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Chief Financial Officer Salary in Springfield, MA

Chief Financial Officer salary data for Springfield, MA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Chief Financial Officer Salary in Springfield, MA — 2026

The median Chief Financial Officer salary in Springfield, MA is $200,900 per year ($16,742/month, $97/hr). This reflects the local cost of living index of 98, which is 2% below the national average.

Entry Level
$138K
$66/hr
Median
$201K
$97/hr
Senior
$291K
$140/hr
Top Earner
$449K
$216/hr

Chief Financial Officer Take-Home Pay in Springfield

Tax Breakdown (Median Salary)

Gross Annual$200,900
Federal Tax-$37,463
State Tax (5.0%)-$10,045
FICA (SS + Medicare)-$13,831
Annual Take-Home$139,561
Monthly Take-Home$11,630

Living Cost Comparison

Median Rent$1,100/mo
Rent-to-Income Ratio6.6%
Median Home Price$210,000
Cost of Living Index98
City Median Salary$48,500
Chief Financial Officer vs City Median+$152,400

Chief Financial Officer Requirements

Education
MBA / CPA
Experience
10-15 years
Job Growth
5.0% (2024-2034)

Key Skills

Financial StrategyP&L ManagementCapital MarketsRisk ManagementBoard Reporting

Springfield Job Market Overview

Springfield, Massachusetts has a population of 155,929 and an unemployment rate of 5.0%. The top industries are Healthcare, Education, Manufacturing. The local job growth rate is 0.8%, and the average commute time is 22 minutes.

Frequently Asked Questions

What is the average Chief Financial Officer salary in Springfield, MA?
The median Chief Financial Officer salary in Springfield, MA is $200,900 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Chief Financial Officers earn around $138,180, while senior-level professionals can earn $291,060 or more.
How much does a Chief Financial Officer take home in Springfield after taxes?
A Chief Financial Officer earning the median salary of $200,900 in Springfield, MA takes home approximately $139,561 per year ($11,630/month) after federal, state, and local taxes. The effective tax rate is 30.5%.
Is Springfield a good city for Chief Financial Officers?
Springfield, MA has a cost of living index of 98 (below national average). Chief Financial Officers here earn above the city median. The local unemployment rate is 5.0% and top industries include Healthcare, Education, Manufacturing.
What skills are needed for a Chief Financial Officer in Springfield?
Key skills for Chief Financial Officers include Financial Strategy, P&L Management, Capital Markets, Risk Management, Board Reporting. Typical education requirement is MBA / CPA. Valuable certifications include CPA, CFA, MBA.
How does Chief Financial Officer salary in Springfield compare to the national average?
The national median Chief Financial Officer salary is $205,000. In Springfield, the adjusted salary is $200,900, which is 2.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Chief Financial Officer salary in Springfield, MA?

The median Chief Financial Officer salary in Springfield, MA is $200,900 per year as of 2026. This is adjusted for the local cost of living index of 98. Entry-level Chief Financial Officers earn around $138,180, while senior-level professionals can earn $291,060 or more.

How much does a Chief Financial Officer take home in Springfield after taxes?

A Chief Financial Officer earning the median salary of $200,900 in Springfield, MA takes home approximately $139,561 per year ($11,630/month) after federal, state, and local taxes. The effective tax rate is 30.5%.

Is Springfield a good city for Chief Financial Officers?

Springfield, MA has a cost of living index of 98 (below national average). Chief Financial Officers here earn above the city median. The local unemployment rate is 5.0% and top industries include Healthcare, Education, Manufacturing.

What skills are needed for a Chief Financial Officer in Springfield?

Key skills for Chief Financial Officers include Financial Strategy, P&L Management, Capital Markets, Risk Management, Board Reporting. Typical education requirement is MBA / CPA. Valuable certifications include CPA, CFA, MBA.

How does Chief Financial Officer salary in Springfield compare to the national average?

The national median Chief Financial Officer salary is $205,000. In Springfield, the adjusted salary is $200,900, which is 2.0% lower than the national average, reflecting the local cost of living.