Average Buyers and Purchasing Agents Salary in Trenton-Princeton, NJ
Buyers and Purchasing Agents in the Trenton-Princeton, NJ area earn an impressive average annual salary of $91,720. This figure significantly surpasses the national average of $80,070, indicating a strong demand and potentially higher cost of doing business within this specific metropolitan region. Local economic factors and industry concentration likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $91,720 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,810.
- Outlook: With a local workforce of 750 Buyers and Purchasing Agents, Trenton-Princeton demonstrates a stable presence in this sector. The Location Quotient of 0.99 suggests that the concentration of these roles is nearly on par with the national average, implying a consistent, albeit not exceptionally concentrated, demand for these professionals within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Trenton-Princeton, NJ earns+14.5%above the national average.
$44.1
$1,764
$7,643
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Buyers and Purchasing Agents in Trenton-Princeton has experienced growth over the past four years, mirroring national trends. Economic expansion and evolving supply chain complexities typically drive up compensation for skilled procurement professionals.
Buyers and Purchasing Agents Salary Distribution in Trenton-Princeton, NJ
Career progression for Buyers and Purchasing Agents in Trenton-Princeton is typically marked by increasing salary levels. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, with extensive experience and strategic responsibilities, can command salaries significantly above the average. The percentile gaps in earnings reflect this clear pathway for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,570 | $30.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,790 | $33.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,000 | $41.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $114,650 | $55.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,810 | $61.4 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$91,720
Gross Pay
Real Wage (Purchasing Power)
$91,720
Adjusted for COL (100)
The average annual salary of $91,720 in Trenton-Princeton aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Buyer's salary in this region is equivalent to the national average, suggesting that while the nominal salary is higher, the cost of living does not inflate expenses beyond what the national average would entail.
Job Market Context
750
Total Jobs
3.12
Per 1K Jobs
0.99
Location Quotient
Trenton-Princeton, NJ has 0.99x 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 0.99 indicates that Trenton-Princeton has a job market for Buyers and Purchasing Agents that is very closely aligned with the national average in terms of concentration. This suggests a balanced market where opportunities exist, but the field is not overly saturated or exceptionally scarce compared to other regions across the country.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Buyers and Purchasing Agents Salary | $88,450↓ 4% | 28 mi |
| Allentown-Bethlehem-Easton, PA-NJ Buyers and Purchasing Agents Salary | $75,840↓ 17% | 45 mi |
| New York-Newark-Jersey City, NY-NJ Buyers and Purchasing Agents Salary | $92,170↑ 0% | 52 mi |
| Vineland, NJ Buyers and Purchasing Agents Salary | $80,410↓ 12% | 54 mi |
| Atlantic City-Hammonton, NJ Buyers and Purchasing Agents Salary | $80,790↓ 12% | 61 mi |
Comparing salaries near Trenton-Princeton, NJ
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Trenton-Princeton, NJ?
The median annual salary for a Buyers and Purchasing Agents in Trenton-Princeton, NJ is $91,720. This typically ranges from $62,570 for entry-level positions to $127,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Trenton-Princeton, NJ is 14.5% higher than the national median of $80,070.
Is Trenton-Princeton, NJ a lucrative place for Buyers and Purchasing Agents?
Yes, it is a lucrative place.The average salary of $91,720 is notably higher than the national average, and the cost of living is at the national average, offering strong purchasing power.
Is Trenton-Princeton, NJ a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Trenton-Princeton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Trenton-Princeton, NJ?
Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($88,450) and Allentown-Bethlehem-Easton, PA-NJ.
How does the local workforce size impact job prospects for Buyers and Purchasing Agents in Trenton-Princeton?
The local workforce of 750 suggests a solid base of employment for these roles, indicating consistent demand and a stable job market within the region.
What does a Location Quotient of 0.99 signify for Buyers and Purchasing Agents in Trenton-Princeton?
A Location Quotient of 0.99 means the concentration of Buyers and Purchasing Agents in Trenton-Princeton is almost identical to the national average, implying a typical level of competition and availability of jobs.
How does experience affect salary for Buyers and Purchasing Agents in this area?
Experience significantly impacts earnings, with entry-level positions offering lower salaries and senior roles commanding substantially higher compensation, reflecting increased responsibility and expertise.
Is the higher salary in Trenton-Princeton offset by the cost of living?
No, the higher salary is balanced by a Cost of Living Index of 100, meaning your earnings in Trenton-Princeton will have the same purchasing power as the national average salary in a national average cost of living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Trenton-Princeton, NJ area with a job density of 3.12 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 Trenton-Princeton, NJ