Average Buyers and Purchasing Agents Salary in New Haven, CT
In New Haven, CT, Buyers and Purchasing Agents earn an average annual salary of $79,180. This figure is slightly below the national average of $80,070, indicating a localized market dynamic. Factors such as regional industry demand and the specific economic landscape of New Haven contribute to this compensation.
Executive Summary
- Average Salary: $79,180 per year.
- Growth Trend: Salaries have shifted 14.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $109,790.
- Outlook: With a local workforce of 760 Buyers and Purchasing Agents, New Haven presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.85 suggests that while the role is present, it's not disproportionately dominant compared to national employment patterns, implying a steady but not booming demand.
Salary Overview
The average Buyers and Purchasing Agents in New Haven, CT earns-1.1%below the national average.
$38.1
$1,523
$6,598
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for New Haven is not provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in the area have experienced growth over the past four years, mirroring national trends. Economic shifts, inflation, and evolving supply chain complexities likely contribute to upward pressure on compensation for skilled professionals in this field.
Buyers and Purchasing Agents Salary Distribution in New Haven, CT
Career progression for Buyers and Purchasing Agents in New Haven typically correlates with increased earning potential. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher, often reaching into the upper percentiles, reflecting a clear career trajectory and value addition.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,810 | $24.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,385 | $28.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,990 | $36.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,975 | $47.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $109,790 | $52.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$79,180
Gross Pay
Real Wage (Purchasing Power)
$79,180
Adjusted for COL (100)
The average salary of $79,180 in New Haven aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that relocating professionals will find their income stretches as far as it would elsewhere in the country.
Job Market Context
760
Total Jobs
2.67
Per 1K Jobs
0.85
Location Quotient
New Haven, CT has 0.85x the national average concentration of Buyers and Purchasing Agents jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.85 for Buyers and Purchasing Agents in New Haven indicates that this profession is slightly less concentrated than the national average. This suggests a moderately competitive market where opportunities exist, but the sheer volume of roles may not be as high as in more specialized hubs, requiring a strategic approach to job searching.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT Buyers and Purchasing Agents Salary | $88,660↑ 12% | 16 mi |
| Waterbury-Shelton, CT Buyers and Purchasing Agents Salary | $78,880↓ 0% | 18 mi |
| Connecticut nonmetropolitan area Buyers and Purchasing Agents Salary | $75,980↓ 4% | 22 mi |
| Hartford-West Hartford-East Hartford, CT Buyers and Purchasing Agents Salary | $84,310↑ 6% | 34 mi |
| Norwich-New London-Willimantic, CT Buyers and Purchasing Agents Salary | $85,520↑ 8% | 46 mi |
Comparing salaries near New Haven, CT
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in New Haven, CT?
The median annual salary for a Buyers and Purchasing Agents in New Haven, CT is $79,180. This typically ranges from $50,810 for entry-level positions to $109,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 1.1% lower than the national median of $80,070.
Is New Haven, CT a lucrative place for Buyers and Purchasing Agents?
No, it is slightly below the national average.Buyers and Purchasing Agents in New Haven earn an average of $79,180, which is marginally less than the national average of $80,070. However, the cost of living is also at the national average, making the purchasing power comparable.
Is New Haven, CT a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($88,660) and Waterbury-Shelton, CT.
What is the average salary for Buyers and Purchasing Agents in New Haven, CT?
The average annual salary for Buyers and Purchasing Agents in New Haven, CT is $79,180.
How does New Haven's salary compare to the national average?
The average salary in New Haven ($79,180) is slightly lower than the national average ($80,070) for Buyers and Purchasing Agents.
What is the Cost of Living Index in New Haven, CT?
New Haven, CT has a Cost of Living Index of 100, which is equivalent to the national average.
How concentrated is the job market for Buyers and Purchasing Agents in New Haven?
The job market for Buyers and Purchasing Agents in New Haven has a Location Quotient of 0.85, indicating it is slightly less concentrated than the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the New Haven, CT area with a job density of 2.67 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 New Haven, CT