Average Budget Analysts Salary in Eastern New Mexico nonmetropolitan area
The average salary for Budget Analystss in Eastern New Mexico nonmetropolitan area is $75,800. While this is lower than the national average, the cost of living in Eastern New Mexico nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $75,800 per year.
- Growth Trend: Salaries have shifted 21.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $99,940.
- Outlook: The current demand for Budget Analystss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Eastern New Mexico nonmetropolitan area economy.
Salary Overview
The average Budget Analysts in Eastern New Mexico nonmetropolitan area earns-20.6%below the national average.
$36.4
$1,458
$6,317
Budget Analysts Salary Trends (2020-2024)
Over the past 4 years, Budget Analysts salaries in Eastern New Mexico nonmetropolitan area have experienced a rapid surge, growing by 21.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Budget Analysts Salary Distribution in Eastern New Mexico nonmetropolitan area
The earning potential for Budget Analystss in Eastern New Mexico nonmetropolitan area 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 $59,950, while highly experienced professionals can command wages upwards of $99,940.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,950 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $56,850 | $27.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,550 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $94,750 | $45.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $99,940 | $48 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$75,800
Gross Pay
Real Wage (Purchasing Power)
$75,800
Adjusted for COL (100)
In Eastern New Mexico nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $75,800 to $75,800.
Job Market Context
60
Total Jobs
0.36
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Eastern New Mexico nonmetropolitan area has a slightly higher-than-average concentration of Budget Analysts roles compared to the national norm.
60 people work as Budget Analysts in Eastern New Mexico nonmetropolitan area.
Only 0.36 out of every 1,000 local jobs are Budget Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Budget Analysts Salary | $94,460↑ 25% | 29 mi |
| Santa Fe, NM Budget Analysts Salary | $72,290↓ 5% | 59 mi |
Comparing salaries near Eastern New Mexico nonmetropolitan area
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Eastern New Mexico nonmetropolitan area?
The median annual salary for a Budget Analysts in Eastern New Mexico nonmetropolitan area is $75,800. This typically ranges from $59,950 for entry-level positions to $99,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern New Mexico nonmetropolitan area is 20.6% lower than the national median of $95,520.
Is Eastern New Mexico nonmetropolitan area a good place for Budget Analystss?
It depends on your priorities. While the average Budget Analysts salary in Eastern New Mexico nonmetropolitan area is $75,800 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Eastern New Mexico nonmetropolitan area. See distinct detailed breakdown below.
Is Eastern New Mexico nonmetropolitan area a good place to live for Budget Analysts?
The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($94,460) and Santa Fe, NM.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 0.36 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Budget Analysts Salaries by State
Top Jobs in Eastern New Mexico nonmetropolitan area
- All Occupations Salary in Eastern New Mexico nonmetropolitan area
- Office and Administrative Support Occupations Salary in Eastern New Mexico nonmetropolitan area
- Construction and Extraction Occupations Salary in Eastern New Mexico nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Eastern New Mexico nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Eastern New Mexico nonmetropolitan area
- Sales and Related Occupations Salary in Eastern New Mexico nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Eastern New Mexico nonmetropolitan area
- Healthcare Support Occupations Salary in Eastern New Mexico nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Eastern New Mexico nonmetropolitan area
- Management Occupations Salary in Eastern New Mexico nonmetropolitan area
- Browse All Jobs in Eastern New Mexico nonmetropolitan area →
Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in Eastern New Mexico nonmetropolitan area