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Job outlook for budget managers in the United States
Are budget manager jobs in demand?
Budget manager job and salary trends over time
Budget manager jobs over time
Budget manager job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 1,690 | 0.00% |
| 2020 | 1,621 | 0.00% |
| 2019 | 1,625 | 0.00% |
| 2018 | 1,509 | 0.00% |
| 2017 | 1,413 | 0.00% |
Average budget manager salary over time
Budget manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $76,243 | $36.66 | +3.3% |
| 2024 | $73,805 | $35.48 | +1.5% |
| 2023 | $72,725 | $34.96 | +2.3% |
| 2022 | $71,072 | $34.17 | +2.7% |
| 2021 | $69,180 | $33.26 | +3.2% |
Budget manager jobs by state
Most common states for budget managers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 274 | 39% |
| 2 | Massachusetts | 6,859,819 | 729 | 11% |
| 3 | Washington | 7,405,743 | 725 | 10% |
| 4 | Virginia | 8,470,020 | 782 | 9% |
| 5 | Maryland | 6,052,177 | 545 | 9% |
| 6 | Delaware | 961,939 | 88 | 9% |
| 7 | Illinois | 12,802,023 | 1,067 | 8% |
| 8 | Colorado | 5,607,154 | 453 | 8% |
| 9 | Minnesota | 5,576,606 | 419 | 8% |
| 10 | Oregon | 4,142,776 | 322 | 8% |
| 11 | Connecticut | 3,588,184 | 283 | 8% |
| 12 | Rhode Island | 1,059,639 | 87 | 8% |
| 13 | California | 39,536,653 | 2,963 | 7% |
| 14 | New York | 19,849,399 | 1,374 | 7% |
| 15 | Georgia | 10,429,379 | 701 | 7% |
| 16 | North Carolina | 10,273,419 | 684 | 7% |
| 17 | New Jersey | 9,005,644 | 592 | 7% |
| 18 | Arizona | 7,016,270 | 479 | 7% |
| 19 | Utah | 3,101,833 | 216 | 7% |
| 20 | Pennsylvania | 12,805,537 | 792 | 6% |
Most common cities for budget managers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Culver City | 1 | 3% | $92,299 |
| 2 | High Point | 1 | 1% | $70,228 |
| 3 | Kansas City | 1 | 1% | $77,093 |
| 4 | Little Rock | 1 | 1% | $61,826 |
| 5 | Pompano Beach | 1 | 1% | $64,685 |
| 6 | Pueblo | 1 | 1% | $83,172 |
| 7 | Los Angeles | 2 | 0% | $92,327 |
| 8 | Omaha | 2 | 0% | $62,345 |
| 9 | Austin | 1 | 0% | $71,062 |
| 10 | Baltimore | 1 | 0% | $79,736 |
| 11 | Houston | 1 | 0% | $70,544 |
| 12 | San Francisco | 1 | 0% | $99,522 |
Budget Manager job outlook: Expert opinions
Our panel of budget manager experts
DePaul University
California State University San Marcos
Red Rocks Community College
Will there be an enduring impact of the coronavirus pandemic on Budget Managers?
Delvin Grant: Yes. I strongly believe coronavirus will have a lasting impact on new graduates. A increasing paradigm shift is taking place as we speak, as some IT-related jobs can be done remotely. I expect the shift to continue until a steady state condition is achieved, when companies feel they have the right mix of remote and face-to-face employment. Some companies may resist the trend, valuing face-to-face over remote working. Face-to-face satisfies a human need to socialize and, in some cultures, much business is done by face-to-face. There is evidence of a paradigm shift as many IT employees work remotely, due to the pandemic. Some companies have realized the shift is here to stay and others take a wait and see attitude. It is hard not to recognize the shift as there are cost saving from office rent, office space, heating, cooling, computing cost, travel costs, etc. The impact will vary by profession. IT and other professions are a natural fit for remote working while others are not. For example, a chemist working in a lab environment cannot work from home as his lab is the only place to mix and experiment with chemicals and chemistry.
What's a good job out of college for Budget Managers?
Delvin Grant: To answer this question, I am assuming a COVID-19 environment. We know most jobs can be carried out in a face-to-face mode, but if this is not possible in a COVID environment, then it is difficult to consider those jobs as good jobs. Therefore, a good job is one that can be easily carried out in a COVID environment so MIS, IT, Computer Science, and similar professions that fit a remote working mode are excellent jobs.
What are the biggest trends we'll see in the Budget Manager job market given the pandemic?
Jolynn Zhou Ph.D.: Under the current climate, many accounting jobs are becoming remote. This trend is particularly noticeable among the larger accounting firms, while smaller firms, due to lack of resources and simpler structures, are more likely to work in a traditional office environment. Going forward, some of these changes will stay. Post pandemic, remote working will not be as prevalent as now, but will become somewhat common and acceptable.
Recruiting is almost 100 percent remote now. This has both pros and cons to the students. With the remote setting, a potential job candidate may get opportunities and face time they would not have gotten in a traditional job fair. But the cons are obvious as well. Students would have to be more proactive and make a more concerted effort to get out of their comfort zone.
Janet Tarase
Lead Accounting Faculty / Accounting Department ChairRed Rocks Community College
Accounting Department
What are the biggest trends we'll see in the Budget Manager job market given the pandemic?
Janet Tarase: Even though over 7 million people are currently unemployed, employers still need individuals to maintain their operations. Human Resource departments are recruiting individuals through social media platforms. My daughter works in HR recruiting and they only use LinkedIn. Companies are using video or phone interviews to select candidates. Which means that potential candidates have to communicate effectively and make a good first impression quickly.
Employers will be looking for individuals that have proven communication, organizational and time management skills that are able to work independently since telecommuting will be continuing in the future. Applicants will also need to have technological and critical thinking skills to manage the challenges presented while working from home. Because of the pandemic and so many of us having to work from home, companies may broaden their recruiting geography to find the best candidates out of state or in different time zones. Finally, employees need to be flexible and resilient - you never know what the next job requirement will demand.