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salary information

Salary Information for a Procurement Management in Detroit, MI

Median salary:

This data reflects Total Cash for a Level 1 Procurement Management at a mid-size company. To get more detailed information on total compensation for the role of Procurement Management in Detroit, MI, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

What is the adjusted total comp for a Procurement Management in Detroit, MI?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

64

Total Comp (TC)

Cost of Living (COL) Index
64
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Procurement Management in Detroit, MI?

Directs strategy to manage contracts with a company's vendors to ensure best prices. Oversees the ordering of materials a business uses in producing goods. Selects, develops and retains team members to drive success of the team/department/function.

What are the characteristics of a level 1 Procurement Management?

A level 1 Procurement Management in Detroit, MI posseses solid competence in meeting simple goals. Their work affects quality and timeline of part of product or service.

Procurement Management

Benchmark Role

Management

Job Type

Procurement

Job Family

Business

Job Area

Quality of Life in Detroit, MI on an $81,600 Salary

Living in Detroit, MI, with an $81,600 annual salary can offer a relatively comfortable lifestyle due to the city's unique economic landscape. Below is an overview of how this salary aligns with Detroit's cost of living, housing market, quality of life, access to healthcare, and educational opportunities.

Cost of Living

  • Overall Cost: Detroit's cost of living is generally lower than the national average, making an $81,600 salary more substantial compared to other U.S. cities.
  • Utilities and Groceries: These essentials are relatively affordable, contributing to a manageable monthly budget.
  • Transportation: Public transit options are available, and gasoline expenses are reasonable, further supporting cost-effective commuting.

Housing Market

  • Home Prices: The median home price in Detroit is significantly lower than the national average, allowing individuals with an $81,600 income to explore home ownership with relative ease.
  • Rental Market: Rental costs are also below the national norms, which is beneficial if homeownership isn't an immediate goal.
  • Real Estate Trends: Although property values have been increasing, they still remain more accessible compared to other large metropolitan areas.

Quality of Life

  • Community and Culture: Detroit boasts a rich cultural scene with numerous museums, music venues, and festivals that are cost-friendly.
  • Recreation: Access to parks and recreational activities is plentiful, promoting an active and engaging lifestyle.

Access to Healthcare

  • Healthcare Facilities: Detroit is home to several renowned medical centers, providing ample access to quality healthcare services.
  • Affordability: Healthcare costs can vary, but there are competitive options available which can fit within an $81,600 salary budget, especially with employer-provided health insurance plans.

Quality of K-12 Schools

  • Public Schools: The Detroit Public School system has faced challenges but is seeing improvements with increased investment and reform efforts.
  • Private and Charter Schools: There are various private and charter schools that provide alternative educational opportunities at competitive rates.
  • Educational Initiatives: Community efforts to bolster education quality are ongoing, aimed at improving outcomes across the board.

In summary, an individual earning $81,600 annually in Detroit, MI, is likely to enjoy a decent quality of life, thanks to the city's affordable cost of living, accessible housing market, and cultural vibrancy. While

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OpenComp aggregates multiple data sources to provide accurate salary data for Detroit, MI, specifically for a Level 1 Procurement Management. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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