SalaryNode

Average Budget Analysts Salary in Texas

Budget Analysts in Texas earn an average annual salary of $83,880, which is below the national average of $95,520. This difference is often influenced by a variety of factors, including the specific economic landscape, industry demands, and the overall cost of doing business within the state, which can shape compensation benchmarks.

Executive Summary

  • Average Salary: $83,880 per year.
  • Growth Trend: Salaries have shifted 5.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $120,640.
  • Outlook: With a local workforce of 3,840 Budget Analysts, Texas presents a substantial, though not overwhelmingly concentrated, market for these professionals. The Location Quotient of 0.91 suggests that the concentration of Budget Analysts in Texas is nearly on par with the national average, indicating a stable and consistent demand for their financial planning and analysis skills across various sectors within the state.
2024 Market Data

Salary Overview

$83,880

The average Budget Analysts in Texas earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$40.3

Weekly

$1,613

Monthly

$6,990

Budget Analysts Salary Distribution in Texas

The career trajectory for Budget Analysts in Texas typically involves significant salary growth with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting a clear progression and increased value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,400$25.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,910$30.2
ManagerOversees team, compliance, and project delivery.50% (Median)$79,450$38.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,850$50.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$120,640$58

Detailed Budget Analysts Market Analysis

Relocation Context

Nominal Salary

$83,880

Gross Pay

Real Wage (Purchasing Power)

$90,194

Adjusted for COL (93)

The nominal average salary of $83,880 in Texas is quite favorable when considering the local Cost of Living Index of 93. This index indicates that the cost of living in Texas is 7% lower than the national average, meaning that the purchasing power of an $83,880 salary is effectively higher than the national average salary in a higher cost-of-living area.

Job Market Context

3,840

Total Jobs

0.277

Per 1K Jobs

0.91

Location Quotient

Below Average

Texas has 0.91x 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 0.91 signifies that Budget Analyst roles are present in Texas at a rate very close to the national average. This suggests a balanced job market where opportunities exist, but the field is not exceptionally saturated, offering a competitive yet accessible environment for both new entrants and experienced professionals.

Nearby Job Markets

Nearby Cities for Budget Analysts

CitySalaryDist.
Killeen-Temple, TX Budget Analysts Salary$86,180↑ 3%10 mi
Waco, TX Budget Analysts Salary$60,110↓ 28%41 mi
Austin-Round Rock-San Marcos, TX Budget Analysts Salary$83,010↓ 1%53 mi

Comparing salaries near Texas

Hiring Budget Analystss?

Frequently Asked Questions

How much does a Budget Analysts make in Texas?

The median annual salary for a Budget Analysts in Texas is $83,880. This typically ranges from $53,400 for entry-level positions to $120,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Texas is 12.2% lower than the national median of $95,520.

Is Texas a lucrative place for Budget Analysts?

Yes, with caveats.While the average salary of $83,880 is below the national average, the lower cost of living in Texas makes this salary highly competitive in terms of purchasing power.

Is Texas a good place to live for Budget Analysts?

With a Cost of Living Index of 93 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Texas?

Some top paying nearby cities include Killeen-Temple, TX ($86,180) and Waco, TX.

How does the Texas Budget Analyst salary compare to the national average?

The average annual salary for Budget Analysts in Texas is $83,880, which is approximately $11,640 less than the national average of $95,520.

What is the concentration of Budget Analysts in Texas?

Texas has a Location Quotient of 0.91 for Budget Analysts, indicating a concentration that is slightly below the national average, suggesting a stable but not overly dense job market.

How does the cost of living affect the Texas Budget Analyst salary?

With a Cost of Living Index of 93, Texas is more affordable than the national average. This means the $83,880 salary offers a strong purchasing power for residents.

What is the total number of Budget Analysts in Texas?

There are approximately 3,840 Budget Analysts employed in Texas, representing a significant segment of the financial analysis workforce within the state.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,840 employees in the Texas area with a job density of 0.277 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in Texas