Chief Financial Officer (CFO) Salary in Winston-Salem, NC
How much does a chief financial officer (cfo) make in Winston-Salem? Explore median, entry-level, and senior salaries adjusted for Winston-Salem's cost of living.
Salary Breakdown by Experience Level
See how chief financial officer (cfo) salaries break down across different pay periods in Winston-Salem.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $86,357 | $141,051 | $230,286 |
| Monthly | $7,196 | $11,754 | $19,191 |
| Biweekly | $3,321 | $5,425 | $8,857 |
| Weekly | $1,661 | $2,713 | $4,429 |
| Hourly | $42 | $68 | $111 |
Winston-Salem vs National Average
How Winston-Salem's chief financial officer (cfo) salaries compare to national figures.
Cost of Living in Winston-Salem
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
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Financial Tools to Explore
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Chief Financial Officer (CFO) Salary in Winston-Salem, NC — Complete Guide
Median Salary Overview
The median salary for a chief financial officer (cfo) in Winston-Salem, NC is $141,051 per year, adjusted for the local cost of living index of 104. This figure reflects typical earnings for experienced professionals in this role, considering Winston-Salem's unique economic conditions.
Salary Range and Experience Levels
Entry-level chief financial officer (cfo) professionals in Winston-Salem can expect to earn around $86,357 annually. As professionals gain experience, salaries typically increase, with senior-level chief financial officer (cfo)s earning approximately $230,286 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Winston-Salem's cost of living index of 104 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Winston-Salem 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 Winston-Salem typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 11.9% 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 Winston-Salem, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.