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Average Buyers and Purchasing Agents Salary in New York

Buyers and Purchasing Agents in New York earn an impressive average annual salary of $86,270, significantly surpassing the national average of $80,070. This elevated compensation is largely driven by New York's dynamic economic landscape and the higher operational costs associated with conducting business in a major metropolitan and industrial hub.

Executive Summary

  • Average Salary: $86,270 per year.
  • Growth Trend: Salaries have shifted 8.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,820.
  • Outlook: With a substantial local workforce of 31,440 individuals in this role and a Location Quotient of 1.04, New York demonstrates a robust and slightly above-average concentration of Buyers and Purchasing Agents. This indicates a stable demand for professionals in this field, suggesting a healthy job market with consistent opportunities for skilled individuals within the state.
2024 Market Data

Salary Overview

$86,270

The average Buyers and Purchasing Agents in New York earns+7.7%above the national average.

BreakdownBased on 40h/week
Hourly

$41.5

Weekly

$1,659

Monthly

$7,189

Buyers and Purchasing Agents Salary Distribution in New York

Salary progression for Buyers and Purchasing Agents in New York typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive negotiation skills and strategic sourcing expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior roles clearly signifies substantial career progression and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,990$23.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,703$31.1
ManagerOversees team, compliance, and project delivery.50% (Median)$79,040$38
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,838$51.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$132,820$63.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$86,270

Gross Pay

Real Wage (Purchasing Power)

$68,961

Adjusted for COL (125.1)

While the nominal average salary of $86,270 in New York is attractive, it's crucial to consider the local Cost of Living Index of 125.1. This means that expenses are approximately 25.1% higher than the national average. Therefore, the purchasing power of an $86,270 salary in New York is effectively reduced compared to areas with a lower cost of living, requiring careful financial planning.

Job Market Context

31,440

Total Jobs

3.295

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, New York has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

The Location Quotient of 1.04 suggests that Buyers and Purchasing Agents are slightly more concentrated in New York than the national average. This indicates a competitive yet stable job market; while there are a good number of these roles, the slight overrepresentation means employers have a decent pool of talent to draw from, but skilled professionals remain in demand.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

CitySalaryDist.
Binghamton, NY Buyers and Purchasing Agents Salary$79,650↓ 8%49 mi
Kingston, NY Buyers and Purchasing Agents Salary$68,480↓ 21%51 mi
Scranton--Wilkes-Barre, PA Buyers and Purchasing Agents Salary$69,210↓ 20%64 mi
Utica-Rome, NY Buyers and Purchasing Agents Salary$76,520↓ 11%66 mi
Albany-Schenectady-Troy, NY Buyers and Purchasing Agents Salary$78,110↓ 9%68 mi

Comparing salaries near New York

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in New York?

The median annual salary for a Buyers and Purchasing Agents in New York is $86,270. This typically ranges from $47,990 for entry-level positions to $132,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 7.7% higher than the national median of $80,070.

Is New York a lucrative place for Buyers and Purchasing Agentss?

Yes, with caveats.New York offers a higher average salary ($86,270) than the national average, but this is offset by a significantly higher cost of living (125.1).

Is New York a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($79,650) and Kingston, NY.

What is the average salary for Buyers and Purchasing Agents in New York?

The average annual salary for Buyers and Purchasing Agents in New York is $86,270.

How does New York's salary compare to the national average?

New York's average salary of $86,270 is higher than the national average of $80,070.

What is the cost of living in New York compared to the national average?

New York's Cost of Living Index is 125.1, meaning it is about 25.1% more expensive to live there than the national average.

Is the job market for Buyers and Purchasing Agents strong in New York?

Yes, with a Location Quotient of 1.04 and a substantial workforce, the market shows a healthy concentration and demand for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 31,440 employees in the New York area with a job density of 3.295 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in New York