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Financial Planner Salary in Buffalo, NY

Financial Planner salary data for Buffalo, NY — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Financial Planner Salary in Buffalo, NY — 2026

The median Financial Planner salary in Buffalo, NY is $82,720 per year ($6,893/month, $40/hr). This reflects the local cost of living index of 88, which is 12% below the national average.

Entry Level
$49K
$24/hr
Median
$83K
$40/hr
Senior
$113K
$54/hr
Top Earner
$159K
$77/hr

Financial Planner Take-Home Pay in Buffalo

Tax Breakdown (Median Salary)

Gross Annual$82,720
Federal Tax-$9,812
State Tax (6.3%)-$5,236
FICA (SS + Medicare)-$6,328
Annual Take-Home$61,343
Monthly Take-Home$5,112

Living Cost Comparison

Median Rent$1,000/mo
Rent-to-Income Ratio14.5%
Median Home Price$185,000
Cost of Living Index88
City Median Salary$55,000
Financial Planner vs City Median+$27,720

Financial Planner Requirements

Education
Bachelor's Degree
Experience
2-5 years
Job Growth
15.0% (2024-2034)

Key Skills

Retirement PlanningTax PlanningInvestment ManagementInsuranceEstate Planning

Buffalo Job Market Overview

Buffalo, New York has a population of 278,349 and an unemployment rate of 4.5%. The top industries are Healthcare, Education, Finance. The local job growth rate is 1.2%, and the average commute time is 22 minutes.

Frequently Asked Questions

What is the average Financial Planner salary in Buffalo, NY?
The median Financial Planner salary in Buffalo, NY is $82,720 per year as of 2026. This is adjusted for the local cost of living index of 88. Entry-level Financial Planners earn around $49,280, while senior-level professionals can earn $112,640 or more.
How much does a Financial Planner take home in Buffalo after taxes?
A Financial Planner earning the median salary of $82,720 in Buffalo, NY takes home approximately $61,343 per year ($5,112/month) after federal, state, and local taxes. The effective tax rate is 25.8%.
Is Buffalo a good city for Financial Planners?
Buffalo, NY has a cost of living index of 88 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 4.5% and top industries include Healthcare, Education, Finance.
What skills are needed for a Financial Planner in Buffalo?
Key skills for Financial Planners include Retirement Planning, Tax Planning, Investment Management, Insurance, Estate Planning. Typical education requirement is Bachelor's Degree. Valuable certifications include CFP, ChFC, Series 65.
How does Financial Planner salary in Buffalo compare to the national average?
The national median Financial Planner salary is $94,000. In Buffalo, the adjusted salary is $82,720, which is 12.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Financial Planner salary in Buffalo, NY?

The median Financial Planner salary in Buffalo, NY is $82,720 per year as of 2026. This is adjusted for the local cost of living index of 88. Entry-level Financial Planners earn around $49,280, while senior-level professionals can earn $112,640 or more.

How much does a Financial Planner take home in Buffalo after taxes?

A Financial Planner earning the median salary of $82,720 in Buffalo, NY takes home approximately $61,343 per year ($5,112/month) after federal, state, and local taxes. The effective tax rate is 25.8%.

Is Buffalo a good city for Financial Planners?

Buffalo, NY has a cost of living index of 88 (below national average). Financial Planners here earn above the city median. The local unemployment rate is 4.5% and top industries include Healthcare, Education, Finance.

What skills are needed for a Financial Planner in Buffalo?

Key skills for Financial Planners include Retirement Planning, Tax Planning, Investment Management, Insurance, Estate Planning. Typical education requirement is Bachelor's Degree. Valuable certifications include CFP, ChFC, Series 65.

How does Financial Planner salary in Buffalo compare to the national average?

The national median Financial Planner salary is $94,000. In Buffalo, the adjusted salary is $82,720, which is 12.0% lower than the national average, reflecting the local cost of living.