Average Buyers and Purchasing Agents Salary in Rockford, IL
In Rockford, IL, Buyers and Purchasing Agents earn an average annual salary of $74,200. This figure is slightly below the national average of $80,070, a common occurrence in markets where local economic factors and industry concentration influence compensation structures. The specific demand and supply dynamics within the Rockford region play a significant role in shaping this salary benchmark.
Executive Summary
- Average Salary: $74,200 per year.
- Growth Trend: Salaries have shifted 16.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $100,350.
- Outlook: With a local workforce of 410 individuals in this role, Rockford presents a stable, albeit not exceptionally concentrated, market for Buyers and Purchasing Agents. The Location Quotient of 0.94 indicates that the concentration of these professionals in Rockford is very close to the national average, suggesting a steady demand that aligns with the general U.S. employment landscape for this occupation.
Salary Overview
The average Buyers and Purchasing Agents in Rockford, IL earns-7.3%below the national average.
$35.7
$1,427
$6,183
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Rockford is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the region have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving supply chain complexities typically drive upward pressure on compensation for professionals managing procurement and purchasing functions.
Buyers and Purchasing Agents Salary Distribution in Rockford, IL
Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions may start considerably lower than the average, while senior roles, often involving greater responsibility and strategic oversight, can command salaries well above the $74,200 mark. The percentile gaps in salary distribution reflect these opportunities for advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,030 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,650 | $26.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $70,670 | $34 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,750 | $44.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $100,350 | $48.2 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$74,200
Gross Pay
Real Wage (Purchasing Power)
$74,200
Adjusted for COL (100)
The average annual salary of $74,200 in Rockford, IL, is perfectly balanced by a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Buyer and Purchasing Agent's salary in Rockford is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
410
Total Jobs
2.979
Per 1K Jobs
0.94
Location Quotient
Rockford, IL has 0.94x 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 0.94 suggests that Rockford, IL, has a job market for Buyers and Purchasing Agents that is nearly on par with the national average in terms of concentration. This indicates a healthy, competitive market where opportunities exist without being overwhelmingly saturated, providing a balanced environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Buyers and Purchasing Agents Salary | $71,560↓ 4% | 30 mi |
| Madison, WI Buyers and Purchasing Agents Salary | $76,100↑ 3% | 59 mi |
| Kenosha, WI Buyers and Purchasing Agents Salary | $73,010↓ 2% | 65 mi |
| Racine-Mount Pleasant, WI Buyers and Purchasing Agents Salary | $74,770↑ 1% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Buyers and Purchasing Agents Salary | $79,180↑ 7% | 78 mi |
Comparing salaries near Rockford, IL
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Rockford, IL?
The median annual salary for a Buyers and Purchasing Agents in Rockford, IL is $74,200. This typically ranges from $47,030 for entry-level positions to $100,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 7.3% lower than the national median of $80,070.
Is Rockford, IL a lucrative place for Buyers and Purchasing Agents?
Yes, Rockford, IL offers a balanced financial environment for Buyers and Purchasing Agents.The average salary of $74,200 aligns perfectly with the national average cost of living, ensuring stable purchasing power. The market concentration is also close to the national average, indicating consistent demand.
Is Rockford, IL a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($71,560) and Madison, WI.
How does the Rockford salary compare to the national average?
The average salary for Buyers and Purchasing Agents in Rockford, IL is $74,200, which is slightly lower than the national average of $80,070.
What is the job market like for Buyers and Purchasing Agents in Rockford?
The market is stable with a workforce of 410 professionals and a concentration (Location Quotient) of 0.94, indicating it's close to the national average.
Does the cost of living affect the Rockford salary?
No, the cost of living in Rockford is exactly at the national average (100), meaning the $74,200 salary has the same purchasing power as the national average salary.
How many Buyers and Purchasing Agents are there in Rockford per 1,000 workers?
There are approximately 2.979 Buyers and Purchasing Agents per 1,000 workers in Rockford, IL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Rockford, IL area with a job density of 2.979 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 Rockford, IL
- All Occupations Salary in Rockford, IL
- Production Occupations Salary in Rockford, IL
- Transportation and Material Moving Occupations Salary in Rockford, IL
- Office and Administrative Support Occupations Salary in Rockford, IL
- Food Preparation and Serving Related Occupations Salary in Rockford, IL
- Sales and Related Occupations Salary in Rockford, IL
- Healthcare Practitioners and Technical Occupations Salary in Rockford, IL
- Management Occupations Salary in Rockford, IL
- Educational Instruction and Library Occupations Salary in Rockford, IL
- Healthcare Support Occupations Salary in Rockford, IL
- Browse All Jobs in Rockford, IL →
Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Rockford, IL