Average Buyers and Purchasing Agents Salary in Southwest Colorado nonmetropolitan area
In the Southwest Colorado nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $71,170. This figure is notably below the national average of $80,070, reflecting regional economic factors and industry concentration. The specific demand and compensation structures within this locale contribute to this divergence from the national trend.
Executive Summary
- Average Salary: $71,170 per year.
- Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,550.
- Outlook: With a local workforce of 250 individuals in this role, the market for Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan area presents a stable, albeit niche, employment landscape. The Location Quotient of 0.74 suggests a slightly lower concentration of these professionals compared to the national average, indicating a steady but not rapidly expanding demand.
Salary Overview
The average Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan area earns-11.1%below the national average.
$34.2
$1,369
$5,931
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan areas have experienced gradual growth over the past four years, mirroring national trends of increasing compensation driven by inflation and evolving market demands. This suggests a positive trajectory for earning potential in the region.
Buyers and Purchasing Agents Salary Distribution in Southwest Colorado nonmetropolitan area
Career progression for Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan area typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles command salaries in the higher percentiles, reflecting expanded responsibilities and expertise. The gap between these percentiles highlights the substantial earning potential as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,440 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,378 | $25.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $63,100 | $30.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $88,963 | $42.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,550 | $49.3 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$71,170
Gross Pay
Real Wage (Purchasing Power)
$71,170
Adjusted for COL (100)
The average annual salary of $71,170 in Southwest Colorado nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the effective financial standing comparable.
Job Market Context
250
Total Jobs
2.348
Per 1K Jobs
0.74
Location Quotient
Southwest Colorado nonmetropolitan area has 0.74x 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.
A Location Quotient of 0.74 indicates that Buyers and Purchasing Agents are less concentrated in the Southwest Colorado nonmetropolitan area than the national average. This suggests that while the profession is present, it is not a dominant industry, potentially leading to a less competitive job market for employers seeking talent, but also fewer opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Buyers and Purchasing Agents Salary | $87,360↑ 23% | 32 mi |
| Denver-Aurora-Centennial, CO Buyers and Purchasing Agents Salary | $90,170↑ 27% | 54 mi |
| Pueblo, CO Buyers and Purchasing Agents Salary | $69,070↓ 3% | 66 mi |
| Boulder, CO Buyers and Purchasing Agents Salary | $93,950↑ 32% | 67 mi |
| Greeley, CO Buyers and Purchasing Agents Salary | $78,470↑ 10% | 98 mi |
Comparing salaries near Southwest Colorado nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Southwest Colorado nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan area is $71,170. This typically ranges from $44,440 for entry-level positions to $102,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Colorado nonmetropolitan area is 11.1% lower than the national median of $80,070.
Is Southwest Colorado nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, not significantly more lucrative than the national average.While the cost of living is on par with the national average, the average salary of $71,170 is below the national average of $80,070. The lower concentration of these roles (LQ of 0.74) also suggests a less robust market.
Is Southwest Colorado nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Southwest Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($87,360) and Denver-Aurora-Centennial, CO.
What is the average salary for Buyers and Purchasing Agents in Southwest Colorado nonmetropolitan area?
The average annual salary for Buyers and Purchasing Agents in this region is $71,170.
How does the Southwest Colorado nonmetropolitan area salary compare to the national average?
The average salary in Southwest Colorado nonmetropolitan area ($71,170) is lower than the national average ($80,070).
What is the Cost of Living in Southwest Colorado nonmetropolitan area?
The Cost of Living Index for Southwest Colorado nonmetropolitan area is 100, which is the national average.
How concentrated are Buyers and Purchasing Agents jobs in this area?
The concentration of Buyers and Purchasing Agents jobs, indicated by a Location Quotient of 0.74, is slightly below 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 250 employees in the Southwest Colorado nonmetropolitan area area with a job density of 2.348 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 Southwest Colorado nonmetropolitan area