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Average Buyers and Purchasing Agents Salary in Northwest Iowa nonmetropolitan area

Buyers and Purchasing Agents in Northwest Iowa nonmetropolitan area earn an average annual salary of $71,700. This figure is below the national average of $80,070, reflecting regional economic factors and the specific demand dynamics within this nonmetropolitan setting. The localized nature of industries and supply chains in this area plays a significant role in shaping compensation for these crucial procurement roles.

Executive Summary

  • Average Salary: $71,700 per year.
  • Growth Trend: Salaries have shifted 25.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $104,850.
  • Outlook: The job market for Buyers and Purchasing Agents in Northwest Iowa appears stable, with a local workforce of 550 individuals in this role. The concentration, indicated by a Location Quotient of 1.18, suggests a slightly higher presence of these professionals compared to the national average, implying a consistent, albeit not rapidly expanding, demand within the region's economic landscape.
2024 Market Data

Salary Overview

$71,700

The average Buyers and Purchasing Agents in Northwest Iowa nonmetropolitan area earns-10.5%below the national average.

BreakdownBased on 40h/week
Hourly

$34.5

Weekly

$1,379

Monthly

$5,975

Buyers and Purchasing Agents Salary Distribution in Northwest Iowa nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while senior roles, with their greater responsibilities and strategic input, command higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior compensation signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,570$20.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$53,775$25.9
ManagerOversees team, compliance, and project delivery.50% (Median)$64,260$30.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$89,625$43.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$104,850$50.4

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$71,700

Gross Pay

Real Wage (Purchasing Power)

$71,700

Adjusted for COL (100)

The average annual salary of $71,700 in Northwest Iowa aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Buyer's salary in this region is comparable to the national standard, offering a stable financial environment for residents without the added pressure of higher living expenses often found in metropolitan areas.

Job Market Context

550

Total Jobs

3.73

Per 1K Jobs

1.18

Location Quotient

Above Average

With a location quotient of 1.18, Northwest Iowa 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 1.18, Northwest Iowa exhibits a slightly higher concentration of Buyers and Purchasing Agents than the national average. This suggests a moderately competitive market where demand is present and perhaps slightly more robust than in areas with a lower quotient, indicating a healthy, established presence of these roles within the local economy.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northwest Iowa nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Northwest Iowa nonmetropolitan area is $71,700. This typically ranges from $43,570 for entry-level positions to $104,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Iowa nonmetropolitan area is 10.5% lower than the national median of $80,070.

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

Moderately lucrative, with stable earning potential.While the average salary of $71,700 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The slightly above-average concentration of these roles indicates consistent demand.

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

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

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

Some top paying nearby cities include Ames, IA ($73,690) and Des Moines-West Des Moines, IA.

How does the local workforce size affect job prospects?

A local workforce of 550 suggests a significant, established presence of Buyers and Purchasing Agents, indicating a stable job market with ongoing opportunities rather than rapid expansion.

What does a Location Quotient of 1.18 mean for job seekers?

A Location Quotient of 1.18 signifies that Northwest Iowa has a slightly higher concentration of these roles than the national average, suggesting a potentially favorable market for job seekers in this profession.

How does the cost of living impact the $71,700 salary?

With a Cost of Living Index of 100, the $71,700 salary offers purchasing power equivalent to the national average, making it a stable income in the region.

Are there significant salary differences between entry-level and senior Buyers in Northwest Iowa?

Yes, as with most professions, experience plays a crucial role. Senior Buyers and Purchasing Agents typically command higher salaries than their entry-level counterparts, reflecting increased responsibility and expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Northwest Iowa nonmetropolitan area area with a job density of 3.73 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.