SalaryNode

Average Buyers and Purchasing Agents Salary in Southwest Maine nonmetropolitan area

In the Southwest Maine nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $64,440. This figure falls notably below the national average of $80,070, suggesting that regional economic factors and industry demand play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $64,440 per year.
  • Growth Trend: Salaries have shifted 8.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $98,550.
  • Outlook: The job market for Buyers and Purchasing Agents in Southwest Maine is characterized by a modest workforce of 270 individuals. With a Location Quotient of 0.6, this indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the demand may not be as robust as in more metropolitan or industrially concentrated regions.
2024 Market Data

Salary Overview

$64,440

The average Buyers and Purchasing Agents in Southwest Maine nonmetropolitan area earns-19.5%below the national average.

BreakdownBased on 40h/week
Hourly

$31

Weekly

$1,239

Monthly

$5,370

Buyers and Purchasing Agents Salary Distribution in Southwest Maine nonmetropolitan area

Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, demanding greater negotiation skills, strategic sourcing, and vendor management expertise, command higher compensation. The percentile gaps in salary distribution clearly signify these opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,650$17.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$48,330$23.2
ManagerOversees team, compliance, and project delivery.50% (Median)$61,410$29.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$80,550$38.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$98,550$47.4

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$64,440

Gross Pay

Real Wage (Purchasing Power)

$64,440

Adjusted for COL (100)

The average annual salary of $64,440 in Southwest Maine aligns precisely 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 this income is equivalent to the national standard, indicating that the cost of essential goods and services is comparable.

Job Market Context

270

Total Jobs

1.909

Per 1K Jobs

0.6

Location Quotient

Below Average

Southwest Maine nonmetropolitan area has 0.60x 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 0.6 for Buyers and Purchasing Agents in Southwest Maine signifies that this profession is less concentrated in this region compared to the national average. This suggests a less competitive market in terms of the sheer number of professionals vying for available positions, but also implies a potentially smaller pool of specialized talent for employers.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Southwest Maine nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Southwest Maine nonmetropolitan area?

The median annual salary for a Buyers and Purchasing Agents in Southwest Maine nonmetropolitan area is $64,440. This typically ranges from $35,650 for entry-level positions to $98,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 19.5% lower than the national median of $80,070.

Is Southwest Maine nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?

No, it is not considered a lucrative place compared to the national average.The average salary of $64,440 is significantly lower than the national average of $80,070. While the cost of living is at the national average, the lower nominal pay reduces overall earning potential.

Is Southwest Maine nonmetropolitan area a good place to live for Buyers and Purchasing Agents?

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

Where are the highest paying cities near Southwest Maine nonmetropolitan area?

Some top paying nearby cities include Bangor, ME ($68,560) and Lewiston-Auburn, ME.

How does the local workforce size affect job prospects?

A smaller local workforce of 270 suggests fewer overall positions, potentially leading to more competition for each opening, although the lower concentration (LQ 0.6) might balance this out by indicating less overall demand.

What does a Location Quotient of 0.6 mean for Buyers and Purchasing Agents?

A Location Quotient of 0.6 indicates that there are fewer Buyers and Purchasing Agents per worker in Southwest Maine compared to the national average, suggesting a less specialized or in-demand market for this role in the region.

How does the cost of living impact the salary?

With a Cost of Living Index of 100, the local expenses are average. This means the $64,440 salary has the same purchasing power as the national average salary, making the lower nominal pay less impactful on daily life costs.

What is the typical career path for a Buyer or Purchasing Agent?

Career paths often start with entry-level roles and progress to senior positions through gaining experience in negotiation, supply chain management, and strategic sourcing, with corresponding salary increases at each level.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Southwest Maine nonmetropolitan area area with a job density of 1.909 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.