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Chief Financial Officer (CFO) Salary in Tempe, AZ

How much does a chief financial officer (cfo) make in Tempe? Explore median, entry-level, and senior salaries adjusted for Tempe's cost of living.

Median Salary
$164,980
per year in Tempe
Entry Level
$101,008
Starting salary
Senior Level
$269,355
Experienced professionals
Cost of Living
110
10% above national avg

Salary Breakdown by Experience Level

See how chief financial officer (cfo) salaries break down across different pay periods in Tempe.

PeriodEntry LevelMedianSenior
Annual$101,008$164,980$269,355
Monthly$8,417$13,748$22,446
Biweekly$3,885$6,345$10,360
Weekly$1,942$3,173$5,180
Hourly$49$79$129

Tempe vs National Average

How Tempe's chief financial officer (cfo) salaries compare to national figures.

Tempe Salary
$164,980
COL Index: 110
National Average
$154,120
COL Index: 100
Difference
+$10,860
Higher in Tempe

Cost of Living in Tempe

1-Bedroom Rent
$1,450
per month
Median Income
$56,820
per year
Population
180,587
residents
Rent % of Income
30.6%
median household
Cost of Living Index: 110 — A score of 100 represents the U.S. average. Salaries in Tempe have been adjusted to account for local cost differences.

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

Financial LeadershipStrategic PlanningFinancial ManagementBusiness Acumen

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.

New York, NY
$360,256
+118%
Los Angeles, CA
$231,500
+40%
Chicago, IL
$181,245
+10%
Houston, TX
$144,950
-12%
Phoenix, AZ
$164,980
0%

Financial Tools to Explore

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Chief Financial Officer (CFO) Salary in Tempe, AZ — Complete Guide

Median Salary Overview

The median salary for a chief financial officer (cfo) in Tempe, AZ is $164,980 per year, adjusted for the local cost of living index of 110. This figure reflects typical earnings for experienced professionals in this role, considering Tempe's unique economic conditions.

Salary Range and Experience Levels

Entry-level chief financial officer (cfo) professionals in Tempe can expect to earn around $101,008 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $269,355 per year. This represents a 167% increase from entry to senior level.

Cost of Living Adjustment

Tempe's cost of living index of 110 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Tempe 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 Tempe typically goes toward housing. With a 1-bedroom apartment averaging $1,450 per month, housing represents about 10.5% 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 Tempe, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.