Average Buyers and Purchasing Agents Salary in Waterloo-Cedar Falls, IA
In Waterloo-Cedar Falls, IA, Buyers and Purchasing Agents earn an average annual salary of $72,900. This figure is notably below the national average of $80,070, suggesting that local market dynamics, such as industry concentration and regional demand, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $72,900 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $118,080.
- Outlook: The local job market for Buyers and Purchasing Agents in Waterloo-Cedar Falls, IA, comprises approximately 240 professionals. With a Location Quotient of 0.87, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand within the region.
Salary Overview
The average Buyers and Purchasing Agents in Waterloo-Cedar Falls, IA earns-9.0%below the national average.
$35.1
$1,402
$6,075
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Buyers and Purchasing Agents across the nation, including in markets like Waterloo-Cedar Falls, have experienced steady growth over the past four years, driven by inflation, increased demand for procurement expertise, and evolving supply chain complexities.
Buyers and Purchasing Agents Salary Distribution in Waterloo-Cedar Falls, IA
Career progression for Buyers and Purchasing Agents typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, with their added responsibilities and strategic oversight, command salaries in the higher percentiles, reflecting a clear path for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,100 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,675 | $26.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $66,040 | $31.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,125 | $43.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $118,080 | $56.8 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$72,900
Gross Pay
Real Wage (Purchasing Power)
$72,900
Adjusted for COL (100)
The average annual salary of $72,900 in Waterloo-Cedar Falls, IA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Buyer's salary in this area is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
240
Total Jobs
2.754
Per 1K Jobs
0.87
Location Quotient
Waterloo-Cedar Falls, IA has 0.87x 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 0.87 for Buyers and Purchasing Agents in Waterloo-Cedar Falls, IA, suggests that the profession is slightly less concentrated than the national average. This indicates a moderately competitive job market where opportunities exist, but the pool of available talent is not as deep as in major metropolitan hubs.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Buyers and Purchasing Agents Salary | $71,230↓ 2% | 50 mi |
| Southeast Iowa nonmetropolitan area Buyers and Purchasing Agents Salary | $70,470↓ 3% | 55 mi |
| Northwest Iowa nonmetropolitan area Buyers and Purchasing Agents Salary | $71,700↓ 2% | 55 mi |
| Northeast Iowa nonmetropolitan area Buyers and Purchasing Agents Salary | $71,270↓ 2% | 55 mi |
| Southwest Iowa nonmetropolitan area Buyers and Purchasing Agents Salary | $68,920↓ 5% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
Hiring Buyers and Purchasing Agentss?
Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in Waterloo-Cedar Falls, IA?
The median annual salary for a Buyers and Purchasing Agents in Waterloo-Cedar Falls, IA is $72,900. This typically ranges from $48,100 for entry-level positions to $118,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waterloo-Cedar Falls, IA is 9.0% lower than the national median of $80,070.
Is Waterloo-Cedar Falls, IA a lucrative place for Buyers and Purchasing Agentss?
No, it is not exceptionally lucrative compared to the national average.The average salary of $72,900 is below the national average of $80,070. However, the cost of living is also at the national average, meaning the salary's purchasing power is comparable.
Is Waterloo-Cedar Falls, IA a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waterloo-Cedar Falls, IA?
Some top paying nearby cities include Cedar Rapids, IA ($71,230) and Southeast Iowa nonmetropolitan area.
How does the number of Buyers and Purchasing Agents in Waterloo-Cedar Falls compare nationally?
With 2.754 jobs per 1,000 workers, the prevalence of Buyers and Purchasing Agents in Waterloo-Cedar Falls is slightly below the national average, reflecting a specialized but not dominant presence in the local economy.
What is the significance of the Location Quotient (LQ) for this role in Waterloo-Cedar Falls?
An LQ of 0.87 indicates that Buyers and Purchasing Agents are slightly less concentrated in Waterloo-Cedar Falls compared to the national average. This suggests a stable job market that is not oversaturated.
How does experience impact salary for Buyers and Purchasing Agents in this region?
As with most professions, experience significantly influences salary. Entry-level positions will likely be at the lower end of the pay scale, while seasoned professionals with extensive procurement and negotiation skills can command substantially higher salaries.
What does a Cost of Living Index of 100 mean for a Buyer's salary in Waterloo-Cedar Falls?
A Cost of Living Index of 100 signifies that the overall cost of goods and services in Waterloo-Cedar Falls is on par with the national average. Therefore, the $72,900 salary offers a standard level of purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Waterloo-Cedar Falls, IA area with a job density of 2.754 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 Waterloo-Cedar Falls, IA