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Average Buyers and Purchasing Agents Salary in South Dakota

In South Dakota, Buyers and Purchasing Agents earn an average annual salary of $74,220. This figure is slightly below the national average of $80,070, reflecting regional economic factors and the specific demand within the state's industries. The unique economic landscape of South Dakota influences compensation for these crucial procurement roles.

Executive Summary

  • Average Salary: $74,220 per year.
  • Growth Trend: Salaries have shifted 16.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $101,620.
  • Outlook: The market for Buyers and Purchasing Agents in South Dakota appears stable, with a local workforce of 1,230 professionals. The Location Quotient of 0.86 suggests a concentration slightly below the national average, indicating a steady but not oversaturated demand for these roles within the state's economy. The presence of nearly 3 professionals per 1,000 workers signifies a consistent need for procurement expertise.
2024 Market Data

Salary Overview

$74,220

The average Buyers and Purchasing Agents in South Dakota earns-7.3%below the national average.

BreakdownBased on 40h/week
Hourly

$35.7

Weekly

$1,427

Monthly

$6,185

Buyers and Purchasing Agents Salary Distribution in South Dakota

Career progression for Buyers and Purchasing Agents in South Dakota typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, demanding greater strategic oversight and negotiation expertise, command higher compensation. The percentile gaps in salary distribution highlight the substantial rewards associated with advancing through the ranks and accumulating specialized knowledge.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,780$25.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,665$26.8
ManagerOversees team, compliance, and project delivery.50% (Median)$68,930$33.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,775$44.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$101,620$48.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$74,220

Gross Pay

Real Wage (Purchasing Power)

$80,850

Adjusted for COL (91.8)

The nominal salary of $74,220 in South Dakota presents a favorable financial picture when considering the local Cost of Living Index of 91.8. This index is below the national average of 100, meaning that everyday expenses such as housing, utilities, and transportation are generally more affordable. Consequently, the purchasing power of a Buyer and Purchasing Agent's salary in South Dakota is likely higher than the national average, offering a good quality of life.

Job Market Context

1,230

Total Jobs

2.713

Per 1K Jobs

0.86

Location Quotient

Below Average

South Dakota has 0.86x 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 0.86, the job market for Buyers and Purchasing Agents in South Dakota is slightly less concentrated than the national average. This suggests that while the profession is established, there may be opportunities for skilled individuals to enter the market without facing intense competition. The demand is present, but the supply of professionals is not disproportionately high, indicating a balanced environment for job seekers.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in South Dakota?

The median annual salary for a Buyers and Purchasing Agents in South Dakota is $74,220. This typically ranges from $52,780 for entry-level positions to $101,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Dakota is 7.3% lower than the national median of $80,070.

Is South Dakota a lucrative place for Buyers and Purchasing Agents?

Yes, with a strong cost of living advantage.While the average salary is slightly below the national average, the significantly lower cost of living in South Dakota enhances the purchasing power of the $74,220 salary. This makes it a financially attractive location for these professionals.

Is South Dakota a good place to live for Buyers and Purchasing Agents?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

What is the average salary for Buyers and Purchasing Agents in South Dakota?

The average annual salary for Buyers and Purchasing Agents in South Dakota is $74,220.

How does South Dakota's salary compare to the national average?

The average salary in South Dakota ($74,220) is slightly lower than the national average ($80,070).

What is the Cost of Living Index in South Dakota?

South Dakota has a Cost of Living Index of 91.8, which is below the national average of 100, indicating a more affordable lifestyle.

How concentrated is the market for Buyers and Purchasing Agents in South Dakota?

The market concentration, measured by the Location Quotient, is 0.86, suggesting a slightly lower concentration of these professionals compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the South Dakota area with a job density of 2.713 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 South Dakota