Chief Financial Officer (CFO) Salary in Austin, TX
How much does a chief financial officer (cfo) make in Austin? Explore median, entry-level, and senior salaries adjusted for Austin's cost of living.
Salary Breakdown by Experience Level
See how chief financial officer (cfo) salaries break down across different pay periods in Austin.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $108,466 | $177,161 | $289,242 |
| Monthly | $9,039 | $14,763 | $24,104 |
| Biweekly | $4,172 | $6,814 | $11,125 |
| Weekly | $2,086 | $3,407 | $5,562 |
| Hourly | $52 | $85 | $139 |
Austin vs National Average
How Austin's chief financial officer (cfo) salaries compare to national figures.
Cost of Living in Austin
About Chief Financial Officer (CFO)
Overview
Oversee financial operations and strategy for organizations.
Education
Bachelor's degree in Finance or related field; MBA and CPA common
Key Skills
Growth Rate
Expected job growth: +20% over the next decade
Compare Cities: Chief Financial Officer (CFO) Salary
See Chief Financial Officer (CFO) salaries in other top cities.
Financial Tools to Explore
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Chief Financial Officer (CFO) Salary in Austin, TX — Complete Guide
Median Salary Overview
The median salary for a chief financial officer (cfo) in Austin, TX is $177,161 per year, adjusted for the local cost of living index of 121. This figure reflects typical earnings for experienced professionals in this role, considering Austin's unique economic conditions.
Salary Range and Experience Levels
Entry-level chief financial officer (cfo) professionals in Austin can expect to earn around $108,466 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $289,242 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Austin's cost of living index of 121 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Austin are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $154,120, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a chief financial officer (cfo)'s salary in Austin typically goes toward housing. With a 1-bedroom apartment averaging $1,700 per month, housing represents about 11.5% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Chief Financial Officer (CFO)s are in growing demand across the United States, with an expected job growth of 20% over the next decade. In Austin, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.