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Budget/finance analyst salary
Average budget/finance analyst salary
$58,499
Comprehensive Overview of Budget/Finance Analyst Salaries
The role of a Budget/Finance Analyst is critical in managing financial planning and analysis within organizations. As of October 2025, the average salary for this position is $58,499 annually, translating to approximately $28 per hour. Salary can significantly vary based on experience, with entry-level positions starting lower, while those with extensive experience can earn much more.
Geographic location also plays a key role in salary variation. Regions with higher living costs, such as California and New York, typically offer higher salaries for budget/finance analysts. Additionally, industries such as finance and insurance tend to pay more compared to those in education or government sectors.
To maximize earning potential, aspiring analysts should consider roles in high-paying cities like San Francisco, New York City, and Washington D.C. Furthermore, obtaining relevant certifications, such as Certified Management Accountant (CMA) or Chartered Financial Analyst (CFA), can enhance job prospects and salary potential. Understanding the various factors that influence salary can assist candidates in making informed career choices in the finance sector.
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Where can a Budget/Finance Analyst earn more?
Average budget/finance analyst salary by state
The average budget/finance analyst salary in West Virginia, Maryland, and Maine are the highest in the U.S. The lowest average budget/finance analyst salary states are North Carolina, Georgia, and Oklahoma.
- State view
- County view
Highest paying states for budget/finance analysts
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $76,958 | $37.00 |
| 2 | Virginia | $64,555 | $31.04 |
| 3 | Connecticut | $64,883 | $31.19 |
| 4 | Massachusetts | $64,792 | $31.15 |
| 5 | Maryland | $65,676 | $31.57 |
| 6 | New Jersey | $65,219 | $31.36 |
| 7 | New York | $63,417 | $30.49 |
| 8 | North Dakota | $58,518 | $28.13 |
| 9 | West Virginia | $68,726 | $33.04 |
| 10 | Vermont | $62,426 | $30.01 |
| 11 | Maine | $65,294 | $31.39 |
| 12 | Colorado | $61,222 | $29.43 |
| 13 | California | $65,218 | $31.35 |
| 14 | Michigan | $59,568 | $28.64 |
| 15 | Missouri | $60,630 | $29.15 |
| 16 | Rhode Island | $59,065 | $28.40 |
| 17 | Pennsylvania | $59,733 | $28.72 |
| 18 | Ohio | $59,271 | $28.50 |
| 19 | Delaware | $58,050 | $27.91 |
| 20 | Alaska | $62,316 | $29.96 |
| 21 | Utah | $55,942 | $26.90 |
| 22 | Wyoming | $55,329 | $26.60 |
| 23 | Indiana | $59,063 | $28.40 |
| 24 | Alabama | $55,719 | $26.79 |
| 25 | Wisconsin | $55,301 | $26.59 |
| 26 | Kansas | $53,306 | $25.63 |
| 27 | Minnesota | $56,499 | $27.16 |
| 28 | Texas | $54,796 | $26.34 |
| 29 | Hawaii | $56,801 | $27.31 |
| 30 | Washington | $55,864 | $26.86 |
| 31 | Mississippi | $54,371 | $26.14 |
| 32 | Oregon | $56,003 | $26.92 |
| 33 | South Carolina | $55,107 | $26.49 |
| 34 | Nevada | $53,831 | $25.88 |
| 35 | Illinois | $52,598 | $25.29 |
| 36 | New Hampshire | $54,718 | $26.31 |
| 37 | Florida | $52,113 | $25.05 |
| 38 | Idaho | $52,704 | $25.34 |
| 39 | Oklahoma | $46,521 | $22.37 |
| 40 | Louisiana | $52,903 | $25.43 |
| 41 | Kentucky | $51,687 | $24.85 |
| 42 | Arizona | $50,807 | $24.43 |
| 43 | Nebraska | $50,346 | $24.20 |
| 44 | New Mexico | $51,492 | $24.76 |
| 45 | Tennessee | $48,210 | $23.18 |
| 46 | Iowa | $50,810 | $24.43 |
| 47 | North Carolina | $47,562 | $22.87 |
| 48 | Georgia | $46,521 | $22.37 |
| 49 | South Dakota | $45,414 | $21.83 |
| 50 | Arkansas | $39,711 | $19.09 |
| 51 | Montana | $44,568 | $21.43 |
Highest paying cities for budget/finance analysts
The highest-paying cities for budget/finance analysts are Washington, DC, San Mateo, CA, and Baltimore, MD.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Washington, DC | $76,973 | $37.01 |
| 2 | San Mateo, CA | $68,556 | $32.96 |
| 3 | Baltimore, MD | $65,877 | $31.67 |
| 4 | Arlington, VA | $65,389 | $31.44 |
| 5 | Shrewsbury, MA | $64,924 | $31.21 |
| 6 | New York, NY | $63,482 | $30.52 |
| 7 | Colorado Springs, CO | $61,331 | $29.49 |
| 8 | Warren, OH | $60,300 | $28.99 |
| 9 | Eagan, MN | $56,566 | $27.20 |
| 10 | Olympia, WA | $56,481 | $27.15 |
| 11 | Huntsville, AL | $56,140 | $26.99 |
| 12 | Salem, OR | $56,115 | $26.98 |
| 13 | Irving, TX | $54,712 | $26.30 |
| 14 | Manhattan, KS | $53,301 | $25.63 |
| 15 | Chicago, IL | $52,780 | $25.38 |
| 16 | Gainesville, FL | $52,237 | $25.11 |
| 17 | Glendale, AZ | $50,838 | $24.44 |
| 18 | Des Moines, IA | $50,536 | $24.30 |
| 19 | Omaha, NE | $50,424 | $24.24 |
| 20 | Atlanta, GA | $46,612 | $22.41 |
Budget/finance analyst salary details
A budget/finance analyst's salary ranges from $42,000 a year at the 10th percentile to $80,000 at the 90th percentile.
What is a budget/finance analyst's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $80,000 | $6,667 | $38 |
| 75th Percentile | $69,000 | $5,750 | $33 |
| Average | $58,499 | $4,875 | $28 |
| 25th Percentile | $49,000 | $4,083 | $24 |
| 10th Percentile | $42,000 | $3,500 | $20 |
Highest paying budget/finance analyst jobs
The highest paying types of budget/finance analysts are finance manager, staff analyst, and finance systems analyst.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Treasury Analyst | $72,667 | $6,056 | $34.94 | 50,817 |
| Analyst | $73,007 | $6,084 | $35.10 | 253,138 |
| Finance Planner | $71,607 | $5,967 | $34.43 | 91,557 |
| Control Analyst | $69,598 | $5,800 | $33.46 | 133,321 |
| Finance Professional | $55,551 | $4,629 | $26.71 | 124,570 |
| Cost Analyst | $54,158 | $4,513 | $26.04 | 60,034 |
Top companies hiring budget/finance analysts now:
Which companies pay budget/finance analysts the most?
Budget/finance analyst salaries at Cisco and Western Digital are the highest-paying according to our most recent salary estimates. In addition, the average budget/finance analyst salary at companies like University of California, Berkeley and Environmental Defense Fund are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Cisco | $99,563 | $47.87 |
| 2 | Western Digital | $81,160 | $39.02 |
| 3 | University of California-Berkeley | $80,680 | $38.79 |
| 4 | Environmental Defense Fund | $76,033 | $36.55 |
| 5 | UC Santa Barbara | $70,578 | $33.93 |
| 6 | Goldbelt Falcon | $67,493 | $32.45 |
| 7 | Milliman | $66,834 | $32.13 |
| 8 | Federal Bureau of Investigation | $66,732 | $32.08 |
| 9 | University of Massachusetts Medical School | $66,401 | $31.92 |
| 10 | Mount Sinai Health System | $66,147 | $31.80 |
| 11 | Torch Technologies | $65,857 | $31.66 |
| 12 | Loyola University Maryland | $65,412 | $31.45 |
| 13 | Harvard University | $65,303 | $31.40 |
| 14 | Florida Power and Light | $64,917 | $31.21 |
| 15 | Southern | $64,677 | $31.09 |
| 16 | Yale New Haven Health | $64,068 | $30.80 |
| 17 | Knowesis | $63,977 | $30.76 |
| 18 | MITRE | $63,952 | $30.75 |
| 19 | Precise Systems | $63,853 | $30.70 |
| 20 | Gwinnett County | $63,595 | $30.57 |
Wage gap by gender, race and education
Budget/Finance Analyst salary by industry
The average budget/finance analyst salary varies across industries:
- The average budget/finance analyst salary in the technology industry is $73,601, the highest of any industry.
- The average budget/finance analyst salary in the finance industry is $63,190.
- Budget/finance analysts in the hospitality industry earn an average salary of $59,184, the lowest of any industry.
Highest paying industries for budget/finance analysts
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Technology | $73,601 | $35.39 |
| 2 | Professional | $63,190 | $30.38 |
| 3 | Health Care | $61,426 | $29.53 |
| 4 | Telecommunication | $61,034 | $29.34 |
| 5 | Government | $60,660 | $29.16 |
| 6 | Hospitality | $59,184 | $28.45 |
High paying budget/finance analyst jobs
Budget/finance analyst salary trends
The average budget/finance analyst salary has risen by $7,319 over the last ten years. In 2014, the average budget/finance analyst earned $51,180 annually, but today, they earn $58,499 a year. That works out to a 7% change in pay for budget/finance analysts over the last decade.
Compare budget/finance analyst salaries for cities or states with the national average over time.
Average budget/finance analyst salary over time
Compare budget/finance analyst salaries for individual cities or states with the national average.
Budget/finance analyst salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $58,500 | $28.12 | +3.1% |
| 2025 | $56,700 | $27.26 | +0.4% |
| 2024 | $56,500 | $27.15 | +1.3% |
| 2023 | $55,700 | $26.80 | +1.9% |
| 2022 | $54,700 | $26.30 | +3.0% |
Recently added budget/finance analyst salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Bozzuto | Financial & Budget Analyst | Greenbelt, MD | 06/24/2025 | $75,000 |
| North St. | Budget/Financial Analyst | Nore, MN | 06/20/2025 | $65,000 |
| Minnesota Service Cooperatives | Budget/Financial Analyst | Nore, MN | 06/20/2025 | $65,000 |
| Glensfallshosp | Financial Analyst, Planning & Budget | Glens Falls, NY | 06/09/2025 | $60,406 |
| The University of Chicago | Budget and Finance Analyst | Chicago, IL | 05/27/2025 | $60,000 |
| State of New York | Budget and Finance Analyst-REF #Ex-Ad | Albany, NY | 05/14/2025 | $55,005 |
| Avid Core | Mid-Level Financial and Budget Analyst | Washington, DC | 05/12/2025 | $85,000 |
| State of Minnesota | DCT Budget & Financial Analyst Manager/State Prog Admin Manager SR | Vadnais Heights, MN | 05/08/2025 | $90,577 |
| The University of Chicago | Budget and Finance Analyst | Chicago, IL | 04/29/2025 | $60,000 |
| Valiant Harbor International, LLC | SR. Budget & Financial Portfolio Analyst | Arlington, VA | 04/28/2025 | $110,000 |
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