Average Budget Analysts Salary in Denver-Aurora-Centennial, CO
Budget Analysts in the Denver-Aurora-Centennial, CO metropolitan area earn an impressive average annual salary of $100,230. This figure significantly surpasses the national average of $95,520, indicating a premium placed on financial analysis expertise within this specific region. The robust local economy and demand for skilled financial professionals likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $100,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,970.
- Outlook: With a local workforce of 870 Budget Analysts and a Location Quotient of 1.75, Denver-Aurora-Centennial demonstrates a notable concentration of these professionals compared to the national average. This suggests a healthy and potentially growing job market for Budget Analysts, with demand exceeding typical national levels.
Salary Overview
The average Budget Analysts in Denver-Aurora-Centennial, CO earns+4.9%above the national average.
$48.2
$1,928
$8,353
Budget Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Budget Analysts in Denver-Aurora-Centennial have experienced steady growth over the past four years, mirroring national trends of increasing compensation for finance professionals. This upward trajectory is often driven by inflation, evolving industry demands, and the increasing complexity of financial management.
Budget Analysts Salary Distribution in Denver-Aurora-Centennial, CO
Salary progression for Budget Analysts in Denver-Aurora-Centennial typically scales with experience. Entry-level positions may start in the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $71,130 | $34.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,173 | $36.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,870 | $47.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,288 | $60.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,970 | $64.4 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$100,230
Gross Pay
Real Wage (Purchasing Power)
$100,230
Adjusted for COL (100)
The average annual salary of $100,230 in Denver-Aurora-Centennial aligns perfectly with the national average Cost of Living Index of 100. This means that your nominal earnings will have purchasing power equivalent to the national average, offering a stable financial foundation without the immediate pressure of a significantly higher cost of living.
Job Market Context
870
Total Jobs
0.535
Per 1K Jobs
1.75
Location Quotient
Denver-Aurora-Centennial, CO 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.
A Location Quotient of 1.75 signifies that Budget Analysts are more than 75% more concentrated in Denver-Aurora-Centennial than the national average. This indicates a robust and specialized job market, suggesting that employers in this area actively seek and value Budget Analyst talent, potentially leading to more opportunities and competitive compensation.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO Budget Analysts Salary | $110,620↑ 10% | 27 mi |
| Greeley, CO Budget Analysts Salary | $97,100↓ 3% | 45 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Denver-Aurora-Centennial, CO?
The median annual salary for a Budget Analysts in Denver-Aurora-Centennial, CO is $100,230. This typically ranges from $71,130 for entry-level positions to $133,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 4.9% higher than the national median of $95,520.
Is Denver-Aurora-Centennial, CO a lucrative place for Budget Analysts?
Yes, Denver-Aurora-Centennial, CO is a lucrative location for Budget Analysts.The average salary of $100,230 is higher than the national average, and the strong concentration of these roles (LQ of 1.75) indicates high demand and competitive pay.
Is Denver-Aurora-Centennial, CO a good place to live for Budget Analysts?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($110,620) and Greeley, CO.
How does the Denver-Aurora-Centennial salary compare to the national average?
The average salary for Budget Analysts in Denver-Aurora-Centennial is $100,230, which is notably higher than the national average of $95,520.
What does a Location Quotient of 1.75 mean for Budget Analysts in Denver?
A Location Quotient of 1.75 means that Budget Analysts are 75% more concentrated in the Denver-Aurora-Centennial area than the national average, indicating a strong local job market for this profession.
Is the cost of living in Denver-Aurora-Centennial high for Budget Analysts?
The Cost of Living Index is 100, which is the national average. This means that the $100,230 salary offers purchasing power equivalent to the national average, without being significantly impacted by high living costs.
How many Budget Analysts work in the Denver-Aurora-Centennial area?
There are approximately 870 Budget Analysts employed within the Denver-Aurora-Centennial metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.535 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 Denver-Aurora-Centennial, CO