Average Budget Analysts Salary in New Haven, CT
The average salary for a Budget Analysts in New Haven, CT is $99,270. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $99,270 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $126,120.
- 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 New Haven, CT economy.
Salary Overview
The average Budget Analysts in New Haven, CT earns+3.9%above the national average.
$47.7
$1,909
$8,273
Budget Analysts Salary Trends (2020-2024)
Over the past 4 years, Budget Analysts salaries in New Haven, CT have experienced a rapid surge, growing by 20.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Budget Analysts Salary Distribution in New Haven, CT
The earning potential for Budget Analystss in New Haven, CT 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 $72,680, while highly experienced professionals can command wages upwards of $126,120.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $72,680 | $34.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $74,453 | $35.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $100,570 | $48.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $124,088 | $59.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $126,120 | $60.6 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$99,270
Gross Pay
Real Wage (Purchasing Power)
$99,270
Adjusted for COL (100)
In New Haven, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $99,270 to $99,270.
Job Market Context
60
Total Jobs
0.207
Per 1K Jobs
0.68
Location Quotient
New Haven, CT has 0.68x the national average concentration of Budget Analysts jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
60 people work as Budget Analysts in New Haven, CT.
Only 0.207 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. |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT Budget Analysts Salary | $102,980↑ 4% | 16 mi |
| Hartford-West Hartford-East Hartford, CT Budget Analysts Salary | $97,090↓ 2% | 34 mi |
Comparing salaries near New Haven, CT
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in New Haven, CT?
The median annual salary for a Budget Analysts in New Haven, CT is $99,270. This typically ranges from $72,680 for entry-level positions to $126,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 3.9% higher than the national median of $95,520.
Is New Haven, CT a good place for Budget Analystss?
Yes, New Haven, CT is financially attractive for Budget Analystss. The average salary of $99,270 exceeds the national average. See distinct detailed breakdown below.
Is New Haven, CT a good place to live for Budget Analysts?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($102,980) and Hartford-West Hartford-East Hartford, CT.
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 New Haven, CT area with a job density of 0.207 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 New Haven, CT