Financial Risk Specialist Salary in Buffalo, NY
Financial Risk Specialists in the Buffalo-Cheektowaga, NY metro area earn a median $96,980 a year — 17% less than the national median. After 2026 taxes, that is $72,374 take-home, or $6,031 a month.
Take-home pay calculator
Pre-filled with the median financial risk specialist salary in Buffalo, NY. Enter your own offer to see your paycheck.
- Federal income tax$12,506
- Social Security (6.2%)$6,013
- Medicare (1.45%)$1,406
- New York income tax$4,682
- Take-home pay$72,374
Marginal rate: 22% federal + 5.90% state
Financial Risk Specialist pay by experience in Buffalo, NY
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $62,830 | $30.21 | $49,868 | $4,156 |
| 25th percentile | $77,170 | $37.10 | $59,549 | $4,962 |
| Median (50th) | $96,980 | $46.63 | $72,374 | $6,031 |
| 75th percentile | $125,910 | $60.53 | $90,937 | $7,578 |
| 90th percentile (top earners) | $154,470 | $74.26 | $108,773 | $9,064 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, New York resident, 2026 tax rules.
What $96,980 buys in Buffalo, NY
Prices in Buffalo, NY are 4.2% lower than the U.S. average (housing costs are 19% below the national average). Adjusted for local prices, a median financial risk specialist's $72,374 take-home pay has the buying power of $75,512 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Buffalo, NY has 2.1× the national concentration of financial risk specialist jobs — a strong local market for this occupation.
Best-paying cities for financial risk specialists, adjusted for cost of living
Buffalo, NY ranks #21 of 27 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | San Jose, CA | $166,240 | $111,499 | $100,975 |
| 2 | Charlotte, NC | $133,530 | $97,715 | $100,377 |
| 3 | San Francisco, CA | $167,440 | $112,192 | $97,041 |
| 4 | Philadelphia, PA | $130,880 | $96,704 | $94,296 |
| 5 | Seattle, WA | $134,330 | $103,081 | $92,754 |
| 6 | New York, NY | $139,670 | $99,530 | $88,422 |
| 7 | Boston, MA | $132,580 | $95,475 | $88,186 |
| 8 | San Antonio, TX | $103,990 | $81,987 | $86,561 |
| 21 | Buffalo, NY | $96,980 | $72,374 | $75,512 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 27 metros →
Financial Risk Specialist salaries elsewhere in New York
- New York, NY — $139,670
Frequently asked questions
How much does a financial risk specialist make in Buffalo, NY?
The median financial risk specialist salary in the Buffalo-Cheektowaga, NY metro area is $96,980 a year, or about $46.63 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $77,170 and $125,910.
What is a financial risk specialist’s take-home pay in Buffalo, NY?
On the median $96,980 salary, a single filer living in New York takes home about $72,374 a year ($6,031 a month) after federal tax, Social Security, Medicare and $4,682 in New York taxes in 2026.
Is Buffalo, NY a good place to work as a financial risk specialist?
Pay here is 17% below the national median of $117,330. Local prices are 4.2% below the U.S. average, so the take-home pay buys what $75,512 would in a typical U.S. city. Buffalo, NY ranks #21 of 27 metro areas for cost-of-living-adjusted pay in this job.
Can a financial risk specialist afford rent in Buffalo, NY?
HUD’s fair market rent for a one-bedroom in Buffalo, NY is $1,139 a month ($1,343 for two bedrooms) — 19% of a median financial risk specialist’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Buffalo, NY
- Personal Financial Advisor — $103,650
- Project Management Specialist — $101,180
- Credit Analyst — $99,640
- Financial and Investment Analyst — $96,490
- Labor Relations Specialist — $95,740
- Management Analyst — $84,710
- Compliance Officer — $82,450
- Accountant and Auditor — $82,120
- Logistician — $79,060
- Claims Adjusters, Examiners, and Investigators — $78,810
- Financial Examiner — $77,100
- Loan Officer — $76,170