What am I worth?
Get a free salary report »
What should I pay?
Pay the right way »

Budget Analyst Salary

Budget Analysts in the United States take home approximately $56K per year on average. Overall cash earnings for Budget Analysts vary widely between $40K and $85K; for a few high rollers, the final number can encompass upwards of $6K each from bonuses and profit sharing proceeds. The most influential factor affecting pay for this group is geography, though the company and experience level have a (lesser) impact as well. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Most workers in this position report high levels of job satisfaction. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 51 percent. This report is based on answers to PayScale's salary questionnaire.
Read More
$40,276 - $84,364
(Median)
$40K
$56K
$84K
MEDIAN: $55,672
10%
50%
90%

Add this chart to your site: 640px    300px

$15.41 - $35.49
(Median)
$15
$23
$35
MEDIAN: $23.00
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$29K$58K$87K
Salary
$40,276 - $84,364  
   
Bonus
$0.00 - $5,986  
Profit Sharing
$-0.49 - $5,872  
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).
)
$39,989 - $84,517  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 1,139
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$15.41 - $35.49  
   
Overtime
$24.14 - $47.92  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $5,986  
   
Profit Sharing
$-0.49 - $5,872  
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).
)
$39,989 - $84,517  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 123

Find Out Exactly What You Should Be Paid

United States (change)

- OR -

Log in with LinkedIn

Comp Managers Click Here »

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.

Read More...

Budget Analyst Tasks

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

Common Career Paths for Budget Analyst


Add this chart to your site:   640px 640px    300px 300px


While Budget Analysts do not often become Finance Directors, the job pays $102K per year on average. A common career progression for a Budget Analyst is to become a Senior Financial Analyst or a Budget Manager. Compared to Budget Analysts, the first group earns $19K more on average, and the second group earns $17K more.

Budget Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Budget Analyst


Budget Analysts seeking a sizable paycheck can earn the most at Ada County Highway District, where the average salary comes to $67K.

Popular Skills for Budget Analyst


Budget Analysts seem to require a number of specific skills. Most notably, facility with Financial Modeling, Forecasting, and Budget Management are correlated to pay that is significantly above average, leading to increases of 27 percent, 10 percent, and 4 percent, respectively. Skills that pay less than market rate include Accounting. Most people skilled in Budget Management are similarly competent in Budgeting.

Pay by Experience Level for Budget Analyst

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


For many Budget Analysts, extensive experience does not lead to significantly more money. Relatively untried employees who have less than five years' experience make $51K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $59K. For Budget Analysts, 10 to 20 years of experience on the job amounts to an average salary of $65K. Respondents who claim more than 20 years of experience may encounter pay that doesn't quite reflect their extensive experience; these veterans report a median income of around $69K.

Pay Difference by Location


Surpassing the national average by 35 percent, Budget Analysts in Arlington receive some of the highest pay in the country. Budget Analysts will also find cushy salaries in Washington (+27 percent), Boston (+8 percent), Chicago (+7 percent), and Denver (+6 percent). With compensation 17 percent below the national average, Baltimore is not known for hefty paychecks and actually represents the lowest-paying market. Employers pay around 13 percent less in Atlanta and 10 percent less in Dallas, below-median salaries for those in this field.

Related Job Salaries

United States (change)

Experience Affects Budget Analyst Salaries




National Average
$55,000


Skills That Affect Budget Analyst Salaries

Financial Modeling
up arrow 27%

Forecasting
up arrow 10%

Financial Analysis
up arrow 4%

Budget Management
up arrow 4%

Financial Reporting
up arrow 3%

Data Analysis
up arrow 2%

Budgeting
0%

National Average
$55,000

Microsoft Office
up arrow 1%

Microsoft Excel
up arrow 2%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 283 votes.

Gender

Female
51 %
Male
49 %

Years of Experience

Less than 1 year
5%
1-4 years
42%
5-9 years
27%
10-19 years
17%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 8%