Average Buyers and Purchasing Agents Salary in Waterbury-Shelton, CT
In Waterbury-Shelton, CT, Buyers and Purchasing Agents earn an average annual salary of $78,880. This figure is slightly below the national average of $80,070, suggesting a nuanced compensation landscape influenced by regional economic factors and industry demand within the state. Local market dynamics play a significant role in shaping these pay scales.
Executive Summary
- Average Salary: $78,880 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,610.
- Outlook: The Waterbury-Shelton area supports a local workforce of 560 Buyers and Purchasing Agents. With a Location Quotient of 1.11, this indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and potentially growing demand for procurement professionals in the region.
Salary Overview
The average Buyers and Purchasing Agents in Waterbury-Shelton, CT earns-1.5%below the national average.
$37.9
$1,517
$6,573
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's generally observed that salaries for Buyers and Purchasing Agents across the nation, including in areas like Waterbury-Shelton, have seen consistent growth over the past four years. This upward trend is typically driven by inflation, increased demand for skilled professionals, and evolving supply chain complexities.
Buyers and Purchasing Agents Salary Distribution in Waterbury-Shelton, CT
Career progression for Buyers and Purchasing Agents in Waterbury-Shelton is clearly reflected in salary potential. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher, often reaching into the upper percentiles, showcasing substantial earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,240 | $22.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,160 | $28.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,790 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $98,600 | $47.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,610 | $58 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$78,880
Gross Pay
Real Wage (Purchasing Power)
$78,880
Adjusted for COL (100)
The average salary of $78,880 in Waterbury-Shelton 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 this area is comparable to the national standard, offering a stable financial environment without significant cost-of-living advantages or disadvantages.
Job Market Context
560
Total Jobs
3.501
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Waterbury-Shelton, CT has a slightly higher-than-average concentration of Buyers and Purchasing Agents roles compared to the national norm.
A Location Quotient of 1.11 for Buyers and Purchasing Agents in Waterbury-Shelton signifies a market where these professionals are slightly more prevalent than the national average. This suggests a healthy demand and a competitive environment, where companies actively seek out talent, potentially leading to more opportunities and stable employment for those in the field.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Connecticut nonmetropolitan area Buyers and Purchasing Agents Salary | $75,980↓ 4% | 15 mi |
| New Haven, CT Buyers and Purchasing Agents Salary | $79,180↑ 0% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Buyers and Purchasing Agents Salary | $84,310↑ 7% | 23 mi |
| Bridgeport-Stamford-Danbury, CT Buyers and Purchasing Agents Salary | $88,660↑ 12% | 27 mi |
| Springfield, MA Buyers and Purchasing Agents Salary | $80,910↑ 3% | 46 mi |
Comparing salaries near Waterbury-Shelton, CT
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Waterbury-Shelton, CT?
The median annual salary for a Buyers and Purchasing Agents in Waterbury-Shelton, CT is $78,880. This typically ranges from $46,240 for entry-level positions to $120,610 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterbury-Shelton, CT is 1.5% lower than the national median of $80,070.
Is Waterbury-Shelton, CT a lucrative place for Buyers and Purchasing Agentss?
Yes, it offers a competitive salary environment.With an average salary of $78,880 and a Cost of Living Index matching the national average, Waterbury-Shelton provides a stable financial standing for Buyers and Purchasing Agents.
Is Waterbury-Shelton, CT a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterbury-Shelton, CT?
Some top paying nearby cities include Connecticut nonmetropolitan area ($75,980) and New Haven, CT.
How does the Waterbury-Shelton salary compare to the national average?
The average salary of $78,880 in Waterbury-Shelton is slightly lower than the national average of $80,070, indicating minor regional variations in compensation.
What is the concentration of Buyers and Purchasing Agents in Waterbury-Shelton?
The Location Quotient of 1.11 suggests that Buyers and Purchasing Agents are slightly more concentrated in Waterbury-Shelton compared to the national average, indicating a robust local job market for this profession.
What does a Cost of Living Index of 100 mean for salary?
A Cost of Living Index of 100 means that the cost of living in Waterbury-Shelton is exactly the same as the national average, so the $78,880 salary has average purchasing power.
How many Buyers and Purchasing Agents work in Waterbury-Shelton?
There are approximately 560 Buyers and Purchasing Agents employed in the Waterbury-Shelton area, contributing to the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Waterbury-Shelton, CT area with a job density of 3.501 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 Waterbury-Shelton, CT