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Average Buyers and Purchasing Agents Salary in Sioux Falls, SD-MN

In Sioux Falls, SD-MN, Buyers and Purchasing Agents earn an average annual salary of $72,880. This figure is notably below the national average of $80,070, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation levels within this region.

Executive Summary

  • Average Salary: $72,880 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,260.
  • Outlook: The Sioux Falls, SD-MN market for Buyers and Purchasing Agents appears stable, with a local workforce of 390 professionals. The Location Quotient of 0.71 indicates a slightly lower concentration of these roles compared to the national average, suggesting a steady but not exceptionally high demand for these specialized skills within the immediate area.
2024 Market Data

Salary Overview

$72,880

The average Buyers and Purchasing Agents in Sioux Falls, SD-MN earns-9.0%below the national average.

BreakdownBased on 40h/week
Hourly

$35

Weekly

$1,402

Monthly

$6,073

Buyers and Purchasing Agents Salary Distribution in Sioux Falls, SD-MN

Career progression for Buyers and Purchasing Agents in Sioux Falls, SD-MN, is typically marked by increasing earning potential. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized knowledge can command salaries significantly higher, reflecting the value of their expertise and negotiation skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,290$25.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,660$26.3
ManagerOversees team, compliance, and project delivery.50% (Median)$69,450$33.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,100$43.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$98,260$47.2

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$72,880

Gross Pay

Real Wage (Purchasing Power)

$72,880

Adjusted for COL (100)

The average annual salary of $72,880 in Sioux Falls, SD-MN, 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 and Purchasing Agent's salary in Sioux Falls is equivalent to the national standard, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

390

Total Jobs

2.237

Per 1K Jobs

0.71

Location Quotient

Below Average

Sioux Falls, SD-MN has 0.71x 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 0.71, the market for Buyers and Purchasing Agents in Sioux Falls, SD-MN, is less concentrated than the national average. This suggests that while opportunities exist, the field is not oversaturated, potentially offering a competitive environment for skilled professionals seeking to establish or advance their careers in this region.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

CitySalaryDist.
Sioux City, IA-NE-SD Buyers and Purchasing Agents Salary$75,460↑ 4%74 mi

Comparing salaries near Sioux Falls, SD-MN

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Sioux Falls, SD-MN?

The median annual salary for a Buyers and Purchasing Agents in Sioux Falls, SD-MN is $72,880. This typically ranges from $52,290 for entry-level positions to $98,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sioux Falls, SD-MN is 9.0% lower than the national median of $80,070.

Is Sioux Falls, SD-MN a lucrative place for Buyers and Purchasing Agentss?

No, it is not exceptionally lucrative compared to the national average.Buyers and Purchasing Agents in Sioux Falls earn $72,880 annually, which is below the national average of $80,070. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.

Is Sioux Falls, SD-MN a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in Sioux Falls, SD-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sioux Falls, SD-MN?

Some top paying nearby cities include Sioux City, IA-NE-SD ($75,460) and others.

How does the Sioux Falls salary compare to the national average?

The average salary for Buyers and Purchasing Agents in Sioux Falls, SD-MN is $72,880, which is lower than the national average of $80,070.

What is the Cost of Living in Sioux Falls, SD-MN?

The Cost of Living Index in Sioux Falls, SD-MN is 100, which is exactly the national average.

How concentrated is the market for Buyers and Purchasing Agents in Sioux Falls?

The market concentration, measured by the Location Quotient, is 0.71, indicating it is less concentrated than the national average.

How many Buyers and Purchasing Agents work in Sioux Falls?

There are approximately 390 Buyers and Purchasing Agents employed in the Sioux Falls, SD-MN area.

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 Sioux Falls, SD-MN area with a job density of 2.237 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Sioux Falls, SD-MN