Financial Advisor Pay

Buffalo vs Hempstead: Financial Advisor Salary (2026)

Compare financial advisor salaries between Buffalo, NY and Hempstead, NY. All figures are 2026 estimates projected from BLS 2025 data.

Buffalo, NY
$107,070
$51.47/hr
Hempstead, NY
$122,953
$59.11/hr

Side-by-Side Comparison

MetricBuffalo, NYHempstead, NY
Median Salary$107,070$122,953
Hourly Rate$51.47$59.11
Entry Level (P10)$62,290$71,313
25th Percentile$69,872$88,526
75th Percentile$181,322$157,380
Top Earner (P90)$386,363$190,577
Total Employed6909
Side-by-side bar chart comparing Buffalo ($107,070) and Hempstead ($122,953) financial advisor salaries.BuffaloHempsteadMedian Salary$107,070$122,953Entry Level (P10)$62,290$71,313Top Earner (P90)$386,363$190,577US Median $108,537

Verdict

Buffalo and Hempstead are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Buffalo and Hempstead is $15,883 (14.83%). Hempstead's median is +13.28% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Buffalo spans $324,073,Hempstead spans $119,264. Buffalo has a wider pay range, meaning more potential for high earners but also more variation.

Buffalo
P10 (Entry)$62,290
P25$69,872
Median$107,070
P75$181,322
P90 (Top)$386,363
Hempstead
P10 (Entry)$71,313
P25$88,526
Median$122,953
P75$157,380
P90 (Top)$190,577

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Buffalo ($111,713 effective) pays 5.30% more than Hempstead ($106,085 effective).

Buffalo
Nominal: $107,070
CoL Index: 95.844
Adjusted: $111,713
Hempstead
Nominal: $122,953
CoL Index: 115.9
Adjusted: $106,085

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Buffalo if…

  • Better top-earner potential ($386,363)
  • Larger job market (690 employed)
  • Better purchasing power (CoL-adjusted: $111,713)
  • You prefer the New York area and lifestyle

Choose Hempstead if…

  • Higher median salary ($122,953/year)
  • You prefer the New York area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Buffalo grew 9.0% from 2019 to 2025, compared to -36.7% growth in Hempstead over the same period.

Buffalo, NY

+9.0%

$95,080 (2019) → $103,650 (2025)

Hempstead, NY

+-36.7%

$187,992 (2024) → $119,025 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Buffalo or Hempstead?

Hempstead has a higher median financial advisor salary at $122,953/year, compared to Buffalo at $107,070/year — a difference of $15,883 (14.83%).

What is the hourly rate difference between Buffalo and Hempstead?

Buffalo financial advisors earn $51.47/hr while Hempstead hygienists earn $59.11/hr (2026 est.).

Should I relocate from Buffalo to Hempstead as a financial advisor?

Consider more than just salary when comparing Buffalo and Hempstead. Factor in cost of living (CoL-adjusted: Buffalo = $111,713, Hempstead = $106,085), job availability (690 vs 9 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Buffalo vs Hempstead?

Entry-level (10th percentile) financial advisors earn $62,290 in Buffalo and $71,313 in Hempstead. The Hempstead area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov