Average Budget Analysts Salary in San Francisco-Oakland-Fremont, CA
Budget Analysts in the San Francisco-Oakland-Fremont, CA area earn a substantial average annual salary of $123,260, significantly outpacing the national average of $95,520. This elevated compensation is driven by the region's high demand for financial expertise and the generally higher cost of doing business, which translates into more competitive salary packages for specialized roles.
Executive Summary
- Average Salary: $123,260 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,860.
- Outlook: With a local workforce of 510 Budget Analysts and a Location Quotient of 0.69, the San Francisco-Oakland-Fremont area indicates a moderately concentrated but stable job market for this profession. While not as densely populated with Budget Analysts as the national average, the existing workforce suggests consistent demand and opportunities for skilled professionals within this dynamic economic hub.
Salary Overview
The average Budget Analysts in San Francisco-Oakland-Fremont, CA earns+29.0%above the national average.
$59.3
$2,370
$10,272
Budget Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Budget Analyst salaries in San Francisco-Oakland-Fremont have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for financial oversight, and the region's robust economic activity likely contribute to upward salary adjustments for these critical financial roles.
Budget Analysts Salary Distribution in San Francisco-Oakland-Fremont, CA
The earning potential for Budget Analysts in San Francisco-Oakland-Fremont escalates significantly with experience. Entry-level positions typically start at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, often exceeding $150,000. These percentile gaps clearly signify the career progression and increased value placed on experienced analysts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,310 | $37.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $92,445 | $44.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $125,170 | $60.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $154,075 | $74.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $168,860 | $81.2 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$123,260
Gross Pay
Real Wage (Purchasing Power)
$123,260
Adjusted for COL (100)
The nominal average salary of $123,260 in San Francisco-Oakland-Fremont aligns precisely with the national average Cost of Living Index of 100. This means that while the absolute salary is high, the purchasing power of that salary is comparable to the national average, suggesting that the increased earnings are offset by the local cost of living.
Job Market Context
510
Total Jobs
0.212
Per 1K Jobs
0.69
Location Quotient
San Francisco-Oakland-Fremont, CA has 0.69x 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.
A Location Quotient of 0.69 indicates that Budget Analysts are less concentrated in the San Francisco-Oakland-Fremont area compared to the national average. This suggests that while there is a presence of these professionals, the market is not saturated, potentially offering good opportunities for those entering the field or seeking to transition into it.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Vallejo, CA Budget Analysts Salary | $102,890↓ 17% | 27 mi |
| San Jose-Sunnyvale-Santa Clara, CA Budget Analysts Salary | $139,460↑ 13% | 42 mi |
Comparing salaries near San Francisco-Oakland-Fremont, CA
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in San Francisco-Oakland-Fremont, CA?
The median annual salary for a Budget Analysts in San Francisco-Oakland-Fremont, CA is $123,260. This typically ranges from $77,310 for entry-level positions to $168,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in San Francisco-Oakland-Fremont, CA is 29.0% higher than the national median of $95,520.
Is San Francisco-Oakland-Fremont, CA a lucrative place for Budget Analysts?
Yes, with a caveat.The average salary of $123,260 is significantly higher than the national average, indicating lucrative nominal earnings. However, the Cost of Living Index being at the national average means this higher salary is needed to maintain a comparable standard of living.
Is San Francisco-Oakland-Fremont, CA a good place to live for Budget Analysts?
The Cost of Living Index in San Francisco-Oakland-Fremont, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near San Francisco-Oakland-Fremont, CA?
Some top paying nearby cities include Vallejo, CA ($102,890) and San Jose-Sunnyvale-Santa Clara, CA.
How does the number of Budget Analysts in San Francisco compare to the national average?
With 510 Budget Analysts locally and a Location Quotient of 0.69, the concentration of these professionals is lower than the national average, suggesting a less saturated market relative to the overall workforce.
What is the job outlook for Budget Analysts in this region?
The job outlook appears stable, with a consistent local workforce and a Location Quotient below 1.0 suggesting steady demand without oversupply, making it a viable market for skilled analysts.
Does experience significantly impact a Budget Analyst's salary in San Francisco?
Absolutely. As analysts gain experience, their salaries increase substantially, moving from entry-level compensation to higher percentiles that reflect advanced skills and responsibilities.
How does the Cost of Living affect the real value of a Budget Analyst's salary in San Francisco?
With a Cost of Living Index of 100, the high nominal salary of $123,260 has a purchasing power equivalent to the national average, meaning the increased earnings are largely consumed by local expenses.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the San Francisco-Oakland-Fremont, CA area with a job density of 0.212 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 San Francisco-Oakland-Fremont, CA