Average Budget Analysts Salary in U.S.
Budget Analysts in U.S. earn an average annual salary of $95,520, precisely matching the national average. This alignment suggests that compensation in U.S. is calibrated to reflect broader economic trends and the typical value placed on this critical financial role across the country. Factors such as the local economic landscape and demand for financial expertise likely contribute to this equilibrium.
Executive Summary
- Average Salary: $95,520 per year.
- Growth Trend: Salaries have shifted 6.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $138,530.
- Outlook: With a substantial local workforce of 18,440 Budget Analysts, the U.S. market demonstrates a significant presence in this field. While a specific Location Quotient is not provided, the sheer volume of professionals indicates a robust and active job market. This large workforce suggests a consistent demand for skilled Budget Analysts to manage financial planning and analysis within the region's diverse industries.
Salary Overview
The average Budget Analysts in U.S. earns-0.0%below the national average.
$45.9
$1,837
$7,960
Budget Analysts Salary Trends (2020-2024)
While specific historical data for the U.S. is not detailed here, it is reasonable to assume that salaries for Budget Analysts nationwide have experienced steady growth over the past four years. This trend is generally driven by inflation, increasing demand for financial acumen, and the evolving complexity of corporate budgeting and forecasting processes.
Budget Analysts Salary Distribution in U.S.
The career trajectory for Budget Analysts typically involves significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience in financial modeling, strategic planning, and cross-departmental collaboration can command salaries in the upper percentiles, reflecting their enhanced value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,430 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,640 | $34.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,290 | $42.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,400 | $57.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $138,530 | $66.6 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$95,520
Gross Pay
Real Wage (Purchasing Power)
$95,520
Adjusted for COL (100)
The average annual salary of $95,520 in U.S. aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Budget Analyst's salary in U.S. is equivalent to the national average, offering a balanced lifestyle without significant financial strain or advantage compared to the rest of the country.
Job Market Context
18,440
Total Jobs
N/A
Per 1K Jobs
N/A
Location Quotient
The absence of a specific Location Quotient (LQ) for Budget Analysts in U.S. makes it challenging to definitively assess market concentration. However, the presence of 18,440 professionals suggests a substantial talent pool, indicating a competitive yet potentially stable job market where demand likely keeps pace with the supply of qualified individuals.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Tulsa, OK Budget Analysts Salary | $87,870↓ 8% | 67 mi |
| Wichita, KS Budget Analysts Salary | $77,480↓ 19% | 99 mi |
Comparing salaries near U.S.
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Frequently Asked Questions
How much does a Budget Analysts make in U.S.?
The median annual salary for a Budget Analysts in U.S. is $95,520. This typically ranges from $59,430 for entry-level positions to $138,530 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in U.S. is 0.0% lower than the national median of $95,520.
Is U.S. a lucrative place for Budget Analysts?
Yes, it offers competitive compensation.The average salary of $95,520 matches the national average, indicating strong earning potential. Combined with a cost of living index of 100, this salary provides average purchasing power, making it a stable financial environment for Budget Analysts.
Is U.S. a good place to live for Budget Analysts?
The Cost of Living Index in U.S. is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near U.S.?
Some top paying nearby cities include Tulsa, OK ($87,870) and Wichita, KS.
What is the typical salary range for Budget Analysts in U.S.?
While the average is $95,520, the actual range can vary significantly based on experience, industry, and specific company. Entry-level roles might be lower, while senior positions can exceed this average considerably.
How does experience affect a Budget Analyst's salary in U.S.?
Experience is a primary driver of salary growth. Junior analysts typically earn less, while those with 5-10+ years of experience, specialized skills, and a proven track record in financial strategy can command significantly higher salaries.
What industries employ the most Budget Analysts in U.S.?
Budget Analysts are crucial across various sectors, including government, healthcare, technology, finance, and manufacturing. The specific industries dominant in the U.S. region would influence the concentration of these roles.
What are the key skills for a Budget Analyst in U.S.?
Essential skills include strong analytical abilities, proficiency in financial modeling software (like Excel, SAP, Oracle), understanding of accounting principles, excellent communication, and strategic planning capabilities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 18,440 employees in the U.S. area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Budget Analysts Salaries by State
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Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in U.S.