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Average Buyers and Purchasing Agents Salary in Northeast Virginia nonmetropolitan area

Buyers and Purchasing Agents in the Northeast Virginia nonmetropolitan area command an impressive average annual salary of $103,820. This figure significantly surpasses the national average of $80,070, indicating a strong demand and potentially higher value placed on these professionals within this specific region. Local economic factors and industry concentrations likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $103,820 per year.
  • Growth Trend: Salaries have shifted 0.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,340.
  • Outlook: With a local workforce of 280 Buyers and Purchasing Agents, this role demonstrates a notable presence in Northeast Virginia. The Location Quotient of 1.57 suggests that this profession is more concentrated here than the national average, implying a robust job market with sustained demand for skilled individuals in procurement and supply chain management.
2024 Market Data

Salary Overview

$103,820

The average Buyers and Purchasing Agents in Northeast Virginia nonmetropolitan area earns+29.7%above the national average.

BreakdownBased on 40h/week
Hourly

$49.9

Weekly

$1,997

Monthly

$8,652

Buyers and Purchasing Agents Salary Distribution in Northeast Virginia nonmetropolitan area

Career progression for Buyers and Purchasing Agents in Northeast Virginia typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and management positions can command salaries well into the upper percentiles, reflecting accumulated expertise, negotiation skills, and strategic oversight.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,760$23.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,865$37.4
ManagerOversees team, compliance, and project delivery.50% (Median)$99,200$47.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$129,775$62.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$164,340$79

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$103,820

Gross Pay

Real Wage (Purchasing Power)

$103,820

Adjusted for COL (100)

The average annual salary of $103,820 in Northeast Virginia's nonmetropolitan area is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the higher nominal salary directly translates to greater purchasing power for residents, making the region a financially sound choice for these professionals.

Job Market Context

280

Total Jobs

4.942

Per 1K Jobs

1.57

Location Quotient

Major Hub

Northeast Virginia nonmetropolitan area has 1.6x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.57 signifies that Buyers and Purchasing Agents are 57% more concentrated in Northeast Virginia than in the average U.S. location. This indicates a specialized and potentially competitive market where employers may actively seek out talent, and professionals may find ample opportunities within their field.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northeast Virginia nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Northeast Virginia nonmetropolitan area is $103,820. This typically ranges from $49,760 for entry-level positions to $164,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Virginia nonmetropolitan area is 29.7% higher than the national median of $80,070.

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

Yes, it is a highly lucrative area for Buyers and Purchasing Agents.The average salary of $103,820 is significantly higher than the national average, and the cost of living is on par with the national average, offering excellent purchasing power.

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

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

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

Some top paying nearby cities include Charlottesville, VA ($79,070) and Richmond, VA.

How does the local workforce size impact job opportunities?

A local workforce of 280 suggests a stable, established market for Buyers and Purchasing Agents, indicating consistent demand and potential for career growth within the region.

What does a Location Quotient of 1.57 mean for job seekers?

A Location Quotient above 1.0, like 1.57, means the area has a higher concentration of these jobs than the national average, suggesting more specialized opportunities and potentially higher demand for experienced professionals.

How does the cost of living affect the real value of the salary?

With a Cost of Living Index of 100, the national average, the $103,820 salary in Northeast Virginia offers strong real value, allowing professionals to maintain a high standard of living comparable to the national level.

Are there many Buyers and Purchasing Agents jobs per capita in this region?

With 4.942 jobs per 1,000 workers, Northeast Virginia shows a healthy density of Buyer and Purchasing Agent roles, indicating a solid job market relative to its overall working population.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Northeast Virginia nonmetropolitan area area with a job density of 4.942 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.