Average Budget Analysts Salary in Austin-Round Rock-San Marcos, TX
Budget Analysts in the Austin-Round Rock-San Marcos, TX metropolitan area earn an average annual salary of $83,010. This figure is notably below the national average of $95,520, suggesting that while the demand for these financial professionals is present, the compensation may be influenced by regional economic factors or a different competitive landscape compared to other major hubs.
Executive Summary
- Average Salary: $83,010 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,780.
- Outlook: With a local workforce of 680 Budget Analysts and a Location Quotient of 1.76, the Austin-Round Rock-San Marcos area demonstrates a significant concentration of these roles, exceeding the national average. This elevated quotient indicates a robust demand and a specialized market for financial planning and analysis professionals within the region, suggesting a healthy job market for Budget Analysts.
Salary Overview
The average Budget Analysts in Austin-Round Rock-San Marcos, TX earns-13.1%below the national average.
$39.9
$1,596
$6,918
Budget Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Budget Analysts in a dynamic metropolitan area like Austin-Round Rock-San Marcos have experienced consistent growth over the past four years. This upward trend is typically driven by inflation, increasing demand for financial expertise, and the overall economic expansion of the region, leading to higher compensation packages.
Budget Analysts Salary Distribution in Austin-Round Rock-San Marcos, TX
The salary progression for Budget Analysts in Austin-Round Rock-San Marcos, TX, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior analysts with extensive experience and specialized skills can command salaries in the upper percentiles. These percentile gaps are a clear indicator of career progression and the increasing value placed on seasoned financial expertise within the local job market.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,990 | $29.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $62,258 | $29.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,580 | $38.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,763 | $49.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,780 | $51.8 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$83,010
Gross Pay
Real Wage (Purchasing Power)
$83,010
Adjusted for COL (100)
The nominal average salary of $83,010 in Austin-Round Rock-San Marcos, TX, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Budget Analyst's salary in this region is equivalent to the national average, indicating that while the salary is below the national average, the cost of living does not exacerbate this difference.
Job Market Context
680
Total Jobs
0.539
Per 1K Jobs
1.76
Location Quotient
Austin-Round Rock-San Marcos, TX has 1.8x the national concentration of Budget Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.76 for Budget Analysts in Austin-Round Rock-San Marcos, TX, signifies that the concentration of these professionals is 76% higher than the national average. This suggests a highly specialized and potentially competitive market where employers actively seek out talent with specific financial analysis skills, making it a significant hub for this profession.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Hill Country Region of Texas nonmetropolitan area Budget Analysts Salary | $77,180↓ 7% | 53 mi |
Comparing salaries near Austin-Round Rock-San Marcos, TX
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Austin-Round Rock-San Marcos, TX?
The median annual salary for a Budget Analysts in Austin-Round Rock-San Marcos, TX is $83,010. This typically ranges from $61,990 for entry-level positions to $107,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Austin-Round Rock-San Marcos, TX is 13.1% lower than the national median of $95,520.
Is Austin-Round Rock-San Marcos, TX a lucrative place for Budget Analysts?
No, not when compared to the national average salary.While the cost of living is average, the local salary for Budget Analysts is approximately 13% lower than the national average. However, the high concentration of these roles suggests strong local demand.
Is Austin-Round Rock-San Marcos, TX a good place to live for Budget Analysts?
The Cost of Living Index in Austin-Round Rock-San Marcos, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Austin-Round Rock-San Marcos, TX?
Some top paying nearby cities include Hill Country Region of Texas nonmetropolitan area ($77,180) and others.
How does the local workforce size affect Budget Analyst jobs in Austin?
The local workforce of 680 Budget Analysts indicates a substantial presence of these professionals, contributing to a specialized job market within the Austin-Round Rock-San Marcos area.
What does a Location Quotient of 1.76 mean for Budget Analysts in Austin?
A Location Quotient of 1.76 signifies that Budget Analysts are more concentrated in Austin-Round Rock-San Marcos than the national average, indicating a higher demand or a more specialized industry presence for this role.
How does Austin's Cost of Living compare to the national average for Budget Analysts?
Austin-Round Rock-San Marcos, TX, has a Cost of Living Index of 100, which is exactly the national average, meaning the purchasing power of a Budget Analyst's salary is on par with the national median.
Are there many job opportunities for Budget Analysts in Austin?
With 0.539 jobs per 1,000 workers and a high Location Quotient, the data suggests a healthy and potentially growing number of opportunities for Budget Analysts in the Austin-Round Rock-San Marcos area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Austin-Round Rock-San Marcos, TX area with a job density of 0.539 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in Austin-Round Rock-San Marcos, TX