Average Buyers and Purchasing Agents Salary in Southern Indiana nonmetropolitan area
Buyers and Purchasing Agents in Southern Indiana's nonmetropolitan areas earn an average annual salary of $71,520. This figure is notably below the national average of $80,070, reflecting regional economic factors and the specific demand dynamics within this locale. The concentration of these roles and the overall economic landscape contribute to this localized pay scale.
Executive Summary
- Average Salary: $71,520 per year.
- Growth Trend: Salaries have shifted 8.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,260.
- Outlook: With a local workforce of 730 Buyers and Purchasing Agents, the job market in Southern Indiana's nonmetropolitan areas demonstrates a stable presence. The Location Quotient of 1.18 suggests a slightly higher concentration of these roles compared to the national average, indicating a moderate but consistent demand for professionals in procurement and supply chain management within this region.
Salary Overview
The average Buyers and Purchasing Agents in Southern Indiana nonmetropolitan area earns-10.7%below the national average.
$34.4
$1,375
$5,960
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, inflation, and evolving supply chain complexities likely contributed to incremental increases in compensation for these essential roles.
Buyers and Purchasing Agents Salary Distribution in Southern Indiana nonmetropolitan area
Career progression for Buyers and Purchasing Agents in Southern Indiana's nonmetropolitan areas typically involves salary increases tied to experience and responsibility. Entry-level positions might start closer to the lower percentiles, while senior agents with extensive experience and specialized skills can command salaries significantly higher, reflecting the value of their expertise in negotiation and strategic sourcing. The salary distribution likely shows a widening gap between junior and senior roles, signifying clear career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,200 | $20.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,640 | $25.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,540 | $30.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,400 | $43 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,260 | $53 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$71,520
Gross Pay
Real Wage (Purchasing Power)
$71,520
Adjusted for COL (100)
The nominal average salary of $71,520 in Southern Indiana's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Buyer or Purchasing Agent's salary in this region is equivalent to that of their national counterparts, offering a stable financial standing relative to everyday expenses.
Job Market Context
730
Total Jobs
3.724
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Southern Indiana nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.18 indicates that Buyers and Purchasing Agents are slightly more concentrated in Southern Indiana's nonmetropolitan areas than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is present and potentially growing, offering a good balance for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Indianapolis-Carmel-Greenwood, IN Buyers and Purchasing Agents Salary | $76,460↑ 7% | 8 mi |
| Kokomo, IN Buyers and Purchasing Agents Salary | $74,470↑ 4% | 43 mi |
| Columbus, IN Buyers and Purchasing Agents Salary | $70,260↓ 2% | 48 mi |
| Bloomington, IN Buyers and Purchasing Agents Salary | $76,610↑ 7% | 49 mi |
| Lafayette-West Lafayette, IN Buyers and Purchasing Agents Salary | $72,820↑ 2% | 50 mi |
Comparing salaries near Southern Indiana nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Southern Indiana nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Southern Indiana nonmetropolitan area is $71,520. This typically ranges from $43,200 for entry-level positions to $110,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern Indiana nonmetropolitan area is 10.7% lower than the national median of $80,070.
Is Southern Indiana nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, but it offers stable purchasing power.While the average salary of $71,520 is below the national average, the cost of living is also at the national average, meaning your earnings hold comparable purchasing power. The job market shows a slightly higher concentration than the national average, indicating steady demand.
Is Southern Indiana nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern Indiana nonmetropolitan area?
Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($76,460) and Kokomo, IN.
How does the local workforce size impact job opportunities?
A local workforce of 730 suggests a significant number of established positions, indicating a stable job market for Buyers and Purchasing Agents in the region.
What does a Location Quotient of 1.18 signify?
A Location Quotient of 1.18 means that Buyers and Purchasing Agents are 18% more concentrated in this area than the national average, suggesting a slightly higher demand or a more specialized industry presence.
How does the Cost of Living Index affect the salary?
With a Cost of Living Index of 100, the $71,520 salary offers purchasing power equivalent to the national average, making it a fair compensation relative to expenses.
Are there significant salary differences based on experience?
Yes, typically, more experienced Buyers and Purchasing Agents command higher salaries due to increased responsibilities and expertise, with percentile gaps reflecting career growth.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Southern Indiana nonmetropolitan area area with a job density of 3.724 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 Southern Indiana nonmetropolitan area