Average Buyers and Purchasing Agents Salary in West Kentucky nonmetropolitan area
In the West Kentucky nonmetropolitan area, Buyers and Purchasing Agents earn an average annual salary of $63,680. This figure falls below the national average of $80,070, reflecting regional economic factors and industry concentration. The specific demand and compensation structures within this locale contribute to this localized pay scale.
Executive Summary
- Average Salary: $63,680 per year.
- Growth Trend: Salaries have shifted 3.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $97,840.
- Outlook: The West Kentucky nonmetropolitan area supports a dedicated workforce of 310 Buyers and Purchasing Agents. With a Location Quotient of 0.75, the concentration of these roles is slightly below the national average, suggesting a stable but not rapidly expanding job market. The presence of 2.358 jobs per 1,000 workers indicates a consistent, albeit moderate, demand for these professionals within the region.
Salary Overview
The average Buyers and Purchasing Agents in West Kentucky nonmetropolitan area earns-20.5%below the national average.
$30.6
$1,225
$5,307
Buyers and Purchasing Agents Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's generally assumed that salaries for Buyers and Purchasing Agents across the nation, including nonmetropolitan areas like West Kentucky, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for procurement expertise, and the evolving complexities of supply chain management.
Buyers and Purchasing Agents Salary Distribution in West Kentucky nonmetropolitan area
Salary progression for Buyers and Purchasing Agents is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and increased earning potential as one moves from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,440 | $18 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,760 | $23 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,180 | $28.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $79,600 | $38.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $97,840 | $47 |
Detailed Buyers and Purchasing Agents Market Analysis
Relocation Context
Nominal Salary
$63,680
Gross Pay
Real Wage (Purchasing Power)
$63,680
Adjusted for COL (100)
The nominal average salary of $63,680 in the West Kentucky nonmetropolitan area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Buyer's salary in this region is comparable to that of a Buyer earning the national average salary in a national-average cost-of-living area. Therefore, the salary offers a standard lifestyle relative to national benchmarks.
Job Market Context
310
Total Jobs
2.358
Per 1K Jobs
0.75
Location Quotient
West Kentucky nonmetropolitan area has 0.75x 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 0.75 indicates that Buyers and Purchasing Agents are slightly less concentrated in the West Kentucky nonmetropolitan area compared to the national average. This suggests that while the profession is present and necessary, it is not a dominant industry sector. The market is likely stable, with opportunities arising from regular turnover and specific industry needs rather than rapid expansion.
Nearby Job Markets
Nearby Cities for Buyers and Purchasing Agents
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Buyers and Purchasing Agents Salary | $70,990↑ 11% | 28 mi |
| Elizabethtown, KY Buyers and Purchasing Agents Salary | $68,440↑ 7% | 66 mi |
| Louisville/Jefferson County, KY-IN Buyers and Purchasing Agents Salary | $69,880↑ 10% | 72 mi |
| Cincinnati, OH-KY-IN Buyers and Purchasing Agents Salary | $77,750↑ 22% | 100 mi |
Comparing salaries near West Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Buyers and Purchasing Agents make in West Kentucky nonmetropolitan area?
The median annual salary for a Buyers and Purchasing Agents in West Kentucky nonmetropolitan area is $63,680. This typically ranges from $37,440 for entry-level positions to $97,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Kentucky nonmetropolitan area is 20.5% lower than the national median of $80,070.
Is West Kentucky nonmetropolitan area a lucrative place for Buyers and Purchasing Agentss?
No, it is not considered highly lucrative compared to national standards.The average salary of $63,680 is notably lower than the national average of $80,070. While the cost of living is at the national average, the compensation does not reflect a premium earning potential for this role in the region.
Is West Kentucky nonmetropolitan area a good place to live for Buyers and Purchasing Agents?
The Cost of Living Index in West Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($70,990) and Elizabethtown, KY.
How does the local salary compare to the national average?
The average salary for Buyers and Purchasing Agents in the West Kentucky nonmetropolitan area is $63,680, which is significantly lower than the national average of $80,070.
What is the cost of living in West Kentucky nonmetropolitan area?
The cost of living in the West Kentucky nonmetropolitan area is at the national average, with an index of 100.
How concentrated are Buyer and Purchasing Agent jobs in this area?
The concentration of these jobs, indicated by a Location Quotient of 0.75, is slightly below the national average, suggesting a moderate presence rather than a high concentration.
What is the total number of Buyers and Purchasing Agents in this region?
There are approximately 310 Buyers and Purchasing Agents employed in the West Kentucky nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the West Kentucky nonmetropolitan area area with a job density of 2.358 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 Kentucky nonmetropolitan area