Average Budget Analysts Salary in Northern New Mexico nonmetropolitan area
Yes, Northern New Mexico nonmetropolitan area is a highly lucrative market for Budget Analystss. With an average annual salary of $113,970, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $113,970 per year.
- Growth Trend: Salaries have shifted 31.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,950.
- Outlook: This role remains a specialized component of the broader Northern New Mexico nonmetropolitan area economy.
Salary Overview
The average Budget Analysts in Northern New Mexico nonmetropolitan area earns+19.3%above the national average.
$54.8
$2,192
$9,498
Budget Analysts Salary Trends (2020-2024)
Over the past 4 years, Budget Analysts salaries in Northern New Mexico nonmetropolitan area have experienced a rapid surge, growing by 31.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Budget Analysts Salary Distribution in Northern New Mexico nonmetropolitan area
The earning potential for Budget Analystss in Northern 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 $100,830, while highly experienced professionals can command wages upwards of $133,950.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $100,830 | $48.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,478 | $41.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $105,760 | $50.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $142,463 | $68.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,950 | $64.4 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$113,970
Gross Pay
Real Wage (Purchasing Power)
$113,970
Adjusted for COL (100)
In Northern New Mexico nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $113,970 to $113,970.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Budget Analysts Salary | $94,460↓ 17% | 29 mi |
| Santa Fe, NM Budget Analysts Salary | $72,290↓ 37% | 59 mi |
Comparing salaries near Northern New Mexico nonmetropolitan area
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Northern New Mexico nonmetropolitan area?
The median annual salary for a Budget Analysts in Northern New Mexico nonmetropolitan area is $113,970. This typically ranges from $100,830 for entry-level positions to $133,950 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northern New Mexico nonmetropolitan area is 19.3% higher than the national median of $95,520.
Is Northern New Mexico nonmetropolitan area a good place for Budget Analystss?
Yes, Northern New Mexico nonmetropolitan area is financially attractive for Budget Analystss. The average salary of $113,970 exceeds the national average. See distinct detailed breakdown below.
Is Northern New Mexico nonmetropolitan area a good place to live for Budget Analysts?
The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northern 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 employees in the Northern New Mexico nonmetropolitan area area with a job density of 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 Northern New Mexico nonmetropolitan area