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Average Buyers and Purchasing Agents Salary in Northwest Oklahoma nonmetropolitan area

In the Northwest Oklahoma nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $62,720. This figure is notably below the national average of $80,070, reflecting the distinct economic landscape and demand dynamics characteristic of nonmetropolitan regions within the state. Localized industry needs and the overall economic scale of the area contribute to this salary differential.

Executive Summary

  • Average Salary: $62,720 per year.
  • Growth Trend: Salaries have shifted 5.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $94,420.
  • Outlook: The job market for Buyers and Purchasing Agents in Northwest Oklahoma, with a total local workforce of 220, presents a moderate concentration as indicated by a Location Quotient of 0.71. While not exceeding the national average in terms of concentration, the presence of 2.256 jobs per 1,000 workers suggests a stable, albeit specialized, demand within this nonmetropolitan sector.
2024 Market Data

Salary Overview

$62,720

The average Buyers and Purchasing Agents in Northwest Oklahoma nonmetropolitan area earns-21.7%below the national average.

BreakdownBased on 40h/week
Hourly

$30.2

Weekly

$1,206

Monthly

$5,227

Buyers and Purchasing Agents Salary Distribution in Northwest Oklahoma nonmetropolitan area

Salary progression for Buyers and Purchasing Agents typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized knowledge can command significantly higher salaries, reaching into the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on expertise in procurement and negotiation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$34,990$16.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$47,040$22.6
ManagerOversees team, compliance, and project delivery.50% (Median)$59,140$28.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$78,400$37.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$94,420$45.4

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$62,720

Gross Pay

Real Wage (Purchasing Power)

$62,720

Adjusted for COL (100)

The average annual salary of $62,720 in Northwest Oklahoma aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer or Purchasing Agent's salary in this region is equivalent to the national standard, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

220

Total Jobs

2.256

Per 1K Jobs

0.71

Location Quotient

Below Average

Northwest Oklahoma nonmetropolitan area has 0.71x 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 0.71, the market for Buyers and Purchasing Agents in Northwest Oklahoma is less concentrated than the national average. This suggests that while the role is present and necessary, it may not be as prevalent or in as high demand relative to other occupations compared to national trends, indicating a potentially less competitive but more specialized job pool.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Northwest Oklahoma nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Northwest Oklahoma nonmetropolitan area is $62,720. This typically ranges from $34,990 for entry-level positions to $94,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Oklahoma nonmetropolitan area is 21.7% lower than the national median of $80,070.

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

No, it is not considered lucrative compared to national standards.The average salary of $62,720 is significantly lower than the national average of $80,070. While the cost of living is average, the nominal pay does not offer a premium.

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

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

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

Some top paying nearby cities include Oklahoma City, OK ($77,470) and Tulsa, OK.

How does the local workforce size affect job prospects?

A local workforce of 220 indicates a smaller, more niche market. While this can mean fewer opportunities, it also suggests a stable demand for specialized roles within the existing industries.

What does a Location Quotient of 0.71 mean for this role?

A Location Quotient below 1.0 signifies that Buyers and Purchasing Agents are less concentrated in this region compared to the national average. This implies the role is present but not a dominant occupation.

How does the cost of living compare to the salary?

The Cost of Living Index of 100 means that the local expenses are on par with the national average. Therefore, the $62,720 salary provides a purchasing power equivalent to the national average.

Are there many jobs for Buyers and Purchasing Agents in this area?

With 2.256 jobs per 1,000 workers, the occupation is present at a rate slightly above the national average for nonmetropolitan areas, indicating a steady, though not abundant, job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Northwest Oklahoma nonmetropolitan area area with a job density of 2.256 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.