Average Buyers and Purchasing Agents Salary in Rochester, MN
Buyers and Purchasing Agents in Rochester, MN, command an impressive average annual salary of $86,370, surpassing the national average of $80,070. This elevated compensation is often a reflection of the specific industry demands and the specialized skill sets required within the Rochester economic landscape, potentially driven by its robust healthcare and manufacturing sectors.
Executive Summary
- Average Salary: $86,370 per year.
- Growth Trend: Salaries have shifted 35.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,860.
- Outlook: The job market for Buyers and Purchasing Agents in Rochester, MN, appears stable, with a local workforce of 300 professionals. The Location Quotient of 0.78 suggests a slightly lower concentration compared to the national average, indicating a steady but not overly saturated demand for these roles within the region.
Salary Overview
The average Buyers and Purchasing Agents in Rochester, MN earns+7.9%above the national average.
$41.5
$1,661
$7,198
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 Rochester, MN, have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is likely driven by inflation, increasing demand for procurement expertise, and the evolving complexities of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Rochester, MN
Career progression for Buyers and Purchasing Agents in Rochester, MN, is strongly correlated with experience. Entry-level positions typically start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized knowledge can command salaries in the higher percentiles. This salary scaling reflects the increasing responsibility, strategic input, and negotiation prowess expected in senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,890 | $26.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,778 | $31.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $87,010 | $41.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,963 | $51.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,860 | $60 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$86,370
Gross Pay
Real Wage (Purchasing Power)
$86,370
Adjusted for COL (100)
Relocating to Rochester, MN, as a Buyer or Purchasing Agent presents a financially sound proposition. The average annual salary of $86,370 aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means your earnings will likely maintain their purchasing power, allowing for a comparable standard of living to the rest of the country.
Job Market Context
300
Total Jobs
2.472
Per 1K Jobs
0.78
Location Quotient
Rochester, MN has 0.78x 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.
With a Location Quotient of 0.78, Rochester, MN, has a slightly lower concentration of Buyers and Purchasing Agents than the national average. This suggests that while the profession is present and valued, the market may offer a good balance between job availability and competition, potentially providing ample opportunities for skilled professionals without overwhelming saturation.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| La Crosse-Onalaska, WI-MN Buyers and Purchasing Agents Salary | $70,360↓ 19% | 64 mi |
| Eau Claire, WI Buyers and Purchasing Agents Salary | $72,880↓ 16% | 74 mi |
| Mankato, MN Buyers and Purchasing Agents Salary | $75,470↓ 13% | 75 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Buyers and Purchasing Agents Salary | $90,870↑ 5% | 77 mi |
Comparing salaries near Rochester, MN
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Rochester, MN?
The median annual salary for a Buyers and Purchasing Agents in Rochester, MN is $86,370. This typically ranges from $54,890 for entry-level positions to $124,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, MN is 7.9% higher than the national median of $80,070.
Is Rochester, MN a lucrative place for Buyers and Purchasing Agentss?
Yes, Rochester, MN offers a lucrative environment for Buyers and Purchasing Agents.The average salary of $86,370 significantly exceeds the national average, and the cost of living remains at the national benchmark, ensuring strong purchasing power for these professionals.
Is Rochester, MN a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Rochester, MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, MN?
Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($70,360) and Eau Claire, WI.
How does the local workforce size impact job opportunities?
A local workforce of 300 indicates a moderately sized professional community, suggesting a stable demand for Buyers and Purchasing Agents without extreme competition.
What does a Location Quotient of 0.78 signify?
A Location Quotient of 0.78 means that Rochester, MN, has fewer Buyers and Purchasing Agents per worker than the national average, implying a potentially less competitive market.
How does the Cost of Living in Rochester, MN compare nationally?
Rochester, MN, has a Cost of Living Index of 100, which is exactly the national average, meaning your salary will have standard purchasing power.
What is the average number of Buyers and Purchasing Agents jobs per 1,000 workers in Rochester, MN?
There are approximately 2.472 jobs per 1,000 workers for Buyers and Purchasing Agents in Rochester, MN, indicating a consistent presence in the local labor market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Rochester, MN area with a job density of 2.472 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 Rochester, MN