Average Buyers and Purchasing Agents Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC
Buyers and Purchasing Agents in the Virginia Beach-Chesapeake-Norfolk, VA-NC area earn an impressive average annual salary of $82,050, surpassing the national average of $80,070. This elevated compensation is likely driven by the region's specific industrial demands and the concentration of businesses requiring skilled procurement professionals.
Executive Summary
- Average Salary: $82,050 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $122,320.
- Outlook: The local job market for Buyers and Purchasing Agents in Virginia Beach-Chesapeake-Norfolk, VA-NC appears robust, with a total workforce of 4,040 individuals in this role. The location quotient of 1.7 indicates a significantly higher concentration of these jobs compared to the national average, suggesting strong and sustained demand within the region.
Salary Overview
The average Buyers and Purchasing Agents in Virginia Beach-Chesapeake-Norfolk, VA-NC earns+2.5%above the national average.
$39.5
$1,578
$6,838
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in the Virginia Beach-Chesapeake-Norfolk, VA-NC area have experienced steady growth over the past four years, mirroring national trends. This growth is typically fueled by inflation, increasing demand for procurement expertise, and the evolving complexities of supply chain management.
Buyers and Purchasing Agents Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC
Career progression for Buyers and Purchasing Agents in this region typically correlates with increased salary. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries significantly above the average. The percentile gaps in earnings clearly signify the substantial career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,720 | $22.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,538 | $29.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $76,230 | $36.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $102,563 | $49.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $122,320 | $58.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$82,050
Gross Pay
Real Wage (Purchasing Power)
$82,050
Adjusted for COL (100)
With an average annual salary of $82,050 and a Cost of Living Index of 100, the nominal salary in Virginia Beach-Chesapeake-Norfolk, VA-NC perfectly aligns with the national average cost of living. This means that the purchasing power of the salary is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
4,040
Total Jobs
5.356
Per 1K Jobs
1.7
Location Quotient
Virginia Beach-Chesapeake-Norfolk, VA-NC 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.
The location quotient of 1.7 for Buyers and Purchasing Agents in Virginia Beach-Chesapeake-Norfolk, VA-NC signifies a market that is 70% more concentrated than the national average. This suggests a competitive yet abundant job market, where demand for these professionals is notably higher than in many other parts of the country, potentially leading to more opportunities and favorable negotiation leverage for candidates.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Buyers and Purchasing Agents Salary | $83,950↑ 2% | 96 mi |
Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median annual salary for a Buyers and Purchasing Agents in Virginia Beach-Chesapeake-Norfolk, VA-NC is $82,050. This typically ranges from $46,720 for entry-level positions to $122,320 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 2.5% higher than the national median of $80,070.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Buyers and Purchasing Agentss?
Yes, it is a lucrative area for Buyers and Purchasing Agents.The average salary of $82,050 is higher than the national average, and the strong concentration of these roles (LQ of 1.7) indicates significant demand and potential for competitive compensation.
Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?
Some top paying nearby cities include Richmond, VA ($83,950) and others.
How does the Virginia Beach salary compare to the national average?
The average annual salary for Buyers and Purchasing Agents in Virginia Beach-Chesapeake-Norfolk, VA-NC is $82,050, which is higher than the national average of $80,070.
What is the concentration of Buyers and Purchasing Agents in this region?
The region has a location quotient of 1.7, meaning there are significantly more Buyers and Purchasing Agents jobs per worker than the national average.
How does the cost of living affect the salary in Virginia Beach?
The Cost of Living Index is 100, which is the national average. This means the $82,050 salary has the same purchasing power as the national average salary in relation to the cost of living.
What is the total number of Buyers and Purchasing Agents in the Virginia Beach area?
There are approximately 4,040 Buyers and Purchasing Agents employed in the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,040 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 5.356 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 Virginia Beach-Chesapeake-Norfolk, VA-NC