Business & Finance Massachusetts (MA) Rank #2 of 50

Financial Controller Salary in Massachusetts

The median financial controller salary in Massachusetts is $177,500 per year, which is 42.0% above the national median of $125,000.

Median Salary
$177,500
vs National
+$52,500
State Rank
#2 of 50
Cost of Living
135%

Financial Controller Salary Overview in Massachusetts (2026)

Massachusetts ranks #2 out of 50 states for financial controller compensation. This places Massachusetts in the top tier nationally, making it one of the best states for financial controllers seeking high pay. At $177,500 per year, financial controllers in Massachusetts earn $52,500 more than the national median of $125,000.

It's worth noting that Massachusetts's cost of living is 135% of the national average, which reduces the real purchasing power of the $177,500 salary. After adjusting for cost of living, the effective salary is closer to $131,481.

The salary spread in Massachusetts is significant: financial controllers at the 10th percentile earn $110,760, while those at the 90th percentile bring home $281,160 — a $170,400 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Massachusetts for this role is Cambridge, where the median reaches $208,750.

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). This steady growth indicates stable demand for financial controllers across the country.

Financial Controller Salary in Massachusetts by Experience

In Massachusetts, an entry-level financial controller earns around $116,440, while experienced professionals earn up to $269,800 per year. The cost of living index in Massachusetts is 135% of the national average.

Entry Level (0-2 yrs)
$116,440
+$34,440 vs national
Mid Level (3-7 yrs)
$181,760
+$53,760 vs national
Senior Level (8+ yrs)
$269,800
+$79,800 vs national

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Salary Percentiles in Massachusetts

Percentile MA Salary
10th Percentile $110,760
25th Percentile $139,160
Median (50th) $177,500
75th Percentile $230,040
90th Percentile $281,160

Financial Controller Salary by City in Massachusetts

The largest employment areas for financial controllers in Massachusetts include Boston, Worcester, Springfield, and Cambridge. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Controller in Massachusetts

Education

Most financial controller positions require a bachelor's degree. Massachusetts has several accredited institutions offering relevant programs.

Key Skills

Financial ReportingGAAPERP SystemsBudgetingTeam LeadershipTax Compliance

Job Outlook in Massachusetts

Nationally, financial controller employment is projected to grow 6% over the next decade (faster than average). Massachusetts's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Controller Salary in Massachusetts

How much does a Financial Controller make in Massachusetts? ▼
The median financial controller salary in Massachusetts is $177,500 per year, which is 42.0% above the national median of $125,000. Salaries range from $110,760 (10th percentile) to $281,160 (90th percentile).
How much does a Financial Controller make per hour in Massachusetts? ▼
Based on the median annual salary of $177,500, a financial controller in Massachusetts earns approximately $85 per hour assuming a standard 2,080-hour work year.
Is Massachusetts a good state for financial controllers? ▼
Massachusetts ranks #2 out of 50 states for financial controller pay. The cost of living index is 135% of the national average. Entry-level financial controllers earn $116,440, while senior professionals earn $269,800.
How does Massachusetts compare to other states for financial controller salary? ▼
The highest paying state for financial controllers is Hawaii at $212,500. Massachusetts's median of $177,500 ranks #2 nationally. Nearby-ranked states include Hawaii ($212,500) and California ($172,500).
What is the entry-level financial controller salary in Massachusetts? ▼
An entry-level financial controller in Massachusetts earns approximately $116,440 per year. With 3-7 years of experience, pay increases to around $181,760. Senior-level professionals with 8+ years earn up to $269,800.
What city in Massachusetts pays financial controllers the most? ▼
Cambridge is the highest paying city in Massachusetts for financial controllers, with a median salary of $208,750. Other cities include Boston and Worcester.