Average Purchasing Managers Salary in New York
Purchasing Managers in New York command an impressive average annual salary of $180,380, significantly surpassing the national average of $152,540. This elevated compensation is largely driven by New York's dynamic economic landscape and the high demand for skilled procurement professionals within its diverse industries.
Executive Summary
- Average Salary: $180,380 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $270,570.
- Outlook: With a local workforce of 5,980 Purchasing Managers, New York demonstrates a robust job market for this profession. The Location Quotient of 1.19 indicates a concentration of these roles that is slightly above the national average, suggesting consistent demand and a healthy employment outlook for experienced professionals in the state.
Salary Overview
The average Purchasing Managers in New York earns+18.3%above the national average.
$86.7
$3,469
$15,032
Purchasing Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Purchasing Managers in New York have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing supply chain complexity, and the growing importance of strategic sourcing likely contribute to this upward salary trajectory.
Purchasing Managers Salary Distribution in New York
The salary spectrum for Purchasing Managers in New York widens considerably with experience. Entry-level positions might start closer to the national average, while senior roles, particularly those with strategic responsibilities and extensive negotiation experience, can command salaries well above the $180,380 average. The significant percentile gaps highlight clear opportunities for career progression and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $97,880 | $47.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $135,285 | $65 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $164,950 | $79.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $225,475 | $108.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $270,570 | $130.1 |
Detailed Purchasing Managers Market Analysis
Relocation Context
Nominal Salary
$180,380
Gross Pay
Real Wage (Purchasing Power)
$144,189
Adjusted for COL (125.1)
While the nominal salary of $180,380 is substantial, New York's Cost of Living Index of 125.1 means that this income will not stretch as far as it would in a location with a lower cost of living. After accounting for the 25.1% higher cost of goods and services, the purchasing power of a Purchasing Manager's salary in New York is effectively reduced compared to the national average, though still likely higher due to the elevated base pay.
Job Market Context
5,980
Total Jobs
0.626
Per 1K Jobs
1.19
Location Quotient
With a location quotient of 1.19, New York has a slightly higher-than-average concentration of Purchasing Managers roles compared to the national norm.
A Location Quotient of 1.19 signifies that Purchasing Manager roles are 19% more concentrated in New York than the national average. This suggests a competitive yet abundant market, where employers actively seek out talent, and professionals have a good number of opportunities available, though competition among qualified candidates may also be present.
Nearby Job Markets
Nearby Cities for Purchasing Managers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Purchasing Managers Salary | $139,700↓ 23% | 49 mi |
| Scranton--Wilkes-Barre, PA Purchasing Managers Salary | $116,270↓ 36% | 64 mi |
| Utica-Rome, NY Purchasing Managers Salary | $128,670↓ 29% | 66 mi |
| Albany-Schenectady-Troy, NY Purchasing Managers Salary | $125,430↓ 30% | 68 mi |
Comparing salaries near New York
Hiring Purchasing Managerss?
Frequently Asked Questions
How much does a Purchasing Managers make in New York?
The median annual salary for a Purchasing Managers in New York is $180,380. This typically ranges from $97,880 for entry-level positions to $270,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 18.3% higher than the national median of $152,540.
Is New York a lucrative place for Purchasing Managers?
Yes, New York is a highly lucrative state for Purchasing Managers.Purchasing Managers in New York earn a significant average salary of $180,380, well above the national average, indicating strong earning potential despite the higher cost of living.
Is New York a good place to live for Purchasing Managers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($139,700) and Scranton--Wilkes-Barre, PA.
How does the New York Purchasing Manager salary compare to the national average?
The average annual salary for Purchasing Managers in New York is $180,380, which is substantially higher than the national average of $152,540.
What is the concentration of Purchasing Managers in New York?
New York has a Location Quotient of 1.19 for Purchasing Managers, indicating a concentration that is 19% higher than the national average, suggesting a strong presence of these roles.
How does the cost of living affect the Purchasing Manager salary in New York?
With a Cost of Living Index of 125.1, New York is more expensive than the national average. While the high salary compensates, the actual purchasing power is reduced compared to lower-cost areas.
What is the total number of Purchasing Managers in New York?
There are approximately 5,980 Purchasing Managers employed in New York State, reflecting a considerable professional workforce in this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,980 employees in the New York area with a job density of 0.626 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 York