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Average Buyers and Purchasing Agents Salary in North Central Tennessee nonmetropolitan area

In the North Central Tennessee nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $59,060. This figure is notably below the national average of $80,070, reflecting the economic landscape and specific industry demands prevalent in this region. Factors such as local industry concentration and the overall economic activity within nonmetropolitan areas often contribute to these regional salary variations.

Executive Summary

  • Average Salary: $59,060 per year.
  • Growth Trend: Salaries have shifted 12.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $90,550.
  • Outlook: The job market for Buyers and Purchasing Agents in North Central Tennessee is stable, with a total local workforce of 360 individuals. The location quotient of 0.97 suggests a concentration of these roles that is very close to the national average, indicating a steady, albeit not exceptionally high, demand for these professionals within the region's economic structure.
2024 Market Data

Salary Overview

$59,060

The average Buyers and Purchasing Agents in North Central Tennessee nonmetropolitan area earns-26.2%below the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,136

Monthly

$4,922

Buyers and Purchasing Agents Salary Distribution in North Central Tennessee nonmetropolitan area

Salary progression for Buyers and Purchasing Agents is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The widening gap between entry-level and senior-level salaries reflects the increasing value placed on expertise, negotiation skills, and strategic sourcing capabilities as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,370$14.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,295$21.3
ManagerOversees team, compliance, and project delivery.50% (Median)$51,570$24.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$73,825$35.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$90,550$43.5

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$59,060

Gross Pay

Real Wage (Purchasing Power)

$59,060

Adjusted for COL (100)

The nominal average salary of $59,060 in North Central Tennessee aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of essential goods and services is also at par, offering a balanced financial standing for residents.

Job Market Context

360

Total Jobs

3.063

Per 1K Jobs

0.97

Location Quotient

Below Average

North Central Tennessee nonmetropolitan area has 0.97x 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.

With a Location Quotient of 0.97, the market for Buyers and Purchasing Agents in North Central Tennessee is neither significantly over- nor under-represented compared to the national average. This indicates a balanced job market where demand and supply are relatively stable, suggesting moderate competition for open positions and a consistent need for qualified professionals in procurement and supply chain roles within the region.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near North Central Tennessee nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in North Central Tennessee nonmetropolitan area is $59,060. This typically ranges from $30,370 for entry-level positions to $90,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in North Central Tennessee nonmetropolitan area is 26.2% lower than the national median of $80,070.

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

No, not particularly lucrative compared to national averages.The average salary of $59,060 is substantially lower than the national average of $80,070. However, the cost of living is also at the national average, mitigating some of the disparity in purchasing power.

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

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

Where are the highest paying cities near North Central Tennessee nonmetropolitan area?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($73,820) and Clarksville, TN-KY.

How does the local workforce size affect job opportunities?

A local workforce of 360 Buyers and Purchasing Agents suggests a niche market. While not a large pool, it indicates a stable presence of these roles within the region's economy.

What does a Location Quotient of 0.97 mean for job seekers?

A Location Quotient of 0.97 signifies that the concentration of Buyers and Purchasing Agents in North Central Tennessee is very close to the national average. This implies a steady but not exceptionally high demand for these professionals.

How does the Cost of Living Index impact the salary's real value?

With a Cost of Living Index of 100, the $59,060 salary offers a purchasing power equivalent to the national average. This means that while the nominal salary is lower, the expenses are also comparable to the national standard.

Are there significant salary differences based on experience in this region?

Yes, as with most roles, experience plays a crucial part in salary determination. Entry-level positions will be at the lower end, while senior roles demanding more expertise and responsibility will command higher compensation, reflecting career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the North Central Tennessee nonmetropolitan area area with a job density of 3.063 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.