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Commodity Buyer I Salary in Floyds Knobs, IN

How much does a Commodity Buyer I make in Floyds Knobs, IN?

As of May 18, 2021, the average salary for a Commodity Buyer I in Floyds Knobs, IN is $58,439 per year, which breaks down to an hourly rate of $28.

However, a Commodity Buyer I's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $69,328
  • Majority Range (25th-75th percentile): $53,611 to $64,139
  • Entry-Level (10th percentile): $49,215
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View as table View as graph 25% $53,611 10% $49,215 90% $69,328 75% $64,139 $58,439 50%(Median) Didn’t find job title? Click

Commodity Buyer I Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $64,139 $5,345 $1,233 $31
Average $58,439 $4,870 $1,124 $28
25th Percentile $53,611 $4,468 $1,031 $26
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Key Factors That Influence Commodity Buyer I Salaries

A Commodity Buyer I'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 and company size can directly affect your earning potential.

How Experience Level Affects Commodity Buyer Salaries?

Experience is a primary driver of a Commodity Buyer I'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:

  • Commodity Buyer I (0-2 years): $58,439
  • Commodity Buyer II (2-4 years): $70,982
  • Commodity Buyer III (4-7 years): $85,277
  • Commodity Buyer IV (7+ years): $112,764
  • Commodity Manager (7+ years): $119,528
Job Role Years of Experience Average Salary
Commodity Buyer I0-2 years$58,439
Commodity Buyer II2-4 years$70,982
Commodity Buyer III4-7 years$85,277
Commodity Buyer IV7+ years$112,764
Commodity Manager7+ years$119,528
$58,439 Commodity...
$70,982 Commodity...
$85,277 Commodity...
$112,764 Commodity...
$119,528 Commodity...
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What Am I Worth?

Top Paying Cities for Commodity Buyer Is

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: $77,078
  • San Francisco: $76,320
  • Oakland: $74,628

Commodity Buyer I Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Commodity Buyer I'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on May 18, 2021
$53,611
Average $58,439/year
$64,139
$4,468
Average $4,870/month
$5,345
$1,031
Average $1,124/week
$1,233
$26
Average $28/hour
$31
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $64,139 $5,345 $1,233 $31
Average $58,439 $4,870 $1,124 $28
25th Percentile $53,611 $4,468 $1,031 $26

Commodity Buyer I Salary Growth & Career Path

Commodity Buyer I
Buyer II
Commodity Buyer II
Buyer III
Commodity Manager

Promotions are the fastest way to increase your earnings. As a Commodity Buyer I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Commodity Buyer I Salary Growth and Career Path
Next Step Role Estimate Salary Projected Raise
Buyer II $70,982 21%
Commodity Buyer II $70,982 21%

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Cost of Living In Floyds Knobs, IN

Cost of Living in Floyds Knobs, IN is
-1.9% Lower
than the National Average

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