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salary information

Salary Information for a Chief Financial Officer in Seattle, WA

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 Seattle, WA, 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 Seattle, WA?

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

80.6

Total Comp (TC)

Cost of Living (COL) Index
80.6
COL-Adjusted TC

Median Home Price

What are the responsibilities of a Chief Financial Officer in Seattle, WA?

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 Seattle, WA 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 Seattle, WA: An Assessment for High Earners

Income Overview

  • Annual Income: $412,380
  • Comparison to U.S. Median: Significantly higher than the national median household income of approximately $68,000.

Cost of Living

  • Seattle's Cost of Living Index: Around 167, compared to the national average of 100.
    • Housing: Especially high, contributing significantly to the overall index.
    • Utilities: Slightly higher than the national average.
    • Transportation and Grocery: Above national averages, adding to living expenses.

Housing Market

  • Average Home Price in Seattle: Approximately $850,000 to $950,000, notable for its higher-than-average growth in recent years.
  • Comparison to National Average: Considerably above the U.S. median home value of around $398,500.
  • Rental Costs: High, with average rent for a one-bedroom apartment exceeding $2,000 per month.

Quality of Life

  • Affordability: High salary ensures comfortable coverage of living expenses, and lifestyle choices, with potential for significant savings or investments.
  • Cultural Amenities: Access to a vibrant arts scene, renowned museums, and a variety of dining options.
  • Outdoor Recreation: Proximity to natural attractions offers ample opportunities for outdoor activities like hiking, skiing, and sailing.
  • Climate: Mild with frequent rain, which can impact outdoor activities and lifestyle preferences.

Access to Healthcare

  • Healthcare Quality: Generally high, with access to leading hospitals and clinics.
  • Cost: Healthcare costs are above the national average, yet manageable given the income level.
  • Availability: Comprehensive options for both primary and specialized care.

Quality of K-12 Schools

  • Public Schools: Mixed reviews, with some schools ranking highly nationwide, while others may be mediocre.
  • Private Schools: Numerous high-quality private options, adding to educational excellence but at a high cost.
  • Extracurricular Activities: Strong emphasis on arts, sports, and other programs enhancing overall educational quality.

Summary

Living in Seattle with an income of $412,380 offers a high quality of life despite elevated living costs. Access to robust healthcare services and quality educational institutions further enhances the living experience. The salary allows for enjoying the luxury of Seattle's

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OpenComp aggregates multiple data sources to provide accurate salary data for Seattle, WA, 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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