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Salary Information for a Chief Financial Officer in Colorado Springs, CO

Median salary: $366,560

This data reflects Total Cash for a Level 5 Chief Financial Officer at a mid-size company. To get more detailed information on total compensation for the role of Chief Financial Officer in Colorado Springs, CO, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

$322,240
25th percentile
$366,560
50th percentile
$399,200
75th percentile

Behind the numbers

What is the adjusted total comp for a Chief Financial Officer in Colorado Springs, CO?

Total Comp (TC)
Cost of Living (COL) Index
COL-Adjusted TC
Median Home Price

$366,560

Not available

$449,123

Total Comp (TC)

$366,560

Cost of Living (COL) Index
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Chief Financial Officer in Colorado Springs, CO?

Represents the finance department on the executive team. In charge of making sure the company is on track to achieve its financial goals by setting yearly targets and managing the overall budget of the company.

What are the characteristics of a level 5 Chief Financial Officer?

A level 5 Chief Financial Officer in Colorado Springs, CO is typically a C-Suite executive, CXO or EVP who reports directly to the CEO.

Chief Financial Officer

Benchmark Role

Executive

Job Type

Finance

Job Family

Business

Job Area

Quality of Life Assessment in Colorado Springs, CO

Overview of Income and Cost of Living

  • Annual Salary: $366,560 per year.
  • Cost of Living:
    • Generally higher than the national average but manageable with this income level.
    • The cost of living index is approximately 105, slightly above the U.S. baseline of 100.

Housing Market

  • Home Prices:
    • Median home value is around $450,000, slightly higher than the national median.
    • Affordable within the income range, allowing for a broad selection of residential options.
  • Housing Affordability:
    • High salary enables purchasing power in desirable neighborhoods and luxury markets.
    • Mortgage payments are comfortably managed within this salary bracket.

Quality of Life

  • Recreation and Lifestyle:
    • Access to outdoor activities due to proximity to mountains, national parks, and trails.
    • A thriving arts and culture scene, with local theaters, galleries, and music festivals.
  • Crime Rate:
    • Generally lower than the national average, contributing to a safe living environment.
  • Community and Environment:
    • Strong sense of community with opportunities for social engagement.
    • Clean air and higher environmental standards compared to some urban areas.

Access to Healthcare

  • Healthcare Facilities:
    • An abundance of healthcare facilities, including top-ranked hospitals.
    • Many healthcare professionals per capita, ensuring high-quality medical services.
  • Healthcare Costs:
    • Costs are slightly above average but affordable given the high salary.

Quality of K-12 Schools

  • Education Quality:
    • Numerous well-rated public and private school options.
    • Specialized programs available, including advanced placement and IB programs.
  • Extracurricular Opportunities:
    • Rich variety of sports, arts, and academic clubs.
    • Emphasis on holistic development and safe learning environments.

Summary of Assessment

Living in Colorado Springs with an income of $366,560 provides an excellent quality of life. Housing and healthcare are well within affordability, and the city offers a robust education system, making it attractive for families. The blend of outdoor activities, a vibrant community, and access to cultural amenities adds to the overall appeal, positioning Colorado Springs as a desirable location above the national average in several quality-of-life areas.

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OpenComp aggregates multiple data sources to provide accurate salary data for Colorado Springs, CO, specifically for a Level 5 Chief Financial Officer. The primary source is real-time, crowd-sourced salary information collected through direct integrations with hundreds of customer-connected HRIS platforms.

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