Chief Financial Officer Salary in Worcester, MA
Chief Financial Officer salary data for Worcester, 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 Worcester, MA — 2026
The median Chief Financial Officer salary in Worcester, MA is $221,400 per year ($18,450/month, $106/hr). This reflects the local cost of living index of 108, which is 8% above the national average.
Chief Financial Officer Take-Home Pay in Worcester
Tax Breakdown (Median Salary)
| Gross Annual | $221,400 |
| Federal Tax | -$43,111 |
| State Tax (5.0%) | -$11,070 |
| FICA (SS + Medicare) | -$14,129 |
| Annual Take-Home | $153,091 |
| Monthly Take-Home | $12,758 |
Living Cost Comparison
Chief Financial Officer Requirements
Key Skills
Worcester Job Market Overview
Worcester, Massachusetts has a population of 206,518 and an unemployment rate of 3.8%. The top industries are Healthcare, Education, Biotech. The local job growth rate is 1.5%, and the average commute time is 25 minutes.
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Frequently Asked Questions
What is the average Chief Financial Officer salary in Worcester, MA?
How much does a Chief Financial Officer take home in Worcester after taxes?
Is Worcester a good city for Chief Financial Officers?
What skills are needed for a Chief Financial Officer in Worcester?
How does Chief Financial Officer salary in Worcester compare to the national average?
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Frequently Asked Questions
What is the average Chief Financial Officer salary in Worcester, MA?
The median Chief Financial Officer salary in Worcester, MA is $221,400 per year as of 2026. This is adjusted for the local cost of living index of 108. Entry-level Chief Financial Officers earn around $152,280, while senior-level professionals can earn $320,760 or more.
How much does a Chief Financial Officer take home in Worcester after taxes?
A Chief Financial Officer earning the median salary of $221,400 in Worcester, MA takes home approximately $153,091 per year ($12,758/month) after federal, state, and local taxes. The effective tax rate is 30.9%.
Is Worcester a good city for Chief Financial Officers?
Worcester, MA has a cost of living index of 108 (above national average). Chief Financial Officers here earn above the city median. The local unemployment rate is 3.8% and top industries include Healthcare, Education, Biotech.
What skills are needed for a Chief Financial Officer in Worcester?
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 Worcester compare to the national average?
The national median Chief Financial Officer salary is $205,000. In Worcester, the adjusted salary is $221,400, which is 8.0% higher than the national average, reflecting the local cost of living.