Average Buyers and Purchasing Agents Salary in New York-Newark-Jersey City, NY-NJ
Buyers and Purchasing Agents in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $92,170. This figure significantly surpasses the national average of $80,070, reflecting the high demand and economic activity characteristic of this major hub. The robust local economy and the concentration of diverse industries likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $92,170 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,060.
- Outlook: The job market for Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ appears stable and well-established. With a total local workforce of 29,510 individuals in this role, the market demonstrates substantial depth. A Location Quotient of 1.0 indicates that the concentration of these professionals is on par with the national average, suggesting a consistent and predictable demand for their services within the region.
Salary Overview
The average Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ earns+15.1%above the national average.
$44.3
$1,773
$7,681
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the New York-Newark-Jersey City, NY-NJ area have experienced steady growth over the past four years. Economic expansions, inflation, and increasing complexity in supply chain management typically drive upward salary trends for experienced professionals in such a dynamic metropolitan region.
Buyers and Purchasing Agents Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ is strongly tied to experience and specialization. Entry-level positions typically start at lower percentiles, while senior roles commanding higher salaries reflect greater responsibility, negotiation expertise, and strategic sourcing capabilities. The widening gap between lower and higher salary percentiles underscores the significant career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,260 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,128 | $33.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,960 | $40.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,213 | $55.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,060 | $65.4 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$92,170
Gross Pay
Real Wage (Purchasing Power)
$92,170
Adjusted for COL (100)
The average annual salary of $92,170 in New York-Newark-Jersey City, NY-NJ 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 equivalent to the national average. Therefore, the increased earnings are offset by the cost of living, making it neither a significant financial advantage nor disadvantage from a pure cost perspective.
Job Market Context
29,510
Total Jobs
3.152
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.0 for Buyers and Purchasing Agents in the New York-Newark-Jersey City, NY-NJ area signifies that the concentration of these roles is precisely at the national average. This suggests a balanced market where demand and supply are relatively stable and predictable, without an over-saturation or significant undersupply of professionals compared to other regions across the country.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Buyers and Purchasing Agents Salary | $82,790↓ 10% | 44 mi |
| Trenton-Princeton, NJ Buyers and Purchasing Agents Salary | $91,720↓ 0% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Buyers and Purchasing Agents Salary | $88,660↓ 4% | 54 mi |
| New Haven, CT Buyers and Purchasing Agents Salary | $79,180↓ 14% | 70 mi |
| Waterbury-Shelton, CT Buyers and Purchasing Agents Salary | $78,880↓ 14% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ is $92,170. This typically ranges from $51,260 for entry-level positions to $136,060 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 15.1% higher than the national median of $80,070.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Buyers and Purchasing Agentss?
Yes, it offers above-average compensation.Buyers and Purchasing Agents in this region earn $92,170 annually, which is notably higher than the national average. While the cost of living is also at the national average, the higher nominal salary provides a strong financial foundation.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($82,790) and Trenton-Princeton, NJ.
How does the salary compare to the national average?
The average salary for Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ is $92,170, which is $12,000 higher than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in this area?
The Location Quotient is 1.0, indicating that the concentration of Buyers and Purchasing Agents in New York-Newark-Jersey City, NY-NJ is exactly the same as the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, meaning it is the same as the national average. Therefore, the higher salary of $92,170 has purchasing power equivalent to the national average.
How many Buyers and Purchasing Agents work in this region?
There are approximately 29,510 Buyers and Purchasing Agents employed in the New York-Newark-Jersey City, NY-NJ metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 29,510 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 3.152 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 York-Newark-Jersey City, NY-NJ