Average Buyers and Purchasing Agents Salary in Palm Bay-Melbourne-Titusville, FL
In the Palm Bay-Melbourne-Titusville, FL area, Buyers and Purchasing Agents earn an impressive average annual salary of $85,760. This figure significantly surpasses the national average of $80,070, indicating a strong demand and potentially higher cost of doing business or specialized industry needs within this Florida region that drive compensation upwards.
Executive Summary
- Average Salary: $85,760 per year.
- Growth Trend: Salaries have shifted 26.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,630.
- Outlook: The local job market for Buyers and Purchasing Agents in Palm Bay-Melbourne-Titusville, FL, appears robust, supported by a workforce of 1,230 professionals. The Location Quotient of 1.61 suggests a concentration of these roles that is 61% higher than the national average, signaling a healthy and potentially growing demand for procurement expertise in the area.
Salary Overview
The average Buyers and Purchasing Agents in Palm Bay-Melbourne-Titusville, FL earns+7.1%above the national average.
$41.2
$1,649
$7,147
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 Palm Bay-Melbourne-Titusville, FL, have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing complexity in supply chain management typically contribute to upward pressure on compensation for these vital roles.
Buyers and Purchasing Agents Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Career progression for Buyers and Purchasing Agents in Palm Bay-Melbourne-Titusville, FL, is typically marked by increasing salary potential. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,840 | $23.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,320 | $30.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,750 | $39.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,200 | $51.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,630 | $61.4 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$85,760
Gross Pay
Real Wage (Purchasing Power)
$85,760
Adjusted for COL (100)
The nominal average salary of $85,760 in Palm Bay-Melbourne-Titusville, FL, is well-positioned against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the salary is equivalent to the national average, allowing professionals to maintain a comparable standard of living without financial strain due to local expenses.
Job Market Context
1,230
Total Jobs
5.09
Per 1K Jobs
1.61
Location Quotient
Palm Bay-Melbourne-Titusville, FL 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 1.61, the Palm Bay-Melbourne-Titusville, FL, market exhibits a notable concentration of Buyers and Purchasing Agents roles compared to the national landscape. This suggests that the region is a significant hub for procurement professionals, potentially offering more job opportunities and a competitive environment for those in the field.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Buyers and Purchasing Agents Salary | $68,910↓ 20% | 17 mi |
| Port St. Lucie, FL Buyers and Purchasing Agents Salary | $71,380↓ 17% | 50 mi |
| Sebring, FL Buyers and Purchasing Agents Salary | $55,480↓ 35% | 59 mi |
| Orlando-Kissimmee-Sanford, FL Buyers and Purchasing Agents Salary | $76,830↓ 10% | 59 mi |
| North Florida nonmetropolitan area Buyers and Purchasing Agents Salary | $64,650↓ 25% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Buyers and Purchasing Agents in Palm Bay-Melbourne-Titusville, FL is $85,760. This typically ranges from $48,840 for entry-level positions to $127,630 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 7.1% higher than the national median of $80,070.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Buyers and Purchasing Agentss?
Yes, it is a lucrative place for Buyers and Purchasing Agents.The average salary of $85,760 is notably higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($68,910) and Port St. Lucie, FL.
How does the local workforce size impact job prospects?
A local workforce of 1,230 indicates a substantial presence of Buyers and Purchasing Agents, suggesting a stable job market with ongoing opportunities for both new entrants and experienced professionals.
What does a Location Quotient of 1.61 mean for job seekers?
A Location Quotient of 1.61 signifies that Buyers and Purchasing Agents roles are 61% more concentrated in Palm Bay-Melbourne-Titusville, FL, than the national average, implying higher demand and potentially more specialized roles within the region.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $85,760 salary in Palm Bay-Melbourne-Titusville, FL, offers purchasing power equivalent to the national average, making it a financially sound location.
Are there many job openings for Buyers and Purchasing Agents in this area?
The figure of 5.09 jobs per 1,000 workers, combined with a Location Quotient above 1.0, suggests a healthy number of job openings relative to the overall workforce in Palm Bay-Melbourne-Titusville, FL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 5.09 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 Palm Bay-Melbourne-Titusville, FL