What is the average hourly wage for Purchasing Managers?

The median hourly wage for Purchasing Managers is $61.29 per hour. This translates to approximately $127,480 per year working full-time.

What states pay Purchasing Managers the most?

Salaries for Purchasing Managers vary significantly by location. Use the state-by-state table above to see which states offer the highest median wages for this occupation.

What education is needed to become a purchasing manager?

Typical education required: Bachelor's degree.

Purchasing Managers Salary

Name: Purchasing Managers Salary Data
Creator: U.S. Bureau of Labor Statistics
License: https://www.bls.gov/bls/linksite.htm

Official U.S. Bureau of Labor Statistics Data - May 2024

Median Annual Salary

$127,480

$61.29 / hour

▲ 3% (Average)

Salary Range

$67,564 - $219,266

10th to 90th percentile

Total Employed

77,420

workers nationally

🏛️ Data Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | Updated: Annual | Methodology

Purchasing Managers Salary by Percentile

$67,564 $219,266

10th pct Median: $127,480 90th pct

Percentile	Annual Salary	Hourly Rate
10th (Entry Level)	$67,564	$32.48
25th Percentile	$91,786	$44.13
50th (Median)	$127,480	$61.29
75th Percentile	$175,922	$84.58
90th (Top Earners)	$219,266	$105.42
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Top Paying States for Purchasing Managers

#	State	Median Annual	Median Hourly
1	District of Columbia (DC)	$168,274	$80.90
2	California (CA)	$159,350	$76.61
3	Massachusetts (MA)	$155,526	$74.77
4	New York (NY)	$155,526	$74.77
5	New Jersey (NJ)	$152,976	$73.55
6	Connecticut (CT)	$150,426	$72.32
7	Maryland (MD)	$150,426	$72.32
8	Hawaii (HI)	$146,602	$70.48
9	Alaska (AK)	$142,778	$68.64
10	Washington (WA)	$142,778	$68.64
Source: BLS OEWS May 2024

About Purchasing Managers

Purchasing Managers work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the management sector of the U.S. economy.

Education Requirements

Typical Entry-Level Education: Bachelor's degree

Job Outlook for Purchasing Managers

Projected Growth

+3%

2022-2032

▲ 3% (Average)

Annual Job Openings

366,100

projected annually

Outlook data based on BLS Employment Projections program. Growth rate is projected change in employment 2022-2032.

Frequently Asked Questions

How much do Purchasing Managers make?

The median annual salary for Purchasing Managers is $127,480 (BLS OEWS May 2024). Entry-level workers earn around $67,564, while the top 10% earn $219,266 or more.

What is the hourly wage for Purchasing Managers?

Purchasing Managers earn a median hourly wage of $61.29 per hour. Working full-time (40 hrs/week, 52 weeks), this equals approximately $127,480 annually.

Is Purchasing Managers a good-paying career?

With a median salary of $127,480, Purchasing Managers earns above the U.S. median household income. Job outlook: Average (3% growth, 2022-2032).

What education do Purchasing Managers need?

Typical entry-level education: Bachelor's degree. Requirements vary by employer and specialization - check with specific employers and BLS OOH for detailed requirements.