How Much Do Purchasing Managers Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

2021 Annual Salary, Salary Range, and Highest Paying States and Industries

Purchasing Managers

Purchasing Managers plan, direct, or coordinate the activities of buyers, purchasing officers, and related workers involved in purchasing materials, products, and services. Includes wholesale or retail trade merchandising managers and procurement managers.

Salary
$132660
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth
Low

Personality




Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$132660 per year
Hourly wage
$64 per hour

Starting salary

Entry-level annual salary
$74,570 to $96,400 per year
Entry-level hourly wage
$36 to $46 per hour

Entry-level Purchasing Managers with little to no experience can expect to make anywhere between $74,570 to $96,400 per year or $36 to $46 per hour. Similar to any other job, their salary will increase as they gain experience.


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Salary rank

Salary rank
A

We wanted to make it easy for our readers to compare the salary of Purchasing Managers to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $95 $197,630
Senior (Top 25%) $76 $158,160
Middle (Mid 50%) $61 $125,940
Junior (Bottom 25%) $46 $96,400
No experience (Bottom 10%) $36 $74,570

Highest paying states

State Hourly Annual
NJ $82 $171,550
NY $76 $158,650
CO $73 $152,100
DC $71 $148,660
CA $71 $147,850
WA $70 $145,190
VA $68 $142,160
MD $68 $141,730
MA $67 $139,930
TX $66 $136,890

Another simple way to increase your salary as a Purchasing Manager is to move to a higher paying state. However moving to a higher paying state like NJ doesn’t guarantee that you will make more because the expenses at NJ might be much higher than where you are currently living at right now.

According to BLS, the highest paid Purchasing Managers are in the states of NJ, NY, CO, DC and CA.

Highest paying industries

Salary by industry Annual Hourly
Other Information Services $170180 $81.82
Apparel, Piece Goods, and Notions Merchant Wholesalers $166280 $79.94
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $165540 $79.59
Legal Services $159500 $76.68
Computer Systems Design and Related Services $159000 $76.44
Credit Intermediation and Related Activities $158420 $76.16
Accounting, Tax Preparation, Bookkeeping, and Payroll Services $153520 $73.81
Oil and Gas Extraction $152460 $73.30
Scientific Research and Development Services $150730 $72.47
Management of Companies and Enterprises $149730 $71.99
Advertising, Public Relations, and Related Services $149550 $71.90
Telecommunications $148290 $71.29
Automobile Dealers $148070 $71.19
Beverage Manufacturing $147770 $71.04
Computer and Peripheral Equipment Manufacturing $147620 $70.97
Pipeline Transportation of Natural Gas $145490 $69.95
Grain and Oilseed Milling $145470 $69.94
Software Publishers $145000 $69.71
Farm Product Raw Material Merchant Wholesalers $144350 $69.40
Lessors of Nonfinancial Intangible Assets $143940 $69.20
Natural Gas Distribution $143230 $68.86
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing $142760 $68.64
Petroleum and Coal Products Manufacturing $142540 $68.53
Insurance Carriers $141670 $68.11
Federal Executive Branch $141490 $68.02
Architectural, Engineering, and Related Services $141210 $67.89
Cable and Other Subscription Programming $140670 $67.63
Specialized Design Services $140640 $67.61
Nondepository Credit Intermediation $140570 $67.58
Merchant Wholesalers, Nondurable Goods $140020 $67.32

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