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Average Residential Advisors Salary in Buffalo-Cheektowaga, NY

In Buffalo-Cheektowaga, NY, Residential Advisors earn an average annual salary of $42,160. This figure is slightly above the national average of $41,320, suggesting a localized demand or compensation structure that slightly favors these professionals. The specific economic drivers within the Buffalo-Cheektowaga region, such as the cost of services and the presence of educational or care facilities, likely influence this pay rate.

Executive Summary

  • Average Salary: $42,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $51,830.
  • Outlook: The local workforce for Residential Advisors in Buffalo-Cheektowaga, NY, comprises approximately 200 individuals. With a Location Quotient of 0.69, the concentration of these roles is below the national average, indicating a less saturated market relative to other professions. While the absolute number of jobs per 1,000 workers is modest at 0.371, the lower concentration suggests potential opportunities for those entering or established in the field.
2024 Market Data

Salary Overview

$42,160

The average Residential Advisors in Buffalo-Cheektowaga, NY earns+2.0%above the national average.

BreakdownBased on 40h/week
Hourly

$20.3

Weekly

$811

Monthly

$3,513

Residential Advisors Salary Distribution in Buffalo-Cheektowaga, NY

Salary progression for Residential Advisors typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior or lead Residential Advisors, with several years of experience and demonstrated leadership skills, can command significantly higher salaries. The percentile gaps in pay reflect this career trajectory, with experienced professionals occupying the higher salary brackets.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$33,650$16.2
ExperiencedProficient professional working independently.25% (Junior)$31,620$15.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$38,020$18.3
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$52,700$25.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$51,830$24.9

Detailed Residential Advisors Market Analysis

Relocation Context

Nominal Salary

$42,160

Gross Pay

Real Wage (Purchasing Power)

$42,160

Adjusted for COL (100)

The average annual salary of $42,160 in Buffalo-Cheektowaga, NY, aligns precisely with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a Residential Advisor's salary in this area is comparable to the national average, offering a stable financial environment without significant pressure from unusually high or low living expenses.

Job Market Context

200

Total Jobs

0.371

Per 1K Jobs

0.69

Location Quotient

Below Average

Buffalo-Cheektowaga, NY has 0.69x the national average concentration of Residential Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.69 for Residential Advisors in Buffalo-Cheektowaga, NY, signifies that this profession is less concentrated locally compared to the national average. This suggests that while the total workforce is not exceptionally large, the demand for these roles may be relatively steady, and the market is not oversaturated, potentially offering a stable employment landscape for qualified individuals.

Nearby Job Markets

Nearby Cities for Residential Advisors

Comparing salaries near Buffalo-Cheektowaga, NY

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Frequently Asked Questions

How much does a Residential Advisors make in Buffalo-Cheektowaga, NY?

The median annual salary for a Residential Advisors in Buffalo-Cheektowaga, NY is $42,160. This typically ranges from $33,650 for entry-level positions to $51,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 2.0% higher than the national median of $41,320.

Is Buffalo-Cheektowaga, NY a lucrative place for Residential Advisors?

Moderately lucrative.The average salary is slightly above the national average, and the cost of living is at the national average, indicating a balanced financial standing for Residential Advisors in the area.

Is Buffalo-Cheektowaga, NY a good place to live for Residential Advisors?

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 ($44,200) and Erie, PA.

How does the Buffalo-Cheektowaga salary compare to the national average?

The average annual salary for Residential Advisors in Buffalo-Cheektowaga, NY, is $42,160, which is slightly higher than the national average of $41,320.

What is the cost of living in Buffalo-Cheektowaga, NY for Residential Advisors?

The cost of living in Buffalo-Cheektowaga, NY, is at the national average, with an index of 100, meaning expenses are neither significantly higher nor lower than the typical US city.

Is the job market for Residential Advisors strong in Buffalo-Cheektowaga, NY?

The market is moderately concentrated with a Location Quotient below 1.0, suggesting a stable, though not exceptionally dense, job market for Residential Advisors.

What is the total number of Residential Advisors in Buffalo-Cheektowaga, NY?

There are approximately 200 Residential Advisors working in the Buffalo-Cheektowaga, NY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Buffalo-Cheektowaga, NY area with a job density of 0.371 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.