Average Purchasing Managers Salary in Charlotte-Concord-Gastonia, NC-SC
Purchasing Managers in the Charlotte-Concord-Gastonia, NC-SC area earn an impressive average annual salary of $151,870. This figure is remarkably close to the national average of $152,540, indicating a strong and competitive market for these professionals. The robust economic activity and significant industrial presence within the region likely contribute to this competitive compensation.
Executive Summary
- Average Salary: $151,870 per year.
- Growth Trend: Salaries have shifted 20.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $227,790.
- Outlook: With a local workforce of 890 Purchasing Managers, the Charlotte-Concord-Gastonia area demonstrates a substantial concentration of talent. The Location Quotient of 1.25 suggests that this region has a higher proportion of Purchasing Managers compared to the national average, signaling a healthy demand and a robust job market for these essential roles.
Salary Overview
The average Purchasing Managers in Charlotte-Concord-Gastonia, NC-SC earns-0.4%below the national average.
$73
$2,921
$12,656
Purchasing Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Purchasing Managers in Charlotte-Concord-Gastonia have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for supply chain expertise, and evolving industry needs typically drive upward salary adjustments in this field.
Purchasing Managers Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
The career trajectory for Purchasing Managers typically involves significant salary progression. Entry-level positions might start at a lower percentile, but with accumulated experience and demonstrated success in strategic sourcing and cost optimization, professionals can advance to senior roles commanding higher salaries. The percentile gaps in salary data often signify these levels of experience and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $91,750 | $44.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $113,903 | $54.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $136,530 | $65.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $189,838 | $91.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $227,790 | $109.5 |
Detailed Purchasing Managers Market Analysis
Relocation Context
Nominal Salary
$151,870
Gross Pay
Real Wage (Purchasing Power)
$151,870
Adjusted for COL (100)
The average annual salary of $151,870 in Charlotte-Concord-Gastonia aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Purchasing Manager's salary in this area is equivalent to the national average, offering a stable financial environment without significant adjustments needed for daily expenses.
Job Market Context
890
Total Jobs
0.661
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Charlotte-Concord-Gastonia, NC-SC has a slightly higher-than-average concentration of Purchasing Managers roles compared to the national norm.
A Location Quotient of 1.25 indicates that Purchasing Managers are more concentrated in the Charlotte-Concord-Gastonia, NC-SC area than the national average. This suggests a more specialized and potentially competitive market, where employers may actively seek out experienced professionals, while also offering opportunities for career growth within a concentrated industry hub.
Nearby Job Markets
Nearby Cities for Purchasing Managers
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Purchasing Managers Salary | $123,500↓ 19% | 45 mi |
| Spartanburg, SC Purchasing Managers Salary | $145,190↓ 4% | 64 mi |
| Eastern North Carolina nonmetropolitan area Purchasing Managers Salary | $119,360↓ 21% | 65 mi |
| Western North Carolina nonmetropolitan area Purchasing Managers Salary | $110,950↓ 27% | 65 mi |
| Central North Carolina nonmetropolitan area Purchasing Managers Salary | $125,060↓ 18% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Purchasing Managerss?
Frequently Asked Questions
How much does a Purchasing Managers make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Purchasing Managers in Charlotte-Concord-Gastonia, NC-SC is $151,870. This typically ranges from $91,750 for entry-level positions to $227,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 0.4% lower than the national median of $152,540.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Purchasing Managers?
Yes, it is a lucrative place for Purchasing Managers.The average salary of $151,870 is on par with the national average, and the Cost of Living Index of 100 means your earnings have strong purchasing power. The higher-than-average concentration of these roles (LQ 1.25) also points to a robust market.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Purchasing Managers?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($123,500) and Spartanburg, SC.
How does the Charlotte Purchasing Manager salary compare to the national average?
The average annual salary for Purchasing Managers in Charlotte-Concord-Gastonia, NC-SC is $151,870, which is very close to the national average of $152,540.
What is the significance of the Location Quotient (LQ) for Purchasing Managers in Charlotte?
A Location Quotient of 1.25 means that Purchasing Managers are 25% more concentrated in the Charlotte-Concord-Gastonia area than the national average, indicating a strong presence and demand for these professionals.
How does the cost of living in Charlotte affect the Purchasing Manager salary?
With a Cost of Living Index of 100, the national average, the $151,870 salary in Charlotte offers purchasing power equivalent to the national average, making it a stable financial environment.
What does the total local workforce number imply for job seekers?
A local workforce of 890 Purchasing Managers suggests a significant pool of talent and a well-established industry presence, offering both opportunities and potential competition for job seekers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 0.661 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Purchasing Managers • Data source: BLS OEWS 2024 •Jobs in Charlotte-Concord-Gastonia, NC-SC