The annual salary statistics of buyers and purchasing agents in Grand Rapids-Wyoming, Michigan is shown in Table 1. The wage data of buyers and purchasing agents in Grand Rapids-Wyoming is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $41,080 |
| 25th Percentile Wage | $51,200 |
| 50th Percentile Wage | $63,540 |
| 75th Percentile Wage | $80,600 |
| 90th Percentile Wage | $99,040 |
Table 1 shows the average annual salary for buyers and purchasing agents in Grand Rapids-Wyoming, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $99,040. The median (50th percentile) annual salary is $63,540. The average annual salary for the bottom 10 percent earners is $41,080.
The table and chart below show the trend of the median salary of buyers and purchasing agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $63,540 | 3.10% | 11.84% |
| 2021 | $61,570 | -0.89% | - |
| 2020 | $62,120 | 3.27% | - |
| 2019 | $60,090 | 2.88% | - |
| 2018 | $58,360 | 4.01% | - |
| 2017 | $56,020 | 0.00% | - |
| 2012 | $56,020 | - | - |
From Table 3 we note that the median annual salary of $63,540 in Grand Rapids-Wyoming is in the middle of salary range for buyers and purchasing agents in state of Michigan. In comparison, the annual salary of buyers and purchasing agents in Grand Rapids-Wyoming is 17.8 percent (17.8%) lower than that in the highest paying Detroit-Warren-Livonia and 14.6 percent (14.6%) higher than that in the lowest paying Northwest Lower Peninsula of Michigan nonmetropolitan area.