Average Budget Analysts Salary in Orlando-Kissimmee-Sanford, FL
In Orlando-Kissimmee-Sanford, FL, Budget Analysts earn an average annual salary of $79,500. This figure is notably below the national average of $95,520, suggesting that local market dynamics, such as industry demand and the specific economic landscape of Central Florida, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $79,500 per year.
- Growth Trend: Salaries have shifted 5.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $119,930.
- Outlook: The Orlando-Kissimmee-Sanford area supports a dedicated workforce of 440 Budget Analysts. With a Location Quotient of 1.02, the concentration of these professionals is slightly above the national average, indicating a stable, albeit not rapidly expanding, demand for their specialized skills within the region.
Salary Overview
The average Budget Analysts in Orlando-Kissimmee-Sanford, FL earns-16.8%below the national average.
$38.2
$1,529
$6,625
Budget Analysts Salary Trends (2020-2024)
While specific historical data for Orlando is not provided, it is reasonable to assume that salaries for Budget Analysts in the Orlando-Kissimmee-Sanford area have seen consistent growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for financial oversight, and the evolving complexity of business operations.
Budget Analysts Salary Distribution in Orlando-Kissimmee-Sanford, FL
Career progression for Budget Analysts in Orlando-Kissimmee-Sanford is typically marked by increasing salary benchmarks. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized expertise can command salaries in the higher percentiles, reflecting a significant salary gap that signifies substantial career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,520 | $21.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $59,625 | $28.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,620 | $36.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $99,375 | $47.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $119,930 | $57.7 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$79,500
Gross Pay
Real Wage (Purchasing Power)
$79,500
Adjusted for COL (100)
The average annual salary of $79,500 for Budget Analysts in Orlando-Kissimmee-Sanford aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the nominal salary offers purchasing power equivalent to the national average, providing a stable financial foundation for residents.
Job Market Context
440
Total Jobs
0.313
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Orlando-Kissimmee-Sanford, FL has a slightly higher-than-average concentration of Budget Analysts roles compared to the national norm.
With a Location Quotient of 1.02, the Orlando-Kissimmee-Sanford market exhibits a concentration of Budget Analysts that is just slightly higher than the national average. This suggests a healthy and competitive job market where demand is consistent with the supply of qualified professionals, offering moderate opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Deltona-Daytona Beach-Ormond Beach, FL Budget Analysts Salary | $84,230↑ 6% | 27 mi |
| Lakeland-Winter Haven, FL Budget Analysts Salary | $76,170↓ 4% | 48 mi |
Comparing salaries near Orlando-Kissimmee-Sanford, FL
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Orlando-Kissimmee-Sanford, FL?
The median annual salary for a Budget Analysts in Orlando-Kissimmee-Sanford, FL is $79,500. This typically ranges from $45,520 for entry-level positions to $119,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Orlando-Kissimmee-Sanford, FL is 16.8% lower than the national median of $95,520.
Is Orlando-Kissimmee-Sanford, FL a lucrative place for Budget Analysts?
No, not exceptionally lucrative compared to the national average.While the average salary of $79,500 is substantial, it falls below the national average of $95,520. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Orlando-Kissimmee-Sanford, FL a good place to live for Budget Analysts?
The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?
Some top paying nearby cities include Deltona-Daytona Beach-Ormond Beach, FL ($84,230) and Lakeland-Winter Haven, FL.
How does Orlando's Budget Analyst salary compare to the national average?
The average annual salary for Budget Analysts in Orlando-Kissimmee-Sanford is $79,500, which is lower than the national average of $95,520.
What is the concentration of Budget Analysts in Orlando-Kissimmee-Sanford?
The concentration, measured by the Location Quotient, is 1.02, indicating a slightly higher presence of Budget Analysts in this area compared to the national average.
Does the cost of living affect the Orlando Budget Analyst salary?
The cost of living in Orlando-Kissimmee-Sanford is 100, which is the national average. Therefore, the $79,500 salary has purchasing power equivalent to the national average.
How many Budget Analysts work in the Orlando-Kissimmee-Sanford area?
There are approximately 440 Budget Analysts employed within the Orlando-Kissimmee-Sanford metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 0.313 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 Orlando-Kissimmee-Sanford, FL