SalaryNode

Average Buyers and Purchasing Agents Salary in North Arkansas nonmetropolitan area

In the North Arkansas nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $58,560. This figure is notably lower than the national average of $80,070, reflecting regional economic factors and the specific demand dynamics within this locale. The concentration of industries and the overall economic landscape in nonmetropolitan Arkansas contribute to this salary differential.

Executive Summary

  • Average Salary: $58,560 per year.
  • Growth Trend: Salaries have shifted 18.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,350.
  • Outlook: With a total local workforce of 200 Buyers and Purchasing Agents, the job market in North Arkansas presents a modest but stable employment base. The Location Quotient of 0.54 indicates that this profession is less concentrated here compared to the national average, suggesting a specialized but potentially less saturated market. The rate of 1.693 jobs per 1,000 workers further illustrates the presence of these roles within the local economy.
2024 Market Data

Salary Overview

$58,560

The average Buyers and Purchasing Agents in North Arkansas nonmetropolitan area earns-26.9%below the national average.

BreakdownBased on 40h/week
Hourly

$28.2

Weekly

$1,126

Monthly

$4,880

Buyers and Purchasing Agents Salary Distribution in North Arkansas nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, demanding greater responsibility and strategic input, command higher compensation. The percentile gaps in salary distribution signify these opportunities for advancement, rewarding accumulated knowledge and proven performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,710$17.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$43,920$21.1
ManagerOversees team, compliance, and project delivery.50% (Median)$53,470$25.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,200$35.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$85,350$41

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$58,560

Gross Pay

Real Wage (Purchasing Power)

$58,560

Adjusted for COL (100)

The average annual salary of $58,560 in North Arkansas aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national standard, making the take-home pay's value stable relative to national benchmarks.

Job Market Context

200

Total Jobs

1.693

Per 1K Jobs

0.54

Location Quotient

Below Average

North Arkansas nonmetropolitan area has 0.54x 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 0.54 for Buyers and Purchasing Agents in North Arkansas indicates that this profession is less concentrated than the national average. This suggests that while opportunities exist, the market is not as saturated with these specialists compared to other regions, potentially offering a unique competitive landscape for those in the field.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near North Arkansas nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in North Arkansas nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in North Arkansas nonmetropolitan area is $58,560. This typically ranges from $36,710 for entry-level positions to $85,350 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Arkansas nonmetropolitan area is 26.9% lower than the national median of $80,070.

Is North Arkansas nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, it is not considered a lucrative place compared to the national average.The average salary of $58,560 is significantly below the national average of $80,070, indicating lower earning potential in this region. However, the cost of living is also at the national average, meaning the salary's purchasing power is maintained locally.

Is North Arkansas nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in North Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near North Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($63,710) and Hot Springs, AR.

How does the cost of living in North Arkansas compare to the national average?

The cost of living in the North Arkansas nonmetropolitan area is exactly at the national average, indicated by a Cost of Living Index of 100.

What is the concentration of Buyers and Purchasing Agents in North Arkansas?

The concentration of Buyers and Purchasing Agents in North Arkansas is below the national average, with a Location Quotient of 0.54.

How many Buyers and Purchasing Agents are there in North Arkansas?

There are approximately 200 Buyers and Purchasing Agents employed in the North Arkansas nonmetropolitan area.

What is the job density for Buyers and Purchasing Agents in this region?

There are 1.693 jobs per 1,000 workers for Buyers and Purchasing Agents in North Arkansas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the North Arkansas nonmetropolitan area area with a job density of 1.693 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.