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What is a good starting salary for a Chief Finance Officer?

By Zippia Team - Feb. 15, 2022

A good starting salary for a chief finance officer is $84,000 in the United States. That puts you in the 10th percentile of annual income for a chief finance officer in the U.S., which is about what you would expect if you were new to the field. The average salary for chief finance officers is $144,285, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a chief finance officer can vary by state, as we show below.

What Is A Good Entry-Level Chief Finance Officer Salary By State?

The following table shows how much an entry level chief finance officer earns in each state. Zippia used data from the BLS, public records, and job postings to create these estimates.

StateStarting SalaryMonthly PayWeekly PayHourly Wage
Washington$128,000$10,666$2,461$61.54
Nevada$107,000$8,916$2,057$51.44
California$106,000$8,833$2,038$50.96
New York$98,000$8,166$1,884$47.12
Oregon$98,000$8,166$1,884$47.12
New Jersey$97,000$8,083$1,865$46.63
Massachusetts$96,000$8,000$1,846$46.15
District of Columbia$94,000$7,833$1,807$45.19
Connecticut$93,000$7,750$1,788$44.71
Maine$91,000$7,583$1,750$43.75
Rhode Island$90,000$7,500$1,730$43.27
Vermont$90,000$7,500$1,730$43.27
Pennsylvania$87,000$7,250$1,673$41.83
Alaska$85,000$7,083$1,634$40.87
Illinois$82,000$6,833$1,576$39.42
Michigan$81,000$6,750$1,557$38.94
Maryland$79,000$6,583$1,519$37.98
Colorado$78,000$6,500$1,500$37.5
Virginia$77,000$6,416$1,480$37.02
Delaware$77,000$6,416$1,480$37.02
New Hampshire$76,000$6,333$1,461$36.54
Arizona$75,000$6,250$1,442$36.06
Hawaii$74,000$6,166$1,423$35.58
Minnesota$70,000$5,833$1,346$33.65
Texas$70,000$5,833$1,346$33.65
Ohio$70,000$5,833$1,346$33.65
Utah$70,000$5,833$1,346$33.65
Nebraska$67,000$5,583$1,288$32.21
Missouri$67,000$5,583$1,288$32.21
Louisiana$67,000$5,583$1,288$32.21
Idaho$66,000$5,500$1,269$31.73
Montana$66,000$5,500$1,269$31.73
Florida$64,000$5,333$1,230$30.77
West Virginia$59,000$4,916$1,134$28.37
North Carolina$58,000$4,833$1,115$27.88
Tennessee$58,000$4,833$1,115$27.88
Iowa$57,000$4,750$1,096$27.4
North Dakota$56,000$4,666$1,076$26.92
Georgia$56,000$4,666$1,076$26.92
Wisconsin$54,000$4,500$1,038$25.96
New Mexico$54,000$4,500$1,038$25.96
South Carolina$53,000$4,416$1,019$25.48
Mississippi$49,000$4,083$942$23.56
Indiana$49,000$4,083$942$23.56
South Dakota$48,000$4,000$923$23.08
Alabama$48,000$4,000$923$23.08
Kentucky$46,000$3,833$884$22.12
Wyoming$45,000$3,750$865$21.63
Kansas$45,000$3,750$865$21.63
Oklahoma$39,000$3,250$750$18.75
Arkansas$38,000$3,166$730$18.27

What are The 10 Highest Paying Cities for Entry-Level Chief Finance Officer Jobs?

We've identified 10 cities where the typical salary for an entry level chief finance officer job is above the national average. Topping the list is Seattle, WA.

CityStarting SalaryMonthly PayWeekly PayHourly Wage
Seattle, WA$160,000$13,333$3,076$76.92
Richmond, CA$140,000$11,666$2,692$67.31
Las Vegas, NV$129,000$10,750$2,480$62.02
Albany, NY$125,000$10,416$2,403$60.1
Jersey City, NJ$122,000$10,166$2,346$58.65
Boston, MA$119,000$9,916$2,288$57.21
Portland, OR$119,000$9,916$2,288$57.21
Washington, DC$117,000$9,750$2,250$56.25
Portland, ME$114,000$9,500$2,192$54.81
Philadelphia, PA$109,000$9,083$2,096$52.4

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