Average Buyers and Purchasing Agents Salary in Northern Indiana nonmetropolitan area
In the Northern Indiana nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $69,350. This figure is notably below the national average of $80,070, reflecting the distinct economic landscape and regional demand specific to this part of Indiana. The localized pay scale is a direct consequence of the area's economic drivers and the specific needs of its industries.
Executive Summary
- Average Salary: $69,350 per year.
- Growth Trend: Salaries have shifted 16.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,920.
- Outlook: The job market for Buyers and Purchasing Agents in Northern Indiana appears stable, with a local workforce of 760 individuals. The Location Quotient of 1.14 suggests a slightly higher concentration of these roles compared to the national average, indicating a steady, albeit not booming, demand within the region's specific industrial mix.
Salary Overview
The average Buyers and Purchasing Agents in Northern Indiana nonmetropolitan area earns-13.4%below the national average.
$33.3
$1,334
$5,779
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Northern Indiana have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is typical as demand for skilled procurement professionals evolves alongside industry needs and the cost of goods.
Buyers and Purchasing Agents Salary Distribution in Northern Indiana nonmetropolitan area
Career progression for Buyers and Purchasing Agents in Northern Indiana typically involves a significant salary increase from entry-level to senior positions. The gap between starting salaries and those earned by seasoned professionals highlights the value placed on experience, negotiation skills, and strategic sourcing expertise, with higher percentiles representing advanced career stages.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,390 | $20.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,013 | $25 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $62,040 | $29.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $86,688 | $41.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $97,920 | $47.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$69,350
Gross Pay
Real Wage (Purchasing Power)
$69,350
Adjusted for COL (100)
The average annual salary of $69,350 in Northern Indiana aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Buyer and Purchasing Agent's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain relative to national benchmarks.
Job Market Context
760
Total Jobs
3.587
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Northern Indiana nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.14, Northern Indiana exhibits a slightly higher concentration of Buyers and Purchasing Agents than the national average. This suggests a moderately competitive market where the demand for these professionals is present and perhaps slightly more pronounced than in other regions, offering good opportunities for those with relevant skills.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Buyers and Purchasing Agents Salary | $76,460↑ 10% | 8 mi |
| Kokomo, IN Buyers and Purchasing Agents Salary | $74,470↑ 7% | 43 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↑ 1% | 48 mi |
| Bloomington, IN Buyers and Purchasing Agents Salary | $76,610↑ 10% | 49 mi |
| Lafayette-West Lafayette, IN Buyers and Purchasing Agents Salary | $72,820↑ 5% | 50 mi |
Comparing salaries near Northern Indiana nonmetropolitan area
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Northern Indiana nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Northern Indiana nonmetropolitan area is $69,350. This typically ranges from $43,390 for entry-level positions to $97,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern Indiana nonmetropolitan area is 13.4% lower than the national median of $80,070.
Is Northern Indiana nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, it is not exceptionally lucrative compared to national averages.While the average salary of $69,350 is respectable, it falls below the national average of $80,070. However, the cost of living being at the national average means the salary's purchasing power is on par nationally.
Is Northern Indiana nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Northern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($76,460) and Kokomo, IN.
How does the local workforce size affect job opportunities?
A local workforce of 760 suggests a moderate-sized pool of professionals, indicating a stable but not overly saturated job market for Buyers and Purchasing Agents in the region.
What does a Location Quotient of 1.14 signify?
A Location Quotient of 1.14 indicates that Buyers and Purchasing Agents are 14% more concentrated in Northern Indiana nonmetropolitan areas than the national average, suggesting a slightly higher demand relative to the national distribution.
How does experience impact salary for this role in Northern Indiana?
Experience significantly boosts earning potential, with senior Buyers and Purchasing Agents commanding higher salaries than entry-level professionals, reflecting increased responsibility and expertise.
Is the cost of living a major factor for Buyers and Purchasing Agents in this region?
No, the cost of living index being at 100 means that the $69,350 salary offers purchasing power equivalent to the national average, making it a neutral factor in financial well-being.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Northern Indiana nonmetropolitan area area with a job density of 3.587 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 Northern Indiana nonmetropolitan area