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Average Claims Adjusters, Examiners, and Investigators Salary in Buffalo-Cheektowaga, NY

Claims Adjusters, Examiners, and Investigators in Buffalo-Cheektowaga, NY, earn an average annual salary of $75,100. This figure is slightly below the national average of $76,760, indicating a localized compensation structure influenced by regional economic factors and industry demand within the Buffalo metropolitan area.

Executive Summary

  • Average Salary: $75,100 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,970.
  • Outlook: The Buffalo-Cheektowaga region boasts a significant concentration of Claims Adjusters, Examiners, and Investigators, as evidenced by a Location Quotient of 1.76. This suggests a robust local market with nearly double the national average presence of these professionals per worker, indicating strong demand and a stable job market for this occupation.
2024 Market Data

Salary Overview

$75,100

The average Claims Adjusters, Examiners, and Investigators in Buffalo-Cheektowaga, NY earns-2.2%below the national average.

BreakdownBased on 40h/week
Hourly

$36.1

Weekly

$1,444

Monthly

$6,258

Claims Adjusters, Examiners, and Investigators Salary Distribution in Buffalo-Cheektowaga, NY

Career progression for Claims Adjusters, Examiners, and Investigators in Buffalo-Cheektowaga typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while senior adjusters with extensive experience and specialized knowledge can command salaries well into the upper percentiles, reflecting a clear path for career and earning potential growth.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,910$23
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$56,325$27.1
ManagerOversees team, compliance, and project delivery.50% (Median)$70,060$33.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$93,875$45.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,970$50

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$75,100

Gross Pay

Real Wage (Purchasing Power)

$75,100

Adjusted for COL (100)

The average annual salary of $75,100 in Buffalo-Cheektowaga aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Claims Adjuster's salary in this area is equivalent to the national average, making it a financially neutral location in terms of cost of living relative to income.

Job Market Context

1,850

Total Jobs

3.479

Per 1K Jobs

1.76

Location Quotient

Major Hub

Buffalo-Cheektowaga, NY has 1.8x the national concentration of Claims Adjusters, Examiners, and Investigators jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.76, Buffalo-Cheektowaga exhibits a higher concentration of Claims Adjusters, Examiners, and Investigators than the national average. This indicates a specialized and potentially competitive job market where employers may actively seek out talent, and professionals in this field are more abundant relative to the general workforce.

Nearby Job Markets

Nearby Cities for Claims Adjusters, Examiners, and Investigators

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in Buffalo-Cheektowaga, NY?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in Buffalo-Cheektowaga, NY is $75,100. This typically ranges from $47,910 for entry-level positions to $103,970 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 2.2% lower than the national median of $76,760.

Is Buffalo-Cheektowaga, NY a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

Yes, it offers competitive compensation relative to its cost of living.The average salary of $75,100 is strong, especially considering the Cost of Living Index is exactly at the national average of 100.

Is Buffalo-Cheektowaga, NY a good place to live for Claims Adjusters, Examiners, and Investigators?

The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($77,550) and Erie, PA.

How does the Buffalo Claims Adjuster salary compare to the national average?

The average annual salary for Claims Adjusters, Examiners, and Investigators in Buffalo-Cheektowaga is $75,100, which is slightly lower than the national average of $76,760.

What is the concentration of Claims Adjusters in Buffalo-Cheektowaga?

Buffalo-Cheektowaga has a high concentration of these professionals, with a Location Quotient of 1.76, meaning they are present at a rate significantly above the national average.

How does the cost of living affect the Buffalo salary?

The Cost of Living Index in Buffalo-Cheektowaga is 100, which is the national average. This means the $75,100 salary offers purchasing power equivalent to the national average.

What does the total local workforce number mean for job seekers?

With 1,850 Claims Adjusters, Examiners, and Investigators in the local workforce, there is a substantial presence of these roles, suggesting a healthy job market with opportunities for both new entrants and experienced professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,850 employees in the Buffalo-Cheektowaga, NY area with a job density of 3.479 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.