SalaryNode

Average Buyers and Purchasing Agents Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Buyers and Purchasing Agents in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area earn an impressive average annual salary of $88,450, surpassing the national average of $80,070. This elevated compensation reflects the region's specific economic demands and the critical role these professionals play in managing supply chains and procurement for local industries.

Executive Summary

  • Average Salary: $88,450 per year.
  • Growth Trend: Salaries have shifted 10.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,750.
  • Outlook: The Philadelphia-Camden-Wilmington region supports a robust workforce of 9,250 Buyers and Purchasing Agents, with a location quotient of 1.02 indicating a concentration slightly above the national average. This suggests a stable and consistent demand for these professionals, underpinning a healthy job market where their expertise is valued and sought after.
2024 Market Data

Salary Overview

$88,450

The average Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+10.5%above the national average.

BreakdownBased on 40h/week
Hourly

$42.5

Weekly

$1,701

Monthly

$7,371

Buyers and Purchasing Agents Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Career progression for Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington is clearly reflected in salary potential. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles highlights opportunities for substantial career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,450$24.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,338$31.9
ManagerOversees team, compliance, and project delivery.50% (Median)$82,490$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,563$53.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$132,750$63.8

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$88,450

Gross Pay

Real Wage (Purchasing Power)

$88,450

Adjusted for COL (100)

The average annual salary of $88,450 for Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents.

Job Market Context

9,250

Total Jobs

3.224

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.02, the Philadelphia-Camden-Wilmington metropolitan area exhibits a job market for Buyers and Purchasing Agents that is very close to the national average in terms of concentration. This suggests a balanced market where demand and supply are relatively stable, offering consistent opportunities without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

The median annual salary for a Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $88,450. This typically ranges from $50,450 for entry-level positions to $132,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 10.5% higher than the national median of $80,070.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Buyers and Purchasing Agentss?

Yes, it is a lucrative place for Buyers and Purchasing Agents.The average salary of $88,450 is notably higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?

Some top paying nearby cities include Trenton-Princeton, NJ ($91,720) and Vineland, NJ.

How does the Philadelphia-Camden-Wilmington salary compare to the national average?

Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington earn an average of $88,450 annually, which is higher than the national average of $80,070.

What is the significance of the Location Quotient for this role in Philadelphia?

A Location Quotient of 1.02 indicates that the concentration of Buyers and Purchasing Agents in Philadelphia-Camden-Wilmington is slightly higher than the national average, suggesting a healthy and stable job market for this profession.

Does the cost of living affect the purchasing power of a Buyer's salary in Philadelphia?

No, the cost of living in Philadelphia-Camden-Wilmington is exactly at the national average (100), meaning the $88,450 salary provides purchasing power equivalent to the national average.

How many Buyers and Purchasing Agents are employed in the Philadelphia-Camden-Wilmington area?

There are approximately 9,250 Buyers and Purchasing Agents employed within the Philadelphia-Camden-Wilmington metropolitan area, representing 3.224 jobs per 1,000 workers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,250 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 3.224 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.