How much does a Merchandise Buyer make hourly in the United States? The average hourly wage for a Merchandise Buyer in the United States is $50 as of February 26, 2024, but the range typically falls between $43 and $58. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Merchandise Buyer Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Merchandise Buyer Salary $37 US February 26, 2024
25th Percentile Merchandise Buyer Salary $43 US February 26, 2024
50th Percentile Merchandise Buyer Salary $50 US February 26, 2024
75th Percentile Merchandise Buyer Salary $58 US February 26, 2024
90th Percentile Merchandise Buyer Salary $65 US February 26, 2024
25% $43 10% $37 90% $65 75% $58 $50 50%(Median) Didn’t find job title? Click
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What skills does a Merchandise Buyer need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

3.

Financial Planning: In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal plans. This often includes a budget which organizes an individual's finances and sometimes includes a series of steps or specific goals for spending and saving in the future. This plan allocates future income to various types of expenses, such as rent or utilities, and also reserves some income for short-term and long-term savings. A financial plan is sometimes referred to as an investment plan, but in personal finance a financial plan can focus on other specific areas such as risk management, estates, college, or retirement.

Analysis 0.05%
Pricing 0.01%
Financial Planning 0.01%
Others 99.93%

Job Description for Merchandise Buyer

Merchandise Buyer selects merchandise for order, places order, and stays involved in inventory distribution. Reviews success of previous orders to determine extent to which inventory should be replenished. Being a Merchandise Buyer researches new trends or advances in product lines to make appropriate buying decisions. May require a bachelor's degree in area of specialty. Additionally, Merchandise Buyer typically reports to a supervisor or manager. To be a Merchandise Buyer typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)... View full job description

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Career Path for Merchandise Buyer

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Merchandise Buyer, the first career path typically progresses to Merchandise Buyer, Sr..

Additionally, the second career path typically progresses to Merchandise Planning Manager.

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Merchandise Buyer salary varies from city to city. Compared with national average salary of Merchandise Buyer, the highest Merchandise Buyer salary is in San Francisco, CA, where the Merchandise Buyer salary is 25.0% above. The lowest Merchandise Buyer salary is in Miami, FL, where the Merchandise Buyer salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total hourly compensation opportunity for a Merchandise Buyer, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
43
58
50

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
47
64
54
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Merchandise Buyer in the United States. The average hourly rate for Merchandise Buyer ranges from $43 to $58 with the average hourly pay of $50. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $47 to $64 with the average total hourly cash compensation of $54.
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43
58

 

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Skills associated with Merchandise Buyer: Replenishment and Ordering, Inventory Management, Retail Buying

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Merchandise Buyer Salary in United States
Merchandise Buyer Salary Graph, Regional Distribution and Summary