Average Buyers and Purchasing Agents Salary in South Central Kentucky nonmetropolitan area
In the South Central Kentucky nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $59,750. This figure is notably below the national average of $80,070, reflecting regional economic factors and the specific demand dynamics within this nonmetropolitan labor market. The localized nature of supply chains and industry concentration significantly influences compensation levels for these critical procurement roles.
Executive Summary
- Average Salary: $59,750 per year.
- Growth Trend: Salaries have shifted 11.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,570.
- Outlook: The job market for Buyers and Purchasing Agents in South Central Kentucky is characterized by a modest workforce of 380 professionals. With a Location Quotient of 0.71, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding demand. The presence of 2.241 jobs per 1,000 workers indicates a consistent need for these specialists within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in South Central Kentucky nonmetropolitan area earns-25.4%below the national average.
$28.7
$1,149
$4,979
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across nonmetropolitan areas like South Central Kentucky have experienced gradual growth over the past four years. This trend is typically driven by inflation, increasing complexity in supply chain management, and a growing recognition of the strategic importance of effective procurement in maintaining business operations and profitability.
Buyers and Purchasing Agents Salary Distribution in South Central Kentucky nonmetropolitan area
Career progression for Buyers and Purchasing Agents in South Central Kentucky typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings signify the substantial rewards associated with advancing through junior, mid-level, and senior purchasing roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,680 | $17.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $44,813 | $21.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $55,590 | $26.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $74,688 | $35.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,570 | $42.6 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$59,750
Gross Pay
Real Wage (Purchasing Power)
$59,750
Adjusted for COL (100)
The nominal average salary of $59,750 in South Central Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national standard, offering a balanced financial landscape for professionals considering relocation or residing in the area. While the salary is lower than the national average, the stable cost of living mitigates some of the impact.
Job Market Context
380
Total Jobs
2.241
Per 1K Jobs
0.71
Location Quotient
South Central Kentucky nonmetropolitan area 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.
The Location Quotient of 0.71 for Buyers and Purchasing Agents in South Central Kentucky indicates that this profession is less concentrated than the national average. This suggests that while there is a steady demand for these roles, the market may not be saturated, potentially offering good opportunities for skilled individuals. However, it also implies that the overall volume of these positions is lower compared to more metropolitan or industrially dense regions.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Buyers and Purchasing Agents Salary | $70,990↑ 19% | 28 mi |
| Elizabethtown, KY Buyers and Purchasing Agents Salary | $68,440↑ 15% | 66 mi |
| Louisville/Jefferson County, KY-IN Buyers and Purchasing Agents Salary | $69,880↑ 17% | 72 mi |
| Cincinnati, OH-KY-IN Buyers and Purchasing Agents Salary | $77,750↑ 30% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in South Central Kentucky nonmetropolitan area is $59,750. This typically ranges from $36,680 for entry-level positions to $88,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 25.4% lower than the national median of $80,070.
Is South Central Kentucky nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, it is not considered particularly lucrative compared to national standards.The average salary of $59,750 is significantly lower than the national average of $80,070. While the cost of living is on par with the national average, the lower nominal wage limits the overall lucrativeness of the role in this region.
Is South Central Kentucky nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($70,990) and Elizabethtown, KY.
How does the local workforce size affect job opportunities?
A local workforce of 380 suggests a smaller, more specialized job market. While this can mean less competition for experienced professionals, it also indicates fewer overall openings compared to larger metropolitan areas.
What does a Location Quotient of 0.71 mean for job seekers?
A Location Quotient below 1.0 signifies that Buyers and Purchasing Agents are less concentrated in South Central Kentucky than the national average. This could translate to a more stable job market with consistent demand, but potentially fewer advanced or specialized roles.
How does the Cost of Living Index impact salary perception?
With a Cost of Living Index of 100, the $59,750 salary in South Central Kentucky offers the same purchasing power as the national average. This means that despite the lower nominal salary, the cost of essential goods and services is comparable to the rest of the country.
What is the typical career path for a Buyer in this region?
Career paths generally involve progressing from entry-level purchasing roles to more senior positions, with salary increases reflecting added experience, responsibility, and negotiation skills. Opportunities may be found in local manufacturing, agriculture, or retail sectors.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the South Central Kentucky nonmetropolitan area area with a job density of 2.241 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 South Central Kentucky nonmetropolitan area