, NE, compared to the national average. This suggests a moderately competitive job market where demand is present but not overwhelmingly saturated, offering potential opportunities for skilled professionals without intense competition.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Omaha, NE-IA Buyers and Purchasing Agents Salary | $78,180↑ 14% | 45 mi |
| South Nebraska nonmetropolitan area Buyers and Purchasing Agents Salary | $69,040↑ 1% | 86 mi |
| Northeast Nebraska nonmetropolitan area Buyers and Purchasing Agents Salary | $70,530↑ 3% | 86 mi |
| Northwest Nebraska nonmetropolitan area Buyers and Purchasing Agents Salary | $65,040↓ 5% | 86 mi |
| Grand Island, NE Buyers and Purchasing Agents Salary | $66,490↓ 3% | 88 mi |
Comparing salaries near Lincoln, NE
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Lincoln, NE?
The median annual salary for a Buyers and Purchasing Agents in Lincoln, NE is $68,530. This typically ranges from $48,520 for entry-level positions to $93,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lincoln, NE is 14.4% lower than the national median of $80,070.
Is Lincoln, NE a lucrative place for Buyers and Purchasing Agents?
No, not exceptionally lucrative compared to the national average.The average salary of $68,530 is below the national average of $80,070. However, the cost of living matching the national average means the purchasing power is equivalent.
Is Lincoln, NE a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Lincoln, NE is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lincoln, NE?
Some top paying nearby cities include Omaha, NE-IA ($78,180) and South Nebraska nonmetropolitan area.
How does experience impact a Buyer's salary in Lincoln, NE?
Experience is a primary driver of salary growth for Buyers and Purchasing Agents in Lincoln, NE. Entry-level roles offer lower compensation, while senior positions with specialized skills and a track record of successful negotiations can significantly increase earning potential, moving professionals into higher salary brackets.
What is the job market like for Buyers in Lincoln, NE?
The job market in Lincoln, NE, for Buyers and Purchasing Agents is stable with a moderate level of demand. The total local workforce of 460 and a Location Quotient of 0.81 suggest consistent opportunities without extreme competition.
Does the cost of living affect the value of a Buyer's salary in Lincoln, NE?
No, the cost of living in Lincoln, NE, is at the national average (100). This means the $68,530 salary has the same purchasing power as the national average salary, neutralizing any disadvantage from the lower nominal income.
How does Lincoln, NE compare to the national average for Buyer salaries?
Lincoln, NE, offers an average salary of $68,530 for Buyers and Purchasing Agents, which is below the national average of $80,070. However, the cost of living is equivalent to the national average, making the effective value of the salary comparable.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Lincoln, NE area with a job density of 2.55 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 Lincoln, NE