SalaryNode

Average Buyers and Purchasing Agents Salary in Northeast Alabama nonmetropolitan area

In the Northeast Alabama nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $63,700. This figure is notably below the national average of $80,070, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale. The lower average salary reflects the unique economic landscape of nonmetropolitan regions compared to larger urban centers.

Executive Summary

  • Average Salary: $63,700 per year.
  • Growth Trend: Salaries have shifted 32.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $95,790.
  • Outlook: The local workforce for Buyers and Purchasing Agents comprises 490 professionals, indicating a stable, albeit not expansive, job market. With a Location Quotient of 1.03, the concentration of these roles in Northeast Alabama is slightly above the national average, suggesting a steady demand that aligns with the overall U.S. market. This modest concentration implies a consistent need for procurement expertise within the region's industries.
2024 Market Data

Salary Overview

$63,700

The average Buyers and Purchasing Agents in Northeast Alabama nonmetropolitan area earns-20.4%below the national average.

BreakdownBased on 40h/week
Hourly

$30.6

Weekly

$1,225

Monthly

$5,308

Buyers and Purchasing Agents Salary Distribution in Northeast Alabama nonmetropolitan area

Career progression for Buyers and Purchasing Agents in Northeast Alabama typically involves salary increases tied to experience and responsibility. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive negotiation skills and strategic sourcing expertise, command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential as professionals gain experience and demonstrate value.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,480$18
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$47,775$23
ManagerOversees team, compliance, and project delivery.50% (Median)$59,020$28.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$79,625$38.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$95,790$46.1

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$63,700

Gross Pay

Real Wage (Purchasing Power)

$63,700

Adjusted for COL (100)

The average annual salary of $63,700 in Northeast Alabama nonmetropolitan area aligns perfectly with the national average cost of living index of 100. 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 average. Therefore, the take-home pay effectively maintains parity with national standards in terms of affordability.

Job Market Context

490

Total Jobs

3.244

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Northeast Alabama nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

The Location Quotient of 1.03 for Buyers and Purchasing Agents in Northeast Alabama indicates a job market that is very close to the national average in terms of concentration. This suggests that the demand for these professionals is neither exceptionally high nor low relative to the general U.S. workforce. The market is moderately competitive, with a stable number of opportunities available for qualified individuals.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northeast Alabama nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Northeast Alabama nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Northeast Alabama nonmetropolitan area is $63,700. This typically ranges from $37,480 for entry-level positions to $95,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Alabama nonmetropolitan area is 20.4% lower than the national median of $80,070.

Is Northeast Alabama nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, it is not exceptionally lucrative compared to national averages.The average salary of $63,700 is below the national average of $80,070, though the cost of living is on par with the national average. This indicates that while purchasing power is maintained, the overall earning potential is lower than in many other regions.

Is Northeast Alabama nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

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

Where are the highest paying cities near Northeast Alabama nonmetropolitan area?

Some top paying nearby cities include Montgomery, AL ($71,930) and Birmingham, AL.

What is the average salary for Buyers and Purchasing Agents in Northeast Alabama?

The average annual salary for Buyers and Purchasing Agents in Northeast Alabama nonmetropolitan area is $63,700.

How does the Northeast Alabama salary compare to the national average?

The average salary in Northeast Alabama ($63,700) is lower than the national average salary of $80,070 for Buyers and Purchasing Agents.

What is the cost of living in Northeast Alabama compared to the national average?

Northeast Alabama has a cost of living index of 100, which is exactly the same as the national average.

How concentrated are Buyers and Purchasing Agents jobs in Northeast Alabama?

The concentration of Buyers and Purchasing Agents jobs in Northeast Alabama, indicated by a Location Quotient of 1.03, is slightly above the national average, suggesting a stable presence of these roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Northeast Alabama nonmetropolitan area area with a job density of 3.244 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.