FinanceUpdated Q1 2025

Chief Financial Officer Salary
in Worcester, MA

Lead financial strategy, planning, and reporting for the entire organization. Median salary in Worcester: $288K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$288K
per year
Take-home: $188K

Salary range in Worcester

Entry level (25th)$201,000
Median (50th)$288,000
Senior (75th)$414,000
Top earner (90th)$598,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Worcester, Massachusetts.

Key facts for Worcester

Median salary
$288K
annual
Take-home pay
$188K
after fed/state tax
COL index
120
100 = US avg
State income tax
5%
annual
Avg 1BR rent
$1,800
per month
YoY growth
+3.5%
salary trend

Salary forecast: Worcester Chief Financial Officer to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $288K by 2030.

Salary trend & forecast — Worcester

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Chief Financial Officer salary trend 2019–2030PROJECTED →$241K$262K$284K$305K$326K201920212023202520272029
2026
$295K
projected
2027
$303K
projected
2028
$310K
projected
2029
$318K
projected
2030
$326K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$288,000+$0
2028 projected$288,000+$0
2029 projected$288,000+$0
2030 projected$288,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Chief Financial Officer Salary in Worcester, Massachusetts: Complete Guide (2026)

The median Chief Financial Officer salary in Worcester, MA is $288,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Worcester–MA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Chief Financial Officer in Worcester

Entry-level Chief Financial Officers in Worcester with 0–2 years of experience typically earn between $201,000 and $288,000 annually. Mid-career professionals with 3–7 years command $288,000 to $414,000, while senior-level practitioners with 8+ years of experience regularly earn $414,000 to $598,000 or more.

Cost of living in Worcester for Chief Financial Officers

Worcester has a cost of living index of 120 compared to the US national average of 100. Worcester's cost of living is above the US average, so the salary figures above reflect local market rates. Massachusetts has a 5% state income tax rate.

Education requirements for Chief Financial Officer

Bachelor's in Finance; MBA or CPA; 15+ years experience. 30% of these roles offer some remote flexibility.

Chief Financial Officer salary in nearby cities

CityMedian salaryCOL index
Worcester (current)$288K120
Boston162
Springfield105
Cambridge185
Lowell118