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Average Buyers and Purchasing Agents Salary in Southwest Virginia nonmetropolitan area

In the Southwest Virginia nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $66,690. This figure is notably below the national average of $80,070, reflecting regional economic factors and industry demand specific to this locale. The compensation is directly influenced by the concentration of related industries and the overall economic landscape of the area.

Executive Summary

  • Average Salary: $66,690 per year.
  • Growth Trend: Salaries have shifted 32.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $102,810.
  • Outlook: The job market for Buyers and Purchasing Agents in Southwest Virginia, with a total local workforce of 310, indicates a stable but not rapidly expanding sector. The Location Quotient of 0.84 suggests that while the profession is present, it is slightly less concentrated than the national average, implying a moderate demand that aligns with the workforce size.
2024 Market Data

Salary Overview

$66,690

The average Buyers and Purchasing Agents in Southwest Virginia nonmetropolitan area earns-16.7%below the national average.

BreakdownBased on 40h/week
Hourly

$32.1

Weekly

$1,283

Monthly

$5,558

Buyers and Purchasing Agents Salary Distribution in Southwest Virginia nonmetropolitan area

Career progression for Buyers and Purchasing Agents in Southwest Virginia typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles, significantly exceeding the average. These percentile gaps are key indicators of career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,400$17.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$50,018$24
ManagerOversees team, compliance, and project delivery.50% (Median)$61,980$29.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$83,363$40.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$102,810$49.4

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$66,690

Gross Pay

Real Wage (Purchasing Power)

$66,690

Adjusted for COL (100)

The nominal average salary of $66,690 in Southwest Virginia aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of living does not present a disadvantage for residents.

Job Market Context

310

Total Jobs

2.662

Per 1K Jobs

0.84

Location Quotient

Below Average

Southwest Virginia nonmetropolitan area has 0.84x 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 0.84, the market for Buyers and Purchasing Agents in Southwest Virginia is slightly less concentrated than the national average. This suggests that while the profession is established, there may be fewer specialized roles or a less competitive environment compared to more densely populated or industrially diverse regions.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Southwest Virginia nonmetropolitan area

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Southwest Virginia nonmetropolitan area is $66,690. This typically ranges from $36,400 for entry-level positions to $102,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Virginia nonmetropolitan area is 16.7% lower than the national median of $80,070.

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

No, it is not exceptionally lucrative compared to national averages.The average salary of $66,690 is below the national average, though the cost of living is also at the national average, mitigating some of the disparity.

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

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

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

Some top paying nearby cities include Charlottesville, VA ($79,070) and Richmond, VA.

How does the local salary compare to the national average?

The average salary for Buyers and Purchasing Agents in Southwest Virginia is $66,690, which is lower than the national average of $80,070.

What is the Cost of Living in Southwest Virginia compared to the nation?

The Cost of Living Index in Southwest Virginia is 100, which is exactly the national average, meaning living expenses are neither cheaper nor more expensive than the typical U.S. location.

How concentrated is the job market for Buyers and Purchasing Agents in this area?

The job market is slightly less concentrated than the national average, with a Location Quotient of 0.84, indicating a moderate presence of these roles.

What does the total local workforce number suggest?

A total local workforce of 310 suggests a defined, but not massive, pool of professionals in this role within the Southwest Virginia nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Southwest Virginia nonmetropolitan area area with a job density of 2.662 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.