Average Buyers and Purchasing Agents Salary in Louisville/Jefferson County, KY-IN
In Louisville/Jefferson County, KY-IN, Buyers and Purchasing Agents earn an average annual salary of $69,880. This figure is notably below the national average of $80,070, suggesting that local market dynamics, industry concentration, and potentially regional economic factors influence compensation for these roles. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $69,880 per year.
- Growth Trend: Salaries have shifted 9.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,640.
- Outlook: With a local workforce of 1,860 Buyers and Purchasing Agents, the Louisville/Jefferson County area demonstrates a stable, albeit not exceptionally concentrated, presence in this sector. The Location Quotient of 0.86 indicates a slightly lower concentration compared to the national average, suggesting that while opportunities exist, the market is not saturated. This balance points to a steady demand for skilled professionals within the region's existing industrial and commercial landscape.
Salary Overview
The average Buyers and Purchasing Agents in Louisville/Jefferson County, KY-IN earns-12.7%below the national average.
$33.6
$1,344
$5,823
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 Louisville/Jefferson County, KY-IN have experienced gradual growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving industry demands typically drive incremental increases in compensation for procurement professionals, ensuring their pay keeps pace with the cost of goods and services.
Buyers and Purchasing Agents Salary Distribution in Louisville/Jefferson County, KY-IN
Career progression for Buyers and Purchasing Agents in Louisville/Jefferson County, KY-IN typically correlates with increased earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The observable salary gaps between different experience levels underscore the value placed on expertise and a proven track record in procurement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,120 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,410 | $25.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,640 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,350 | $42 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,640 | $50.3 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$69,880
Gross Pay
Real Wage (Purchasing Power)
$69,880
Adjusted for COL (100)
The average annual salary of $69,880 in Louisville/Jefferson County, KY-IN aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of the local salary is equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective. Consumers can expect their income to cover essential expenses and discretionary spending at a rate comparable to the average American.
Job Market Context
1,860
Total Jobs
2.708
Per 1K Jobs
0.86
Location Quotient
Louisville/Jefferson County, KY-IN has 0.86x 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.
The Location Quotient of 0.86 for Buyers and Purchasing Agents in Louisville/Jefferson County, KY-IN suggests a market that is slightly less concentrated than the national average. This implies that while the profession is present and necessary within the local economy, it is not a dominant industry sector. The job market is likely stable, with consistent opportunities available for qualified candidates without the intense competition often seen in highly concentrated areas.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Buyers and Purchasing Agents Salary | $68,440↓ 2% | 39 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↑ 1% | 67 mi |
| Central Kentucky nonmetropolitan area Buyers and Purchasing Agents Salary | $64,710↓ 7% | 72 mi |
| South Central Kentucky nonmetropolitan area Buyers and Purchasing Agents Salary | $59,750↓ 14% | 72 mi |
| West Kentucky nonmetropolitan area Buyers and Purchasing Agents Salary | $63,680↓ 9% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Buyers and Purchasing Agents in Louisville/Jefferson County, KY-IN is $69,880. This typically ranges from $41,120 for entry-level positions to $104,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 12.7% lower than the national median of $80,070.
Is Louisville/Jefferson County, KY-IN a lucrative place for Buyers and Purchasing Agentss?
No, but financially neutral.The average salary of $69,880 is below the national average, but the cost of living also matches the national average, making the purchasing power equivalent.
Is Louisville/Jefferson County, KY-IN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($68,440) and Columbus, IN.
How does the Louisville salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Louisville/Jefferson County, KY-IN is $69,880, which is lower than the national average of $80,070.
What is the cost of living in Louisville/Jefferson County, KY-IN?
The cost of living in Louisville/Jefferson County, KY-IN is indexed at 100, which is exactly the national average.
How concentrated is the market for Buyers and Purchasing Agents in Louisville?
The market concentration, measured by the Location Quotient, is 0.86, indicating it is slightly less concentrated than the national average.
How many Buyers and Purchasing Agents work in Louisville/Jefferson County, KY-IN?
There are approximately 1,860 Buyers and Purchasing Agents employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,860 employees in the Louisville/Jefferson County, KY-IN area with a job density of 2.708 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 Louisville/Jefferson County, KY-IN