National » Business and Financial Operations » Buyers and Purchasing Agents » Agencies, Brokerages, and Other Insurance Related Activities

Buyers and Purchasing Agent Salary in the Industry of Agencies, Brokerages, and Other Insurance Related Activities

The salary statistics and trend of buyers and purchasing agents in the industry of agencies, brokerages, and other insurance related activities are shown in the following tables and chart. In Table 3 we compare buyers and purchasing agent salaries in different industries within the finance and insurance sector.

Table 1. Average Annual Salary

Percentile BracketAverage Annual Salary
10th Percentile Wage
$44,800
25th Percentile Wage
$56,230
50th Percentile Wage
$72,970
75th Percentile Wage
$91,970
90th Percentile Wage
$105,850

Table 1 shows the average annual salaries for buyers and purchasing agents in the industry of agencies, brokerages, and other insurance related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) buyers and purchasing agents is $105,850. The median annual salary (50th percentile) is $72,970. The average annual salary for the bottom 10 percent buyers and purchasing agents is $44,800.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of buyers and purchasing agents in the industry of Agencies, Brokerages, and Other Insurance Related Activities from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$72,970
11.40% 18.49%
2016
$64,650
7.05% -
2015
$60,090
6.14% -
2014
$56,400
-1.54% -
2013
$57,270
-3.86% -
2012
$59,480
- -

Table 3. Compare Buyers and Purchasing Agent Salary in Different Industries within the Finance and Insurance Sector