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Average Buyers and Purchasing Agents Salary in Northwest Colorado nonmetropolitan area

In the Northwest Colorado nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $73,100. This figure is notably below the national average of $80,070, reflecting regional economic factors and potentially a different industry mix. The specific demand and compensation structures within this locale contribute to this salary differential compared to broader national trends.

Executive Summary

  • Average Salary: $73,100 per year.
  • Growth Trend: Salaries have shifted 24.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,070.
  • Outlook: The job market for Buyers and Purchasing Agents in Northwest Colorado is characterized by a local workforce of 310 professionals. With a Location Quotient of 0.74, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of 2.329 jobs per 1,000 workers indicates a consistent, albeit moderate, need for these procurement specialists within the region's economy.
2024 Market Data

Salary Overview

$73,100

The average Buyers and Purchasing Agents in Northwest Colorado nonmetropolitan area earns-8.7%below the national average.

BreakdownBased on 40h/week
Hourly

$35.1

Weekly

$1,406

Monthly

$6,092

Buyers and Purchasing Agents Salary Distribution in Northwest Colorado nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase from entry-level to senior positions. While specific percentile data for this region isn't available, the typical salary range widens considerably with experience, with senior agents commanding higher compensation due to their expertise in negotiation, strategic sourcing, and supplier management. These percentile gaps are a clear indicator of the value placed on accumulated knowledge and leadership in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,470$23.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,825$26.4
ManagerOversees team, compliance, and project delivery.50% (Median)$66,620$32
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,375$43.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,070$50.5

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$73,100

Gross Pay

Real Wage (Purchasing Power)

$73,100

Adjusted for COL (100)

The average annual salary of $73,100 in Northwest Colorado aligns precisely 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 this income is equivalent to the national standard. Therefore, relocating professionals will find that their earnings in this region offer a comparable lifestyle to what they might expect elsewhere in the country, without significant financial compromise due to living expenses.

Job Market Context

310

Total Jobs

2.329

Per 1K Jobs

0.74

Location Quotient

Below Average

Northwest Colorado nonmetropolitan area has 0.74x 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 0.74, Northwest Colorado has a slightly lower concentration of Buyers and Purchasing Agents compared to the national average. This suggests that the job market is not oversaturated, but also that the demand might be more specialized or tied to specific regional industries. Professionals in this field may find a moderately competitive landscape, with opportunities available but perhaps requiring a targeted approach to secure positions.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northwest Colorado nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Northwest Colorado nonmetropolitan area is $73,100. This typically ranges from $48,470 for entry-level positions to $105,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Colorado nonmetropolitan area is 8.7% lower than the national median of $80,070.

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

No, not more lucrative than the national average.The average salary of $73,100 is below the national average of $80,070, although the cost of living is at the national average. This indicates that while purchasing power is maintained, the overall earning potential is less than in many other regions.

Is Northwest Colorado nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

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

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

Some top paying nearby cities include Colorado Springs, CO ($87,360) and Denver-Aurora-Centennial, CO.

How does the cost of living affect the $73,100 salary?

With a Cost of Living Index of 100, the $73,100 salary in Northwest Colorado offers purchasing power equivalent to the national average. This means that while the salary is lower than the national average, your money will go just as far in terms of daily expenses and housing.

Is there high demand for Buyers and Purchasing Agents in Northwest Colorado?

The demand is moderate, as indicated by a Location Quotient of 0.74 and 2.329 jobs per 1,000 workers. While these roles are present and necessary, the concentration is slightly below the national average, suggesting a stable but not booming job market.

What is the significance of the Location Quotient (0.74)?

A Location Quotient of 0.74 means that Buyers and Purchasing Agents are employed in Northwest Colorado at a rate that is 74% of the national average. This suggests a slightly lower concentration of these professionals relative to the overall workforce in the region.

How does the local workforce size impact job prospects?

The local workforce of 310 Buyers and Purchasing Agents indicates a relatively small but established professional community. This size suggests that while opportunities exist, the market may be more niche, and networking could be particularly beneficial for job seekers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Northwest Colorado nonmetropolitan area area with a job density of 2.329 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.