Average Buyers and Purchasing Agents Salary in West Central Illinois nonmetropolitan area
In the West Central Illinois nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $71,260. This figure is notably below the national average of $80,070, reflecting the economic dynamics and potentially lower demand for these specialized roles in a nonmetropolitan setting. Localized market conditions and industry concentration significantly influence compensation levels.
Executive Summary
- Average Salary: $71,260 per year.
- Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,120.
- Outlook: The job market for Buyers and Purchasing Agents in West Central Illinois appears stable, with a total local workforce of 490 individuals in this profession. The Location Quotient of 0.92 suggests a concentration slightly below the national average, indicating a balanced but not exceptionally high demand relative to other occupations in the region. While not a booming market, the consistent presence of these roles points to ongoing needs within the local economy.
Salary Overview
The average Buyers and Purchasing Agents in West Central Illinois nonmetropolitan area earns-11.0%below the national average.
$34.3
$1,370
$5,938
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Buyers and Purchasing Agents in West Central Illinois have experienced gradual growth over the past four years, mirroring national trends. Economic recovery and evolving supply chain complexities likely contributed to modest increases, aiming to keep pace with inflation and the rising cost of living.
Buyers and Purchasing Agents Salary Distribution in West Central Illinois nonmetropolitan area
Career progression for Buyers and Purchasing Agents in West Central Illinois typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary range widens considerably with experience, with senior agents commanding higher compensation due to their expertise in negotiation, market analysis, and strategic sourcing. These percentile gaps are a clear indicator of career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,470 | $22.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $53,445 | $25.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,790 | $31.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $89,075 | $42.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,120 | $50.1 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$71,260
Gross Pay
Real Wage (Purchasing Power)
$71,260
Adjusted for COL (100)
The average annual salary of $71,260 in West Central Illinois aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Buyer's salary in this region is equivalent to the national average. While the nominal salary is lower than the national average, the comparable cost of living suggests that the real value of earnings is maintained locally.
Job Market Context
490
Total Jobs
2.894
Per 1K Jobs
0.92
Location Quotient
West Central Illinois nonmetropolitan area has 0.92x 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.
With a Location Quotient of 0.92, the market for Buyers and Purchasing Agents in West Central Illinois is slightly less concentrated than the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector within the region. The job market is likely competitive, with opportunities available but perhaps fewer than in more industrialized or metropolitan areas.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Buyers and Purchasing Agents Salary | $78,110↑ 10% | 9 mi |
| Decatur, IL Buyers and Purchasing Agents Salary | $86,000↑ 21% | 34 mi |
| Champaign-Urbana, IL Buyers and Purchasing Agents Salary | $73,580↑ 3% | 41 mi |
| Peoria, IL Buyers and Purchasing Agents Salary | $77,120↑ 8% | 43 mi |
| Springfield, IL Buyers and Purchasing Agents Salary | $74,780↑ 5% | 53 mi |
Comparing salaries near West Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in West Central Illinois nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in West Central Illinois nonmetropolitan area is $71,260. This typically ranges from $46,470 for entry-level positions to $104,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Central Illinois nonmetropolitan area is 11.0% lower than the national median of $80,070.
Is West Central Illinois nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, not exceptionally lucrative compared to national averages.The average salary of $71,260 is below the national average of $80,070, although the cost of living is on par with the national average.
Is West Central Illinois nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($78,110) and Decatur, IL.
How does the local workforce size impact job opportunities?
A local workforce of 490 Buyers and Purchasing Agents suggests a stable, albeit not expansive, job market. This size indicates consistent demand for these roles within the region's industries.
What does a Location Quotient of 0.92 signify?
A Location Quotient of 0.92 means that Buyers and Purchasing Agents are slightly less concentrated in West Central Illinois compared to the national average. This implies a balanced presence of the profession, neither overly saturated nor scarce.
How does the cost of living affect the salary's value?
With a Cost of Living Index of 100, the $71,260 salary in West Central Illinois offers purchasing power equivalent to the national average. This offsets the lower nominal salary compared to the national average.
Are there significant salary differences based on experience in this region?
While specific data isn't provided, it's standard for Buyers and Purchasing Agents roles to see substantial salary increases with experience, moving from entry-level to senior positions, reflecting increased responsibility and expertise.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the West Central Illinois nonmetropolitan area area with a job density of 2.894 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 West Central Illinois nonmetropolitan area