Budget Analyst Salary (2025)
Budget analysts help organizations plan and allocate budgets.
The median Budget Analyst salary is $82,000 per year ($39/hour). Entry-level Budget Analysts earn around $54,000 while experienced Budget Analysts earn $120,000 or more annually.
Salary variation for Budget Analysts is driven by experience, specialization, and geographic location. Specializations in financial forecasting or cost analysis typically command higher salaries, with median figures reaching $95,000. Regions like San Francisco and New York City offer the highest pay, often exceeding $100,000 due to the high cost of living and demand for skilled analysts.
AI-generated insight based on BLS data · For reference only
Salary Range
Median: $82,000 — positioned between entry and senior
Top Paying States for Budget Analysts
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $116,000 | +41% |
| California | $113,000 | +38% |
| New York | $105,000 | +28% |
| Alaska | $103,000 | +26% |
| Massachusetts | $103,000 | +26% |
| New Jersey | $98,000 | +20% |
| Connecticut | $97,000 | +18% |
| Washington | $94,000 | +15% |
Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.
How to Become a Budget Analyst
Most Budget Analyst positions require: Bachelor's in Finance or Accounting. Salaries typically increase significantly with experience and specialization.
Budget Analyst Salary by State
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Frequently Asked Questions
What is the average Budget Analyst salary?
The median Budget Analyst salary is $82,000 per year, which works out to approximately $39/hour based on a 40-hour work week.
How much does an entry-level Budget Analyst make?
Entry-level Budget Analysts typically earn around $54,000 per year. Salaries grow significantly with experience and specialization.
What is a senior Budget Analyst's salary?
Experienced Budget Analysts can earn up to $120,000 or more annually depending on location, employer, and specialization.
What education is required to become a Budget Analyst?
Most Budget Analyst positions require: Bachelor's in Finance or Accounting.