The average Budget Analyst in the United States can expect to rake in roughly $58K per year. In the world of Budget Analysts, overall cash allowance can occasionally include more than $6K from bonuses and, in some exceptional cases, $10K from profit sharing, causing incomes to vary widely between $41K and $83K. While the company and tenure impact pay for this group, geography is the most influential factor. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 55 percent. Job satisfaction for Budget Analysts is high. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$42,754 - $83,330
$43K
$58K
$83K
MEDIAN: $57,544
10%
50%
90%

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$17.16 - $33.74
$17
$23
$34
MEDIAN: $22.89
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$28K$56K$84K
Salary
$42,754 - $83,330  
   
Bonus
$0.00 - $6,040  
Profit Sharing
$0.00 - $9,899  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,035 - $82,730  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 717
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18$36$54
Hourly Rate
$17.16 - $33.74  
   
Overtime
$22.68 - $51.82  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$0.00 - $6,040  
   
Profit Sharing
$0.00 - $9,899  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$41,035 - $82,730  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 97

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Budget Analyst

The budget analyst is responsible for providing assistance and analysis during the budget-development process. They look at the organization's past performance in terms of funds allocation to ensure current and future budgets have the most effective, efficient allocation of financial resources throughout the company.

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Budget Analyst Tasks

  • Review expenditures to ensure compliance within operational and capital budget limits.
  • Provide insight to control and budget policies.
  • Prepare budgets for departments based on performance, revenue, and expenses.
  • Perform trending analysis and projections.
  • Maintain expense and audit records for inventories and budget balances.

Common Career Paths for Budget Analyst


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Though some Budget Analysts move into positions like Finance Director (where the average salary is $105K), this progression is not the norm. When Budget Analysts are ready for the next step in their careers, they often become Senior Financial Analysts or Budget Managers. Those roles pay an additional $19K and $16K, respectively.

Budget Analyst Job Listings

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Popular Employer Salaries for Budget Analyst


For Budget Analysts, comfortable salaries can be found at Department of Veteran's Affairs; in fact, median earnings sit around $69K, the highest in the area.

Popular Skills for Budget Analyst


Survey results suggest that Budget Analysts use a fairly large toolkit of professional skills. Most notably, skills in Forecasting, Financial Analysis, Budget Management, and Budgeting are correlated to pay that is above average, with boosts between 3 percent and 7 percent. At the other end of the pay range are skills like Financial Modeling and Microsoft Excel. Most people who know Budget Management also know Budgeting and Microsoft Excel.

Pay by Experience Level for Budget Analyst

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Budget Analysts, experience does not seem to be a major factor in determining pay. Workers in their first five years can expect to earn $52K, but people who have been around for five to 10 years earn a noticeably bigger sum of $61K. People with 10 to 20 years of experience make an average of about $65K in this role. Budget Analysts who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $72K.

Pay Difference by Location

National Average: $56,490

Larger city markers indicate a job is popular in that location.

With a pay rate for Budget Analysts that is 38 percent greater than the national average, Atlanta offers a comfortable salary for those in this profession. Budget Analysts will also find cushy salaries in Arlington (+32 percent), Washington (+18 percent), Boston (+18 percent), and Philadelphia (+14 percent). Baltimore ranks last in the field for pay, reporting salaries 15 percent below the national average. Seattle and Indianapolis are a couple other places where companies are known to pay below the median — salaries are 9 percent lower and 8 percent lower, respectively.

Related Job Salaries

Key Stats for Budget Analyst

Gender

Female
55 %
Male
45 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 113 votes.
041
Less than 1 year
5%
1-4 years
42%
5-9 years
23%
10-19 years
21%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Budget Analyst Salaries




National Average
$56,000


Skills That Affect Budget Analyst Salaries

Forecasting
up arrow 7%




Data Analysis
0%

Financial Reporting
0%

Accounting
0%

National Average
$56,000



Financial Modeling
up arrow 6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 113 votes.

Gender

Female
55 %
Male
45 %

Years of Experience

Less than 1 year
5%
1-4 years
42%
5-9 years
23%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 78%
vision benefits
Vision: 68%
dental benefits
None: 10%
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