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Average Buyers and Purchasing Agents Salary in Virginia

Buyers and Purchasing Agents in Virginia earn an impressive average annual salary of $92,180, significantly outpacing the national average of $80,070. This elevated compensation is likely driven by the state's robust industrial sectors and strategic economic importance, which necessitate a skilled procurement workforce.

Executive Summary

  • Average Salary: $92,180 per year.
  • Growth Trend: Salaries have shifted 10.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $145,300.
  • Outlook: With a substantial local workforce of 21,370 individuals and a Location Quotient of 1.66, Virginia demonstrates a strong and concentrated demand for Buyers and Purchasing Agents. This indicates a market where these professionals are not only present in significant numbers but are also more prevalent than the national average, suggesting a healthy and active job market.
2024 Market Data

Salary Overview

$92,180

The average Buyers and Purchasing Agents in Virginia earns+15.1%above the national average.

BreakdownBased on 40h/week
Hourly

$44.3

Weekly

$1,773

Monthly

$7,682

Buyers and Purchasing Agents Salary Distribution in Virginia

Salary progression for Buyers and Purchasing Agents in Virginia typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive negotiation and supply chain management expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,630$23.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$69,135$33.2
ManagerOversees team, compliance, and project delivery.50% (Median)$84,520$40.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$115,225$55.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$145,300$69.9

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$92,180

Gross Pay

Real Wage (Purchasing Power)

$90,907

Adjusted for COL (101.4)

The average annual salary of $92,180 in Virginia presents a favorable financial outlook when considering the local Cost of Living Index of 101.4. While slightly above the national average, this salary comfortably compensates for the marginal increase in living expenses, suggesting that purchasing power remains strong for these professionals in the state.

Job Market Context

21,370

Total Jobs

5.257

Per 1K Jobs

1.66

Location Quotient

Major Hub

Virginia has 1.7x the national concentration of Buyers and Purchasing Agents jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.66 signifies that Buyers and Purchasing Agents are 66% more concentrated in Virginia than the national average. This indicates a highly specialized and potentially competitive market, where employers actively seek out talent with specific procurement expertise relevant to the state's dominant industries.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

Comparing salaries near Virginia

Hiring Buyers and Purchasing Agentss?

Frequently Asked Questions

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

The median annual salary for a Buyers and Purchasing Agents in Virginia is $92,180. This typically ranges from $48,630 for entry-level positions to $145,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia is 15.1% higher than the national median of $80,070.

Is Virginia a lucrative place for Buyers and Purchasing Agentss?

Yes, Virginia offers a lucrative environment for Buyers and Purchasing Agents.The average salary significantly exceeds the national average, and the cost of living is only marginally higher, ensuring strong purchasing power.

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

The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia?

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

How does Virginia's average salary compare to the national average for this role?

Virginia's average salary of $92,180 is substantially higher than the national average of $80,070, indicating a premium for these professionals in the state.

What does the Location Quotient of 1.66 mean for job seekers?

A Location Quotient of 1.66 suggests that Buyers and Purchasing Agents are more concentrated in Virginia than nationally, implying a robust demand and potentially more specialized job opportunities.

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

With a Cost of Living Index of 101.4, Virginia is only slightly more expensive than the national average. The $92,180 salary offers good real value and purchasing power.

What is the total workforce size for Buyers and Purchasing Agents in Virginia?

Virginia employs a significant workforce of 21,370 Buyers and Purchasing Agents, reflecting the importance of procurement roles within the state's economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 21,370 employees in the Virginia area with a job density of 5.257 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.