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salary information

Salary Information for a Chief Financial Officer in Denver, CO

Median salary:

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 Denver, CO, including base pay, total cash, and equity by job level, region and company size, please join OpenComp.

25th percentile
50th percentile
75th percentile

Behind the numbers

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

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

71.8

Total Comp (TC)

Cost of Living (COL) Index
71.8
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Chief Financial Officer in Denver, 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 Denver, 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 in Denver, CO on a $389,470 Annual Salary

Cost of Living

  • Overall Cost: The cost of living in Denver is higher than the national average, primarily due to housing and transportation.
  • Housing: Housing costs in Denver are significantly above the national average, with both rent and home prices continuing to rise.
  • Goods and Services: Everyday expenses, such as groceries and utilities, also tend to cost more, though still attainable with a high salary.

Housing Market

  • Median Home Price: As of recent reports, the median home price in Denver is substantially higher than the national median.
  • Availability: Despite high demand and rising prices, there is a diverse range of housing options, from suburban homes to urban apartments.
  • Competition: The housing market is competitive, with a consistent influx of new residents driving demand.

Quality of Life

  • Lifestyle: Denver offers a vibrant lifestyle with access to outdoor activities, cultural events, and a lively dining scene.
  • Work-Life Balance: With numerous public parks and nearby mountain ranges, outdoor leisure opportunities abound, supporting a desirable work-life balance.
  • Weather: The city enjoys all four seasons, with a particularly sunny climate, appealing to those who enjoy outdoor activities year-round.

Access to Healthcare

  • Healthcare Facilities: Denver is home to several highly rated hospitals and medical centers, offering extensive healthcare services.
  • Insurance Coverage: With a substantial income, comprehensive health insurance plans are affordable, providing access to quality care.
  • Specialized Medical Services: Availability of specialized medical professionals and facilities is relatively high.

Quality of K-12 Schools

  • Public Schools: The quality of K-12 public schools in Denver varies, with some districts receiving higher performance ratings than others.
  • Private and Charter Options: There are numerous private and charter schools available, offering diverse educational approaches.
  • Educational Investment: Significant local investment in education ensures access to resources and programs, though disparities exist between different areas.

Summary

A salary of $389,470 per year provides a high quality of life in Denver, CO, comfortably accommodating the higher cost of living and housing market pressures. Residents can enjoy a vibrant lifestyle, a wide array of recreational activities, and excellent healthcare facilities. Education is bolstered by a mix of strong public and private institutions, although quality can vary across different neighborhoods. Despite the challenges posed by a competitive housing market and higher expenses, the income level

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OpenComp aggregates multiple data sources to provide accurate salary data for Denver, 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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