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Average Budget Analysts Salary in Charlottesville, VA

The average salary for a Budget Analysts in Charlottesville, VA is $90,660. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Charlottesville, VA is a key hub for this profession, with a job concentration 1.38x higher than average.

Executive Summary

  • Average Salary: $90,660 per year.
  • Growth Trend: Salaries have shifted 3.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $120,640.
  • Outlook: The current demand for Budget Analystss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Charlottesville, VA economy.
2024 Market Data

Salary Overview

$90,660

The average Budget Analysts in Charlottesville, VA earns-5.1%below the national average.

BreakdownBased on 40h/week
Hourly

$43.6

Weekly

$1,743

Monthly

$7,555

Budget Analysts Salary Distribution in Charlottesville, VA

The earning potential for Budget Analystss in Charlottesville, VA varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $63,470, while highly experienced professionals can command wages upwards of $120,640.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,470$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,995$32.7
ManagerOversees team, compliance, and project delivery.50% (Median)$83,920$40.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$113,325$54.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$120,640$58

Detailed Budget Analysts Market Analysis

Relocation Context

Nominal Salary

$90,660

Gross Pay

Real Wage (Purchasing Power)

$90,660

Adjusted for COL (100)

In Charlottesville, VA, the Cost of Living Index is 100. This increases your effective purchasing power from $90,660 to $90,660.

Job Market Context

50

Total Jobs

0.422

Per 1K Jobs

1.38

Location Quotient

Above Average

With a location quotient of 1.38, Charlottesville, VA has a slightly higher-than-average concentration of Budget Analysts roles compared to the national norm.

50 people work as Budget Analysts in Charlottesville, VA.

Only 0.422 out of every 1,000 local jobs are Budget Analysts roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Budget Analystss?

Frequently Asked Questions

How much does a Budget Analysts make in Charlottesville, VA?

The median annual salary for a Budget Analysts in Charlottesville, VA is $90,660. This typically ranges from $63,470 for entry-level positions to $120,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Charlottesville, VA is 5.1% lower than the national median of $95,520.

Is Charlottesville, VA a good place for Budget Analystss?

Yes, Charlottesville, VA is highly recommended due to strong job demand. While salaries are competitive ($90,660), the area is particularly notable for its high job density for Budget Analystss. See distinct detailed breakdown below.

Is Charlottesville, VA a good place to live for Budget Analysts?

The Cost of Living Index in Charlottesville, VA is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Charlottesville, VA area with a job density of 0.422 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.