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Average Buyers and Purchasing Agents Salary in Reading, PA

In Reading, Pennsylvania, Buyers and Purchasing Agents earn an average annual salary of $72,650. This figure is notably below the national average of $80,070, suggesting that local market dynamics, such as industry demand and cost of doing business, play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $72,650 per year.
  • Growth Trend: Salaries have shifted 14.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $105,180.
  • Outlook: The local market for Buyers and Purchasing Agents in Reading, PA, comprises a workforce of 390 professionals. With a Location Quotient of 0.73, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand relative to other occupations in the area. The presence of 2.296 jobs per 1,000 workers suggests a consistent need for these procurement specialists.
2024 Market Data

Salary Overview

$72,650

The average Buyers and Purchasing Agents in Reading, PA earns-9.3%below the national average.

BreakdownBased on 40h/week
Hourly

$34.9

Weekly

$1,397

Monthly

$6,054

Buyers and Purchasing Agents Salary Distribution in Reading, PA

Career progression for Buyers and Purchasing Agents in Reading, PA, is typically marked by increasing salary potential. Entry-level positions may start closer to 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 salary gap between junior and senior roles reflects the accumulation of expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,940$20.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,488$26.2
ManagerOversees team, compliance, and project delivery.50% (Median)$68,500$32.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$90,813$43.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$105,180$50.6

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$72,650

Gross Pay

Real Wage (Purchasing Power)

$72,650

Adjusted for COL (100)

The average salary of $72,650 in Reading, PA, aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of essential goods and services in Reading is neither a significant advantage nor a disadvantage compared to the rest of the country.

Job Market Context

390

Total Jobs

2.296

Per 1K Jobs

0.73

Location Quotient

Below Average

Reading, PA has 0.73x 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 0.73 for Buyers and Purchasing Agents in Reading, PA, indicates that this profession is slightly less concentrated than the national average. This suggests that while the role is present and necessary, the market may not be saturated, potentially offering opportunities for skilled professionals. However, it also implies that the demand might be more moderate compared to regions with a higher concentration.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Reading, PA?

The median annual salary for a Buyers and Purchasing Agents in Reading, PA is $72,650. This typically ranges from $42,940 for entry-level positions to $105,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Reading, PA is 9.3% lower than the national median of $80,070.

Is Reading, PA a lucrative place for Buyers and Purchasing Agents?

No, Reading, PA is not currently a highly lucrative place for Buyers and Purchasing Agents compared to the national average.The average salary of $72,650 is below the national average of $80,070, and the location quotient suggests a slightly lower concentration of these roles than the national benchmark.

Is Reading, PA a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Reading, PA?

Some top paying nearby cities include Lebanon, PA ($69,640) and Lancaster, PA.

How does the cost of living in Reading, PA affect the salary?

With a Cost of Living Index of 100, the national average, the $72,650 salary in Reading, PA, provides purchasing power equivalent to the national average, meaning it is neither significantly enhanced nor diminished by local living expenses.

What is the job market like for Buyers and Purchasing Agents in Reading, PA?

The job market is stable, with a workforce of 390 and a slightly below-average concentration (LQ of 0.73), indicating consistent but not booming demand for these professionals.

Can experience significantly increase a Buyer or Purchasing Agent's salary in Reading, PA?

Yes, experience is a key factor in salary growth, with senior roles commanding higher pay than entry-level positions, reflecting increased responsibility and expertise.

How does Reading, PA's salary compare to nearby major cities?

While specific data for nearby cities isn't provided, the $72,650 average suggests that Reading, PA, may offer lower compensation than larger metropolitan areas which often have higher salaries due to increased demand and cost of living.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Reading, PA area with a job density of 2.296 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.