How much does a Budget Analyst make?
Budget analysts play a key role in helping organizations manage their finances. They review financial data, create budgets, and track spending. This job is important for making sure companies use their money wisely. The average yearly salary for a budget analyst is $82,508. This means that, on average, budget analysts earn a good living.
The salary for budget analysts can vary based on experience and location. Here are some details:
- The lowest 10% earn less than $44,000.
- The next 20% earn between $44,000 and $63,951.
- The middle 20% earn between $63,951 and $73,927.
- The next 20% earn between $73,927 and $83,902.
- The highest 10% earn more than $113,829.
What are the highest paying cities for a Budget Analyst?
-
Tampa, FL
Average Salary: $108,226
In Tampa, financial experts thrive in a vibrant business environment. Companies like Raymond James and TECO Energy offer dynamic roles. The city's growing economy provides many opportunities for career growth.
Find Budget Analyst jobs in Tampa, FL
-
Washington, DC
Average Salary: $106,522
Washington, DC, is a hub for government and finance. Working here means collaborating with top-tier organizations like the World Bank and the U.S. Department of Defense. The city's rich history and professional network make it a great place to advance your career.
Find Budget Analyst jobs in Washington, DC
-
San Francisco, CA
Average Salary: $102,617
San Francisco offers a unique blend of tech and finance. Companies such as Salesforce and LinkedIn provide innovative environments. The city's progressive culture and diverse opportunities make it ideal for financial professionals.
Find Budget Analyst jobs in San Francisco, CA
-
Colorado Springs, CO
Average Salary: $96,718
Colorado Springs is known for its strong military presence and growing tech sector. Working here means collaborating with organizations like the U.S. Air Force Academy and Lockheed Martin. The city's outdoor lifestyle and community spirit enhance professional life.
Find Budget Analyst jobs in Colorado Springs, CO
-
Boulder, CO
Average Salary: $96,328
Boulder offers a perfect mix of natural beauty and professional opportunities. Companies like Google and Ball Corporation provide innovative work environments. The city's focus on sustainability and quality of life makes it a great place to work.
Find Budget Analyst jobs in Boulder, CO
-
Corpus Christi, TX
Average Salary: $95,271
Corpus Christi is a thriving coastal city with a strong economy. Working here means collaborating with companies like Nueces County and the Port of Corpus Christi. The city's laid-back atmosphere and friendly community make it a great place to build a career.
Find Budget Analyst jobs in Corpus Christi, TX
-
Sioux Falls, SD
Average Salary: $95,131
Sioux Falls is known for its strong economy and high quality of life. Companies like Sanford Health and Daktronics offer stable and rewarding careers. The city's friendly community and outdoor activities make it a great place to live and work.
Find Budget Analyst jobs in Sioux Falls, SD
-
Seattle, WA
Average Salary: $92,600
Seattle is a tech and finance powerhouse. Working here means collaborating with companies like Amazon and Microsoft. The city's vibrant culture and professional opportunities make it ideal for career growth.
Find Budget Analyst jobs in Seattle, WA
-
Los Angeles, CA
Average Salary: $92,584
Los Angeles offers a diverse and dynamic work environment. Companies like Northrop Grumman and The Walt Disney Company provide exciting opportunities. The city's entertainment industry and cultural richness enhance professional life.
Find Budget Analyst jobs in Los Angeles, CA
-
Sacramento, CA
Average Salary: $89,255
Sacramento is a growing city with a mix of government and finance sectors. Working here means collaborating with organizations like the State of California and Blue Shield of California. The city's affordable cost of living and community spirit make it a great place to work.
Find Budget Analyst jobs in Sacramento, CA
What are the best companies a Budget Analyst can work for?
-
Peraton
Average Salary: $138,182
Peraton offers rewarding Budget Analyst jobs. They operate in various locations, including the U.S. and internationally. Their roles focus on managing budgets for defense and government contracts.
-
Noblis
Average Salary: $136,536
Noblis provides excellent opportunities for Budget Analysts. They work with federal agencies and offer roles in multiple states. Their Budget Analysts ensure financial efficiency and compliance.
-
Heluna Health
Average Salary: $107,500
Heluna Health offers competitive salaries for Budget Analysts. They focus on public health and operate in California. Their roles involve managing budgets for health programs and services.
-
US Executive Office for U.S. Attorneys and the Office of the U.S. Attorneys
Average Salary: $101,090
This office provides Budget Analyst positions with a strong focus on justice. They operate nationwide. Their Budget Analysts work on ensuring financial resources are used effectively for legal services.
-
Office of the Chief Financial Officer (OCFO)
Average Salary: $100,833
OCFO offers Budget Analyst jobs with a focus on financial management. They operate in Washington, D.C. Their roles involve overseeing budgets for federal agencies.
-
US Department of the Air Force - Agency Wide
Average Salary: $99,698
The US Department of the Air Force offers Budget Analyst positions with a focus on defense. They operate across the U.S. Their roles involve managing budgets for military operations and projects.
-
United States Department of Justice
Average Salary: $99,436
The US Department of Justice offers Budget Analyst jobs focused on law enforcement. They operate nationwide. Their roles involve ensuring financial resources are used effectively for justice services.
-
Northrop Grumman
Average Salary: $95,078
Northrop Grumman offers Budget Analyst positions with a focus on aerospace and defense. They operate in various locations, including California and Virginia. Their roles involve managing budgets for defense projects.
-
U.S. Army
Average Salary: $88,863
The U.S. Army offers Budget Analyst jobs with a focus on military operations. They operate worldwide. Their roles involve managing budgets for military resources and projects.
-
State of Nevada
Average Salary: $88,418
The State of Nevada offers Budget Analyst positions with a focus on state services. They operate in Nevada. Their roles involve managing budgets for state programs and services.
How to earn more as a Budget Analyst?
A Budget Analyst can increase their earnings by focusing on several key areas. Gaining experience and expertise in specific industries can lead to higher-paying positions. For example, working in finance or healthcare often comes with higher salaries. Continuing education and obtaining certifications can also boost earning potential. Certifications like Certified Budget Professional (CBP) or Certified Government Financial Manager (CGFM) can make a candidate more attractive to employers.
Networking and building professional relationships can open doors to new opportunities. Attending industry conferences and joining professional organizations can help connect with potential employers. Staying updated on industry trends and advancements can also lead to better job offers. Effective communication skills and the ability to present budget information clearly can set a Budget Analyst apart. These skills can lead to promotions and higher salaries. Finally, seeking out roles in larger companies or government agencies can often result in higher pay due to the scale of operations and budgets involved.
Here are five key factors to consider for earning more as a Budget Analyst:
- Gain industry-specific experience
- Obtain relevant certifications
- Network and build professional relationships
- Stay updated on industry trends
- Seek roles in larger organizations
