How much does a Budget Analyst make?
A Budget Analyst plays a crucial role in managing finances for organizations. They ensure that budgets are created and followed properly. This job involves working with numbers and analyzing financial data. Budget Analysts often work in government, healthcare, education, and business sectors.
Budget Analysts typically earn a competitive salary. The average yearly salary for this role is around $86,598. Most Budget Analysts make between $47,320 and $154,759 per year. These figures can vary based on experience, location, and the specific industry. A detailed breakdown of the salary distribution shows that many professionals fall within the middle range of this salary spectrum.
What are the highest paying cities for a Budget Analyst?

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Washington, DC
Average Salary: $114,140
In Washington, DC, you will find a thriving environment for financial experts. Many federal agencies and large consulting firms seek professionals to manage budget allocations. Companies such as the Department of Defense and Deloitte offer exciting opportunities.
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San Francisco, CA
Average Salary: $111,146
San Francisco presents a dynamic market for those in financial management. Tech giants like Apple and Google, as well as financial institutions such as JPMorgan Chase, look for skilled budget analysts to help navigate their complex financial landscapes.
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Huntsville, AL
Average Salary: $110,101
Huntsville offers a unique blend of opportunities in defense and aerospace. Companies like NASA and Boeing provide stable environments where your financial skills can thrive. These organizations value expertise in budget management for their extensive projects.
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Colorado Springs, CO
Average Salary: $102,895
Colorado Springs is known for its strong defense sector. Working in budget analysis here means partnering with major companies like Lockheed Martin and Northrop Grumman, where you can make a significant impact on financial strategy.
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Sacramento, CA
Average Salary: $102,710
Sacramento offers a mix of state government roles and private sector jobs. Agencies such as the State of California and companies like IBM seek professionals to manage their budgets efficiently. It's a place where your financial skills can make a real difference.
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Seattle, WA
Average Salary: $100,472
Seattle's tech industry presents diverse opportunities for budget analysts. Companies such as Microsoft and Amazon require experts to handle their budgets. The city’s vibrant economy offers a chance to work with some of the world's leading firms.
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Boulder, CO
Average Salary: $98,975
Boulder provides a mix of nonprofit and government opportunities. Organizations like the University of Colorado Boulder and Boulder Community Health seek professionals to manage their financial resources. It’s an ideal place for those who want to balance work with a great quality of life.
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Springfield, IL
Average Salary: $94,201
Springfield offers a mix of state government and private sector jobs. Companies such as State Farm and local government agencies value your expertise in budget management. It’s a stable environment with plenty of opportunities for career growth.
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Portland, OR
Average Salary: $94,171
Portland offers a unique blend of technology and sustainable business practices. Companies like Nike and Intel seek budget analysts to manage their financial plans. The city’s progressive atmosphere provides a great backdrop for a rewarding career.
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San Diego, CA
Average Salary: $93,438
San Diego’s strong defense and biotech sectors create ample opportunities for budget analysts. Companies such as General Dynamics and Illumina offer roles where your financial expertise can be pivotal. The city’s mild climate also adds to the appeal.
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What are the best companies a Budget Analyst can work for?

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Markon
Average Salary: $172,524
Markon provides budgeting and financial management services across the federal sector. They work with various agencies in locations like Washington D.C., and California.
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Koniag Government Services
Average Salary: $138,333
Koniag Government Services offers financial management, including budget analysis, to government agencies. They operate in key areas like Alaska and Virginia.
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Leidos
Average Salary: $133,716
Leidos is a major player in the defense and health sectors. They provide budget analysis for their operations in cities like Reston, VA, and Washington D.C.
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CACI International Inc
Average Salary: $121,587
CACI International Inc is a leading provider of IT and management consulting. Budget analysts work in multiple locations including Arlington, VA, and Colorado Springs, CO.
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Office of the Chief Information Officer
Average Salary: $108,333
The Office of the Chief Information Officer focuses on information technology management. Budget analysts operate from their location in Washington D.C.
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HELP USA
Average Salary: $102,083
HELP USA offers services in areas like health and human services. They provide budget analysis in locations such as Washington D.C. and California.
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Northrop Grumman
Average Salary: $94,318
Northrop Grumman operates in defense and aerospace. Budget analysts work in key areas like Falls Church, VA, and California.
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State of Colorado
Average Salary: $94,223
The State of Colorado offers a wide range of services including budget management. They have locations across Colorado, including Denver.
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Federal Bureau of Prisons
Average Salary: $93,623
The Federal Bureau of Prisons provides budget analysis for federal correctional facilities. They operate in various states across the United States.
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New York City Department of Transportation
Average Salary: $92,845
The NYC Department of Transportation manages budget for public transit systems. They operate in New York City, New York.
How to earn more as a Budget Analyst?
A budget analyst plays a crucial role in managing financial resources for organizations. Increasing earnings in this role often depends on certain key factors. These factors help create a strong foundation for salary growth and career advancement. Understanding and focusing on these areas can make a significant difference.
Here are some key factors that can help a budget analyst earn more:
- Gaining Experience: More experience leads to higher earnings. Working in the field for several years allows analysts to understand complex financial systems better. Experience also means taking on more significant projects and responsibilities.
- Advanced Education: A master’s degree or specialized certifications can open doors to higher-paying positions. Programs in finance, accounting, or business administration can enhance skills and knowledge. These qualifications also show dedication and expertise.
- Professional Certifications: Certifications like Certified Budget Professional (CBP) or Certified Public Accountant (CPA) can boost credibility. These credentials show a deeper understanding of budgeting processes and financial management.
- Specializing in Key Areas: Analysts who specialize in high-demand areas like healthcare or government budgeting can earn more. These sectors often require specific skills and knowledge. Specializing can make an analyst more valuable to employers.
- Network Building: Strong professional relationships can lead to better job opportunities. Attending industry conferences, joining professional groups, and connecting with peers can open doors to higher-paying jobs. Networking helps analysts stay informed about industry trends and new job openings.



