Average Buyers and Purchasing Agents Salary in Waco, TX
In Waco, Texas, Buyers and Purchasing Agents earn an average annual salary of $72,140. This figure is notably below the national average of $80,070, reflecting localized economic conditions and demand specific to the Waco metropolitan area. Factors such as the regional industry mix and the overall cost of doing business in Central Texas play a significant role in shaping compensation for these vital procurement roles.
Executive Summary
- Average Salary: $72,140 per year.
- Growth Trend: Salaries have shifted 32.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $115,530.
- Outlook: The job market for Buyers and Purchasing Agents in Waco, TX, is characterized by a workforce of 290 professionals. With a Location Quotient of 0.72, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand relative to other occupations. The presence of 2.27 jobs per 1,000 workers indicates a consistent need for these professionals within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in Waco, TX earns-9.9%below the national average.
$34.7
$1,387
$6,012
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for Waco is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across the nation, and likely in Waco, have experienced steady growth over the past four years. This trend is driven by inflation, increasing complexity in supply chains, and the continuous need for skilled professionals to manage procurement effectively.
Buyers and Purchasing Agents Salary Distribution in Waco, TX
Salary progression for Buyers and Purchasing Agents in Waco, TX, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise in negotiation, supply chain management, and strategic sourcing can command salaries in the higher percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated knowledge and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,080 | $20.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,105 | $26 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,060 | $31.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,175 | $43.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $115,530 | $55.5 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$72,140
Gross Pay
Real Wage (Purchasing Power)
$72,140
Adjusted for COL (100)
The average annual salary of $72,140 in Waco, TX, aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Buyer or Purchasing Agent's salary in Waco is equivalent to that of their national counterparts, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
290
Total Jobs
2.27
Per 1K Jobs
0.72
Location Quotient
Waco, TX has 0.72x 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 0.72 for Buyers and Purchasing Agents in Waco, TX, indicates that this profession is slightly less concentrated than the national average. This suggests that while the demand is present, the market may not be saturated, potentially offering good opportunities for skilled individuals. It implies a balanced job market where employers are actively seeking qualified candidates, but the pool of applicants might be more specialized.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
Comparing salaries near Waco, TX
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Waco, TX?
The median annual salary for a Buyers and Purchasing Agents in Waco, TX is $72,140. This typically ranges from $42,080 for entry-level positions to $115,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 9.9% lower than the national median of $80,070.
Is Waco, TX a lucrative place for Buyers and Purchasing Agents?
No, not exceptionally lucrative compared to the national average.While the average salary of $72,140 is respectable, it falls below the national average of $80,070. However, the cost of living being at the national average means the salary's purchasing power is comparable.
Is Waco, TX a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($67,870) and Northwestern Region of Texas nonmetropolitan area.
What is the average salary for Buyers and Purchasing Agents in Waco, TX?
The average annual salary for Buyers and Purchasing Agents in Waco, TX, is $72,140.
How does Waco's salary compare to the national average?
The average salary in Waco ($72,140) is lower than the national average ($80,070) for Buyers and Purchasing Agents.
What is the Cost of Living Index in Waco, TX?
Waco, TX has a Cost of Living Index of 100, which is the national average.
How concentrated are Buyers and Purchasing Agents jobs in Waco compared to the nation?
The concentration of Buyers and Purchasing Agents jobs in Waco, indicated by a Location Quotient of 0.72, is slightly below the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Waco, TX area with a job density of 2.27 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 Waco, TX