Average Buyers and Purchasing Agents Salary in Southside Virginia nonmetropolitan area
In the Southside Virginia nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $67,170. This figure is notably below the national average of $80,070, reflecting the unique economic dynamics and regional demand specific to this nonmetropolitan locale. Factors such as industry concentration and the overall economic output of the region play a significant role in shaping compensation levels for these crucial procurement professionals.
Executive Summary
- Average Salary: $67,170 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,790.
- Outlook: The local job market for Buyers and Purchasing Agents in Southside Virginia, while not as concentrated as the national average with a Location Quotient of 0.8, supports a workforce of 260 professionals. The presence of 2.511 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these roles within the region. This suggests a stable employment landscape for experienced individuals, with opportunities likely tied to the growth of local industries that rely on effective purchasing strategies.
Salary Overview
The average Buyers and Purchasing Agents in Southside Virginia nonmetropolitan area earns-16.1%below the national average.
$32.3
$1,292
$5,598
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 in Southside Virginia have experienced gradual growth over the past four years, mirroring national trends. Economic development initiatives and shifts in supply chain management practices likely contribute to a steady upward trajectory in compensation, aiming to attract and retain skilled professionals in this vital economic sector.
Buyers and Purchasing Agents Salary Distribution in Southside Virginia nonmetropolitan area
Salary progression for Buyers and Purchasing Agents in Southside Virginia is typically tied to experience and demonstrated expertise. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record in negotiation, cost reduction, and strategic sourcing can command significantly higher salaries, reaching into the upper percentiles. These percentile gaps clearly signify the career advancement opportunities available within the purchasing and procurement field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $38,730 | $18.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,378 | $24.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,580 | $30.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $83,963 | $40.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,790 | $48 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$67,170
Gross Pay
Real Wage (Purchasing Power)
$67,170
Adjusted for COL (100)
The nominal average salary of $67,170 in Southside Virginia 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 standard, offering a stable financial footing for residents. While the salary is lower than the national average, the equivalent cost of living suggests that the take-home pay effectively supports a comparable lifestyle to that experienced in higher-cost national areas.
Job Market Context
260
Total Jobs
2.511
Per 1K Jobs
0.8
Location Quotient
Southside Virginia nonmetropolitan area has 0.80x 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 0.8, the market for Buyers and Purchasing Agents in Southside Virginia is slightly less concentrated than the national average. This indicates that while the profession is present and necessary, it is not a dominant industry within the region. The job market can be considered moderately competitive, with opportunities available but perhaps fewer than in areas with a higher concentration of procurement-focused businesses.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Buyers and Purchasing Agents Salary | $79,070↑ 18% | 25 mi |
| Richmond, VA Buyers and Purchasing Agents Salary | $83,950↑ 25% | 41 mi |
| Staunton-Stuarts Draft, VA Buyers and Purchasing Agents Salary | $66,310↓ 1% | 56 mi |
| Harrisonburg, VA Buyers and Purchasing Agents Salary | $65,260↓ 3% | 60 mi |
| Lynchburg, VA Buyers and Purchasing Agents Salary | $70,090↑ 4% | 61 mi |
Comparing salaries near Southside Virginia nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Southside Virginia nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Southside Virginia nonmetropolitan area is $67,170. This typically ranges from $38,730 for entry-level positions to $99,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southside Virginia nonmetropolitan area is 16.1% lower than the national median of $80,070.
Is Southside Virginia 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 $67,170 is significantly lower than the national average of $80,070. However, the cost of living is also at the national average, mitigating some of the disparity in purchasing power.
Is Southside Virginia nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Southside Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southside Virginia nonmetropolitan area?
Some top paying nearby cities include Charlottesville, VA ($79,070) and Richmond, VA.
How does the local workforce size affect job opportunities?
A local workforce of 260 suggests a moderate number of available positions. While not a large market, it indicates consistent demand within the region's existing industries.
What does a Location Quotient of 0.8 mean for Buyers and Purchasing Agents?
A Location Quotient of 0.8 signifies that the concentration of Buyers and Purchasing Agents in Southside Virginia is slightly below the national average. This implies a stable but not exceptionally high demand for these roles.
How does the cost of living impact the $67,170 salary?
With a Cost of Living Index of 100, the $67,170 salary has the same purchasing power as the national average. This means that despite the lower nominal salary, the local expenses are comparable to the national standard.
Are there many jobs per 1,000 workers for this role in Southside Virginia?
There are 2.511 jobs per 1,000 workers, indicating a steady presence of these roles within the local economy, though not an overwhelming abundance.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Southside Virginia nonmetropolitan area area with a job density of 2.511 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 Southside Virginia nonmetropolitan area