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Average Buyers and Purchasing Agents Salary in Southern Michigan nonmetropolitan area

In Southern Michigan's nonmetropolitan areas, 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 regional economic factors and industry concentration play a significant role in compensation within this specific locale.

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 $103,470.
  • Outlook: The local job market for Buyers and Purchasing Agents in Southern Michigan's nonmetropolitan areas appears moderately robust, with a total workforce of 570 professionals. The Location Quotient of 1.35 indicates a higher concentration of these roles compared to the national average, suggesting a sustained demand that supports the existing workforce size.
2024 Market Data

Salary Overview

$72,880

The average Buyers and Purchasing Agents in Southern Michigan nonmetropolitan area 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 Southern Michigan nonmetropolitan area

Career progression for Buyers and Purchasing Agents in this region typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop negotiation skills, and take on more complex purchasing responsibilities, their earning potential can scale considerably, with senior roles commanding substantially higher compensation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,830$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$54,660$26.3
ManagerOversees team, compliance, and project delivery.50% (Median)$67,970$32.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$91,100$43.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,470$49.7

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 nominal average salary of $72,880 in Southern Michigan's nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national standard, offering a stable financial environment for residents without the added pressure of higher or lower living expenses.

Job Market Context

570

Total Jobs

4.271

Per 1K Jobs

1.35

Location Quotient

Above Average

With a location quotient of 1.35, Southern Michigan nonmetropolitan area has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

With a Location Quotient of 1.35, Southern Michigan's nonmetropolitan areas exhibit a higher concentration of Buyers and Purchasing Agents than the national average. This suggests a more specialized and potentially competitive market for these professionals, where their skills are in greater demand relative to the overall employment landscape.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Southern Michigan nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Southern Michigan nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Southern Michigan nonmetropolitan area is $72,880. This typically ranges from $45,830 for entry-level positions to $103,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Michigan nonmetropolitan area is 9.0% lower than the national median of $80,070.

Is Southern Michigan nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, not exceptionally lucrative compared to the national average.While the average salary of $72,880 is respectable, it falls short of the national average of $80,070. However, the cost of living being at the national average provides good purchasing power.

Is Southern Michigan nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

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

Where are the highest paying cities near Southern Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($79,420) and Saginaw, MI.

How does the local workforce size impact job opportunities?

A local workforce of 570 indicates a moderate-sized pool of professionals, suggesting a stable but not overly saturated job market for Buyers and Purchasing Agents in the region.

What does a Location Quotient of 1.35 signify?

A Location Quotient of 1.35 means that Buyers and Purchasing Agents are 35% more concentrated in Southern Michigan's nonmetropolitan areas than the national average, indicating a stronger presence and demand for these roles.

How does the Cost of Living Index affect the salary?

With a Cost of Living Index of 100, the $72,880 salary has the same purchasing power as the national average, making it a fair reflection of living expenses in the area.

Are there many jobs per 1,000 workers for this role?

The figure of 4.271 jobs per 1,000 workers suggests a healthy presence of Buyer and Purchasing Agent roles within the local economy, relative to the overall employment figures.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Southern Michigan nonmetropolitan area area with a job density of 4.271 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.