Average Buyers and Purchasing Agents Salary in Maryland
Buyers and Purchasing Agents in Maryland earn an impressive average annual salary of $94,420, significantly exceeding the national average of $80,070. This elevated compensation reflects Maryland's robust economic landscape and the specialized demand for procurement professionals within its diverse industries, driving higher pay rates for skilled individuals in the state.
Executive Summary
- Average Salary: $94,420 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $142,880.
- Outlook: With a total local workforce of 9,270 individuals in this role, Maryland demonstrates a substantial presence of Buyers and Purchasing Agents. The Location Quotient of 1.07 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing demand for their expertise within the state's economy.
Salary Overview
The average Buyers and Purchasing Agents in Maryland earns+17.9%above the national average.
$45.4
$1,816
$7,868
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Maryland have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for supply chain management expertise, and the evolving complexity of procurement processes likely contribute to this upward salary trajectory.
Buyers and Purchasing Agents Salary Distribution in Maryland
Career progression for Buyers and Purchasing Agents in Maryland typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting their increased value and responsibility within organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,250 | $25.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,815 | $34 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,250 | $42.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,025 | $56.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $142,880 | $68.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$94,420
Gross Pay
Real Wage (Purchasing Power)
$75,476
Adjusted for COL (125.1)
While the average salary of $94,420 in Maryland is attractive, the local Cost of Living Index stands at 125.1, meaning expenses are about 25% higher than the national average. This suggests that while the nominal income is higher, the purchasing power may be closer to, or even slightly below, what a similar salary would offer in a more affordable region.
Job Market Context
9,270
Total Jobs
3.377
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Maryland has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
Maryland's Location Quotient of 1.07 signifies a market where Buyers and Purchasing Agents are slightly more concentrated than the national average. This indicates a healthy, competitive job market with a good number of opportunities, suggesting that employers are actively seeking these professionals, but also that there is a solid pool of talent available.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Buyers and Purchasing Agents Salary | $108,160↑ 15% | 17 mi |
| Baltimore-Columbia-Towson, MD Buyers and Purchasing Agents Salary | $90,500↓ 4% | 19 mi |
| Gettysburg, PA Buyers and Purchasing Agents Salary | $74,640↓ 21% | 58 mi |
| Lexington Park, MD Buyers and Purchasing Agents Salary | $110,280↑ 17% | 59 mi |
| York-Hanover, PA Buyers and Purchasing Agents Salary | $77,000↓ 18% | 62 mi |
Comparing salaries near Maryland
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Maryland?
The median annual salary for a Buyers and Purchasing Agents in Maryland is $94,420. This typically ranges from $52,250 for entry-level positions to $142,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Maryland is 17.9% higher than the national median of $80,070.
Is Maryland a lucrative place for Buyers and Purchasing Agentss?
Yes, Maryland offers a lucrative environment for Buyers and Purchasing Agents.The average salary of $94,420 is substantially higher than the national average, and the slightly above-average concentration of these roles suggests strong demand.
Is Maryland a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Maryland?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($108,160) and Baltimore-Columbia-Towson, MD.
How does Maryland's salary compare to the national average for this role?
Buyers and Purchasing Agents in Maryland earn an average of $94,420 annually, which is approximately $14,350 more than the national average salary of $80,070.
What is the concentration of Buyers and Purchasing Agents in Maryland?
Maryland has a Location Quotient of 1.07 for Buyers and Purchasing Agents, indicating that the profession is slightly more concentrated in the state compared to the national average.
How does the cost of living affect the salary in Maryland?
With a Cost of Living Index of 125.1, Maryland is significantly more expensive than the national average. This means that the higher nominal salary of $94,420 may not translate to proportionally higher disposable income.
What is the total number of Buyers and Purchasing Agents in Maryland?
There are approximately 9,270 Buyers and Purchasing Agents employed in Maryland.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,270 employees in the Maryland area with a job density of 3.377 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 Maryland