How Much Do Procurement Administrators Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary procurement administrators make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for procurement administrators and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of procurement administrators are offering as compensation.
Keep reading to learn more about how much procurement administrators can expect to make in the United States.
At a Glance: Salary & Jobs for Procurement Administrators
According to data from 2023, there were about 79,761 positions for procurement administrators in the United States. In terms of salary, the national median salary for procurement administrators was reported to be $136,386. Additionally, when examining job demand, employers across the country posted 44,813 job postings related to positions for procurement administrators.
How Much Money Do Procurement Administrators Make?
Median salary is just one data point. To build a better understanding of how much money procurement administrators and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for procurement administrators.
Annual Salary for Procurement Administrators
According to the BLS, the lowest earners for procurement administrators and related professions earned about $83,512 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $215,176 annually.
As mentioned previously, the median salary for procurement administrators in the United States in 2023 was $136,386.
Annual Salary Range For Procurement Administrators In 2023
Hourly Salary for Procurement Administrators
The BLS also breaks down compensation for procurement administrators by hourly salary, and the median average hourly pay for procurement administrators in 2023 was $66. Lowest hourly earners took home $40 while the highest reported hourly salaries for procurement administrators was $103.
Hourly Salary Range For Procurement Administrators In 2023
Top Online College For Working Adults
Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.
Degree Options for Procurement Administrators
Gain college credit for your training and work experience and prepare to move into management or grow your small business.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Build a strong foundation of real-world business knowledge suitable for a variety of career options in your industry of choice.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Build on your associate's degree and improve efficiency by designing and developing effective supply chains.
- Class Type: 100% online
- Cost Per Credit: $398
Improve product workflow, streamline operational efficiency, and “green” your business in today’s global business environment.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
Develop into a well-rounded, adaptive and strategic business leader with a comprehensive mindset.
- Placement Tests: GMAT/GRE not required for admission
Advertised Compensation for Procurement Administrators
Data from the BLS is one way to dig into compensation for procurement administrators, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for procurement administrators.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Procurement Administrators
Advertised Annual Salary
During a review of 55,219 job postings related to procurement administrators, advertised salary was included in 18,014 of them, which was 33%. Based on those postings, the median advertised salary for procurement administrators was $115,072 per year.
Hourly Salary from Job Postings for Procurement Administrators
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for procurement administrators. Based on 40% of postings with advertised compensation, the median hourly salary for open positions for procurement administrators in the United States is about $55.
Salary Trend for Procurement Administrators
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for procurement administrators. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for procurement administrators dating back to September 2020, advertised salaries for procurement administrators have increased 43%.
Advertised Wage Trend For Procurement Administrators
What's the Job Growth for Procurement Administrators?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for procurement administrators over the next 10 years.
According to the data obtained through Lightcast,™ there were 79,859 jobs for procurement administrators in the United States in 2023. By 2033, it is expected that about 7,045 jobs will be added. That's a 8.8% increase over the next 10-year period.
Employment Projections For Procurement Administrators
Additional Links
Ready to dig deeper into career information about procurement administrators? Visit our other pages focused on salary and education for procurement administrators.
What do procurement administrators do?
Procurement Administrators: How do you become one?
All Occupations
The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.