SalaryNode

Average Buyers and Purchasing Agents Salary in Tennessee

Buyers and Purchasing Agents in Tennessee earn an average annual salary of $70,630, which is below the national average of $80,070. This difference is influenced by various regional economic factors, including the overall demand for procurement professionals and the state's unique industrial landscape.

Executive Summary

  • Average Salary: $70,630 per year.
  • Growth Trend: Salaries have shifted 13.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,880.
  • Outlook: With a local workforce of 12,600 Buyers and Purchasing Agents, Tennessee demonstrates a significant presence in this sector. The location quotient of 1.22 indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing job market within the state that warrants attention.
2024 Market Data

Salary Overview

$70,630

The average Buyers and Purchasing Agents in Tennessee earns-11.8%below the national average.

BreakdownBased on 40h/week
Hourly

$34

Weekly

$1,358

Monthly

$5,886

Buyers and Purchasing Agents Salary Distribution in Tennessee

Salary progression for Buyers and Purchasing Agents in Tennessee typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, requiring extensive negotiation skills and market knowledge, can command significantly higher salaries, often reaching into the upper percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,230$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$52,973$25.5
ManagerOversees team, compliance, and project delivery.50% (Median)$63,690$30.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$88,288$42.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$107,880$51.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$70,630

Gross Pay

Real Wage (Purchasing Power)

$78,131

Adjusted for COL (90.4)

The average salary of $70,630 in Tennessee is particularly attractive when considering the state's cost of living index of 90.4, which is below the national average. This means that the purchasing power of the nominal salary is effectively higher, allowing professionals to enjoy a better standard of living compared to more expensive states.

Job Market Context

12,600

Total Jobs

3.848

Per 1K Jobs

1.22

Location Quotient

Above Average

With a location quotient of 1.22, Tennessee has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.

A location quotient of 1.22 signifies that Buyers and Purchasing Agents are more concentrated in Tennessee than the national average. This suggests a competitive yet abundant job market, where employers may have a steady pool of talent, but also indicates a strong demand for these specialized roles within the state's economy.

Nearby Job Markets

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Tennessee?

The median annual salary for a Buyers and Purchasing Agents in Tennessee is $70,630. This typically ranges from $39,230 for entry-level positions to $107,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tennessee is 11.8% lower than the national median of $80,070.

Is Tennessee a lucrative place for Buyers and Purchasing Agentss?

Yes, especially when considering the cost of living.While the average salary is below the national average, Tennessee's lower cost of living index means your earnings can go further. The strong concentration of these roles also indicates a healthy job market.

Is Tennessee a good place to live for Buyers and Purchasing Agents?

With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Tennessee?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($73,820) and Clarksville, TN-KY.

How does the number of jobs per 1,000 workers compare nationally?

Tennessee has 3.848 jobs per 1,000 workers for Buyers and Purchasing Agents, which is slightly above the national average, indicating a good density of opportunities.

What is the significance of the location quotient (LQ) for this role in Tennessee?

An LQ of 1.22 means that Buyers and Purchasing Agents are 22% more concentrated in Tennessee than the national average, suggesting a specialized demand for these professionals within the state.

How does the cost of living in Tennessee affect the salary?

With a cost of living index of 90.4, Tennessee is more affordable than the national average. This makes the $70,630 salary more valuable in terms of real purchasing power.

What is the total number of Buyers and Purchasing Agents employed in Tennessee?

There are approximately 12,600 Buyers and Purchasing Agents employed in Tennessee, representing a substantial segment of the state's workforce in procurement roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,600 employees in the Tennessee area with a job density of 3.848 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.