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Job outlook for procurement analysts in the United States
Procurement analyst job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected procurement analyst job growth rate is 11% from 2018-2028.
About 108,400 new jobs for procurement analysts are projected over the next decade.
Procurement analyst salaries have increased 8% for procurement analysts in the last 5 years.
There are over 5,591 procurement analysts currently employed in the United States.
There are 75,154 active procurement analyst job openings in the US.
The average procurement analyst salary is $64,448.
Are procurement analyst jobs in demand?
Procurement analyst job and salary trends over time
Procurement analyst jobs over time
Procurement analyst job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 5,591 | 0.00% |
| 2020 | 5,344 | 0.00% |
| 2019 | 5,266 | 0.00% |
| 2018 | 5,086 | 0.00% |
| 2017 | 5,036 | 0.00% |
Average procurement analyst salary over time
Procurement analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $64,448 | $30.98 | +2.8% |
| 2024 | $62,683 | $30.14 | +2.0% |
| 2023 | $61,470 | $29.55 | +1.4% |
| 2022 | $60,617 | $29.14 | +1.4% |
| 2021 | $59,794 | $28.75 | +0.0% |
Procurement analyst jobs by state
Most common states for procurement analysts
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 759 | 109% |
| 2 | Virginia | 8,470,020 | 2,057 | 24% |
| 3 | Maryland | 6,052,177 | 1,186 | 20% |
| 4 | Massachusetts | 6,859,819 | 1,070 | 16% |
| 5 | Delaware | 961,939 | 146 | 15% |
| 6 | Colorado | 5,607,154 | 758 | 14% |
| 7 | Minnesota | 5,576,606 | 696 | 12% |
| 8 | Illinois | 12,802,023 | 1,472 | 11% |
| 9 | Georgia | 10,429,379 | 1,113 | 11% |
| 10 | Rhode Island | 1,059,639 | 112 | 11% |
| 11 | Alaska | 739,795 | 83 | 11% |
| 12 | Wyoming | 579,315 | 62 | 11% |
| 13 | North Carolina | 10,273,419 | 1,028 | 10% |
| 14 | Washington | 7,405,743 | 720 | 10% |
| 15 | Arizona | 7,016,270 | 712 | 10% |
| 16 | Oregon | 4,142,776 | 434 | 10% |
| 17 | Utah | 3,101,833 | 315 | 10% |
| 18 | Hawaii | 1,427,538 | 139 | 10% |
| 19 | New Hampshire | 1,342,795 | 129 | 10% |
| 20 | North Dakota | 755,393 | 75 | 10% |
Most common cities for procurement analysts
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Fairfax | 2 | 8% | $77,636 |
| 2 | Diamond Bar | 2 | 4% | $62,611 |
| 3 | Mountain View | 2 | 2% | $71,177 |
| 4 | Nashua | 2 | 2% | $70,831 |
| 5 | Washington | 8 | 1% | $97,255 |
| 6 | Atlanta | 5 | 1% | $65,150 |
| 7 | Tampa | 4 | 1% | $50,771 |
| 8 | Miami | 3 | 1% | $49,819 |
| 9 | Fort Wayne | 2 | 1% | $48,907 |
| 10 | Newport News | 2 | 1% | $76,998 |
| 11 | Chicago | 5 | 0% | $68,543 |
| 12 | Indianapolis | 4 | 0% | $47,860 |
| 13 | San Jose | 3 | 0% | $70,955 |
| 14 | Austin | 2 | 0% | $59,426 |
| 15 | Los Angeles | 2 | 0% | $62,736 |
| 16 | Phoenix | 2 | 0% | $57,029 |
Procurement Analyst job outlook: Expert opinions
Our panel of procurement analyst experts
UMass Lowell
University of Cincinnati Clermont College
University of Washington
University of Southern Maine
Western Kentucky University
John Jay College of Criminal Justice of the City University of New York
University of California, Santa Cruz
University of Minnesota - Twin Cities
Manhattan College
Coastal Carolina University
Drexel University
University of New Mexico
Fairfield University
Siena College
Wake Forest University
University of Delaware
Michael Ciuchta Ph.D.
Associate Professor, Program Coordinator, Masters of Science in EntrepreneurshipUMass Lowell
Department of Marketing, Entrepreneurship & Innovation
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Michael Ciuchta Ph.D.: Obviously we are seeing a tremendous increase in AI and other digital technologies. These will become a more crucial skill set for many careers going forward. But I wouldn't downplay the role of what are traditionally seen as soft skills like empathy, communications, and judgment. Not only can these distinguish you from robots but from your human competitors as well.
What will help Procurement Analysts increase their earning potential?
Michael Ciuchta Ph.D.: If all you want is the highest potential starting salary, then you should aim for careers that offer them. But that is a shortsighted way to view things. For example, many careers that have tournament-like pay structures (think entertainment) often have very low starting salaries but the so-called winners enjoy outsized financial gains. If you are thinking about a more traditional career, I think it's important to make sure you are more valuable to your employer than they are to you. This means you have to market yourself, both to your current employer as well as to potential ones. Of course, this approach may not be for everyone and maximizing your salary potential is only one thing you should be considering when assessing job and career opportunities.
What will help Procurement Analysts increase their earning potential?
Dr. David Powell Ph.D.: MPA (Master's of Public Administration) graduates typically work in local, state, and national government. Some of the positions they typically hold are management analyst, program analyst, policy analyst, budget analyst, finance manager, and human resources manager/specialist among others. We also have graduates who work in local nonprofit organizations in a variety of policy areas such as housing, senior services, etc.
Keith Kerr Prof.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Keith Kerr Prof.: There are two basic ways that most people in the US find financial success: Either find a job that pays a high salary, or find a career that you love, regardless of the salary, and make a habit of saving and investing part of your income each month starting with your first paycheck.
If you invest only $90 a month starting at 21 and ending at retirement, you would have a bit over 1 million dollars (assuming a 10% annual gain). Wait just 5 years and start doing this at 26 and your 5 years of time will have cost you $400,000 by retirement. This is the power of compounding. Start early and even with a lower salary, you still can find financial success while pursuing careers that are meaningful to you.
What will help Procurement Analysts increase their earning potential?
Keith Kerr Prof.: Grant writing is perhaps the most important skill for sociology majors to acquire. Not all sociology programs offer such skills (luckily my department at Quinnipiac does), but all sociology programs offer courses in research methodology. These skills are all skills that are needed to successfully write grants.
More so, with the research skills and practice in grant writing, one is in a position to approach potential employers as a hire that will more than pay for itself in the grant money that the potential employee can bring into the organization.
Fawen Zhang PhD
Professor of AudiologyUniversity of Cincinnati Clermont College
Communication Disorders Sciences And Services
What will help Procurement Analysts increase their earning potential?
Fawen Zhang PhD: This is perfect! Thank you so much. We will be sure to feature your response in the article and send a draft over for your review before we promote it.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Victor Menaldo: Interacting with AI and knowing how to best exploit it to get the most out of it: increase productivity and value added in whatever field one is in.
Tove Rasmussen
LecturerUniversity of Southern Maine
Specialized Sales, Merchandising And Marketing Operations
What general advice would you give to a Procurement Analyst?
Tove Rasmussen: Tove Rasmussen advises graduates beginning their career in the field to...
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Timothy Rich PhD: Think about the types of jobs that interest you and the skills necessary for those jobs early. So many students start thinking about post-graduation life spring their senior year, when it should be an incremental process much earlier. Another pieces of advice would be to talk to faculty and alum about your interests, find internship or research opportunities when possible, and try to figure out early your strengths and weaknesses. It's easy for students, especially high performing ones, to not fully consider what their weaknesses are. I encourage students to jot down what they see as their skills too and to share them with others. It helps them to identify what's a common skill versus something that might make them stick out.
Professor Shonna Trinch Ph.D.
ProfessorJohn Jay College of Criminal Justice of the City University of New York
Ethnic, Cultural Minority, Gender, And Group Studies
What general advice would you give to a Procurement Analyst?
Professor Shonna Trinch Ph.D.: Being able to negotiate a salary is also a skill that students need to learn and one that is rarely taught in college. Students need to be able to ask for more than they are offered, but also take jobs at entry levels, prove themselves and then ask for an increase in pay six months into the job after they have shown that they are doing the work and achieving their goals.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Stephanie Lain Ph.D.: I would advise graduates to be open to considering jobs in lots of different fields. The skills acquired through their major- such as problem-solving, critical thinking, and writing- are ones that transfer well to a variety of situations.
What general advice would you give to a Procurement Analyst?
Dr. Paige Novak P.E. (Minnesota), BCEE: Ask questions, stay curious and open minded, take opportunities to learn and develop new skills.
What general advice would you give to a Procurement Analyst?
Dr. Natalia Boliari PhD: First, learn everything about the company you just started working for - its historical path, management, the way it's dealt with crises, etc. Second, learn everything about the specific industry the company belongs to and see how the company has developed relative to the development of the industry domestically and internationally. Third, always be extremely alert to notice new opportunities and be prepared to take calculated risks. That is, actively look for opportunities to complete as many and diverse tasks as possible, and volunteer to complete any type of work regardless of whether it seems relevant to your assigned job or not. Opportunities to learn, grow, and improve and thus to maximize your income, will only come up if you are exposed to diverse situations.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Dr. Natalia Boliari PhD: Be open minded. Finance is the broad definition of an industry which provides opportunities for careers in financial consultancy, financial analysis, stock brokerage, foreign investment, modeling, exchange rate forecasts, and many more. While most of those careers are attributed to the banking industry, you can find those and others in other sectors of the economy, such as insurance, technology, health care/medical, government, and so on. So, be open and look beyond the banking sector, examine the current and predicted trends in the economy to hunt for exciting career options.
Mark Chandler
Director of Government Relations and Professor of PracticeCoastal Carolina University
Intelligence, Command Control And Information Operations
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Mark Chandler: First, focus on being good at your job. Focus on learning your specific assigned area. Get the basics down – analytic skills, communication skills. Build a strong work ethic and professional foundation. If you can find a good mentor, link up with them. Be willing to go the “extra mile” in being a team player and doing things to help others on the team, and put in the hours. In intelligence, you will not always like what policy makers do or say. It’s not our job to agree or disagree with the policy, our job is to study the situation, present the facts and then present a fact-based analytic assessment. Keep opinion, bias, and politics out of our work. This will be a challenge, but it’s one you have to recognize in order to not succumb to it.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Mark Stehr PhD: At the start of your career, it's very important to land a role where you learn a lot and find good mentors. The additional skills will pay dividends as your career progresses.
What will help Procurement Analysts increase their earning potential?
Mary Rodena-Krasan Ph.D.: A degree in German Studies is extraordinarily flexible, giving you a skill set that makes you suitable to a variety of fields. Be open to every opportunity and never underestimate the skill sets learning a new language has afforded you - cross-cultural competence, interlinguistic technological adeptness, problem solving, information analysis, and critical thinking. Employers want someone they don't have to hand-hold. Studying a foreign language requires a lot of self-initiative - apply that to every assignment at the job and don't be afraid to suggest approaches! Your ability to undertake something new and be successful has already been proven by your German studies degree!
Dr. Maggie Siebert Ph.D.
Epidemiologist, NMDOHUniversity of New Mexico
Health/Medical Preparatory Programs
What will help Procurement Analysts increase their earning potential?
Dr. Maggie Siebert Ph.D.: Programming languages for reporting, querying, and optimizing/automating
What general advice would you give to a Procurement Analyst?
John McDermott Ph.D.: To maximize your salary potential, keep learning, investing in your human capital, and expanding your capabilities. Learn as much as you can about your new position and industry, work with a variety of people at your firm, and seek opportunities outside your comfort zone. Your salary potential will increase as you are recognized as a capable and hard working colleague.
Feng Dong
Assistant Professor of Finance, Douglas Hickey Chair in Business, Siena CollegeSiena College
Finance And Financial Management Services
What will help Procurement Analysts increase their earning potential?
Feng Dong: Finance analysts often appreciate the clear career growth and opportunities in the field. There are well-defined paths for advancing to senior roles like Finance Manager, Director of Finance, or CFO. You can work in different industries and specialize in specific areas, which opens up a wide range of career options. You get to shape your career based on your interests and strengths. Plus, the pay is quite competitive. Finance analysts usually receive high salaries, benefits, and performance-based bonuses. Also, finance analysts are getting to work with advanced financial software, data analytics tools, and cutting-edge technologies like AI and machine learning. It keeps the work interesting and innovative. However, the pressure can be intense, with tight deadlines and the huge impact financial decisions can have on a company's performance. It can be especially tough for newcomers. And the long hours are a common complaint. During critical financial reporting periods, work-life balance can take a hit with extra hours, including evenings and weekends. Some roles and industries are particularly demanding during budgeting and auditing seasons. On top of that, technical issues with financial software and tools can be a major headache. And with technology constantly evolving, you need to keep up and keep learning, which can be demanding.
What Procurement Analyst skills would you recommend for someone trying to advance their career?
Dr. Mark Evans: Don't stop learning. Treat your first job like more graduate school. Learn everything you can.
What will help Procurement Analysts increase their earning potential?
Bryan Crissinger: Generative AI seems to be a popular topic these days and so the technical skills required for the development and deployment those algorithms will continue to be in demand. Those algorithms, however, can be black boxes, and so the ability to explain how they work to stakeholders is key. More generally, the ability to understand a problem, formulate a solution, and be able to clearly communicate with others in that entire process has been identified by one of our internship employers as a very important skill.
What will help Procurement Analysts increase their earning potential?
Clemens Kownatzki PhD, MBA: As a beginner in any field, it pays to listen more than to talk. Be humble, pay attention, be nice to folks and probably most helpful is having a mentor who can guide you along and show you some best practices for navigating your career. You should take advantage of your education, not just to show a piece of paper that says you graduated but think of every single project, essay or paper that you write as part of a portfolio that demonstrates your skill sets. Especially in finance where we can sometimes be enamored with the beauty of a mathematical model, think about how any model should be applied in the real world. In some cases that might mean that you have to “get your hands on the wheel and learn how to drive.” I am not suggesting that you should put all your savings at risk and buy the next iteration of the latest cryptocurrency, but If you’re interested in a career in investing, put a small amount of money at risk and trade a stock, or if you must trade a few dollars’ worth of Bitcoin or Ether – as much as you would risk for a movie ticket seems reasonable. There are lots of virtual trading apps where you can trade with paper money, but there’s nothing like understanding risk when your own dollars are at stake, even if it’s just a few dollars. You should also absorb all the workshops, seminars and resources available out there. Follow Prof. Aswath Damodaran who has a YouTube Channel and hundreds of spreadsheets with financial models, all for free! Also follow some good content providers on various channels to get additional insights – in the field of finance, you need to be up-to-date on all events because those influence markets and the economy. Be ready to continue learning and update your skills and understanding while you’re working. Education doesn’t end after you finish your degree. All successful people are life-long learners.