The annual salary statistics of financial analysts in Buffalo-Niagara Falls, New York is shown in Table 1. The wage statistics of financial analysts in Buffalo-Niagara Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $58,780 |
| 25th Percentile Wage | $64,300 |
| 50th Percentile Wage | $82,050 |
| 75th Percentile Wage | $106,470 |
| 90th Percentile Wage | $147,890 |
Table 1 shows the average annual salary for financial analysts in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $147,890. The median (50th percentile) annual salary is $82,050. The average annual salary for the bottom 10 percent earners is $58,780.
The table and chart below show the trend of the median salary of financial analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $82,050 | 3.23% | 19.38% |
| 2021 | $79,400 | 11.84% | - |
| 2018 | $70,000 | -0.29% | - |
| 2017 | $70,200 | 1.13% | - |
| 2016 | $69,410 | 4.61% | - |
| 2015 | $66,210 | 3.91% | - |
| 2014 | $63,620 | -5.53% | - |
| 2013 | $67,140 | 1.47% | - |
| 2012 | $66,150 | - | - |
From Table 3 we note that the median annual salary of $82,050 in Buffalo-Niagara Falls is in the middle of salary range for financial analysts in state of New York. In comparison, the annual salary of financial analysts in Buffalo-Niagara Falls is 33.4 percent (33.4%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 31.6 percent (31.6%) higher than that in the lowest paying Central New York nonmetropolitan area.