Average Buyers and Purchasing Agents Salary in Santa Fe, NM
In Santa Fe, NM, Buyers and Purchasing Agents earn an average annual salary of $75,750. This figure is slightly below the national average of $80,070, indicating a localized compensation structure influenced by regional economic factors and industry demand within the Santa Fe metropolitan area.
Executive Summary
- Average Salary: $75,750 per year.
- Growth Trend: Salaries have shifted 45.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $111,890.
- Outlook: The local job market for Buyers and Purchasing Agents in Santa Fe, NM, appears stable, with a total workforce of 200 professionals. The Location Quotient of 1.03 suggests a concentration of these roles that is very close to the national average, implying a steady, albeit not rapidly expanding, demand for these essential procurement specialists.
Salary Overview
The average Buyers and Purchasing Agents in Santa Fe, NM earns-5.4%below the national average.
$36.4
$1,457
$6,313
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Santa Fe is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents have experienced a gradual upward trend over the past four years, mirroring national economic growth and the increasing complexity of supply chain management. This general trend likely reflects adjustments for inflation and evolving market demands.
Buyers and Purchasing Agents Salary Distribution in Santa Fe, NM
Career progression for Buyers and Purchasing Agents in Santa Fe, NM, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive negotiation and strategic sourcing expertise can command salaries in the higher percentiles, reflecting their value and contribution to organizational efficiency.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,360 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,813 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $71,740 | $34.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,688 | $45.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $111,890 | $53.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$75,750
Gross Pay
Real Wage (Purchasing Power)
$75,750
Adjusted for COL (100)
The average annual salary of $75,750 in Santa Fe, NM, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer or Purchasing Agent's salary in Santa Fe is equivalent to the national average, offering a stable financial outlook without significant adjustments needed for cost of living differences.
Job Market Context
200
Total Jobs
3.264
Per 1K Jobs
1.03
Location Quotient
With a location quotient of 1.03, Santa Fe, NM has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
With a Location Quotient of 1.03, the market for Buyers and Purchasing Agents in Santa Fe, NM, is neither exceptionally concentrated nor sparse compared to the national landscape. This suggests a balanced job market where opportunities exist, but the competition is likely moderate, reflecting a stable demand that closely matches the national average distribution of these roles.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Buyers and Purchasing Agents Salary | $83,400↑ 10% | 54 mi |
| Eastern New Mexico nonmetropolitan area Buyers and Purchasing Agents Salary | $78,330↑ 3% | 59 mi |
| Northern New Mexico nonmetropolitan area Buyers and Purchasing Agents Salary | $78,150↑ 3% | 59 mi |
Comparing salaries near Santa Fe, NM
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Santa Fe, NM?
The median annual salary for a Buyers and Purchasing Agents in Santa Fe, NM is $75,750. This typically ranges from $48,360 for entry-level positions to $111,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Santa Fe, NM is 5.4% lower than the national median of $80,070.
Is Santa Fe, NM a lucrative place for Buyers and Purchasing Agents?
Yes, Santa Fe, NM offers a stable earning potential for Buyers and Purchasing Agents.The average salary of $75,750 aligns with the national cost of living, providing equivalent purchasing power. The market concentration is stable, indicating consistent demand for these professionals.
Is Santa Fe, NM a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Santa Fe, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Santa Fe, NM?
Some top paying nearby cities include Albuquerque, NM ($83,400) and Eastern New Mexico nonmetropolitan area.
How does Santa Fe's average salary compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Santa Fe, NM, is $75,750, which is slightly lower than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in Santa Fe?
Santa Fe has a Location Quotient of 1.03 for Buyers and Purchasing Agents, indicating a concentration very close to the national average.
How does the cost of living in Santa Fe affect salary perception?
With a Cost of Living Index of 100 (the national average), the $75,750 salary in Santa Fe offers purchasing power equivalent to the national average.
What does the total local workforce number imply?
A total local workforce of 200 Buyers and Purchasing Agents suggests a moderately sized professional community within Santa Fe, contributing to a stable job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Santa Fe, NM area with a job density of 3.264 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 Santa Fe, NM
- All Occupations Salary in Santa Fe, NM
- Office and Administrative Support Occupations Salary in Santa Fe, NM
- Food Preparation and Serving Related Occupations Salary in Santa Fe, NM
- Sales and Related Occupations Salary in Santa Fe, NM
- Business and Financial Operations Occupations Salary in Santa Fe, NM
- Management Occupations Salary in Santa Fe, NM
- Healthcare Practitioners and Technical Occupations Salary in Santa Fe, NM
- Transportation and Material Moving Occupations Salary in Santa Fe, NM
- Educational Instruction and Library Occupations Salary in Santa Fe, NM
- Building and Grounds Cleaning and Maintenance Occupations Salary in Santa Fe, NM
- Browse All Jobs in Santa Fe, NM →
Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Santa Fe, NM