Average Purchasing Managers Salary in New York-Newark-Jersey City, NY-NJ
Purchasing Managers in the New York-Newark-Jersey City, NY-NJ metropolitan area earn a commanding average annual salary of $193,270. This figure significantly outpaces the national average of $152,540, reflecting the region's dynamic economic landscape and high demand for strategic procurement professionals. The concentration of major industries and corporate headquarters in this area directly influences the elevated compensation packages offered to these vital roles.
Executive Summary
- Average Salary: $193,270 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $289,905.
- Outlook: The job market for Purchasing Managers in New York-Newark-Jersey City appears robust, supported by a local workforce of 6,160 professionals. A Location Quotient of 1.25 indicates a higher concentration of these roles compared to the national average, suggesting sustained demand and a healthy job market for skilled individuals in this sector within the region.
Salary Overview
The average Purchasing Managers in New York-Newark-Jersey City, NY-NJ earns+26.7%above the national average.
$92.9
$3,717
$16,106
Purchasing Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Purchasing Managers in a major economic hub like New York-Newark-Jersey City have experienced consistent growth over the past four years. Factors such as inflation, increased complexity in supply chains, and the strategic importance of procurement functions typically drive upward salary trends in such competitive markets.
Purchasing Managers Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for Purchasing Managers is strongly tied to experience and demonstrated expertise. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, requiring extensive negotiation skills, strategic planning, and leadership, can reach significantly higher compensation levels. The substantial percentile gaps observed in salary distributions underscore the clear career progression and earning potential available to experienced professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $115,180 | $55.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $144,953 | $69.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $173,080 | $83.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $241,588 | $116.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $289,905 | $139.4 |
Detailed Purchasing Managers Market Analysis
Relocation Context
Nominal Salary
$193,270
Gross Pay
Real Wage (Purchasing Power)
$193,270
Adjusted for COL (100)
With an average annual salary of $193,270 and a Cost of Living Index at the national average of 100, Purchasing Managers in New York-Newark-Jersey City benefit from substantial purchasing power. The high nominal salary effectively offsets the cost of living, allowing professionals to maintain a strong standard of living and potentially save more compared to areas with a lower cost of living but also lower average salaries.
Job Market Context
6,160
Total Jobs
0.658
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Purchasing Managers roles compared to the national norm.
The Location Quotient of 1.25 for Purchasing Managers in New York-Newark-Jersey City signifies a market where these professionals are more concentrated than the national average. This suggests a competitive environment with a notable demand for talent, indicating that employers are actively seeking and valuing experienced Purchasing Managers, potentially leading to more opportunities and robust compensation negotiations.
Nearby Job Markets
Nearby Cities for Purchasing Managers
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Purchasing Managers Salary | $147,380↓ 24% | 44 mi |
| Trenton-Princeton, NJ Purchasing Managers Salary | $184,240↓ 5% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Purchasing Managers Salary | $164,400↓ 15% | 54 mi |
| New Haven, CT Purchasing Managers Salary | $136,560↓ 29% | 70 mi |
| Waterbury-Shelton, CT Purchasing Managers Salary | $131,300↓ 32% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Purchasing Managerss?
Frequently Asked Questions
How much does a Purchasing Managers make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Purchasing Managers in New York-Newark-Jersey City, NY-NJ is $193,270. This typically ranges from $115,180 for entry-level positions to $289,905 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 26.7% higher than the national median of $152,540.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Purchasing Managers?
Yes, it is a highly lucrative location for Purchasing Managers.Purchasing Managers in this region earn significantly above the national average salary, and with a cost of living at the national average, their high earnings translate to excellent purchasing power.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Purchasing Managers?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($147,380) and Trenton-Princeton, NJ.
How does the Purchasing Manager salary compare nationally?
The average salary for Purchasing Managers in New York-Newark-Jersey City is $193,270, which is considerably higher than the national average of $152,540.
What is the job concentration for Purchasing Managers in this area?
The Location Quotient of 1.25 indicates that Purchasing Managers are 25% more concentrated in New York-Newark-Jersey City than the national average, suggesting strong local demand.
Does the cost of living affect the Purchasing Manager salary in New York-Newark-Jersey City?
The Cost of Living Index is 100, matching the national average. This means the high salary of $193,270 offers strong real value and purchasing power for Purchasing Managers in the region.
How many Purchasing Managers work in the New York-Newark-Jersey City area?
There are approximately 6,160 Purchasing Managers employed within the New York-Newark-Jersey City metropolitan area, indicating a substantial professional community.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,160 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.658 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-Newark-Jersey City, NY-NJ