Average Buyers and Purchasing Agents Salary in Rhode Island
Buyers and Purchasing Agents in Rhode Island earn an impressive average annual salary of $84,690, surpassing the national average of $80,070. This elevated compensation reflects the state's specific economic landscape and the demand for skilled procurement professionals within its industries.
Executive Summary
- Average Salary: $84,690 per year.
- Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,500.
- Outlook: With a local workforce of 1,350 Buyers and Purchasing Agents, Rhode Island supports a significant segment of this profession. The location quotient of 0.86 suggests a presence that is slightly below the national average concentration, indicating a stable yet potentially growing demand for these roles within the state's economy.
Salary Overview
The average Buyers and Purchasing Agents in Rhode Island earns+5.8%above the national average.
$40.7
$1,629
$7,058
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 Rhode Island have experienced a steady upward trend over the past four years, mirroring national economic growth and increasing demand for procurement expertise.
Buyers and Purchasing Agents Salary Distribution in Rhode Island
The salary trajectory for Buyers and Purchasing Agents in Rhode Island typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting significant career progression and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,240 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,518 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,110 | $37.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,863 | $50.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,500 | $61.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$84,690
Gross Pay
Real Wage (Purchasing Power)
$75,616
Adjusted for COL (112)
An average annual salary of $84,690 in Rhode Island is notably strong when considering the state's Cost of Living Index of 112. While this indicates that living expenses are 12% higher than the national average, the higher salary likely provides a comfortable standard of living for these professionals.
Job Market Context
1,350
Total Jobs
2.731
Per 1K Jobs
0.86
Location Quotient
Rhode Island has 0.86x 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.
Rhode Island's location quotient of 0.86 for Buyers and Purchasing Agents indicates that the profession is slightly less concentrated than the national average. This suggests a balanced market where demand is consistent, and while not oversaturated, there are ample opportunities for qualified individuals to find employment.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Buyers and Purchasing Agents Salary | $82,190↓ 3% | 11 mi |
| Norwich-New London-Willimantic, CT Buyers and Purchasing Agents Salary | $85,520↑ 1% | 31 mi |
| Massachusetts nonmetropolitan area Buyers and Purchasing Agents Salary | $84,070↓ 1% | 38 mi |
| Worcester, MA Buyers and Purchasing Agents Salary | $79,680↓ 6% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Buyers and Purchasing Agents Salary | $93,540↑ 10% | 49 mi |
Comparing salaries near Rhode Island
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Rhode Island?
The median annual salary for a Buyers and Purchasing Agents in Rhode Island is $84,690. This typically ranges from $49,240 for entry-level positions to $128,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 5.8% higher than the national median of $80,070.
Is Rhode Island a lucrative place for Buyers and Purchasing Agentss?
Yes, Rhode Island offers a lucrative environment for Buyers and Purchasing Agents.The average salary of $84,690 significantly exceeds the national average, and while the cost of living is higher, the compensation generally supports a strong purchasing power.
Is Rhode Island a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($82,190) and Norwich-New London-Willimantic, CT.
How does Rhode Island's salary for Buyers compare to the national average?
Buyers and Purchasing Agents in Rhode Island earn an average of $84,690 annually, which is approximately $4,620 more than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Rhode Island?
The location quotient for Buyers and Purchasing Agents in Rhode Island is 0.86, indicating that the profession is slightly less concentrated in the state compared to the national average.
How does the cost of living in Rhode Island affect the salary?
Rhode Island has a Cost of Living Index of 112, meaning it is 12% more expensive to live there than the national average. The higher salary helps to offset these increased living costs.
What is the total number of Buyers and Purchasing Agents in Rhode Island?
There are approximately 1,350 Buyers and Purchasing Agents employed in Rhode Island.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,350 employees in the Rhode Island area with a job density of 2.731 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Buyers and Purchasing Agents Salaries by State
Top Jobs in Rhode Island
- All Occupations Salary in Rhode Island
- Office and Administrative Support Occupations Salary in Rhode Island
- Food Preparation and Serving Related Occupations Salary in Rhode Island
- Sales and Related Occupations Salary in Rhode Island
- Business and Financial Operations Occupations Salary in Rhode Island
- Healthcare Practitioners and Technical Occupations Salary in Rhode Island
- Educational Instruction and Library Occupations Salary in Rhode Island
- Transportation and Material Moving Occupations Salary in Rhode Island
- Management Occupations Salary in Rhode Island
- Production Occupations Salary in Rhode Island
- Browse All Jobs in Rhode Island →
Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Rhode Island