Average Purchasing Managers Salary in Raleigh-Cary, NC
Purchasing Managers in Raleigh-Cary, NC, command an impressive average annual salary of $140,190. This figure is notably close to the national average of $152,540, suggesting a strong demand for skilled procurement professionals in the region. The local economic landscape and the specific needs of industries within Raleigh-Cary likely contribute to this competitive compensation.
Executive Summary
- Average Salary: $140,190 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $201,290.
- Outlook: The local workforce of 420 Purchasing Managers, coupled with a Location Quotient of 1.11, indicates a healthy and slightly more concentrated job market for this profession in Raleigh-Cary compared to the national average. This suggests a robust demand that slightly outpaces the general national trend, offering a stable environment for current professionals and aspiring ones.
Salary Overview
The average Purchasing Managers in Raleigh-Cary, NC earns-8.1%below the national average.
$67.4
$2,696
$11,683
Purchasing Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Purchasing Manager salaries in Raleigh-Cary have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing complexity in supply chain management typically drive upward salary adjustments for these critical roles.
Purchasing Managers Salary Distribution in Raleigh-Cary, NC
Salary progression for Purchasing Managers in Raleigh-Cary, NC, is significantly influenced by experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the increasing value placed on strategic procurement skills and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $94,410 | $45.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,143 | $50.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $130,950 | $63 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $175,238 | $84.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $201,290 | $96.8 |
Detailed Purchasing Managers Market Analysis
Relocation Context
Nominal Salary
$140,190
Gross Pay
Real Wage (Purchasing Power)
$140,190
Adjusted for COL (100)
With an average annual salary of $140,190 and a Cost of Living Index precisely at the national average of 100, Purchasing Managers in Raleigh-Cary, NC, can expect their earnings to hold their purchasing power effectively. This means that the nominal salary translates directly into real economic value, making it an attractive location for professionals seeking financial stability.
Job Market Context
420
Total Jobs
0.586
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Raleigh-Cary, NC has a slightly higher-than-average concentration of Purchasing Managers roles compared to the national norm.
The Location Quotient of 1.11 signifies that Purchasing Manager roles are 11% more concentrated in Raleigh-Cary, NC, than the national average. This suggests a slightly more competitive market with a higher density of these specialized positions, indicating a strong presence of companies that rely heavily on procurement expertise.
Nearby Job Markets
Nearby Cities for Purchasing Managers
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Purchasing Managers Salary | $154,610↑ 10% | 18 mi |
| Rocky Mount, NC Purchasing Managers Salary | $123,560↓ 12% | 48 mi |
| Fayetteville, NC Purchasing Managers Salary | $140,450↑ 0% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Purchasing Managerss?
Frequently Asked Questions
How much does a Purchasing Managers make in Raleigh-Cary, NC?
The median annual salary for a Purchasing Managers in Raleigh-Cary, NC is $140,190. This typically ranges from $94,410 for entry-level positions to $201,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 8.1% lower than the national median of $152,540.
Is Raleigh-Cary, NC a lucrative place for Purchasing Managers?
Yes, it is a lucrative place for Purchasing Managers.The average salary of $140,190 is competitive with the national average, and the cost of living being at the national average ensures strong purchasing power for these earnings.
Is Raleigh-Cary, NC a good place to live for Purchasing Managers?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($154,610) and Rocky Mount, NC.
How does the number of Purchasing Managers in Raleigh-Cary compare nationally?
With a total local workforce of 420 Purchasing Managers, and 0.586 jobs per 1,000 workers, the concentration is slightly higher than the national average, indicating a significant presence of this role.
What is the significance of the Location Quotient (LQ) for Purchasing Managers in Raleigh-Cary?
An LQ of 1.11 indicates that Purchasing Managers are 11% more concentrated in Raleigh-Cary than in the average U.S. location, suggesting a stronger local demand relative to the national distribution.
How does the cost of living in Raleigh-Cary affect the Purchasing Manager salary?
The cost of living index is 100, which is the national average. This means the $140,190 salary has the same purchasing power as it would in a typical U.S. city, making it a fair reflection of earning potential.
What factors might influence a Purchasing Manager's salary in Raleigh-Cary?
Factors such as years of experience, specific industry (e.g., tech, manufacturing), company size, and the scope of responsibilities within the procurement function will significantly influence an individual's salary within Raleigh-Cary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Raleigh-Cary, NC area with a job density of 0.586 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 Raleigh-Cary, NC