The annual salary statistics of farm products buyers and purchasing agents in Southwest Minnesota nonmetropolitan area, Minnesota is shown in Table 1. The wage statistics of farm products buyers and purchasing agents in Southwest Minnesota nonmetropolitan area 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 | $35,180 |
| 25th Percentile Wage | $40,150 |
| 50th Percentile Wage | $55,430 |
| 75th Percentile Wage | $69,080 |
| 90th Percentile Wage | $90,690 |
Table 1 shows the average annual salary for farm products buyers and purchasing agents in Southwest Minnesota nonmetropolitan area, Minnesota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $90,690. The median (50th percentile) annual salary is $55,430. The average annual salary for the bottom 10 percent earners is $35,180.
The table and chart below show the trend of the median salary of farm products buyers and purchasing agents from 2012 to 2016.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2016 | $55,430 | 5.57% | -24.48% |
| 2015 | $52,340 | -17.63% | - |
| 2014 | $61,570 | 3.70% | - |
| 2013 | $59,290 | -16.38% | - |
| 2012 | $69,000 | - | - |
From Table 3 we note that with a median annual salary of $55,430, Southwest Minnesota nonmetropolitan area is the lowest paying city for farm products buyers and purchasing agents in state of Minnesota, following city of Southeast Minnesota nonmetropolitan area (median annual salary of $63,940). Compared with the highest paying city Southeast Minnesota nonmetropolitan area, the median annual salary of farm products buyers and purchasing agents in Southwest Minnesota nonmetropolitan area is 13.3 percent (13.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southeast Minnesota nonmetropolitan area | |
| Northwest Minnesota nonmetropolitan area | |
| Southwest Minnesota nonmetropolitan area |