Procurement managers, also known as purchasing or buying managers, handle an organization's buying responsibilities and eventually use or resell the goods for profit. They typically handle more complex tasks and manage a team of buyers and buying agents.
The U.S. Bureau of Labor Statistics (BLS) categorizes the role of a procurement manager in the business and finance industries. For the next ten years, employment for procurement managers is expected to increase by 7%, with 61,100 job openings each year.
According to Salary.com, the average annual salary for procurement managers in 2025 is $131,531. This guide presents an overview of the salary for procurement managers, including salary data in every state and city of the US, key factors that influence it, and proven tips to increase earnings.
Salary.com reports that the average annual salary for procurement managers in the United States for 2025 is $131,531. This stands for a 1.1% increase from the 2024 annual average salary of $130,100.
As of this writing, the average salary for procurement managers is $63 per hour, with hourly rates that can go up to $77 or down to $50. Meanwhile, the average weekly and monthly salaries for procurement managers are $2,502 and $10,842, respectively.
Salary.com reveals that the salary range for procurement managers starts at $102,972 and can reach as high as $161,049, with most earning between $115,900 to $146,300.
However, it’s important to note that this salary range for procurement managers is heavily affected by key factors including education, level of experience, geographic location, and occupation demand.
Percentile | By Hour | By Week | By Month | By Year |
---|---|---|---|---|
10th Percentile | $50 | $1,980 | $8,581 | $102,972 |
25th Percentile | $56 | $2,229 | $9,658 | $115,900 |
50th Percentile (Median) | $63 | $2,502 | $10,842 | $130,100 |
75th Percentile | $70 | $2,813 | $12,192 | $146,300 |
90th Percentile | $77 | $3,097 | $13,421 | $161,049 |
As mentioned above, there are several factors that can influence how much a procurement manager can earn. These include experience, location, and skills. Let’s explore each of these in detail.
The average salary for procurement managers by years of experience ranges from $124,770 per year for entry-level procurement managers to $130,601 per year for specialists having 8+ years of experience.
Levels | Years of Experience | Average Salary per Year |
---|---|---|
Entry Level Procurement Manager | <1 | $124,770 |
Intermediate Level Procurement Manager | 1-2 | $125,191 |
Senior Level Procurement Manager | 2-4 | $125,822 |
Specialist Level Procurement Manager | 5-8 | $127,927 |
Expert Level Procurement Manager | 8+ | $130,601 |
BLS reported that the specific workplace significantly influences the salary for procurement managers. For instance, a procurement manager working in the professional, scientific, and technical services industry can earn as much as $163,360 in 2023. This figure is about 23% higher compared to the procurement manager salaries in the wholesale trade industry.
Place of Work | Median Annual Salary |
---|---|
Professional, scientific, and technical services | $163,360 |
Management of companies and enterprises | $160,080 |
Government | $141,190 |
Manufacturing | $132,500 |
Wholesale trade | $126,200 |
Procurement managers with certain in-demand skills can increase their salaries. For instance, the Real-time Job Posting Salary Data Report shows that a procurement manager with spreadsheet software skills can earn up to 6.31% more than those without.
On the other hand, a procurement manager having procurement and supply chain management skills is more likely to land a job with 80% and 24.74% demand, respectively.
Skill | Demand | Salary Increase |
---|---|---|
Spreadsheet Software | 29.09% | +6.31% |
Strategic Sourcing | 22.20% | +5.82% |
Vendor Management | 18.79% | +5.54% |
Contact Management | 15.02% | +5.32% |
Cost Control | 16.25% | +4.93% |
Vendor Relationship Management | 12.69% | +3.74% |
Supply Chain Management | 24.74% | +2.97% |
Procurement | 80.00% | +1.48% |
A city or state must ensure compliance with the state minimum wage; therefore, the choice of location can also significantly impact the earning potential for this job title in the US. Talented procurement managers can use this information to identify the most strategic locations for both living and working.
Based on the Salary.com data, the District of Columbia offers the highest average annual salary for procurement managers in the United States, at $144,800.
State | Average Annual Salary |
---|---|
Alaska | $141,700 |
Alabama | $119,600 |
Arkansas | $118,500 |
Arizona | $126,700 |
California | $143,500 |
Colorado | $132,700 |
Connecticut | $139,700 |
District of Columbia | $144,800 |
Delaware | $132,000 |
Florida | $123,600 |
Georgia | $125,800 |
Hawaii | $135,900 |
Iowa | $124,500 |
Idaho | $121,400 |
Illinois | $133,100 |
Indiana | $126,200 |
Kansas | $123,800 |
Kentucky | $122,400 |
Louisiana | $123,700 |
Massachusetts | $141,500 |
Maryland | $134,100 |
Maine | $126,600 |
Michigan | $128,400 |
Minnesota | $133,100 |
Missouri | $124,000 |
Mississippi | $116,000 |
Montana | $121,500 |
North Carolina | $124,900 |
North Dakota | $128,800 |
Nebraska | $122,500 |
New Hampshire | $132,300 |
New Jersey | $142,600 |
New Mexico | $119,900 |
Nevada | $130,600 |
New York | $138,700 |
Ohio | $127,200 |
Oklahoma | $120,300 |
Oregon | $132,200 |
Pennsylvania | $129,800 |
Rhode Island | $135,800 |
South Carolina | $122,800 |
South Dakota | $117,000 |
Tennessee | $120,500 |
Texas | $127,400 |
Utah | $123,700 |
Virginia | $130,500 |
Vermont | $127,600 |
Washington | $140,200 |
Wisconsin | $128,500 |
West Virginia | $117,100 |
Below are the top 5 highest paying cities for procurement managers according to the Salary.com data. The city of San Jose, California leads the list with procurement manager salaries reaching up to $163,300 per year or $78.51 per hour.
Procurement managers have several opportunities to increase their salary by gaining more experience, improving in-demand skills, and exploring growth within the role.
As of December 27, 2024, data from five major salary-reporting websites indicate that the national average salary of a procurement manager in the US is $112,835 (unweighted)
$130,100 /year
$99,270/year
$146,043/year
$92,886 /year
$95,876/year