Average Budget Analysts Salary in Lexington Park, MD
The average salary for a Budget Analysts in Lexington Park, MD is $104,140. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Lexington Park, MD is a key hub for this profession, with a job concentration 3.36x higher than average.
Executive Summary
- Average Salary: $104,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,140.
- Outlook: The current demand for Budget Analystss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Lexington Park, MD economy.
Salary Overview
The average Budget Analysts in Lexington Park, MD earns+9.0%above the national average.
$50.1
$2,003
$8,678
Budget Analysts Salary Trends (2020-2024)
Historical trend data for Budget Analysts in Lexington Park, MD is limited, but current market signals indicate a stable demand environment.
Budget Analysts Salary Distribution in Lexington Park, MD
The earning potential for Budget Analystss in Lexington Park, MD 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 $73,550, while highly experienced professionals can command wages upwards of $151,140.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $73,550 | $35.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,105 | $37.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,530 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,175 | $62.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $151,140 | $72.7 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$104,140
Gross Pay
Real Wage (Purchasing Power)
$104,140
Adjusted for COL (100)
In Lexington Park, MD, the Cost of Living Index is 100. This increases your effective purchasing power from $104,140 to $104,140.
Job Market Context
70
Total Jobs
1.027
Per 1K Jobs
3.36
Location Quotient
Lexington Park, MD has 3.4x 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.
70 people work as Budget Analysts in Lexington Park, MD.
1.027 out of every 1,000 local jobs are Budget Analysts positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Budget Analysts Salary | $119,610↑ 15% | 55 mi |
| Baltimore-Columbia-Towson, MD Budget Analysts Salary | $97,770↓ 6% | 72 mi |
| Richmond, VA Budget Analysts Salary | $91,940↓ 12% | 75 mi |
Comparing salaries near Lexington Park, MD
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Lexington Park, MD?
The median annual salary for a Budget Analysts in Lexington Park, MD is $104,140. This typically ranges from $73,550 for entry-level positions to $151,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington Park, MD is 9.0% higher than the national median of $95,520.
Is Lexington Park, MD a good place for Budget Analystss?
Yes, Lexington Park, MD is an excellent location for Budget Analystss. It offers both higher-than-average salaries ($104,140) and a high concentration of job opportunities. See distinct detailed breakdown below.
Is Lexington Park, MD a good place to live for Budget Analysts?
The Cost of Living Index in Lexington Park, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington Park, MD?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($119,610) and Baltimore-Columbia-Towson, MD.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Lexington Park, MD area with a job density of 1.027 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 Lexington Park, MD