Average Budget Analysts Salary in Jacksonville, FL
Budget Analysts in Jacksonville, FL, earn an average annual salary of $79,930. This figure is notably below the national average of $95,520, suggesting that local market dynamics and potentially a lower cost of living influence compensation. While the nominal salary is lower, understanding the full picture requires examining other economic indicators.
Executive Summary
- Average Salary: $79,930 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $114,830.
- Outlook: Jacksonville's market for Budget Analysts appears stable, with a total local workforce of 230 professionals. The Location Quotient of 1.01 indicates a concentration of these roles that is very close to the national average, suggesting a balanced demand and supply. This steady presence implies consistent opportunities for skilled Budget Analysts within the region.
Salary Overview
The average Budget Analysts in Jacksonville, FL earns-16.3%below the national average.
$38.4
$1,537
$6,661
Budget Analysts Salary Trends (2020-2024)
While specific historical data for Jacksonville's Budget Analyst salaries isn't provided, it's reasonable to assume a general upward trend mirroring national patterns over the past four years. Economic growth and evolving financial management needs typically drive salary increases for analytical roles, even in markets with a cost of living at the national average.
Budget Analysts Salary Distribution in Jacksonville, FL
The career trajectory for Budget Analysts in Jacksonville, as elsewhere, typically involves significant salary growth with experience. Entry-level positions will naturally command lower salaries, while senior analysts with extensive experience and specialized skills can expect to earn considerably more, potentially reaching the higher percentiles of the salary range. These percentile gaps are crucial indicators of career progression and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,130 | $24.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,948 | $28.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,960 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,913 | $48 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $114,830 | $55.2 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$79,930
Gross Pay
Real Wage (Purchasing Power)
$79,930
Adjusted for COL (100)
With an average salary of $79,930 and a Cost of Living Index of 100 (matching the national average), the purchasing power of a Budget Analyst's salary in Jacksonville is directly comparable to the national standard. This means that while the nominal salary is lower than the national average, the cost of essential goods and services does not offset this difference, making the effective take-home value consistent with national benchmarks.
Job Market Context
230
Total Jobs
0.308
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Jacksonville, FL has a slightly higher-than-average concentration of Budget Analysts roles compared to the national norm.
The Location Quotient of 1.01 for Budget Analysts in Jacksonville signifies a job market that is almost perfectly aligned with the national average in terms of concentration. This suggests that the demand for Budget Analysts is neither exceptionally high nor particularly low relative to other professions in the city. Consequently, the market is likely competitive but stable, offering a predictable environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Gainesville, FL Budget Analysts Salary | $77,300↓ 3% | 60 mi |
| Ocala, FL Budget Analysts Salary | $84,130↑ 5% | 85 mi |
Comparing salaries near Jacksonville, FL
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Jacksonville, FL?
The median annual salary for a Budget Analysts in Jacksonville, FL is $79,930. This typically ranges from $51,130 for entry-level positions to $114,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Jacksonville, FL is 16.3% lower than the national median of $95,520.
Is Jacksonville, FL a lucrative place for Budget Analysts?
No, not exceptionally lucrative compared to the national average.While Jacksonville offers a stable job market for Budget Analysts, the average salary of $79,930 is below the national average of $95,520. However, the cost of living being at the national average means the purchasing power is comparable, though not superior.
Is Jacksonville, FL a good place to live for Budget Analysts?
The Cost of Living Index in Jacksonville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Jacksonville, FL?
Some top paying nearby cities include Gainesville, FL ($77,300) and Ocala, FL.
How does Jacksonville's Budget Analyst salary compare to the national average?
The average annual salary for Budget Analysts in Jacksonville, FL, is $79,930, which is lower than the national average of $95,520.
What is the Cost of Living in Jacksonville, FL?
Jacksonville's Cost of Living Index is 100, which is exactly the national average, meaning it is neither significantly cheaper nor more expensive to live there than the typical U.S. city.
How concentrated is the Budget Analyst job market in Jacksonville?
The job market is very close to the national average concentration, with a Location Quotient of 1.01, indicating a balanced supply and demand for Budget Analysts.
What is the total number of Budget Analysts in Jacksonville?
There are approximately 230 Budget Analysts working in Jacksonville, FL, representing a modest but stable workforce in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Jacksonville, FL area with a job density of 0.308 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 Jacksonville, FL
- All Occupations Salary in Jacksonville, FL
- Office and Administrative Support Occupations Salary in Jacksonville, FL
- Transportation and Material Moving Occupations Salary in Jacksonville, FL
- Sales and Related Occupations Salary in Jacksonville, FL
- Food Preparation and Serving Related Occupations Salary in Jacksonville, FL
- Business and Financial Operations Occupations Salary in Jacksonville, FL
- Healthcare Practitioners and Technical Occupations Salary in Jacksonville, FL
- Management Occupations Salary in Jacksonville, FL
- Construction and Extraction Occupations Salary in Jacksonville, FL
- Educational Instruction and Library Occupations Salary in Jacksonville, FL
- Browse All Jobs in Jacksonville, FL →
Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in Jacksonville, FL