Chief finance officer demographics and statistics in the US
Chief finance officer demographics research summary. Zippia estimates chief finance officer demographics and statistics in the United States by using a database of 30 million profiles. Our chief finance officer estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about chief finance officers after extensive research and analysis:
- There are over 131,815 chief finance officers currently employed in the United States.
- 28.1% of all chief finance officers are women, while 71.9% are men.
- The average chief finance officer age is 51 years old.
- The most common ethnicity of chief finance officers is White (76.1%), followed by Hispanic or Latino (7.9%), Asian (7.7%) and Unknown (3.9%).
- Chief finance officers are most in-demand in New York, NY.
- The construction industry is the highest-paying for chief finance officers.
- 12% of all chief finance officers are LGBT.
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Chief finance officer demographics by:
Chief finance officer gender statistics
28.1% of chief finance officers are women and 71.9% of chief finance officers are men.
- Male, 71.9%
- Female, 28.1%
Chief finance officer gender ratio
| Gender | Percentages |
|---|---|
| Male | 71.9% |
| Female | 28.1% |
Chief finance officer gender pay gap
Women earn 87¢ for every $1 earned by men
Male income
$134,505
Female income
$117,531
Chief finance officer gender ratio over time
This data breaks down the percentage of men and women in chief finance officer positions over time. Currently, 28.1% of chief finance officers are female.
Chief finance officer gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 78.38% | 21.62% |
| 2011 | 78.19% | 21.81% |
| 2012 | 77.56% | 22.44% |
| 2013 | 76.35% | 23.65% |
| 2014 | 75.85% | 24.15% |
| 2015 | 75.60% | 24.40% |
| 2016 | 75.05% | 24.95% |
| 2017 | 75.39% | 24.61% |
| 2018 | 75.24% | 24.76% |
| 2019 | 72.86% | 27.14% |
| 2020 | 71.85% | 28.15% |
| 2021 | 71.86% | 28.14% |
Chief finance officer related jobs gender ratio
We compared chief finance officers with similar job titles to see how gender ratios vary. As you can see, district commercial superintendent and street superintendent have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Administrative Assistant To General Manager | 9% | 91% |
| Manager Stylist | 9% | 91% |
| Salon Manager | 12% | 88% |
| Chief Finance Officer | 72% | 28% |
| General Superintendent | 97% | 3% |
| Street Superintendent | 97% | 3% |
| District Commercial Superintendent | 98% | 2% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Chief finance officer demographics by race
The most common ethnicity among chief finance officers is White, which makes up 76.1% of all chief finance officers. Comparatively, 7.9% of chief finance officers are Hispanic or Latino and 7.7% of chief finance officers are Asian.
- White, 76.1%
- Hispanic or Latino, 7.9%
- Asian, 7.7%
- Unknown, 3.9%
- Black or African American, 3.8%
- American Indian and Alaska Native, 0.6%
Chief finance officer race
| Chief finance officer race | Percentages |
|---|---|
| White | 76.1% |
| Hispanic or Latino | 7.9% |
| Asian | 7.7% |
| Unknown | 3.9% |
| Black or African American | 3.8% |
| American Indian and Alaska Native | 0.6% |
Chief finance officer race and ethnicity over time
See how chief finance officer racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Chief finance officer race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 82.61% | 3.40% | 5.87% | 6.33% |
| 2011 | 82.80% | 3.80% | 5.50% | 5.93% |
| 2012 | 82.04% | 3.72% | 6.04% | 6.40% |
| 2013 | 82.30% | 3.53% | 6.14% | 6.14% |
| 2014 | 82.33% | 3.66% | 5.78% | 6.46% |
| 2015 | 82.27% | 3.53% | 5.77% | 6.46% |
| 2016 | 81.93% | 3.44% | 6.34% | 6.29% |
| 2017 | 80.57% | 3.59% | 6.87% | 6.87% |
| 2018 | 80.07% | 3.43% | 7.07% | 7.18% |
| 2019 | 81.20% | 3.14% | 6.81% | 6.95% |
| 2020 | 77.82% | 3.62% | 7.27% | 7.26% |
| 2021 | 76.07% | 3.79% | 7.73% | 7.86% |
Chief finance officer wage gap by race
According to our data, white chief finance officers have the highest average salary compared to other ethnicities. Black or african american chief finance officers have the lowest average salary at $129,266.
| Ethnicity | Salary |
|---|---|
| Unknown | $132,106 |
| White | $139,314 |
| Black or African American | $129,266 |
| Asian | $138,073 |
| Hispanic or Latino | $134,025 |
Average chief finance officer age
See how the average age of chief finance officers varies based on ethnicity and gender.
Male
Female
Chief finance officer age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 53 | 52 |
| Unknown | 51 | 49 |
| Asian | 49 | 48 |
| Hispanic or Latino | 50 | 46 |
| White | 53 | 52 |
| American Indian and Alaska Native | 52 | 48 |
Chief finance officer age breakdown
The average age of chief finance officers is 40+ years years old, representing 89% of the chief finance officer population.
Chief finance officer age breakdown
| Chief Finance Officer Years | Percentages |
|---|---|
| 40+ years | 89% |
| 30-40 years | 11% |
| 20-30 years | 0% |
Chief finance officer educational attainment
The most common degree for chief finance officers is bachelor's degree, with 72% of chief finance officers earning that degree. The second and third most common degree levels are master's degree degree at 20% and master's degree degree at 5%.
- Bachelor's, 72%
- Master's, 20%
- Associate, 5%
- Doctorate, 1%
- Other Degrees, 2%
Chief finance officers by degree level
| Chief finance officer degree | Percentages |
|---|---|
| Bachelor's | 72% |
| Master's | 20% |
| Associate | 5% |
| Doctorate | 1% |
| Other Degrees | 2% |
Chief finance officer jobs you might like
Chief finance officer wage gap by degree level
According to the data, chief finance officers with a Master's degree earn more than those without, at $168,702 annually. With a Doctorate degree, chief finance officers earn a median annual income of $168,673 compared to $152,601 for chief finance officers with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $168,702 |
| Bachelor's Degree | $152,601 |
| Doctorate Degree | $168,673 |
| Some College/ Associate Degree | $113,400 |
Chief finance officer employment statistics
Most chief finance officers work for a private in the health care industry.
Company size where chief finance officers work
Below, you can see the size of companies where chief finance officers work.
Chief finance officer jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 16% |
| 100 - 500 employees | 18% |
| 500 - 1,000 employees | 6% |
| 1,000 - 10,000 employees | 19% |
| > 10,000 employees | 37% |
Chief finance officer jobs by company type
Employees with the chief finance officer job title have their preferences when it comes to working for a company. For instance, most chief finance officers prefer to work at private companies over public companies.
Chief finance officer jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 34% |
| Private | 58% |
| Government | 6% |
Chief finance officer jobs by industry
The most common industries for chief finance officers are health care, finance and professional.
Chief finance officer industry statistics
| Industry | Percentages |
|---|---|
| Fortune 500 | 17% |
| Health Care | 14% |
| Finance | 12% |
| Professional | 10% |
| Technology | 8% |
| Manufacturing | 6% |
| Government | 5% |
| Media | 3% |
| Construction | 3% |
| Retail | 3% |
| Hospitality | 2% |
| Telecommunication | 2% |
| Non Profits | 2% |
| Insurance | 2% |
| Real Estate | 2% |
| Education | 2% |
| Pharmaceutical | 1% |
| Transportation | 1% |
| Automotive | 1% |
| Start-up | 1% |
| Energy | 1% |
Chief finance officer turnover and employment statistics
Chief finance officer unemployment rate over time
The unemployment rate for chief finance officers between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Chief finance officer unemployment rate by year
| Year | Chief finance officer unemployment rate |
|---|---|
| 2010 | 4.37% |
| 2011 | 3.53% |
| 2012 | 3.04% |
| 2013 | 2.67% |
| 2014 | 2.12% |
| 2015 | 1.80% |
| 2016 | 1.98% |
| 2017 | 1.88% |
| 2018 | 1.65% |
| 2019 | 1.72% |
| 2020 | 2.10% |
| 2021 | 2.06% |
Average chief finance officer tenure
The average chief finance officer stays at their job for 1-2 years, based on the 48,056 chief finance officers resumes in Zippia's database.
Chief finance officer tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 7% |
| 1-2 years | 31% |
| 3-4 years | 18% |
| 5-7 years | 19% |
| 8-10 years | 8% |
| 11+ years | 17% |
Chief finance officer LGBT ratio compared to similar jobs
Review the percent of chief finance officers that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Business Office Manager | 7.93% | 102,287 |
| Manager, Project Management | 8.41% | 263,655 |
| Group Sales Manager | 9.38% | 104,735 |
| Global Operations Manager | 9.63% | 254,059 |
| Chief Finance Officer | 11.54% | - |
| Human Resource Advisor | 13.02% | 84,607 |
| Promotions Director | 14.95% | 8,812 |
Similar chief finance officer jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Business Office Manager | 7.93% | 102,287 |
| Manager, Project Management | 8.41% | 263,655 |
| Group Sales Manager | 9.38% | 104,735 |
| Global Operations Manager | 9.63% | 254,059 |
| Human Resource Advisor | 13.02% | 84,607 |
| Promotions Director | 14.95% | 8,812 |
Foreign languages spoken by chief finance officers
The most common foreign language among chief finance officers is Spanish at 44.1%. The second-most popular foreign language spoken is French at 12.0% and German is the third-most popular at 6.5%.
- Spanish, 44.1%
- French, 12.0%
- German, 6.5%
- Mandarin, 5.7%
- Portuguese, 5.4%
- Other, 26.3%
Chief finance officer languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 44.1% |
| French | 12.0% |
| German | 6.5% |
| Mandarin | 5.7% |
| Portuguese | 5.4% |
| Other | 26.3% |
