SalaryNode

Average Buyers and Purchasing Agents Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

In Nashville-Davidson--Murfreesboro--Franklin, TN, Buyers and Purchasing Agents earn an average annual salary of $73,820. This figure is slightly below the national average of $80,070, indicating a localized compensation structure influenced by regional economic factors and industry demand within the greater Nashville metropolitan area.

Executive Summary

  • Average Salary: $73,820 per year.
  • Growth Trend: Salaries have shifted 21.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,170.
  • Outlook: The Nashville-Davidson--Murfreesboro--Franklin, TN area supports a robust local workforce of 4,230 Buyers and Purchasing Agents. With a Location Quotient of 1.22, this signifies a higher concentration of these roles compared to the national average, suggesting a healthy and potentially growing demand for procurement professionals in the region.
2024 Market Data

Salary Overview

$73,820

The average Buyers and Purchasing Agents in Nashville-Davidson--Murfreesboro--Franklin, TN earns-7.8%below the national average.

BreakdownBased on 40h/week
Hourly

$35.5

Weekly

$1,420

Monthly

$6,152

Buyers and Purchasing Agents Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Career progression for Buyers and Purchasing Agents in Nashville-Davidson--Murfreesboro--Franklin, TN typically involves significant salary increases with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and specialized skills can command salaries well into the upper percentiles, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,970$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,365$26.6
ManagerOversees team, compliance, and project delivery.50% (Median)$66,190$31.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,275$44.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$115,170$55.4

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$73,820

Gross Pay

Real Wage (Purchasing Power)

$73,820

Adjusted for COL (100)

The average annual salary of $73,820 in Nashville-Davidson--Murfreesboro--Franklin, TN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial environment for professionals considering a move to the area.

Job Market Context

4,230

Total Jobs

3.862

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.22 for Buyers and Purchasing Agents in Nashville-Davidson--Murfreesboro--Franklin, TN indicates that this profession is more concentrated in the area than the national average. This suggests a competitive job market with a notable presence of procurement opportunities, potentially offering more specialized roles and a dynamic environment for professionals.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Buyers and Purchasing Agents in Nashville-Davidson--Murfreesboro--Franklin, TN is $73,820. This typically ranges from $42,970 for entry-level positions to $115,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 7.8% lower than the national median of $80,070.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Buyers and Purchasing Agentss?

Yes, it offers competitive compensation relative to its cost of living.While the average salary of $73,820 is slightly below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The higher concentration of these roles (LQ 1.22) also suggests a robust job market.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include East Tennessee nonmetropolitan area ($64,580) and South Central Tennessee nonmetropolitan area.

How does the Nashville salary compare to the national average?

The average salary for Buyers and Purchasing Agents in Nashville is $73,820, which is approximately 7.7% lower than the national average of $80,070.

What is the concentration of Buyers and Purchasing Agents in Nashville?

Nashville has a higher concentration of Buyers and Purchasing Agents than the national average, indicated by a Location Quotient of 1.22.

How does the cost of living in Nashville affect salary perception?

With a Cost of Living Index of 100, Nashville's cost of living is exactly at the national average. This means the $73,820 salary offers purchasing power equivalent to the national average.

What does the job market look like for Buyers and Purchasing Agents in Nashville?

The job market appears strong, with 4,230 local workers in this role and a concentration suggesting consistent demand and opportunity within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,230 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 3.862 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.