Buffalo is one of New York's largest cities. The city's population, however, has fallen significantly over the last several decades. This can make it harder to find accounting jobs in Buffalo, NY. Still, there are several major companies based in Buffalo. These companies need experienced accountants who can track revenues, expenses, and investments.
Accountants who already live in Buffalo may want to learn more about job opportunities that pay more than their current positions. Despite a falling population, ambitious accountants can find jobs in Buffalo that pay well.
Buffalo, NY Accounting Job Market
While most of New York's accounting jobs are located in New York City, Buffalo has plenty of opportunities for accountants and auditors who want to work for large businesses. Some of the largest companies in Buffalo include Kaleida Health, Tops Friendly Markets, and M&T Bank.
Unfortunately, the city's declining population can make accounting jobs in Buffalo harder to find. The city's population has fallen by about 10 percent for several decades. If this trend continues, more companies could leave the area. That would put a significant strain on Buffalo's accounting job market.
Accounting Salaries in Buffalo, NY
Accounting professionals working in Buffalo can expect to earn salaries close to the job's national median wage. Most people working as accountants or auditors earn over $63,000 per year.
Accounting professionals in Buffalo may earn less than colleagues working in New York City, but Buffalo has a lower cost of living index. Buffalo's cost of living is about 75 percent of the national average, so $63,000 can go a long way in that economic environment.
Professionals who want to earn as much money as possible should look for accounting positions within investment companies. The securities and commodity contracts industry tends to pay higher salaries than companies in other industries.