Average Purchasing Managers Salary in New Haven, CT
Purchasing Managers in New Haven, CT, command an impressive average annual salary of $136,560. This figure, while slightly below the national average of $152,540, reflects a localized demand and economic landscape that influences compensation. The specific needs of industries and businesses within the New Haven area contribute to this competitive pay scale for procurement professionals.
Executive Summary
- Average Salary: $136,560 per year.
- Growth Trend: Salaries have shifted 15.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $199,390.
- Outlook: The Purchasing Manager job market in New Haven, CT, shows a notable concentration, indicated by a Location Quotient of 1.54, significantly above the national average. With 0.81 jobs per 1,000 workers and a local workforce of 230 professionals, this suggests a robust demand for skilled individuals in procurement roles within the region, signaling a healthy and active job market.
Salary Overview
The average Purchasing Managers in New Haven, CT earns-10.5%below the national average.
$65.7
$2,626
$11,380
Purchasing Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Purchasing Manager salaries in New Haven, CT, have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing complexity in supply chains, and a growing demand for strategic sourcing likely contribute to upward pressure on compensation for these vital roles.
Purchasing Managers Salary Distribution in New Haven, CT
Experience plays a crucial role in the earning potential of Purchasing Managers in New Haven, CT. Entry-level positions typically fall within the lower percentiles of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The significant gap between entry-level and senior roles highlights a clear career progression path and the increasing value placed on expertise in strategic procurement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $83,080 | $39.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,420 | $49.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $124,470 | $59.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $170,700 | $82.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $199,390 | $95.9 |
Detailed Purchasing Managers Market Analysis
Relocation Context
Nominal Salary
$136,560
Gross Pay
Real Wage (Purchasing Power)
$136,560
Adjusted for COL (100)
The average annual salary of $136,560 for Purchasing Managers in New Haven, CT, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power effectively within the local market, offering a stable financial standing relative to national benchmarks. Residents can expect their earnings to cover typical expenses without significant strain compared to the rest of the country.
Job Market Context
230
Total Jobs
0.81
Per 1K Jobs
1.54
Location Quotient
New Haven, CT has 1.5x the national concentration of Purchasing Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.54 indicates that Purchasing Managers are more concentrated in New Haven, CT, than the national average. This suggests a higher demand for these professionals relative to the general workforce in the area, making the job market potentially competitive but also offering ample opportunities for skilled individuals. The abundance of roles compared to the national benchmark points to a specialized and active sector for procurement specialists.
Nearby Job Markets
Nearby Cities for Purchasing Managers
| City | Salary | Dist. |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT Purchasing Managers Salary | $164,400↑ 20% | 16 mi |
| Waterbury-Shelton, CT Purchasing Managers Salary | $131,300↓ 4% | 18 mi |
| Connecticut nonmetropolitan area Purchasing Managers Salary | $114,860↓ 16% | 22 mi |
| Hartford-West Hartford-East Hartford, CT Purchasing Managers Salary | $146,020↑ 7% | 34 mi |
| Norwich-New London-Willimantic, CT Purchasing Managers Salary | $135,400↓ 1% | 46 mi |
Comparing salaries near New Haven, CT
Hiring Purchasing Managerss?
Frequently Asked Questions
How much does a Purchasing Managers make in New Haven, CT?
The median annual salary for a Purchasing Managers in New Haven, CT is $136,560. This typically ranges from $83,080 for entry-level positions to $199,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 10.5% lower than the national median of $152,540.
Is New Haven, CT a lucrative place for Purchasing Managers?
Yes, New Haven, CT offers a lucrative environment for Purchasing Managers.Purchasing Managers in New Haven earn a strong average salary of $136,560, which aligns with the national average cost of living, making it a financially sound location.
Is New Haven, CT a good place to live for Purchasing Managers?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($164,400) and Waterbury-Shelton, CT.
How does the New Haven Purchasing Manager salary compare to the national average?
The average salary for Purchasing Managers in New Haven, CT is $136,560, which is slightly lower than the national average of $152,540.
What is the concentration of Purchasing Managers in New Haven, CT?
New Haven, CT has a higher concentration of Purchasing Managers than the national average, with a Location Quotient of 1.54.
How does the cost of living in New Haven, CT affect Purchasing Manager salaries?
The cost of living in New Haven, CT is at the national average (100), meaning the $136,560 salary provides purchasing power equivalent to the national median.
What does the job market look like for Purchasing Managers in New Haven, CT?
The job market is robust, with a higher-than-average concentration of Purchasing Managers and a steady presence of jobs per 1,000 workers, indicating good demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the New Haven, CT area with a job density of 0.81 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 New Haven, CT