Average Buyers and Purchasing Agents Salary in Niles, MI
In Niles, MI, Buyers and Purchasing Agents earn an average annual salary of $75,650. This figure is slightly below the national average of $80,070, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand and the specific economic landscape of Niles contribute to this pay differential.
Executive Summary
- Average Salary: $75,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,710.
- Outlook: The job market for Buyers and Purchasing Agents in Niles, MI, appears moderately robust. With a total local workforce of 220 individuals in this role, and a location quotient of 1.16, there is a slightly higher concentration of these professionals compared to the national average. This indicates a stable, albeit not exceptionally booming, demand for their expertise within the region.
Salary Overview
The average Buyers and Purchasing Agents in Niles, MI earns-5.5%below the national average.
$36.4
$1,455
$6,304
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 Niles, MI, have experienced growth over the past four years, mirroring national trends. Economic shifts and evolving supply chain complexities typically drive an upward trajectory in compensation for these vital roles.
Buyers and Purchasing Agents Salary Distribution in Niles, MI
Career progression for Buyers and Purchasing Agents in Niles, MI, is typically marked by increasing earning potential. Entry-level positions often start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles of the pay scale.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,640 | $20.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,738 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,900 | $34.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,563 | $45.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,710 | $51.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$75,650
Gross Pay
Real Wage (Purchasing Power)
$75,650
Adjusted for COL (100)
The nominal salary of $75,650 in Niles, MI, offers considerable purchasing power, as the local Cost of Living Index stands at 100, precisely matching the national average. This means that the salary earned by Buyers and Purchasing Agents in Niles will afford them a lifestyle comparable to the typical American, without the added financial strain of a higher cost of living.
Job Market Context
220
Total Jobs
3.664
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Niles, MI has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.16 signifies that Niles, MI, has a slightly higher concentration of Buyers and Purchasing Agents than the national average. This suggests a competitive yet stable job market where demand is present and potentially growing, offering opportunities for skilled professionals without being oversaturated.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Buyers and Purchasing Agents Salary | $69,650↓ 8% | 11 mi |
| Elkhart-Goshen, IN Buyers and Purchasing Agents Salary | $73,550↓ 3% | 18 mi |
| Michigan City-La Porte, IN Buyers and Purchasing Agents Salary | $68,270↓ 10% | 33 mi |
| Kalamazoo-Portage, MI Buyers and Purchasing Agents Salary | $72,310↓ 4% | 45 mi |
| Battle Creek, MI Buyers and Purchasing Agents Salary | $80,990↑ 7% | 61 mi |
Comparing salaries near Niles, MI
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Niles, MI?
The median annual salary for a Buyers and Purchasing Agents in Niles, MI is $75,650. This typically ranges from $42,640 for entry-level positions to $107,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Niles, MI is 5.5% lower than the national median of $80,070.
Is Niles, MI a lucrative place for Buyers and Purchasing Agentss?
Yes, Niles, MI offers a competitive salary for Buyers and Purchasing Agents.While the average salary is slightly below the national average, the cost of living is also at the national average, making the effective purchasing power strong. The location quotient indicates a healthy concentration of these roles.
Is Niles, MI a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Niles, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Niles, MI?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($69,650) and Elkhart-Goshen, IN.
How does the Niles, MI salary compare to the national average?
Buyers and Purchasing Agents in Niles, MI, earn an average of $75,650 annually, which is approximately 5.6% lower than the national average of $80,070.
What is the Cost of Living in Niles, MI?
The Cost of Living Index in Niles, MI, is 100, which is exactly the same as the national average, indicating average living expenses.
How concentrated are Buyers and Purchasing Agents jobs in Niles, MI?
With a Location Quotient of 1.16, Niles, MI, has a slightly higher concentration of Buyers and Purchasing Agents jobs compared to the national average.
How many Buyers and Purchasing Agents work in Niles, MI?
There are approximately 220 Buyers and Purchasing Agents employed in Niles, MI, representing 3.664 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Niles, MI area with a job density of 3.664 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 Niles, MI