The annual salary statistics of financial managers in Buffalo-Niagara Falls, New York is shown in Table 1. The wage statistics of financial managers in Buffalo-Niagara Falls is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $79,650 |
| 25th Percentile Wage | $101,620 |
| 50th Percentile Wage | $142,850 |
| 75th Percentile Wage | $193,700 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for financial managers in Buffalo-Niagara Falls, New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $193,700. The median (50th percentile) annual salary is $142,850. The average annual salary for the bottom 10 percent earners is $79,650.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $142,850 | 8.20% | 21.24% |
| 2018 | $131,140 | -3.25% | - |
| 2017 | $135,400 | 13.68% | - |
| 2016 | $116,880 | 3.77% | - |
| 2015 | $112,470 | 3.23% | - |
| 2014 | $108,840 | -2.20% | - |
| 2013 | $111,230 | -1.15% | - |
| 2012 | $112,510 | - | - |
From Table 3 we note that the median annual salary of $142,850 in Buffalo-Niagara Falls is in the middle of salary range for financial managers in state of New York. In comparison, the annual salary of financial managers in Buffalo-Niagara Falls is 26.5 percent (26.5%) lower than that in the highest paying New York-Northern New Jersey-Long Island and 27.4 percent (27.4%) higher than that in the lowest paying Kingston.