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Average Buyers and Purchasing Agents Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Buyers and Purchasing Agents in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area command an impressive average annual salary of $90,870. This figure significantly surpasses the national average of $80,070, indicating a strong local demand and potentially higher cost structures influencing compensation in this dynamic region.

Executive Summary

  • Average Salary: $90,870 per year.
  • Growth Trend: Salaries have shifted 21.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $135,180.
  • Outlook: With a substantial local workforce of 9,490 individuals in this role and a Location Quotient of 1.56, the Minneapolis-St. Paul-Bloomington area demonstrates a robust and concentrated job market for Buyers and Purchasing Agents. This elevated concentration suggests a higher demand relative to the national average, signaling a healthy and active employment landscape for professionals in this field.
2024 Market Data

Salary Overview

$90,870

The average Buyers and Purchasing Agents in Minneapolis-St. Paul-Bloomington, MN-WI earns+13.5%above the national average.

BreakdownBased on 40h/week
Hourly

$43.7

Weekly

$1,748

Monthly

$7,573

Buyers and Purchasing Agents Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Salary progression for Buyers and Purchasing Agents typically scales with experience. Entry-level positions may start at lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. The significant gaps between salary percentiles highlight clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,540$27.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,153$32.8
ManagerOversees team, compliance, and project delivery.50% (Median)$83,570$40.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$113,588$54.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$135,180$65

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$90,870

Gross Pay

Real Wage (Purchasing Power)

$90,870

Adjusted for COL (100)

The average annual salary of $90,870 in Minneapolis-St. Paul-Bloomington, MN-WI aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively on par with the national standard, offering a stable financial environment for residents.

Job Market Context

9,490

Total Jobs

4.912

Per 1K Jobs

1.56

Location Quotient

Major Hub

Minneapolis-St. Paul-Bloomington, MN-WI has 1.6x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.56 signifies that Buyers and Purchasing Agents are 56% more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This indicates a highly specialized and potentially competitive market where employers actively seek talent with relevant expertise, offering a favorable environment for skilled professionals.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

CitySalaryDist.
Northwest Minnesota nonmetropolitan area Buyers and Purchasing Agents Salary$71,830↓ 21%58 mi
Southeast Minnesota nonmetropolitan area Buyers and Purchasing Agents Salary$78,610↓ 13%58 mi
Southwest Minnesota nonmetropolitan area Buyers and Purchasing Agents Salary$74,720↓ 18%58 mi
Northeast Minnesota nonmetropolitan area Buyers and Purchasing Agents Salary$72,570↓ 20%58 mi
St. Cloud, MN Buyers and Purchasing Agents Salary$73,750↓ 19%59 mi

Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Buyers and Purchasing Agents in Minneapolis-St. Paul-Bloomington, MN-WI is $90,870. This typically ranges from $57,540 for entry-level positions to $135,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 13.5% higher than the national median of $80,070.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Buyers and Purchasing Agentss?

Yes, it is a lucrative location.The average salary of $90,870 is notably higher than the national average, and the cost of living is on par with the national average, suggesting strong purchasing power for these professionals.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($71,830) and Southeast Minnesota nonmetropolitan area.

What is the total number of Buyers and Purchasing Agents in Minneapolis-St. Paul-Bloomington, MN-WI?

The Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area employs approximately 9,490 Buyers and Purchasing Agents.

How does the local job market compare to the national average for this role?

The local job market is more concentrated than the national average, with a Location Quotient of 1.56, indicating a higher demand for Buyers and Purchasing Agents relative to other occupations.

What does a Location Quotient of 1.56 mean for job seekers?

A Location Quotient of 1.56 suggests that there are more job opportunities for Buyers and Purchasing Agents in this area compared to the national average, making it a potentially favorable market for job seekers.

How does the cost of living in Minneapolis-St. Paul-Bloomington, MN-WI affect salary expectations?

With a Cost of Living Index of 100, the cost of living is average nationally. Therefore, the higher average salary of $90,870 translates to good real wages and purchasing power for Buyers and Purchasing Agents in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,490 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 4.912 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Minneapolis-St. Paul-Bloomington, MN-WI

Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI