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Budget analyst salary
Average budget analyst salary
$56,598
Average Budget Analyst Salary
The average salary for a Budget Analyst in the United States is $56,598 annually, translating to approximately $27 per hour. This compensation reflects the vital role Budget Analysts play in financial planning and resource allocation within organizations.
Salary by State
Salary levels can differ significantly based on geographic location. For instance, states like California and New York typically offer higher salaries due to the cost of living and demand for skilled financial analysts. For example:
- California: $70,000
- New York: $68,000
- Texas: $55,000
Impact of Experience
Experience also affects salary, with entry-level positions starting around $50,000 and seasoned analysts earning over $80,000 annually. As you gain expertise, the potential for salary growth increases significantly. To explore available budget analyst positions and salary data, visit Zippia today.
Let Zippi find your next budget analyst job
Let Zippi find your next budget analyst job
Where can a Budget Analyst earn more?
Budget analyst salary estimates from across the web
Average budget analyst salary by state
The highest-paying states for budget analysts are Virginia, Maine, and West Virginia. The lowest average budget analyst salary states are Tennessee, Georgia, and Oklahoma.
- State view
- County view
Highest paying states for budget analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $81,156 | $39.02 |
| 2 | Virginia | $70,040 | $33.67 |
| 3 | Maryland | $65,266 | $31.38 |
| 4 | Massachusetts | $64,413 | $30.97 |
| 5 | North Dakota | $56,985 | $27.40 |
| 6 | Michigan | $58,374 | $28.06 |
| 7 | Rhode Island | $59,771 | $28.74 |
| 8 | Connecticut | $64,144 | $30.84 |
| 9 | Maine | $67,484 | $32.44 |
| 10 | West Virginia | $66,507 | $31.97 |
| 11 | Alabama | $55,285 | $26.58 |
| 12 | Vermont | $64,256 | $30.89 |
| 13 | New Jersey | $62,846 | $30.21 |
| 14 | California | $62,999 | $30.29 |
| 15 | Colorado | $57,302 | $27.55 |
| 16 | New York | $58,812 | $28.27 |
| 17 | Utah | $53,081 | $25.52 |
| 18 | Delaware | $57,198 | $27.50 |
| 19 | Alaska | $59,074 | $28.40 |
| 20 | Wyoming | $52,713 | $25.34 |
| 21 | Ohio | $55,392 | $26.63 |
| 22 | Minnesota | $54,558 | $26.23 |
| 23 | Illinois | $55,173 | $26.53 |
| 24 | Oregon | $58,200 | $27.98 |
| 25 | Kansas | $51,394 | $24.71 |
| 26 | Pennsylvania | $55,405 | $26.64 |
| 27 | New Hampshire | $56,034 | $26.94 |
| 28 | Mississippi | $53,456 | $25.70 |
| 29 | Texas | $52,506 | $25.24 |
| 30 | Wisconsin | $50,489 | $24.27 |
| 31 | Washington | $55,721 | $26.79 |
| 32 | Hawaii | $54,292 | $26.10 |
| 33 | Nevada | $51,757 | $24.88 |
| 34 | Florida | $50,311 | $24.19 |
| 35 | Missouri | $50,142 | $24.11 |
| 36 | Arizona | $49,598 | $23.85 |
| 37 | North Carolina | $49,885 | $23.98 |
| 38 | Tennessee | $46,832 | $22.52 |
| 39 | Oklahoma | $44,779 | $21.53 |
| 40 | Kentucky | $49,454 | $23.78 |
| 41 | Louisiana | $49,842 | $23.96 |
| 42 | Idaho | $49,430 | $23.76 |
| 43 | Indiana | $49,177 | $23.64 |
| 44 | New Mexico | $49,912 | $24.00 |
| 45 | Arkansas | $38,811 | $18.66 |
| 46 | Iowa | $48,637 | $23.38 |
| 47 | Nebraska | $48,095 | $23.12 |
| 48 | Georgia | $45,529 | $21.89 |
| 49 | South Carolina | $48,234 | $23.19 |
| 50 | South Dakota | $43,678 | $21.00 |
| 51 | Montana | $42,393 | $20.38 |
Highest paying cities for budget analysts
The highest-paying cities for budget analysts are Washington, DC, Arlington, VA, and Baltimore, MD.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $81,182 | $39.03 |
| 2 | Arlington, VA | $71,294 | $34.28 |
| 3 | Baltimore, MD | $65,454 | $31.47 |
| 4 | San Francisco, CA | $64,704 | $31.11 |
| 5 | Boston, MA | $64,405 | $30.96 |
| 6 | Fort Lee, NJ | $63,059 | $30.32 |
| 7 | New York, NY | $58,863 | $28.30 |
| 8 | Denver, CO | $57,316 | $27.56 |
| 9 | Olympia, WA | $56,569 | $27.20 |
| 10 | Philadelphia, PA | $55,725 | $26.79 |
| 11 | Chicago, IL | $55,426 | $26.65 |
| 12 | Montgomery, AL | $55,196 | $26.54 |
| 13 | Columbus, OH | $55,025 | $26.45 |
| 14 | Urban Honolulu, HI | $54,425 | $26.17 |
| 15 | Austin, TX | $52,692 | $25.33 |
| 16 | Tallahassee, FL | $50,662 | $24.36 |
| 17 | Raleigh, NC | $50,402 | $24.23 |
| 18 | Phoenix, AZ | $49,693 | $23.89 |
| 19 | Indianapolis, IN | $48,938 | $23.53 |
| 20 | Atlanta, GA | $45,583 | $21.91 |
Budget analyst salary details
A budget analyst's salary ranges from $42,000 a year at the 10th percentile to $76,000 at the 90th percentile.
What is a budget analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $76,000 | $6,333 | $37 |
| 75th Percentile | $66,000 | $5,500 | $32 |
| Average | $56,598 | $4,717 | $27 |
| 25th Percentile | $48,000 | $4,000 | $23 |
| 10th Percentile | $42,000 | $3,500 | $20 |
Highest paying budget analyst jobs
The highest paying types of budget analysts are senior finance analyst, finance consultant, and analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Finance Planner | $71,607 | $5,967 | $34.43 | 91,557 |
| Finance Consultant | $77,551 | $6,463 | $37.28 | 94,259 |
| Accountant | $54,890 | $4,574 | $26.39 | 60,073 |
| Tax Accountant | $62,142 | $5,178 | $29.88 | 57,919 |
| General Accountant | $55,043 | $4,587 | $26.46 | 87,663 |
| Staff Accountant | $54,216 | $4,518 | $26.07 | 115,930 |
Top companies hiring budget analysts now:
Which companies pay budget analysts the most?
Budget analyst salaries at Shenzhen Capital Group and Ncar - The National Center For Atmospheric Research are the highest-paying according to our most recent salary estimates. In addition, the average budget analyst salary at companies like Stanford University and Jacob Realty Boston are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Shenzhen Capital Group | $83,629 | $40.21 |
| 2 | Ncar - The National Center For Atmospheric Research | $75,232 | $36.17 |
| 3 | Stanford University | $74,124 | $35.64 |
| 4 | Jacob Realty Boston | $72,666 | $34.94 |
| 5 | Booz Allen Hamilton | $72,524 | $34.87 |
| 6 | Citi | $72,403 | $34.81 |
| 7 | SW Group, LLC | $72,403 | $34.81 |
| 8 | Department of Homeland Security | $71,998 | $34.61 |
| 9 | Western Digital | $71,355 | $34.31 |
| 10 | American Chemical Society | $71,039 | $34.15 |
| 11 | Standard Motor Products | $70,282 | $33.79 |
| 12 | Boston Scientific | $70,240 | $33.77 |
| 13 | Tech Data | $70,204 | $33.75 |
| 14 | City of Detroit | $69,842 | $33.58 |
| 15 | NTT Data International L.L.C. | $69,584 | $33.45 |
| 16 | Event Services | $69,333 | $33.33 |
| 17 | Food and Drug Law Institute | $69,071 | $33.21 |
| 18 | University of California | $69,041 | $33.19 |
| 19 | Morgan Stanley | $68,370 | $32.87 |
| 20 | University of California-Berkeley | $68,153 | $32.77 |
Wage gap by gender, race and education
Budget analyst salary trends
The average budget analyst salary has risen by $7,081 over the last ten years. In 2014, the average budget analyst earned $49,517 annually, but today, they earn $56,598 a year. That works out to a 7% change in pay for budget analysts over the last decade.
Compare budget analyst salaries for cities or states with the national average over time.
Average budget analyst salary over time
Compare budget analyst salaries for individual cities or states with the national average.
Budget analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $56,600 | $27.21 | +3.1% |
| 2024 | $54,900 | $26.37 | +0.4% |
| 2023 | $54,600 | $26.26 | +1.3% |
| 2022 | $53,900 | $25.93 | +1.9% |
| 2021 | $52,900 | $25.44 | +3.0% |
Recently added budget analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| City of Gainesville | Budget Analyst | Gainesville, FL | 06/30/2025 | $67,200 |
| Academy District 20 | Accounting and Budget Analyst | Colorado Springs, CO | 06/29/2025 | $70,890 |
| Binghamton University | Budget Analyst | Binghamton, NY | 06/28/2025 | $57,151 |
| St. John's River Water Management District-Sa | Budget Specialist or Budget Analyst | Palatka, FL | 06/28/2025 | $56,181 |
| Goodwill of Colorado | Budget Analyst | Colorado Springs, CO | 06/27/2025 | $74,000 |
| State of North Carolina | Budget Execution Analyst | Boone, NC | 06/27/2025 | $65,000 |
| Pacourts | Budget Analyst | Harrisburg, PA | 06/27/2025 | $70,000 |
| Latitude Inc. | Budget Analyst (Cleared) | Arlington, VA | 06/27/2025 | $150,000 |
| Noblis | Budget Analyst (Multiple Levels) | Chantilly, VA | 06/26/2025 | $97,400 |
| Department of Homeland Security | Budget Analyst | Orlando, FL | 06/26/2025 | $88,621 |
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