Average Buyers and Purchasing Agents Salary in Providence-Warwick, RI-MA
Buyers and Purchasing Agents in the Providence-Warwick, RI-MA area earn an average annual salary of $82,190, slightly exceeding the national average of $80,070. This localized premium is often influenced by the specific industrial mix and demand within the region, reflecting the unique economic drivers that shape compensation for procurement professionals.
Executive Summary
- Average Salary: $82,190 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,120.
- Outlook: With a local workforce of 2,020 Buyers and Purchasing Agents, Providence-Warwick demonstrates a stable presence in this sector. The Location Quotient of 0.91 suggests a concentration that is nearly on par with the national average, indicating a healthy and consistent demand for these roles within the local economy, without being overly saturated.
Salary Overview
The average Buyers and Purchasing Agents in Providence-Warwick, RI-MA earns+2.6%above the national average.
$39.5
$1,581
$6,849
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Providence-Warwick is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for skilled professionals, and evolving supply chain complexities that necessitate expert purchasing strategies.
Buyers and Purchasing Agents Salary Distribution in Providence-Warwick, RI-MA
Career progression for Buyers and Purchasing Agents in Providence-Warwick, RI-MA typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior roles, commanding higher salaries, are found in the upper percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,060 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,643 | $29.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,130 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,738 | $49.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,120 | $59.7 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$82,190
Gross Pay
Real Wage (Purchasing Power)
$82,190
Adjusted for COL (100)
The average annual salary of $82,190 in Providence-Warwick, RI-MA 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's salary in this area is equivalent to the national standard, offering a balanced financial landscape for residents.
Job Market Context
2,020
Total Jobs
2.858
Per 1K Jobs
0.91
Location Quotient
Providence-Warwick, RI-MA has 0.91x 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.
A Location Quotient of 0.91 indicates that the concentration of Buyers and Purchasing Agents in Providence-Warwick, RI-MA is very close to the national average. This suggests a competitive yet accessible job market, where opportunities are readily available for qualified candidates, and the demand is stable relative to the size of the national workforce in this profession.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Massachusetts nonmetropolitan area Buyers and Purchasing Agents Salary | $84,070↑ 2% | 29 mi |
| Worcester, MA Buyers and Purchasing Agents Salary | $79,680↓ 3% | 37 mi |
| Boston-Cambridge-Newton, MA-NH Buyers and Purchasing Agents Salary | $93,540↑ 14% | 38 mi |
| Norwich-New London-Willimantic, CT Buyers and Purchasing Agents Salary | $85,520↑ 4% | 39 mi |
| Barnstable Town, MA Buyers and Purchasing Agents Salary | $74,280↓ 10% | 58 mi |
Comparing salaries near Providence-Warwick, RI-MA
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Providence-Warwick, RI-MA?
The median annual salary for a Buyers and Purchasing Agents in Providence-Warwick, RI-MA is $82,190. This typically ranges from $48,060 for entry-level positions to $124,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 2.6% higher than the national median of $80,070.
Is Providence-Warwick, RI-MA a lucrative place for Buyers and Purchasing Agentss?
Yes, it offers a salary slightly above the national average with a cost of living that matches the national average.The average salary of $82,190 is higher than the national average, and with a cost of living index of 100, your earnings maintain strong purchasing power.
Is Providence-Warwick, RI-MA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Massachusetts nonmetropolitan area ($84,070) and Worcester, MA.
What is the average salary for Buyers and Purchasing Agents in Providence-Warwick, RI-MA?
The average annual salary for Buyers and Purchasing Agents in Providence-Warwick, RI-MA is $82,190.
How does the Providence-Warwick salary compare to the national average?
The average salary in Providence-Warwick ($82,190) is slightly higher than the national average ($80,070).
What is the Cost of Living Index in Providence-Warwick, RI-MA?
The Cost of Living Index in Providence-Warwick, RI-MA is 100, which is the national average.
How concentrated is the job market for Buyers and Purchasing Agents in this area?
The job market concentration, indicated by a Location Quotient of 0.91, is very close to the national average, suggesting a stable and competitive market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,020 employees in the Providence-Warwick, RI-MA area with a job density of 2.858 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 Providence-Warwick, RI-MA