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Purchase Analyst Careers

There is more than meets the eye when it comes to being a purchase analyst. For example, did you know that they make an average of $24.05 an hour? That's $50,031 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

What Does a Purchase Analyst Do

There are certain skills that many purchase analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, communication skills and interpersonal skills.

When it comes to the most important skills required to be a purchase analyst, we found that a lot of resumes listed 14.4% of purchase analysts included supplier performance, while 11.0% of resumes included purchase orders, and 5.7% of resumes included vendor invoices. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.

When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the purchase analyst job title. But what industry to start with? Most purchase analysts actually find jobs in the manufacturing and technology industries.

How To Become a Purchase Analyst

If you're interested in becoming a purchase analyst, one of the first things to consider is how much education you need. We've determined that 54.7% of purchase analysts have a bachelor's degree. In terms of higher education levels, we found that 24.5% of purchase analysts have master's degrees. Even though most purchase analysts have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a purchase analyst. When we researched the most common majors for a purchase analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on purchase analyst resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a purchase analyst. In fact, many purchase analyst jobs require experience in a role such as buyer. Meanwhile, many purchase analysts also have previous career experience in roles such as purchasing agent or administrative assistant.

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Average Salary
$50,031
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
35,362
Job Openings

Purchase Analyst Career Paths

Top Careers Before Purchase Analyst

Buyer
20.5 %

Top Careers After Purchase Analyst

Buyer
24.2 %

What is the right job for my career path?

Tell us your goals and we'll match you with the rights job to get there.

Average Salary for a Purchase Analyst

Purchase Analysts in America make an average salary of $50,031 per year or $24 per hour. The top 10 percent makes over $66,000 per year, while the bottom 10 percent under $37,000 per year.
Average Salary
$50,031

Best Paying Cities

City
ascdesc
Average Salarydesc
Paramus, NJ
Salary Range52k - 83k$66k$66,082
Detroit, MI
Salary Range47k - 75k$60k$60,108
New York, NY
Salary Range47k - 75k$60k$59,662
Amarillo, TX
Salary Range46k - 75k$59k$59,365
Cleveland, OH
Salary Range44k - 69k$56k$55,515
Niles, IL
Salary Range43k - 67k$54k$54,383
$32k
$83k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Purchasing Analyst Posting #080
Purchasing Analyst Posting #080
Cupertino Union School District
Cupertino Union School District
01/29/2021
01/29/2021
$65,05201/29/2021
$65,052
Purchasing Analyst
Purchasing Analyst
Robert Half
Robert Half
01/28/2021
01/28/2021
$37,56601/28/2021
$37,566
Purchasing Analyst
Purchasing Analyst
Robert Half
Robert Half
01/28/2021
01/28/2021
$50,00001/28/2021
$50,000
Purchasing Card Analyst
Purchasing Card Analyst
Aerotek
Aerotek
01/18/2021
01/18/2021
$37,56601/18/2021
$37,566
Purchasing Analyst, Body
Purchasing Analyst, Body
Rivian
Rivian
01/15/2021
01/15/2021
$100,00001/15/2021
$100,000
See More Recent Salaries

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Purchase Analyst Demographics

Gender

female

51.4 %

male

44.3 %

unknown

4.3 %

Ethnicity

White

72.1 %

Asian

10.4 %

Hispanic or Latino

7.6 %

Foreign Languages Spoken

Spanish

52.0 %

German

8.0 %

French

8.0 %
See More Demographics

Purchase Analyst Education

Majors

Business
41.1 %
Finance
7.9 %

Degrees

Bachelors

54.7 %

Masters

24.5 %

Associate

9.1 %

Top Colleges for Purchase Analysts

1. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

5. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

6. Pennsylvania State University

University Park, PA • Public

In-State Tuition
$18,454
Enrollment
40,108

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

9. University of Georgia

Athens, GA • Public

In-State Tuition
$11,830
Enrollment
29,474

10. Ball State University

Muncie, IN • Public

In-State Tuition
$9,896
Enrollment
15,529
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Purchase Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.4% of purchase analysts listed supplier performance on their resume, but soft skills such as analytical skills and communication skills are important as well.

  • Supplier Performance, 14.4%
  • Purchase Orders, 11.0%
  • Vendor Invoices, 5.7%
  • Cost Reduction, 5.2%
  • Continuous Improvement, 4.5%
  • Other Skills, 59.2%
  • See All Purchase Analyst Skills

Best States For a Purchase Analyst

Some places are better than others when it comes to starting a career as a purchase analyst. The best states for people in this position are New Jersey, Washington, Virginia, and Connecticut. Purchase analysts make the most in New Jersey with an average salary of $65,985. Whereas in Washington and Virginia, they would average $61,484 and $60,895, respectively. While purchase analysts would only make an average of $60,745 in Connecticut, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. District of Columbia

Total Purchase Analyst Jobs:
788
Highest 10% Earn:
$107,000
Location Quotient:
4.04
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. New Jersey

Total Purchase Analyst Jobs:
971
Highest 10% Earn:
$102,000
Location Quotient:
1.05
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Virginia

Total Purchase Analyst Jobs:
1,998
Highest 10% Earn:
$93,000
Location Quotient:
1.82
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
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Top Purchase Analyst Employers

1. Caterpillar
4.8
Avg. Salary: 
$80,035
Purchase Analysts Hired: 
84+
2. Kawasaki Rail Car
4.0
Avg. Salary: 
$48,392
Purchase Analysts Hired: 
21+
3. Owens & Minor
4.5
Avg. Salary: 
$45,808
Purchase Analysts Hired: 
15+
4. Randstad USA
4.1
Avg. Salary: 
$46,374
Purchase Analysts Hired: 
14+
5. Stryker
4.8
Avg. Salary: 
$70,532
Purchase Analysts Hired: 
13+
6. Harley-Davidson
4.6
Avg. Salary: 
$45,105
Purchase Analysts Hired: 
13+

Purchase Analyst Videos

Updated October 2, 2020