SalaryNode

Average Buyers and Purchasing Agents Salary in South Central Tennessee nonmetropolitan area

Buyers and Purchasing Agents in South Central Tennessee's nonmetropolitan area earn an impressive average annual salary of $83,790. This figure notably surpasses the national average of $80,070, indicating a strong demand and potentially specialized industry needs within the region. The localized economic landscape and specific industry requirements likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $83,790 per year.
  • Growth Trend: Salaries have shifted 34.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,170.
  • Outlook: With a total local workforce of 410 individuals in this role and a Location Quotient of 1.16, the market for Buyers and Purchasing Agents in South Central Tennessee shows a healthy concentration above the national average. This suggests a robust demand for these professionals, indicating a stable and potentially growing job market within the region.
2024 Market Data

Salary Overview

$83,790

The average Buyers and Purchasing Agents in South Central Tennessee nonmetropolitan area earns+4.6%above the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,611

Monthly

$6,983

Buyers and Purchasing Agents Salary Distribution in South Central Tennessee nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise and strategic responsibilities can command salaries in the upper percentiles, reflecting a substantial earning potential throughout their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,740$18.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,843$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$67,750$32.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,738$50.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,170$65.5

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$83,790

Gross Pay

Real Wage (Purchasing Power)

$83,790

Adjusted for COL (100)

The average annual salary of $83,790 in South Central Tennessee's nonmetropolitan area 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 average, offering a stable financial environment for residents.

Job Market Context

410

Total Jobs

3.663

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, South Central Tennessee nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A Location Quotient of 1.16 signifies that Buyers and Purchasing Agents are more concentrated in South Central Tennessee's nonmetropolitan area than the national average. This suggests a competitive yet accessible job market, where specialized skills are valued and opportunities are likely present for qualified candidates.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near South Central Tennessee nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in South Central Tennessee nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in South Central Tennessee nonmetropolitan area is $83,790. This typically ranges from $37,740 for entry-level positions to $136,170 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Tennessee nonmetropolitan area is 4.6% higher than the national median of $80,070.

Is South Central Tennessee nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

Yes, it offers above-average compensation.Buyers and Purchasing Agents in this region earn $83,790 annually, exceeding the national average. Coupled with a cost of living index matching the national average, this makes the area financially attractive for these professionals.

Is South Central Tennessee nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

The Cost of Living Index in South Central Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Central Tennessee nonmetropolitan area?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($73,820) and Clarksville, TN-KY.

How does the local workforce size impact job opportunities?

A local workforce of 410 suggests a moderate but established presence of Buyers and Purchasing Agents, indicating consistent demand and potential for career growth within the region.

What does a Location Quotient of 1.16 mean for job seekers?

A Location Quotient above 1.0 means there's a higher concentration of this profession locally compared to the national average, suggesting strong regional demand and potentially more specialized roles.

How does the Cost of Living Index affect salary perception?

With a Cost of Living Index of 100, the $83,790 salary has the same purchasing power as the national average, indicating that the compensation is fair relative to local expenses.

Are there significant salary differences based on experience?

Yes, typically, entry-level Buyers and Purchasing Agents earn less, while senior roles with greater responsibility and expertise command higher salaries, reflecting a clear career progression path.

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 South Central Tennessee nonmetropolitan area area with a job density of 3.663 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.