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Average Procurement Clerks Salary in Indianapolis-Carmel-Greenwood, IN

Procurement Clerks in the Indianapolis-Carmel-Greenwood, IN area earn an average annual salary of $47,790. This figure is slightly below the national average of $49,100, reflecting localized market dynamics and demand within the region. Factors such as the specific industry mix and the overall economic environment of Indianapolis influence this compensation.

Executive Summary

  • Average Salary: $47,790 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,430.
  • Outlook: With a local workforce of 350 Procurement Clerks, the Indianapolis-Carmel-Greenwood, IN market demonstrates a stable, albeit not exceptionally concentrated, presence of this role. The Location Quotient of 0.81 suggests that while the occupation is present, it is not disproportionately represented compared to national norms, indicating a steady but not booming demand.
2024 Market Data

Salary Overview

$47,790

The average Procurement Clerks in Indianapolis-Carmel-Greenwood, IN earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$23

Weekly

$919

Monthly

$3,983

Procurement Clerks Salary Distribution in Indianapolis-Carmel-Greenwood, IN

Salary progression for Procurement Clerks in Indianapolis-Carmel-Greenwood, IN typically scales with experience. Entry-level positions may start at the lower percentiles, while senior clerks with extensive expertise and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,080$17.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$35,843$17.2
ManagerOversees team, compliance, and project delivery.50% (Median)$47,900$23
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$59,738$28.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,430$29.1

Detailed Procurement Clerks Market Analysis

Relocation Context

Nominal Salary

$47,790

Gross Pay

Real Wage (Purchasing Power)

$47,790

Adjusted for COL (100)

The average annual salary of $47,790 in Indianapolis-Carmel-Greenwood, IN aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary holds its purchasing power directly against the national average, suggesting that the cost of essential goods and services is neither a significant advantage nor a disadvantage for those earning this salary in the area.

Job Market Context

350

Total Jobs

0.316

Per 1K Jobs

0.81

Location Quotient

Below Average

Indianapolis-Carmel-Greenwood, IN has 0.81x the national average concentration of Procurement Clerks jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.81 for Procurement Clerks in Indianapolis-Carmel-Greenwood, IN indicates a slightly lower concentration of these roles compared to the national average. This suggests that the job market is neither oversaturated nor exceptionally competitive, offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Procurement Clerks

Comparing salaries near Indianapolis-Carmel-Greenwood, IN

Hiring Procurement Clerkss?

Frequently Asked Questions

How much does a Procurement Clerks make in Indianapolis-Carmel-Greenwood, IN?

The median annual salary for a Procurement Clerks in Indianapolis-Carmel-Greenwood, IN is $47,790. This typically ranges from $37,080 for entry-level positions to $60,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indianapolis-Carmel-Greenwood, IN is 2.7% lower than the national median of $49,100.

Is Indianapolis-Carmel-Greenwood, IN a lucrative place for Procurement Clerks?

No, not significantly more lucrative than the national average.The average salary of $47,790 is slightly below the national average of $49,100, and the cost of living is exactly at the national average. This indicates a standard earning potential rather than a highly lucrative market.

Is Indianapolis-Carmel-Greenwood, IN a good place to live for Procurement Clerks?

The Cost of Living Index in Indianapolis-Carmel-Greenwood, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Indianapolis-Carmel-Greenwood, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($45,230) and Southern Indiana nonmetropolitan area.

How does the number of Procurement Clerks in Indianapolis compare nationally?

Indianapolis-Carmel-Greenwood, IN has approximately 0.316 Procurement Clerks per 1,000 workers, which is slightly below the national average, reflecting a moderate presence of the occupation.

What is the significance of a Location Quotient of 0.81?

A Location Quotient of 0.81 means that Procurement Clerks are 19% less concentrated in Indianapolis-Carmel-Greenwood, IN than they are nationally. This suggests a slightly lower demand relative to other occupations compared to the national landscape.

Does experience impact a Procurement Clerk's salary in Indianapolis?

Yes, experience significantly impacts salary. Entry-level positions will earn less, while senior Procurement Clerks with specialized skills and a proven track record can command higher salaries, reflecting career progression.

How does the cost of living affect the $47,790 salary?

With a Cost of Living Index of 100, the $47,790 salary in Indianapolis has purchasing power equivalent to the national average. This means your earnings will neither stretch further nor be significantly constrained by local expenses.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Indianapolis-Carmel-Greenwood, IN area with a job density of 0.316 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.