Average Procurement Clerks Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Procurement Clerks in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an average annual salary of $57,130. This figure significantly surpasses the national average of $49,100, indicating a premium for this role within the region. Local market dynamics, including demand and the cost of doing business, likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $57,130 per year.
- Growth Trend: Salaries have shifted 23.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $73,860.
- Outlook: With a local workforce of 350 Procurement Clerks and a Location Quotient of 0.47, the job market in Minneapolis-St. Paul-Bloomington exhibits a moderate concentration compared to national averages. While not exceptionally dense, this suggests a stable demand for these professionals within the region's diverse economic landscape, supporting a consistent need for procurement support.
Salary Overview
The average Procurement Clerks in Minneapolis-St. Paul-Bloomington, MN-WI earns+16.4%above the national average.
$27.5
$1,099
$4,761
Procurement Clerks Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Procurement Clerks in Minneapolis-St. Paul-Bloomington have experienced growth over the past four years, mirroring general economic trends and inflation. This upward trajectory is often driven by increasing responsibilities, evolving procurement technologies, and a competitive labor market that necessitates attractive compensation packages to retain talent.
Procurement Clerks Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Salary progression for Procurement Clerks typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while senior Procurement Clerks with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. These percentile gaps reflect the value placed on accumulated knowledge, problem-solving abilities, and leadership potential within the procurement function.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,090 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $42,848 | $20.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $56,920 | $27.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $71,413 | $34.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $73,860 | $35.5 |
Detailed Procurement Clerks Market Analysis
Relocation Context
Nominal Salary
$57,130
Gross Pay
Real Wage (Purchasing Power)
$57,130
Adjusted for COL (100)
The average annual salary of $57,130 for Procurement Clerks in Minneapolis-St. Paul-Bloomington aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is comparable to the national standard, offering a balanced financial environment for residents.
Job Market Context
350
Total Jobs
0.182
Per 1K Jobs
0.47
Location Quotient
At 0.47x, Minneapolis-St. Paul-Bloomington, MN-WI has a notably lower concentration of Procurement Clerks jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.47 indicates that Procurement Clerks are less concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This suggests that while the role is present and valued, the market is not oversaturated, potentially leading to competitive opportunities for skilled individuals seeking employment in this sector.
Nearby Job Markets
Nearby Cities for Procurement Clerks
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Procurement Clerks Salary | $51,630↓ 10% | 58 mi |
| Southeast Minnesota nonmetropolitan area Procurement Clerks Salary | $48,840↓ 15% | 58 mi |
| Southwest Minnesota nonmetropolitan area Procurement Clerks Salary | $47,840↓ 16% | 58 mi |
| St. Cloud, MN Procurement Clerks Salary | $49,340↓ 14% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
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Frequently Asked Questions
How much does a Procurement Clerks make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Procurement Clerks in Minneapolis-St. Paul-Bloomington, MN-WI is $57,130. This typically ranges from $43,090 for entry-level positions to $73,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 16.4% higher than the national median of $49,100.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Procurement Clerks?
Yes, moderately lucrative.Procurement Clerks in this region earn a higher average salary than the national average, and the cost of living is on par with the national average, offering good purchasing power.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Procurement Clerks?
The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?
Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($51,630) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington salary compare to the national average?
The average annual salary for Procurement Clerks in Minneapolis-St. Paul-Bloomington is $57,130, which is notably higher than the national average of $49,100.
What is the significance of the Location Quotient for Procurement Clerks in this area?
A Location Quotient of 0.47 suggests that the concentration of Procurement Clerks in Minneapolis-St. Paul-Bloomington is below the national average, indicating a less saturated but still present market for these roles.
Does the cost of living affect the perceived value of the salary?
With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the higher nominal salary of $57,130 translates to a comparable purchasing power to the national average salary.
How many Procurement Clerks are there in the Minneapolis-St. Paul-Bloomington area?
The total local workforce for Procurement Clerks in the Minneapolis-St. Paul-Bloomington metropolitan area is approximately 350 individuals.
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 Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.182 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Procurement Clerks • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI