The salary of a Lead Buyer in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of November 01, 2024, the average annual pay of Lead Buyer in the United States is $118,310. While Salary.com is seeing that Lead Buyer salary in the US can go up to $142,917 or down to $95,595, but most earn between $106,420 and $131,190. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Lead Buyer in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $131,190 | $10,933 | $2,523 | $63 |
| Average | $118,310 | $9,859 | $2,275 | $57 |
| 25th Percentile | $106,420 | $8,868 | $2,047 | $51 |
As of November 01, 2024, Salary.com is seeing that an entry-level Lead Buyer with under 1 year experience makes about $111,824. With less than 2 years of experience, a mid-level Lead Buyer makes around $112,710. After 2-4 years, the Lead Buyer pay rises to about $114,126. Those senior Lead Buyer with 5-8 years of experience earn roughly $115,896, and those Lead Buyer having 8 years or more experience is expected to earn about $118,404 on average.
| Levels | Salary |
|---|---|
| Entry Level Lead Buyer | $111,824 |
| Intermediate Level Lead Buyer | $112,710 |
| Senior Level Lead Buyer | $114,126 |
| Specialist Level Lead Buyer | $115,896 |
| Expert Level Lead Buyer | $118,404 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 2% |
| Experienced | 0% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of November 01, 2024, the average yearly salary of Lead Buyer is $130,500 in California and in Massachusetts, the average annual salary goes to $128,720. While in New Jersey, a Lead Buyer earns $129,670 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of November 01, 2024, the average yearly salary of Lead Buyer in San Francisco, CA is $147,890 and in New York, NY, the average annual salary goes to $138,190. While a Lead Buyer earns $132,630 per year in Boston, MA.
For those exploring the changing dynamics of Lead Buyer salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of November 01, 2024, our research highlights a notable shift in Lead Buyer compensation over the past six years. For instance, the median salary has moved from $111,259 in 2023 to about $109,866 in 2024 (for a comprehensive analysis of Lead Buyer salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Lead Buyer information for you to search for. Click on search button below to see Lead Buyer job openings or enter a new job title here.
Here are companies hiring for Lead Buyer and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $118,310 | 68.5% | ||
| Bonus | $6,660 | 3.9% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $9,560 | 5.5% | ||
| 401K/403B | $5,249 | 3.0% | ||
| Disability | $2,499 | 1.4% | ||
| Healthcare | $8,352 | 4.8% | ||
| Pension | $6,748 | 3.9% | ||
| Time Off | $15,381 | 8.9% | ||
| Total Compensation | $172,760 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.4% |
| High School | 18.6% |
| Associates | 10.4% |
| Bachelors | 45.5% |
| Masters | 23.3% |
| Doctorate | 0.8% |
What Am I Worth?
The average annual salary of Lead Buyer is $118,310. In case you are finding an easy salary calculator, the average hourly pay of Lead Buyer is $57; the average weekly pay of Lead Buyer is $2,275; the average monthly pay of Lead Buyer is $9,859.
A Lead Buyer's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Lead Buyer earns the most in San Jose, CA, where the annual salary of a Lead Buyer is $148,480.
The highest pay for Lead Buyer is $142,917.
The lowest pay for Lead Buyer is $95,595.
The Lead Buyer qualifies vendors, evaluates bids, and negotiates prices and terms for purchased goods and services. Purchases materials, supplies and services at the most favorable terms for the organization. Being a Lead Buyer may be responsible for checking and guiding the work of lower-level buyers. Tracks purchases, monitors vendor quality, and maintains a current database of vendor information. In addition, Lead Buyer typically requires a bachelor's degree or its equivalent. Typically reports to a manager or head of a unit/department. Lead Buyer is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as a Lead Buyer typically requires 7+ years of related experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Planning: An act or process of making or carrying out plans. Establishment of goals, policies, and procedures for a social or economic unit city planning business planning.
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.
Strategic Sourcing: Identifying spend profiles and developing channels to acquire the optimum value of supplies that align with organizational goals.
