Purchasing Associate, Finance Salary in the United States

How much does a Purchasing Associate, Finance make in the United States?

As of September 01, 2026, the average salary for a Purchasing Associate, Finance in the United States is $52,521 per year, which breaks down to an hourly rate of $25.

However, a Purchasing Associate, Finance's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $62,846
  • Majority Range (25th-75th percentile): $46,576 to $57,926
  • Entry-Level (10th percentile): $41,162

Key Factors That Influence Purchasing Associate, Finance Salaries

A Purchasing Associate, Finance's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Purchasing Associate, Finance Salaries?

Experience is a primary driver of a Purchasing Associate, Finance's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $46,499
  • Early Career (1-2 years): $52,124
  • Mid-Level (2-4 years): $59,838
  • Senior-Level (5-8 years): $67,057
  • Expert (over 8 years): $85,532
Levels Salary
Purchasin... Level Purchasing Associate, Finance$46,499
Purchasin... Level Purchasing Associate, Finance$52,124
Purchasin... Level Purchasing Associate, Finance$59,838
Purchasin... Level Purchasing Associate, Finance$67,057
Purchasin... Level Purchasing Associate, Finance$85,532

How Do Purchasing Associate, Finance Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Purchasing Associate, Finances. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $58,152.
  • California: $57,931.
  • Massachusetts: $57,159.

Top Paying Cities for Purchasing Associate, Finances

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $66,245
  • San Francisco: $65,520
  • Oakland: $64,139

What Skills Can Increase a Purchasing Associate, Finance's Salary?

Demanded Skills for the Role:

  • Planning (Mentioned in 3.32% Job Postings): 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.
  • ERP (Mentioned in 2.02% Job Postings): Enterprise resource planning (ERP) refers to a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, risk management and compliance, and supply chain operations.
  • Inventory Management (Mentioned in 1.03% Job Postings): Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
Skills Demand Percentage
Planning 3.32%
ERP 2.02%
Inventory Management 1.03%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Purchasing Associate, Finance's salary.

  • Strategic Sourcing: Can increase your salary by up to 25%.
  • Cost Reduction: Can increase your salary by up to 14%.
  • Project Management: Can increase your salary by up to 13%.
Skill Salary Salary % Increase
Strategic Sourcing $65,652
25%
Cost Reduction $59,874
14%
Project Management $59,349
13%

Purchasing Associate, Finance Salary by Industry: Top Paying Sectors

For Purchasing Associate, Finance roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Purchasing Associate, Finance positions in Transportation or Telecom typically offer lower base pay, as these industries often view Purchasing Associate, Finance as a support function rather than a direct revenue driver.

The top paying industries for a Purchasing Associate, Finance

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$63,026$30.020%
Biotechnology$63,026$30.020%
Business Services$63,026$30.020%
Chemicals$63,026$30.020%
Construction$63,026$30.020%

How Education impacts a Purchasing Associate, Finance's Salary?

Your level of education can impact your salary potential. While many Purchasing Associate, Finances enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Purchasing Associate, Finance with a High School Diploma or Technical Certificate is between $49,129 and $52,612).

Purchasing Associate, Finance Salaries by Degree Level

Typical Education for Purchasing Associate, Finance
Degree Level % of user with this level of education
No Diploma 8.3%
High School 16.7%
Associates 25.0%
Bachelors 50.0%
Masters 0.0%
Doctorate 0.0%

Purchasing Associate, Finance Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Purchasing Associate, Finance's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$46,576
Average $52,521/year
$57,926
$3,881
Average $4,377/month
$4,827
$896
Average $1,010/week
$1,114
$22
Average $25/hour
$28
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $57,926 $4,827 $1,114 $28
Average $52,521 $4,377 $1,010 $25
25th Percentile $46,576 $3,881 $896 $22

Most common benefits for Purchasing Associate, Finance

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Purchasing Associate, Finance

Here are companies hiring for Purchasing Associate, Finance and their salaries, click below for more details.

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FAQ about Purchasing Associate, Finance

1. What industry pays the highest salary for Purchasing Associate, Finance?

The Aerospace & Defense industry offers the highest average compensation for Purchasing Associate, Finance roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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