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Average Buyers and Purchasing Agents Salary in Wyoming

In Wyoming, Buyers and Purchasing Agents earn an average annual salary of $73,970, which is below the national average of $80,070. This difference is often influenced by the state's specific economic landscape, industry demands, and the overall cost of doing business, which can impact compensation structures.

Executive Summary

  • Average Salary: $73,970 per year.
  • Growth Trend: Salaries have shifted 13.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $107,240.
  • Outlook: With a local workforce of 590 Buyers and Purchasing Agents, Wyoming presents a niche market. The Location Quotient of 0.67 indicates a lower concentration of these roles compared to the national average, suggesting that while the absolute number of jobs is modest, the demand might be specialized within specific industries present in the state.
2024 Market Data

Salary Overview

$73,970

The average Buyers and Purchasing Agents in Wyoming earns-7.6%below the national average.

BreakdownBased on 40h/week
Hourly

$35.6

Weekly

$1,423

Monthly

$6,164

Buyers and Purchasing Agents Salary Distribution in Wyoming

Career progression for Buyers and Purchasing Agents in Wyoming, as elsewhere, typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive negotiation skills, strategic sourcing expertise, and leadership, command higher compensation. The percentile gaps in salary distribution highlight these opportunities for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,880$22.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,478$26.7
ManagerOversees team, compliance, and project delivery.50% (Median)$71,100$34.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,463$44.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$107,240$51.6

Detailed Buyers and Purchasing Agents Market Analysis

Relocation Context

Nominal Salary

$73,970

Gross Pay

Real Wage (Purchasing Power)

$79,709

Adjusted for COL (92.8)

The average salary of $73,970 in Wyoming is considerably advantageous when considering the local Cost of Living Index of 92.8. Since this index is below the national average of 100, the purchasing power of a Wyoming-based Buyer and Purchasing Agent's salary is effectively higher, meaning their earnings can go further in covering daily expenses and lifestyle costs compared to living in a higher cost-of-living area.

Job Market Context

590

Total Jobs

2.112

Per 1K Jobs

0.67

Location Quotient

Below Average

Wyoming has 0.67x 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 0.67 for Buyers and Purchasing Agents in Wyoming signifies that this profession is less concentrated in the state than the national average. This suggests that while the overall number of these roles might be smaller, the market may be less saturated, potentially offering unique opportunities for skilled professionals who fit the specific needs of local industries, though competition might be less intense than in more concentrated regions.

Nearby Job Markets

Nearby Cities for Buyers and Purchasing Agents

CitySalaryDist.
Casper, WY Buyers and Purchasing Agents Salary$67,790↓ 8%50 mi

Comparing salaries near Wyoming

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Frequently Asked Questions

How much does a Buyers and Purchasing Agents make in Wyoming?

The median annual salary for a Buyers and Purchasing Agents in Wyoming is $73,970. This typically ranges from $46,880 for entry-level positions to $107,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wyoming is 7.6% lower than the national median of $80,070.

Is Wyoming a lucrative place for Buyers and Purchasing Agentss?

No, not in terms of nominal salary compared to the national average.The average salary in Wyoming is below the national average, though the lower cost of living offers some compensation for this difference.

Is Wyoming a good place to live for Buyers and Purchasing Agents?

With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wyoming?

Some top paying nearby cities include Casper, WY ($67,790) and others.

How does the cost of living in Wyoming affect salary perception?

Wyoming's Cost of Living Index of 92.8 means that $73,970 effectively buys more than it would nationally, making the lower nominal salary more competitive in practice.

What does a Location Quotient of 0.67 mean for job seekers?

It indicates fewer Buyers and Purchasing Agents per capita than the national average, suggesting a potentially less competitive but more specialized job market.

How many Buyers and Purchasing Agents work in Wyoming?

There are approximately 590 Buyers and Purchasing Agents employed in Wyoming, representing 2.112 jobs per 1,000 workers.

Can experience significantly increase a Buyer's salary in Wyoming?

Yes, as with most professions, experience is a key factor in salary growth, with senior roles commanding substantially higher pay than entry-level positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Wyoming area with a job density of 2.112 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Buyers and Purchasing Agents • Data source: BLS OEWS 2024 •Jobs in Wyoming