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Average Buyers and Purchasing Agents Salary in Mid Michigan nonmetropolitan area

In the Mid Michigan nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $64,530. This figure is notably below the national average of $80,070, reflecting the unique economic landscape and demand drivers specific to this region. Localized market dynamics, including industry concentration and the overall economic activity, play a significant role in shaping compensation for these essential procurement professionals.

Executive Summary

  • Average Salary: $64,530 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,210.
  • Outlook: With a local workforce of 530 Buyers and Purchasing Agents, the Mid Michigan nonmetropolitan area demonstrates a stable, albeit not expansive, presence of this profession. The location quotient of 1.1 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady demand that aligns with the region's industrial and commercial needs.
2024 Market Data

Salary Overview

$64,530

The average Buyers and Purchasing Agents in Mid Michigan nonmetropolitan area earns-19.4%below the national average.

BreakdownBased on 40h/week
Hourly

$31

Weekly

$1,241

Monthly

$5,378

Buyers and Purchasing Agents Salary Distribution in Mid Michigan nonmetropolitan area

Career progression for Buyers and Purchasing Agents in Mid Michigan typically involves a salary increase tied to experience and responsibility. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, demanding greater expertise in negotiation, strategic sourcing, and vendor management, command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,180$17.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,398$23.3
ManagerOversees team, compliance, and project delivery.50% (Median)$60,310$29
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$80,663$38.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$95,210$45.8

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$64,530

Gross Pay

Real Wage (Purchasing Power)

$64,530

Adjusted for COL (100)

The nominal average salary of $64,530 in Mid Michigan aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Buyer and Purchasing Agent's salary in this region is equivalent to the national average, offering a stable financial footing without the premium often associated with higher cost-of-living areas.

Job Market Context

530

Total Jobs

3.471

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Mid Michigan nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

The location quotient of 1.1 for Buyers and Purchasing Agents in the Mid Michigan nonmetropolitan area indicates a slightly higher concentration of these roles than the national average. This suggests a competitive yet stable job market where demand is consistent with the available talent pool, offering professionals a solid footing without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Mid Michigan nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Mid Michigan nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Mid Michigan nonmetropolitan area is $64,530. This typically ranges from $37,180 for entry-level positions to $95,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mid Michigan nonmetropolitan area is 19.4% lower than the national median of $80,070.

Is Mid Michigan nonmetropolitan area a lucrative place for Buyers and Purchasing Agents?

No, not exceptionally lucrative compared to national averages.While the average salary of $64,530 is stable due to a national average cost of living, it falls significantly short of the national average salary of $80,070.

Is Mid Michigan nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Mid Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mid Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($79,420) and Saginaw, MI.

How does the local workforce size affect job prospects?

A local workforce of 530 indicates a moderate-sized professional community, suggesting a consistent but not rapidly expanding job market for Buyers and Purchasing Agents in the region.

What does a Location Quotient of 1.1 mean for this role?

A location quotient of 1.1 signifies that Buyers and Purchasing Agents are slightly more concentrated in Mid Michigan than the national average, implying a steady demand relative to the workforce size.

How does the cost of living impact the salary?

With a cost of living index of 100, the $64,530 salary offers purchasing power equivalent to the national average, making it a stable financial proposition.

Are there significant salary differences based on experience?

Yes, experience plays a crucial role, with entry-level positions offering lower compensation and senior roles commanding higher salaries, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Mid Michigan nonmetropolitan area area with a job density of 3.471 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.