The average salary for a Budget Analyst is $60,941.
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What Do Budget Analysts Do?
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.
The budget analyst must be able to, on a periodic and ongoing basis, look at the company's budgets to assess current expenditures and the accuracy of the corporate financial pla…Read more
Job Satisfaction for Budget Analyst
Popular Employer Salaries for Budget Analyst
The top respondents for the job title Budget Analyst are from the companies Northrop Grumman Corporation, Hampton Roads Transit and U.S. Air Force (USAF). Reported salaries are highest at Northrop Grumman Corporation where the average pay is $76,650. Other companies that offer high salaries for this role include City of Virginia Beach Public Schools and U.S. Army, earning around $74,952 and $71,226, respectively. Allegheny County Housing Authority pays the lowest at around $45,100. Hampton Roads Transit and U.S. Air Force (USAF) also pay on the lower end of the scale, paying $52,269 and $62,981, respectively.
Budget Analyst Job Listings
What Are Popular Skills for Budget Analysts?
Skills in Budgeting, Budget Management and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Data Analysis and Microsoft Excel.
What is the Pay by Experience Level for Budget Analysts?
An entry-level Budget Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $50,238 based on 63 salaries. An early career Budget Analyst with 1-4 years of experience earns an average total compensation of $56,018 based on 546 salaries. A mid-career Budget Analyst with 5-9 years of experience earns an average total compensation of $63,754 based on 293 salaries. An experienced Budget Analyst with 10-19 years of experience earns an average total compensation of $71,277 based on 282 salaries. In their late career (20 years and higher), employees earn an average total compensation of $74,567.
Pay Difference by Location
Employees with Budget Analyst in their job title in Washington, District of Columbia earn an average of 25.0% more than the national average. These job titles also find higher than average salaries in Los Angeles, California (11.5% more) and Seattle, Washington (4.0% more). The lowest salaries can be found in Austin, Texas (7.5% less) and Atlanta, Georgia (2.4% less).
Years of Experience
This data is based on 1,346 survey responses.