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Business

Budget Analyst Salary (2025)

Budget analysts help organizations plan and allocate budgets.

Last updated: April 2025 ยท Source: BLS

The median Budget Analyst salary is $82,000 per year ($39/hour). Entry-level Budget Analysts earn around $54,000 while experienced Budget Analysts earn $120,000 or more annually.

$82,000
Median Annual
$39/hr
Hourly Rate
$54,000
Entry Level
$120,000
Senior Level

Salary Range

$54,000
$120,000

Median: $82,000 โ€” positioned between entry and senior

Top Paying States for Budget Analysts

StateEst. Annual Salaryvs. National
Hawaii$116,000+41%
California$113,000+38%
New York$105,000+28%
Alaska$103,000+26%
Massachusetts$103,000+26%
New Jersey$98,000+20%
Connecticut$97,000+18%
Washington$94,000+15%

Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.

How to Become a Budget Analyst

Most Budget Analyst positions require: Bachelor's in Finance or Accounting. Salaries typically increase significantly with experience and specialization.

Frequently Asked Questions

What is the average Budget Analyst salary?

The median Budget Analyst salary is $82,000 per year, which works out to approximately $39/hour based on a 40-hour work week.

How much does an entry-level Budget Analyst make?

Entry-level Budget Analysts typically earn around $54,000 per year. Salaries grow significantly with experience and specialization.

What is a senior Budget Analyst's salary?

Experienced Budget Analysts can earn up to $120,000 or more annually depending on location, employer, and specialization.

What education is required to become a Budget Analyst?

Most Budget Analyst positions require: Bachelor's in Finance or Accounting.

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