Average Buyers and Purchasing Agents Salary in Lynchburg, VA
Buyers and Purchasing Agents in Lynchburg, VA, earn an average annual salary of $70,090. 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 levels in this Virginia city.
Executive Summary
- Average Salary: $70,090 per year.
- Growth Trend: Salaries have shifted 5.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,570.
- Outlook: The local job market for Buyers and Purchasing Agents in Lynchburg, VA, appears stable, with a total workforce of 360 individuals in this role. The Location Quotient of 1.18 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a steady demand that aligns with or slightly exceeds national trends for this specialized occupation.
Salary Overview
The average Buyers and Purchasing Agents in Lynchburg, VA earns-12.5%below the national average.
$33.7
$1,348
$5,841
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 Lynchburg, VA, have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical for roles requiring specialized procurement skills, reflecting increasing responsibilities and the evolving demands of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Lynchburg, VA
Career progression for Buyers and Purchasing Agents typically involves a significant salary increase from entry-level to senior positions. Junior roles might start closer to the lower percentiles, while seasoned professionals with extensive experience in negotiation, vendor management, and strategic sourcing can command salaries in the upper percentiles, reflecting their accumulated expertise and value to an organization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,330 | $19.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,568 | $25.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,680 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,613 | $42.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,570 | $50.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$70,090
Gross Pay
Real Wage (Purchasing Power)
$70,090
Adjusted for COL (100)
With an average annual salary of $70,090 and a Cost of Living Index of 100 (which is exactly the national average), the purchasing power for Buyers and Purchasing Agents in Lynchburg, VA, is aligned with the national standard. This means that the nominal salary translates directly to typical living expenses, offering a stable financial outlook for those residing in the area.
Job Market Context
360
Total Jobs
3.714
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Lynchburg, VA has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
The Location Quotient of 1.18 for Buyers and Purchasing Agents in Lynchburg, VA, signifies a market where this profession is slightly more prevalent than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market with opportunities for skilled professionals, indicating a demand that supports the local concentration of talent in procurement roles.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Roanoke, VA Buyers and Purchasing Agents Salary | $64,980↓ 7% | 43 mi |
| Staunton-Stuarts Draft, VA Buyers and Purchasing Agents Salary | $66,310↓ 5% | 53 mi |
| Charlottesville, VA Buyers and Purchasing Agents Salary | $79,070↑ 13% | 59 mi |
| Southside Virginia nonmetropolitan area Buyers and Purchasing Agents Salary | $67,170↓ 4% | 61 mi |
| Northern West Virginia nonmetropolitan area Buyers and Purchasing Agents Salary | $75,070↑ 7% | 61 mi |
Comparing salaries near Lynchburg, VA
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Lynchburg, VA?
The median annual salary for a Buyers and Purchasing Agents in Lynchburg, VA is $70,090. This typically ranges from $40,330 for entry-level positions to $105,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lynchburg, VA is 12.5% lower than the national median of $80,070.
Is Lynchburg, VA a lucrative place for Buyers and Purchasing Agents?
No, not more lucrative than the national average.While the average salary of $70,090 is substantial, it falls below the national average of $80,070. However, the cost of living being at the national average means the salary offers standard purchasing power locally.
Is Lynchburg, VA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Lynchburg, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lynchburg, VA?
Some top paying nearby cities include Roanoke, VA ($64,980) and Staunton-Stuarts Draft, VA.
How does Lynchburg's salary for Buyers and Purchasing Agents compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Lynchburg, VA, is $70,090, which is approximately $10,000 less than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Lynchburg, VA?
Lynchburg, VA has a Location Quotient of 1.18 for Buyers and Purchasing Agents, indicating that the profession is slightly more concentrated in this area compared to the national average.
How does the cost of living in Lynchburg, VA affect salary perception?
Lynchburg, VA has a Cost of Living Index of 100, which is the national average. This means the local salary of $70,090 provides purchasing power equivalent to the national standard.
What does the job market size suggest for Buyers and Purchasing Agents in Lynchburg?
With 3.714 jobs per 1,000 workers and a total local workforce of 360, the market size indicates a consistent presence and demand for Buyers and Purchasing Agents in Lynchburg, VA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Lynchburg, VA area with a job density of 3.714 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 Lynchburg, VA