Senior Budget Analyst Salary

Senior Budget Analysts in the United States are often veterans in their line of work, with just over a half bringing more than 10 years of experience to the table. Salaries slide in at $73K annually on average but can range from $51K to $98K per year. Career length is the biggest factor affecting pay for this group, followed by geography. Men make up a slight majority of Senior Budget Analysts (56 percent) who responded to the survey. Most Senior Budget Analysts report high levels of job satisfaction. Most report receiving medical coverage from their employers and a large number collect dental insurance. The data in this summary comes from the PayScale salary survey.
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$51,716 - $96,968
$52K
$73K
$97K
MEDIAN: $73,106
10%
50%
90%

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$24.11 - $36.40
$34
MEDIAN: $34.18
50%

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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$33K$66K$99K
Salary
$51,716 - $96,968  
   
Bonus
$0.00 - $7,773  
Profit Sharing
$9,250  
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).
)
$51,482 - $97,905  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 116
© PayScale, Inc. @ www.payscale.com
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$22$44$66
Hourly Rate
$34.18  
   
Overtime
$64.00  
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$33K$66K$99K
Bonus
$0.00 - $7,773  
   
Profit Sharing
$9,250  
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).
)
$51,482 - $97,905  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 7
© PayScale, Inc. @ www.payscale.com

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United States (change)

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Job Description for Senior Budget Analyst

A senior budget analyst is the person who is responsible for helping an institution organize their finances and budgets. This is a position found in a variety of professional settings, including public companies, non-profit organizations, government agencies, and universities. A senior budget analyst will typically work in an office environment, although some light travel may be required. This person will typically keep traditional weekday, daytime hours. However, overtime may also be required, depending on deadlines. A senior budget analyst will often be required to attain a bachelor’s degree in an area such as accounting, business, finances, economics, statistics, sociology, political science, or public administration. Organizations are increasingly requiring a master’s degree for this position. Some agencies are also requiring their senior budget analysts to attain specialized certifications within the field, as well as continuing education in financial management.

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Senior Budget Analyst Tasks

  • Review and analyze budget data, identifying gaps and finding data to answer key questions.
  • Identify trends and opportunities to improve financial status.
  • Develop, validate and communicate financial metrics.
  • Meet with and guide department heads about budget needs and decisions.
  • Present findings in multiple formats to multiple audiences.

Senior Budget Analyst Job Listings

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Popular Skills for Senior Budget Analyst


Survey results suggest that Senior Budget Analysts put a wide range of professional skills to use. Most notably, skills in Microsoft Excel, Financial Analysis, Budgeting, and Budget Management are correlated to pay that is above average. Those educated in Budget Management tend to be well versed in Forecasting.

Pay by Experience Level for Senior Budget Analyst

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


For many Senior Budget Analysts, more experience generally translates to higher pay. Average salaries for inexperienced employees average out to around $58K, but folks who have five to 10 years of experience earn a higher median of $71K. For Senior Budget Analysts, 10 to 20 years of experience on the job amounts to an average salary of $71K. Seasoned veterans with 20 years under their belts enjoy a median income of $92K.

Pay Difference by Location

National Average: $73,295

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

Home to some of the best pay for Senior Budget Analysts, Washington offers exceptional salaries, 19 percent above the national average. Senior Budget Analysts will also find cushy salaries in Los Angeles (+13 percent) and Huntsville (+6 percent). Atlanta is home to the smallest salaries in the field, lagging the national average by 18 percent. Two other places where employers offer below-median salaries are Boston (11 percent less) and New York (2 percent less).

Related Job Salaries

Key Stats for Senior Budget Analyst

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.
Less than 1 year
1%
1-4 years
11%
5-9 years
33%
10-19 years
26%
20 years or more
28%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Senior Budget Analyst Salaries

▲26%

National Average
$73,000

▼3%

▼4%

▼21%

Skills That Affect Senior Budget Analyst Salaries


Microsoft Excel
▲2%

National Average
$73,000


Budgeting
▼1%

▼2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 18 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
1%
1-4 years
11%
5-9 years
33%
10-19 years
26%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 84%
vision benefits
Vision: 69%
dental benefits
None: 9%
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