Average Buyers and Purchasing Agents Salary in Olympia-Lacey-Tumwater, WA
In the Olympia-Lacey-Tumwater, WA area, Buyers and Purchasing Agents earn an average annual salary of $78,910. This figure is slightly below the national average of $80,070, indicating a localized compensation structure influenced by regional economic factors and industry demand within the state. The specific economic landscape of this Washington region shapes the earning potential for these critical procurement roles.
Executive Summary
- Average Salary: $78,910 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,710.
- Outlook: The job market for Buyers and Purchasing Agents in Olympia-Lacey-Tumwater, WA, appears robust, with a total local workforce of 620 professionals. The Location Quotient of 1.55 significantly exceeds the national average, suggesting a higher concentration of these roles in the region than typically found nationwide. This elevated concentration points to a strong and potentially growing demand for procurement expertise within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Olympia-Lacey-Tumwater, WA earns-1.4%below the national average.
$37.9
$1,518
$6,576
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the Olympia-Lacey-Tumwater, WA area have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing complexity in supply chain management typically drive upward pressure on compensation for these roles, ensuring that professionals in this field see their earnings appreciate over time.
Buyers and Purchasing Agents Salary Distribution in Olympia-Lacey-Tumwater, WA
Career progression for Buyers and Purchasing Agents in Olympia-Lacey-Tumwater, WA, is typically marked by increasing salary levels. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles. The significant salary gaps between experience levels underscore the value placed on expertise and a proven track record in negotiation and supply chain optimization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,770 | $25.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,183 | $28.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,430 | $36.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,638 | $47.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,710 | $50.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$78,910
Gross Pay
Real Wage (Purchasing Power)
$78,910
Adjusted for COL (100)
The average annual salary of $78,910 in Olympia-Lacey-Tumwater, WA, aligns precisely with the national average cost of living (100). This means that the purchasing power of a Buyer or Purchasing Agent's salary in this region is comparable to the national standard. While the nominal salary is slightly below the national average, the stable cost of living suggests that the take-home pay offers a similar lifestyle to what one might expect elsewhere in the country.
Job Market Context
620
Total Jobs
4.906
Per 1K Jobs
1.55
Location Quotient
Olympia-Lacey-Tumwater, WA has 1.6x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.55, the Olympia-Lacey-Tumwater, WA market demonstrates a notable concentration of Buyers and Purchasing Agents relative to the national average. This suggests that the demand for these professionals in the region is higher than in many other areas, potentially leading to a more competitive job market for employers seeking talent, and offering ample opportunities for skilled individuals within this specialized field.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA Buyers and Purchasing Agents Salary | $86,040↑ 9% | 36 mi |
| Seattle-Tacoma-Bellevue, WA Buyers and Purchasing Agents Salary | $94,560↑ 20% | 47 mi |
| Longview-Kelso, WA Buyers and Purchasing Agents Salary | $80,140↑ 2% | 62 mi |
| Western Washington nonmetropolitan area Buyers and Purchasing Agents Salary | $89,110↑ 13% | 70 mi |
| Eastern Washington nonmetropolitan area Buyers and Purchasing Agents Salary | $76,940↓ 2% | 70 mi |
Comparing salaries near Olympia-Lacey-Tumwater, WA
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Buyers and Purchasing Agents in Olympia-Lacey-Tumwater, WA is $78,910. This typically ranges from $53,770 for entry-level positions to $105,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 1.4% lower than the national median of $80,070.
Is Olympia-Lacey-Tumwater, WA a lucrative place for Buyers and Purchasing Agentss?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $78,910 is strong, especially considering the local cost of living is at the national average. The high concentration of these roles also indicates robust local demand.
Is Olympia-Lacey-Tumwater, WA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($86,040) and Seattle-Tacoma-Bellevue, WA.
How does the Olympia-Lacey-Tumwater salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Olympia-Lacey-Tumwater, WA is $78,910, which is slightly lower than the national average of $80,070.
What does the Location Quotient of 1.55 mean for this job market?
A Location Quotient of 1.55 indicates that Buyers and Purchasing Agents are 55% more concentrated in the Olympia-Lacey-Tumwater, WA area than the national average, suggesting higher demand and potentially more job opportunities.
How does the cost of living affect the salary in Olympia-Lacey-Tumwater, WA?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $78,910 salary has purchasing power equivalent to the national average.
What is the total number of Buyers and Purchasing Agents in the Olympia-Lacey-Tumwater, WA area?
There are approximately 620 Buyers and Purchasing Agents employed in the Olympia-Lacey-Tumwater, WA region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 620 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 4.906 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 Olympia-Lacey-Tumwater, WA