Average Procurement Officer Salary in United States for 2024

In this article, we will look at the average Procurement Officer salary for 2024 in United States and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Procurement Officer Make in United States?

A Procurement Officer working in United States will typically earn around 41,400 USD per year, and this can range from the lowest average salary of about 23,800 USD to the highest average salary of 64,300 USD.

Average Annual Salary
41,400 USD
Average Monthly Salary
3,450 USD

Lowest Annual Salary
23,800 USD
Lowest Monthly Salary
1,983 USD

Highest Annual Salary
64,300 USD
Highest Monthly Salary
5,358 USD

These are average salaries for a Procurement Officer in United States and include benefits such as housing and transport. It's also possible for a Procurement Officer to earn more or less than the average salaries shown above.

Procurement Officer salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Procurement Officer Salaries in United States

So we've looked at the average salaries a Procurement Officer will earn in United States. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Procurement Officer can earn between 23,800 USD and 64,300 USD on average in United States. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Procurement Officer in United States is 36,800 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 36,800 USD, and 50% of the population earn more than 36,800 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Procurement Officer salary in United States, 25% of the population are earning less than 25,800 USD while 75% of the population earn more than 25,800 USD.

75% of the population earn less than 48,600 USD, and 25% of the population earn more than 48,600 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Procurement Officer Salary by Experience Level in United States

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average procurement officer salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Procurement Officer in United States that has less than two years of experience can expect to earn somewhere in the region of 24,800 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Procurement Officer salary would increase to 33,300 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Procurement Officer, the average salary would be 43,500 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 52,600 USD.
  • 15 - 20 Years Experience. A Procurement Officer with 15 to 20 years of experience can earn an average of 56,800 USD.
  • 20+ Years Experience. For a Procurement Officer with more than 20 years, the expected average salary increases to 60,700 USD.

Average Salary by Experience Chart

0-2 Years
24,800 USD
2-5 Years +26%
33,300 USD
5-10 Years +32%
43,500 USD
10-15 Years +18%
52,600 USD
15-20 Years +11%
56,800 USD
20+ Years +6%
60,700 USD

Procurement Officer Salary by Education Level in United States

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Procurement Officer in United States based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Procurement Officer in United States with a high school education can earn an average salary of 33,300 USD.

  • Certificate or Diploma. A Procurement Officer in United States with a certificate or diploma education can earn an average salary of 46,300 USD.

  • Bachelor's Degree. A Procurement Officer in United States with a bachelor's degree education can earn an average salary of 58,200 USD.

Average Salary by Education Chart

High School
33,300 USD
Certificate or Diploma +37%
46,300 USD
Bachelor's Degree +29%
58,200 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Procurement Officer Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In United States, a male procurement officer will earn an average of 43,500 USD, while a female procurement officer will earn around 41,900 USD.

This means that a male procurement officer earns approximately 4% more than a female procurement officer for performing the same job.

Average Salary by Gender Chart in United States

Male
43,500 USD
Female -4%
41,900 USD

Procurement Officer Average Pay Raise in United States

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Procurement Officer in United States is around 9% every 17 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 9 ÷ 17 ) × 12  = 6%

What this means is that a Procurement Officer in United States can expect to receive an average pay raise of around 6% every 12 months.

Annual Pay Raise by Industry in United States for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Procurement Officer Bonus and Incentive Rates in United States

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Procurement Officer is a moderate bonus based job, with 51% of employees reporting at least one bonus in the last 12 months.

49% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 4% to 5%.

Received Bonus
51%
No Bonus
49%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector
98,800 USD
Private Sector -6%
93,100 USD

Salaries for Jobs Similar to a Procurement Officer

In the table below, we have salary information for jobs that are similar to a Procurement Officer in United States.

Job Title Category Salary
Asset Management Associate Purchasing and Inventory 83,900 USD
Asset Protection Associate Purchasing and Inventory 81,300 USD
Asset Protection Specialist Purchasing and Inventory 87,600 USD
Assistant Buyer Purchasing and Inventory 78,200 USD
Buyer Purchasing and Inventory 128,200 USD
Capacity Planner Purchasing and Inventory 95,300 USD
Category Leader Purchasing and Inventory 83,200 USD
Category Management Specialist Purchasing and Inventory 88,000 USD
Category Manager Purchasing and Inventory 99,100 USD
Channel Services Representative Purchasing and Inventory 89,400 USD
Contracts Manager Purchasing and Inventory 105,800 USD
Contracts Specialist Purchasing and Inventory 88,300 USD
Demand Planner Purchasing and Inventory 95,200 USD
Demand Planning Manager Purchasing and Inventory 116,400 USD
Distribution Assistant Purchasing and Inventory 75,800 USD
Distribution Associate Purchasing and Inventory 80,800 USD
Distribution Manager Purchasing and Inventory 160,700 USD
Inventory Analyst Purchasing and Inventory 88,000 USD
Inventory Control Clerk Purchasing and Inventory 46,200 USD
Inventory Control Manager Purchasing and Inventory 117,100 USD
Inventory Management Associate Purchasing and Inventory 86,100 USD
Inventory Specialist Purchasing and Inventory 84,600 USD
Logistics Engineer Purchasing and Inventory 73,800 USD
Master Planner Purchasing and Inventory 85,500 USD
Material Handler Purchasing and Inventory 51,900 USD
Material Planning Specialist Purchasing and Inventory 76,800 USD
Merchandise Manager Purchasing and Inventory 105,200 USD
Procurement Administrator Purchasing and Inventory 99,100 USD
Procurement Agent Purchasing and Inventory 64,300 USD
Procurement Analyst Purchasing and Inventory 107,300 USD
Procurement Assistant Purchasing and Inventory 68,900 USD
Procurement Associate Purchasing and Inventory 86,800 USD
Procurement Clerk Purchasing and Inventory 44,300 USD
Procurement Engineer Purchasing and Inventory 81,000 USD
Procurement Manager Purchasing and Inventory 171,300 USD
Procurement Process Analyst Purchasing and Inventory 107,300 USD
Procurement Specialist Purchasing and Inventory 78,700 USD
Production Planner Purchasing and Inventory 94,300 USD
Project Buyer Purchasing and Inventory 105,200 USD
Purchaser Purchasing and Inventory 130,400 USD
Purchasing Agent Purchasing and Inventory 69,100 USD
Purchasing Assistant Purchasing and Inventory 45,700 USD
Purchasing Manager Purchasing and Inventory 163,800 USD
Purchasing Officer Purchasing and Inventory 76,000 USD
Purchasing Supervisor Purchasing and Inventory 115,600 USD
Shipping and Receiving Clerk Purchasing and Inventory 41,500 USD
Shipping Coordinator Purchasing and Inventory 79,000 USD
Stock Clerk Purchasing and Inventory 45,300 USD
Stock Regulator Purchasing and Inventory 51,800 USD
Storage Manager Purchasing and Inventory 114,600 USD
Store Keeper Purchasing and Inventory 43,100 USD
Stores and Logistics Coordinator Purchasing and Inventory 88,300 USD
Supply Chain Analyst Purchasing and Inventory 123,800 USD
Supply Chain Coordinator Purchasing and Inventory 86,600 USD
Supply Chain Development Manager Purchasing and Inventory 152,900 USD
Supply Chain Director Purchasing and Inventory 177,200 USD
Supply Chain Manager Purchasing and Inventory 166,600 USD
Supply Planner Purchasing and Inventory 82,300 USD
Warehouse Assistant Purchasing and Inventory 35,300 USD
Warehouse Clerk Purchasing and Inventory 38,700 USD
Warehouse Executive Purchasing and Inventory 147,900 USD
Warehouse Lead Purchasing and Inventory 95,300 USD
Warehouse Manager Purchasing and Inventory 151,800 USD
Warehouse Supervisor Purchasing and Inventory 103,600 USD
Wholesale Buyer Purchasing and Inventory 123,800 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Atlanta 39,500 USD
Austin 45,000 USD
Baltimore 39,100 USD
Boston 39,500 USD
Bristol 33,200 USD
Chicago 47,500 USD
Cincinnati 36,500 USD
Cleveland 35,300 USD
Dallas 43,800 USD
Denver 42,700 USD
Detroit 39,500 USD
Honolulu 33,000 USD
Houston 49,700 USD
Indianapolis 44,300 USD
Iowa City 33,300 USD
Jacksonville 46,700 USD
Kansas City 38,900 USD
Kent 35,500 USD
Las Vegas 41,100 USD
Long Beach 39,800 USD
Los Angeles 48,600 USD
Memphis 40,200 USD
Miami 36,700 USD
Minneapolis 35,000 USD
New Orleans 39,400 USD
New York 52,000 USD
Oakland 36,800 USD
Oklahoma City 40,200 USD
Orlando 35,400 USD
Philadelphia 46,700 USD
Phoenix 43,800 USD
Sacramento 39,100 USD
San Antonio 48,200 USD
San Diego 45,300 USD
San Francisco 46,700 USD
San Jose 44,500 USD
Seattle 46,200 USD
Tampa 33,000 USD
Vancouver 34,700 USD
Washington D.C. 42,400 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

City Average Salary
Alabama 45,200 USD
Alaska 35,200 USD
Arizona 40,300 USD
Arkansas 42,400 USD
California 45,200 USD
Colorado 44,300 USD
Connecticut 41,900 USD
Delaware 34,800 USD
District of Columbia 36,200 USD
Florida 46,300 USD
Georgia 45,800 USD
Hawaii 40,500 USD
Idaho 38,700 USD
Illinois 46,200 USD
Indiana 45,000 USD
Iowa 39,100 USD
Kansas 38,900 USD
Kentucky 40,300 USD
Louisiana 42,300 USD
Maine 36,900 USD
Maryland 42,600 USD
Massachusetts 45,000 USD
Michigan 45,200 USD
Minnesota 45,300 USD
Mississippi 39,300 USD
Missouri 40,200 USD
Montana 38,000 USD
Nebraska 37,800 USD
Nevada 40,300 USD
New Hampshire 37,800 USD
New Jersey 42,300 USD
New Mexico 39,500 USD
New York 45,200 USD
North Carolina 42,800 USD
North Dakota 35,200 USD
Ohio 45,000 USD
Oklahoma 43,500 USD
Oregon 41,900 USD
Pennsylvania 44,900 USD
Rhode Island 36,200 USD
South Carolina 39,700 USD
South Dakota 39,100 USD
Tennessee 44,900 USD
Texas 45,000 USD
Utah 41,700 USD
Vermont 35,300 USD
Virginia 45,000 USD
Washington 45,000 USD
West Virginia 36,400 USD
Wisconsin 45,200 USD
Wyoming 35,500 USD

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