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Average Buyers and Purchasing Agents Salary in Northwest Alabama nonmetropolitan area

In the Northwest Alabama nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $61,090. This figure is notably below the national average of $80,070, reflecting the unique economic landscape and demand drivers specific to this region. Localized economic factors and industry concentration significantly influence compensation levels for these crucial procurement roles.

Executive Summary

  • Average Salary: $61,090 per year.
  • Growth Trend: Salaries have shifted 2.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $88,520.
  • Outlook: The job market for Buyers and Purchasing Agents in Northwest Alabama nonmetropolitan area appears stable, with a total local workforce of 230 individuals. The Location Quotient of 1.08 suggests a concentration of these roles that is slightly above the national average, indicating a steady, albeit not explosive, demand within the region's specific industries. This moderate concentration points to a consistent need for skilled procurement professionals.
2024 Market Data

Salary Overview

$61,090

The average Buyers and Purchasing Agents in Northwest Alabama nonmetropolitan area earns-23.7%below the national average.

BreakdownBased on 40h/week
Hourly

$29.4

Weekly

$1,175

Monthly

$5,091

Buyers and Purchasing Agents Salary Distribution in Northwest Alabama 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, characterized by greater responsibility and strategic input, command higher salaries. The percentile gaps in earnings between junior and senior professionals underscore the substantial career advancement opportunities available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,560$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$45,818$22
ManagerOversees team, compliance, and project delivery.50% (Median)$56,970$27.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$76,363$36.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$88,520$42.6

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$61,090

Gross Pay

Real Wage (Purchasing Power)

$61,090

Adjusted for COL (100)

The nominal average salary of $61,090 in Northwest Alabama nonmetropolitan area 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 nominal pay is lower than the national average, the cost of living does not present a disadvantage in terms of affordability.

Job Market Context

230

Total Jobs

3.412

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Northwest Alabama 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 1.08, the Northwest Alabama nonmetropolitan area exhibits a slightly higher concentration of Buyers and Purchasing Agents compared to the national average. This indicates a moderately competitive job market where the demand for these professionals is present and slightly more pronounced than in a typical U.S. region, suggesting a stable employment outlook for qualified individuals.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northwest Alabama nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Northwest Alabama nonmetropolitan area is $61,090. This typically ranges from $37,560 for entry-level positions to $88,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Alabama nonmetropolitan area is 23.7% lower than the national median of $80,070.

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

No, it is not considered highly lucrative compared to national averages.The average salary of $61,090 is significantly 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 Northwest Alabama nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

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

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

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

How does the local workforce size affect job prospects?

A local workforce of 230 suggests a smaller, more specialized job market. While this can mean fewer openings, it also indicates a potentially tighter-knit professional community and a consistent demand within specific regional industries.

What does a Location Quotient of 1.08 mean for Buyers?

A Location Quotient of 1.08 signifies that Buyers and Purchasing Agents are slightly more concentrated in this nonmetropolitan area than the national average. This implies a steady demand for these roles within the local economic structure.

How does experience impact a Buyer's salary in this region?

Experience is a key driver of salary. Entry-level Buyers will earn less, while those with extensive experience and proven procurement skills can command significantly higher salaries, reflecting increased responsibility and expertise.

Is the cost of living a factor when considering a Buyer role here?

The cost of living index is 100, matching the national average. This means your $61,090 salary will have the same purchasing power as a national average salary in a typical U.S. location, making affordability comparable.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Northwest Alabama nonmetropolitan area area with a job density of 3.412 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.