Salary for Budget Analysts

Also known as:  Budget Analyst, Budget Coordinator, Budget Examiner, Budget Officer, Cost Analyst

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Budget analysts examine organizational budgets to determine their appropriateness, accuracy, completeness, and compliance with legal and internal regulations. They may submit recommendations regarding the allocation of funds and the disapproval or approval of funding requests. These professionals are required to stay informed of changes in industry or supplier market trends and to adjust budgets and budget estimates accordingly. They may also confer with management regarding program changes, and run cost-benefit analyses as needed. Professionals in this field generally have at least a Bachelor's degree, although many may have their Master's degree as well.

A Budget Analyst usually receives an average salary between 56000 - 84000 depending on seniority levels. Budget Analysts can receive average salaries of Seventy Two Thousand Four Hundred dollars yearly.

Budget Analysts can receive the highest pay in the District of Columbia, where they earn average pay of just about $82510. Employees who work in this career are compensated highest in Manufacturing, where they earn average pay scales of $74670.

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The national wage distribution is shown below. To overlay local salaries for a Budget Analyst, please select your state.
ANNUAL SALARY
HOURLY RATE
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SALARY TREND
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 22.37 percent nationwide in that time.
INDUSTRIES
Budget Analysts tend to make the most in the following industries
Professional, Scientific, and Technical Services $74,670
Manufacturing $74,430
Arts, Entertainment, and Recreation $73,980
Information $73,610
Real Estate and Rental and Leasing $73,470
Management of Companies and Enterprises $73,310
In general, they earn less within the industries below
Retail Trade $61,260
Educational Services $63,580
Health Care and Social Assistance $66,650
Administrative, Support and Waste Management Services $68,040
Finance and Insurance $68,870
Public Administration $70,520
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