Average Buyers and Purchasing Agents Salary in Racine-Mount Pleasant, WI
In Racine-Mount Pleasant, WI, Buyers and Purchasing Agents earn an average annual salary of $74,770. This figure is slightly below the national average of $80,070, reflecting a localized compensation structure influenced by regional economic factors and industry demand. While the nominal salary may appear lower, it's crucial to consider the local economic landscape when evaluating earning potential.
Executive Summary
- Average Salary: $74,770 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $101,880.
- Outlook: The local market for Buyers and Purchasing Agents in Racine-Mount Pleasant, WI, shows a notable concentration, with a Location Quotient of 1.33, indicating a presence that is 33% higher than the national average. With 4.203 jobs per 1,000 workers and a total local workforce of 320 in this role, the demand appears stable and potentially growing within this specific geographic area.
Salary Overview
The average Buyers and Purchasing Agents in Racine-Mount Pleasant, WI earns-6.6%below the national average.
$36
$1,438
$6,231
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Racine-Mount Pleasant is not provided, it is generally observed that salaries for Buyers and Purchasing Agents across the nation have seen consistent growth over the past four years. This trend is typically driven by inflation, increased demand for procurement expertise, and the evolving complexities of supply chain management, suggesting a positive trajectory for compensation in this field.
Buyers and Purchasing Agents Salary Distribution in Racine-Mount Pleasant, WI
Salary progression for Buyers and Purchasing Agents in Racine-Mount Pleasant, WI, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive negotiation skills and strategic sourcing expertise can command significantly higher salaries. The percentile gaps in earnings clearly signify career advancement opportunities, rewarding accumulated knowledge and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,720 | $23.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,078 | $27 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,610 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,463 | $44.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $101,880 | $49 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$74,770
Gross Pay
Real Wage (Purchasing Power)
$74,770
Adjusted for COL (100)
The average annual salary of $74,770 in Racine-Mount Pleasant, WI, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, suggesting that the nominal salary is adequate for maintaining a standard of living comparable to other regions across the United States.
Job Market Context
320
Total Jobs
4.203
Per 1K Jobs
1.33
Location Quotient
With a location quotient of 1.33, Racine-Mount Pleasant, WI has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.33 for Buyers and Purchasing Agents in Racine-Mount Pleasant, WI, signifies a higher concentration of these professionals compared to the national average. This suggests a robust local demand or a specialized industry presence that favors procurement roles, potentially leading to more competitive opportunities for skilled individuals within the region.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Buyers and Purchasing Agents Salary | $73,010↓ 2% | 10 mi |
| Milwaukee-Waukesha, WI Buyers and Purchasing Agents Salary | $76,300↑ 2% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Buyers and Purchasing Agents Salary | $79,180↑ 6% | 59 mi |
| Janesville-Beloit, WI Buyers and Purchasing Agents Salary | $71,560↓ 4% | 61 mi |
| Sheboygan, WI Buyers and Purchasing Agents Salary | $78,540↑ 5% | 70 mi |
Comparing salaries near Racine-Mount Pleasant, WI
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Racine-Mount Pleasant, WI?
The median annual salary for a Buyers and Purchasing Agents in Racine-Mount Pleasant, WI is $74,770. This typically ranges from $48,720 for entry-level positions to $101,880 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 6.6% lower than the national median of $80,070.
Is Racine-Mount Pleasant, WI a lucrative place for Buyers and Purchasing Agentss?
Yes, with caveats.The average salary of $74,770 is competitive when considering the national average Cost of Living Index of 100. However, it is slightly below the national average salary for the role.
Is Racine-Mount Pleasant, WI a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($73,010) and Milwaukee-Waukesha, WI.
How does the Racine-Mount Pleasant salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Racine-Mount Pleasant, WI, is $74,770, which is approximately $5,300 less than the national average of $80,070.
What is the significance of the Location Quotient in Racine-Mount Pleasant?
A Location Quotient of 1.33 indicates that Buyers and Purchasing Agents are 33% more concentrated in Racine-Mount Pleasant, WI, than the national average, suggesting a stronger local presence and demand for this profession.
Does the cost of living affect the salary in Racine-Mount Pleasant?
No, the cost of living in Racine-Mount Pleasant, WI, is exactly at the national average (100), meaning the $74,770 salary has average purchasing power nationally.
How many Buyers and Purchasing Agents are there in Racine-Mount Pleasant?
There are approximately 320 Buyers and Purchasing Agents employed in the Racine-Mount Pleasant, WI, area, representing 4.203 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 320 employees in the Racine-Mount Pleasant, WI area with a job density of 4.203 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 Racine-Mount Pleasant, WI