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How much does a Budget Analyst make?

The average salary for a Budget Analyst is $82,096 per year in the US.

Budget Analysts make a respectable income, with a wide range of salaries available based on experience and location. The average yearly salary for a Budget Analyst stands at around $82,096. This salary can vary depending on several factors, including the individual's level of experience, the industry they work in, and the specific company they are employed by.

For those new to the field, starting salaries may begin around $44,401. As professionals gain experience, salaries can climb significantly. Top earners in this field can make upwards of $159,504 annually. A breakdown of salary percentiles shows that even at the lower end, Budget Analysts can earn competitive wages. At the 10th percentile, salaries start around $54,865, while those at the 90th percentile can expect to earn $128,112 or more.

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What are the highest paying cities for a Budget Analyst?

Top cities with high-paying budget analyst jobs include Washington, DC, and San Francisco, CA. These two cities offer average salaries above $108,000. Colorado Springs, CA, Sacramento, CA, and Seattle, WA, also present excellent opportunities with salaries exceeding $93,000. These locations provide a range of employers seeking skilled budget analysts, making them ideal for job seekers. With strong demand in these areas, budget analysts can find competitive salaries and career growth.
Graph displaying highest paying cities salaries for Budget Analyst jobs, highlighting Washington, DC with the highest at $108,354 and Salem, OR with the lowest at $91,814.
  1. Washington, DC
    Average Salary: $108,354
    Budget Analysts in Washington, DC, work within government institutions and think tanks. They prepare financial reports and forecasts. Many work for federal agencies, making it a hub for public sector finance roles.
    Find Budget Analyst jobs in Washington, DC


  2. San Francisco, CA
    Average Salary: $108,164
    In San Francisco, Budget Analysts often find opportunities in tech companies. They ensure that projects and operations stay within budget. The tech-driven economy provides a dynamic environment for finance professionals.
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  3. Colorado Springs, CO
    Average Salary: $99,185
    Colorado Springs is known for its military presence, which creates opportunities for Budget Analysts. They work on military budgets and ensure funds are used efficiently. This environment offers stability and clear career growth paths.
    Find Budget Analyst jobs in Colorado Springs, CO


  4. Sacramento, CA
    Average Salary: $97,950
    Sacramento offers Budget Analysts positions in state government and education. They help manage state finances and fund allocation. Working in the state capital provides insight into legislative processes and policy impacts.
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  5. Seattle, WA
    Average Salary: $95,211
    Seattle's tech industry and major corporations create a demand for Budget Analysts. They work with companies like Amazon and Microsoft, focusing on project budgets and financial planning. The city's growth provides a vibrant job market for finance roles.
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  6. Huntsville, AL
    Average Salary: $94,523
    Huntsville, known as the 'Rocket City', offers Budget Analysts roles in aerospace and defense. They manage budgets for cutting-edge projects. The industry's focus on innovation provides a unique work experience.
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  7. Honolulu, HI
    Average Salary: $93,774
    In Honolulu, Budget Analysts often work for state government and tourism-related businesses. They ensure funds are allocated effectively for public services and tourism initiatives. The island's unique economy offers diverse financial management roles.
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  8. Los Angeles, CA
    Average Salary: $93,353
    Los Angeles provides numerous opportunities for Budget Analysts in entertainment and media. They manage budgets for film, TV, and digital content production. The city's vibrant media scene offers dynamic and varied roles in finance.
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  9. Portland, OR
    Average Salary: $93,186
    Portland's strong tech sector and eco-friendly initiatives create roles for Budget Analysts. They work with startups and green companies, focusing on sustainability budgets. The city's progressive culture provides a unique work environment.
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  10. Salem, OR
    Average Salary: $91,814
    Salem offers Budget Analysts positions in state government and education. They help manage state budgets and funding allocations. Working in the state capital provides valuable experience in public finance and policy.
    Find Budget Analyst jobs in Salem, OR

What are the best companies a Budget Analyst can work for?

Top companies for budget analysts include CACI International, Office of the Chief Financial Officer (OCFO), and US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys. These companies offer competitive salaries, making them great choices for job seekers. With salaries up to $110,658, CACI International leads the pack, followed closely by the OCFO at $105,925.
Graph displaying best paying company salaries for Budget Analyst jobs, highlighting CACI International with the highest at $110,658 and State of Louisiana with the lowest at $80,644.
  1. CACI International
    Average Salary: $110,658
    CACI International offers competitive salaries for Budget Analysts. They work with government agencies, providing services in information technology and management. The company has offices across the U.S., including in Arlington, VA, and Los Angeles, CA.


  2. Office of the Chief Financial Officer (OCFO)
    Average Salary: $105,925
    The OCFO provides a solid salary for Budget Analysts. They focus on managing federal financial resources. The office is based in Washington, D.C., but opportunities may be available in other major cities.


  3. US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys
    Average Salary: $102,883
    Budget Analysts in this office earn a good salary. They assist in budget planning and resource allocation. This office operates nationwide, with a significant presence in major U.S. cities.


  4. Northrop Grumman
    Average Salary: $92,755
    Northrop Grumman offers competitive compensation for Budget Analysts. They focus on aerospace and defense technology. The company has offices throughout the U.S., including in Falls Church, VA, and El Segundo, CA.


  5. Federal Bureau of Prisons
    Average Salary: $89,122
    Budget Analysts at the Federal Bureau of Prisons earn a solid salary. They manage budgets for federal correctional institutions. The bureau has facilities across the U.S., with a main office in Washington, D.C.


  6. State of Washington
    Average Salary: $88,364
    The State of Washington offers good pay for Budget Analysts. They work in various state departments, focusing on financial management. The state operates across Washington, with key locations in Olympia and Seattle.


  7. New York City Department of Transportation
    Average Salary: $87,859
    Budget Analysts in the NYC DOT earn a respectable salary. They manage budgets for public transportation services. The department is based in New York City, with many projects and initiatives throughout the city.


  8. State of Colorado
    Average Salary: $87,225
    The State of Colorado offers competitive salaries for Budget Analysts. They work across various state agencies, focusing on fiscal management. The state operates throughout Colorado, with a main office in Denver.


  9. State of North Carolina
    Average Salary: $82,215
    Budget Analysts in North Carolina earn a solid salary. They work with state agencies to manage finances. The state has offices throughout North Carolina, with a central location in Raleigh.


  10. State of Louisiana
    Average Salary: $80,644
    The State of Louisiana offers a good salary for Budget Analysts. They manage budgets for state services and operations. The state operates across Louisiana, with a main office in Baton Rouge.

How to earn more as a Budget Analyst?

Budget Analysts can increase their earnings through various professional avenues. They can improve their marketability and salary potential by enhancing their skill set and gaining valuable experience. Job seekers can focus on several key strategies to achieve higher pay.

First, gaining relevant certifications can boost a Budget Analyst's earning potential. Certifications like the Certified Budget Professional (CBP) or the Certified Government Financial Manager (CGFM) can demonstrate expertise and commitment to the field. These credentials can lead to higher-paying roles and greater responsibilities. Second, specializing in high-demand areas such as financial software or data analysis can make a Budget Analyst more valuable to employers. Staying current with industry trends and tools ensures competitiveness in the job market.

Here are some factors to consider for earning more as a Budget Analyst:

  1. Obtain relevant certifications.
  2. Specialize in high-demand areas.
  3. Gain experience in various industries.
  4. Enhance technical skills with financial software.
  5. Pursue advanced degrees or continuing education.

Currently 230 Budget Analyst job openings, nationwide.

How's the job market for a Budget Analyst in the US?

Learn what a Budget Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Budget Analyst today.
Position
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Budget Analyst
230 Job Openings