Average Buyers and Purchasing Agents Salary in Toledo, OH
In Toledo, OH, Buyers and Purchasing Agents earn an average annual salary of $74,080. This figure is slightly below the national average of $80,070, reflecting localized economic conditions and industry demand within the region. While the pay may differ from national benchmarks, understanding the specific market dynamics in Toledo is crucial for career and financial planning.
Executive Summary
- Average Salary: $74,080 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,590.
- Outlook: Toledo's market for Buyers and Purchasing Agents shows a steady presence, with a local workforce of approximately 900 professionals. The Location Quotient of 0.98 indicates that the concentration of these roles in Toledo is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these skills. With 3.084 jobs per 1,000 workers, the employment landscape is consistent, offering reliable opportunities for skilled individuals.
Salary Overview
The average Buyers and Purchasing Agents in Toledo, OH earns-7.5%below the national average.
$35.6
$1,425
$6,173
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Toledo's Buyers and Purchasing Agents is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic growth and inflation. This growth is typically driven by increasing demand for procurement expertise, evolving supply chain complexities, and the need for professionals who can navigate market fluctuations effectively.
Buyers and Purchasing Agents Salary Distribution in Toledo, OH
The salary trajectory for Buyers and Purchasing Agents in Toledo, like elsewhere, is significantly influenced by experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career progression pathways and the increasing value placed on expertise and strategic sourcing capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,060 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,560 | $26.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,220 | $31.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $92,600 | $44.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $105,590 | $50.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$74,080
Gross Pay
Real Wage (Purchasing Power)
$74,080
Adjusted for COL (100)
The nominal average salary of $74,080 in Toledo aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Buyer or Purchasing Agent's salary in Toledo is equivalent to the national average. Consequently, the $74,080 salary offers a standard of living comparable to the typical American, making Toledo an economically stable choice for professionals.
Job Market Context
900
Total Jobs
3.084
Per 1K Jobs
0.98
Location Quotient
Toledo, OH has 0.98x 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 0.98, Toledo's market for Buyers and Purchasing Agents is closely aligned with the national average in terms of concentration. This suggests a balanced job market where demand is present but not overwhelmingly high, indicating a competitive yet accessible environment for job seekers. Professionals will find a solid number of opportunities without facing the intense competition often seen in highly concentrated markets.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Buyers and Purchasing Agents Salary | $74,060↓ 0% | 20 mi |
| Ann Arbor, MI Buyers and Purchasing Agents Salary | $78,220↑ 6% | 43 mi |
| Sandusky, OH Buyers and Purchasing Agents Salary | $69,620↓ 6% | 48 mi |
| Detroit-Warren-Dearborn, MI Buyers and Purchasing Agents Salary | $82,970↑ 12% | 54 mi |
| Jackson, MI Buyers and Purchasing Agents Salary | $76,970↑ 4% | 58 mi |
Comparing salaries near Toledo, OH
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Toledo, OH?
The median annual salary for a Buyers and Purchasing Agents in Toledo, OH is $74,080. This typically ranges from $45,060 for entry-level positions to $105,590 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 7.5% lower than the national median of $80,070.
Is Toledo, OH a lucrative place for Buyers and Purchasing Agentss?
Yes, Toledo, OH offers a stable earning potential for Buyers and Purchasing Agents.The average salary of $74,080, combined with a cost of living index matching the national average, provides a comparable standard of living to the rest of the country. The market's concentration is also nearly on par with the national average, indicating consistent demand.
Is Toledo, OH a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($74,060) and Ann Arbor, MI.
How does Toledo's salary for Buyers and Purchasing Agents compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Toledo, OH is $74,080, which is slightly lower than the national average of $80,070.
What is the cost of living in Toledo, OH for Buyers and Purchasing Agents?
Toledo, OH has a Cost of Living Index of 100, which is exactly the national average. This means your salary's purchasing power is equivalent to the national standard.
How concentrated is the job market for Buyers and Purchasing Agents in Toledo?
The job market concentration, measured by the Location Quotient, is 0.98, indicating that the presence of Buyers and Purchasing Agents in Toledo is very close to the national average.
What is the total number of Buyers and Purchasing Agents employed in Toledo?
There are approximately 900 Buyers and Purchasing Agents employed in Toledo, OH.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 900 employees in the Toledo, OH area with a job density of 3.084 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 Toledo, OH