Average Buyers and Purchasing Agents Salary in Northwest Illinois nonmetropolitan area
In the Northwest Illinois nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $70,280. This figure is notably below the national average of $80,070, reflecting regional economic factors and industry demand specific to this locale. The compensation structure is intrinsically tied to the economic landscape and the concentration of industries requiring these specialized procurement roles within the area.
Executive Summary
- Average Salary: $70,280 per year.
- Growth Trend: Salaries have shifted 24.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,520.
- Outlook: The job market for Buyers and Purchasing Agents in Northwest Illinois is characterized by a local workforce of 340 professionals. With a Location Quotient of 0.84, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other occupations. The presence of 2.667 jobs per 1,000 workers indicates a consistent, albeit moderate, need for these procurement specialists within the region's economic framework.
Salary Overview
The average Buyers and Purchasing Agents in Northwest Illinois nonmetropolitan area earns-12.2%below the national average.
$33.8
$1,352
$5,857
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Northwest Illinois have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving supply chain complexities likely contribute to upward pressure on wages, ensuring that compensation keeps pace with the increasing demands of the role and the broader economic environment.
Buyers and Purchasing Agents Salary Distribution in Northwest Illinois nonmetropolitan area
Career progression for Buyers and Purchasing Agents in Northwest Illinois typically sees a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the higher percentiles. The widening gap between entry-level and senior roles underscores the value placed on experience, negotiation skills, and strategic sourcing capabilities within the procurement field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,880 | $18.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $52,710 | $25.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,780 | $31.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $87,850 | $42.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,520 | $50.3 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$70,280
Gross Pay
Real Wage (Purchasing Power)
$70,280
Adjusted for COL (100)
The nominal average salary of $70,280 in Northwest Illinois aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Buyer or Purchasing Agent's salary in this region is comparable to that of their national counterparts. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay maintains a similar standard of living.
Job Market Context
340
Total Jobs
2.667
Per 1K Jobs
0.84
Location Quotient
Northwest Illinois nonmetropolitan area has 0.84x 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.
A Location Quotient of 0.84 for Buyers and Purchasing Agents in Northwest Illinois indicates that this occupation is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, the market may not be saturated, potentially offering stable opportunities for skilled individuals. It implies a balanced job market where demand exists, but competition might be less intense compared to areas with a higher concentration of these roles.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Buyers and Purchasing Agents Salary | $78,110↑ 11% | 9 mi |
| Decatur, IL Buyers and Purchasing Agents Salary | $86,000↑ 22% | 34 mi |
| Champaign-Urbana, IL Buyers and Purchasing Agents Salary | $73,580↑ 5% | 41 mi |
| Peoria, IL Buyers and Purchasing Agents Salary | $77,120↑ 10% | 43 mi |
| Springfield, IL Buyers and Purchasing Agents Salary | $74,780↑ 6% | 53 mi |
Comparing salaries near Northwest Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Northwest Illinois nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Northwest Illinois nonmetropolitan area is $70,280. This typically ranges from $38,880 for entry-level positions to $104,520 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Illinois nonmetropolitan area is 12.2% lower than the national median of $80,070.
Is Northwest Illinois nonmetropolitan area a lucrative place for Buyers and Purchasing Agents?
No, it is not exceptionally lucrative compared to the national average.The average salary of $70,280 is below the national average of $80,070, although the cost of living is on par with the national average.
Is Northwest Illinois nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Northwest Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($78,110) and Decatur, IL.
How does the local workforce size affect job prospects?
A local workforce of 340 indicates a moderate presence of Buyers and Purchasing Agents, suggesting stable but not rapidly expanding job opportunities within the region.
What does a Location Quotient of 0.84 signify?
A Location Quotient of 0.84 means that the concentration of Buyers and Purchasing Agents in Northwest Illinois is slightly lower than the national average, implying a less competitive but steady job market.
How does the cost of living impact the salary?
With a Cost of Living Index of 100, the $70,280 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
Are there many job openings for Buyers and Purchasing Agents in this area?
The figure of 2.667 jobs per 1,000 workers suggests a consistent demand for these professionals, translating to approximately 2-3 openings for every thousand workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Northwest Illinois nonmetropolitan area area with a job density of 2.667 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 Northwest Illinois nonmetropolitan area