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The Government Finance Officers Association (GFOA) offers competitive salaries that reflect the value of finance professionals in governance. The average salary of $57,863 serves as a benchmark, but actual compensation can differ significantly by location and department. For instance, positions in urban centers may offer higher pay due to cost of living adjustments.
Explore how GFOA salaries vary by region, with some states or cities presenting better compensation packages. This information is crucial for job seekers aiming to maximize their earning potential.
Additionally, salaries vary across departments within GFOA, with specialized roles often commanding higher wages. Knowing the average pay in your desired department can guide your career path and salary negotiations.
Whether you’re seeking your first job or considering a transition, understanding these salary insights is essential for making informed career decisions.
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| Rank | Location | Average GFOA salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $69,010 | $33.18 |
| 2 | Groton, MA | $68,750 | $33.05 |
| 3 | Hartford, CT | $68,205 | $32.79 |
| 4 | Fairfield, CA | $66,403 | $31.92 |
| 5 | Coon Rapids, MN | $62,437 | $30.02 |
| 6 | Waterford, VT | $60,809 | $29.24 |
| 7 | Portland, OR | $56,739 | $27.28 |
| 8 | Waterford, WI | $56,617 | $27.22 |
| 9 | Derby, CO | $56,226 | $27.03 |
| 10 | Wilton, ND | $55,485 | $26.68 |
| 11 | Winchester, AR | $51,283 | $24.66 |
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Salaries at GFOA vary depending on the department you work in. GFOA salaries in the research & development department are the highest with an average salary of $68,100. Employees in the plant/manufacturing department at GFOA receive relatively high salaries as well, with an average salary of $62,008 per year. Departments that don't pay as well at GFOA include the education and the accounting organizational functions, with employees earning average salaries of $44,177 and $54,279, respectively.
| Rank | Department | Average GFOA salary | Hourly rate |
|---|---|---|---|
| 1 | Research & Development | $68,100 | $32.74 |
| 2 | Plant/Manufacturing | $62,008 | $29.81 |
| 3 | Accounting | $54,280 | $26.10 |
| 4 | Education | $44,177 | $21.24 |
Zippia gives an in-depth look into the details of GFOA, including salaries, political affiliations, employee data, and more, in order to inform job seekers about GFOA. The employee data is based on information from people who have self-reported their past or current employments at GFOA. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by GFOA. The data presented on this page does not represent the view of GFOA and its employees or that of Zippia.
GFOA may also be known as or be related to GFOA, Government Finance Officers Association and Government Finance Officers Association (gfoa).