Budget Analysts Salary 2018: How Much Money Do They Make

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hourly pay for Budget Analysts
do Budget Analysts make a lot of money

Budget Analysts

Other names for this job might include Accountant, Accounting Supervisor, Budget Analyst, Budget and Policy Analyst, Budget Coordinator, Budget Engineer, Budget Examiner, Budget Manager, Budget Officer, Chief Financial Officer (CFO)

  • $77170
  • 68%
    Job satisfaction
  • Quite Hard
    Becoming one
  • Low
    Job growth
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How Much Do Budget Analysts Make In 2018

In this salary guide, you will find out how much do Budget Analysts make.

After reading this, you will be able to make a decision if working as a Budget Analyst will suit your financial goals (e.g: buying a home, BMW or just your target salary goal).

Average salary

Annual salary
$77170 per year

Hourly wage
$37.100 per hour

One of the most popular questions we get from our readers here at OwlGuru is how much do Budget Analysts make per year and what is their hourly wage.

According to BLS, the average annual salary of Budget Analysts is $77170. Their salary can also be as low as $48300 if you’re still a newbie with no experience to over $111460 if you have a ton of experience under your belt.

The typical hourly pay is $37.100 and can range from $23.220 to $53.580 which also depends if you’re a newbie or a professional.

Just like any other job, the salary of A Budget Analyst will vary based on your education and experience level.

# = Over $100 per hour or $200,000 per year.
Salary rank

We wanted to make it easy for our readers to compare the salary of A Budget Analyst to all the other careers out there. So we created Salary Rank.

This compares the salary of all careers and we give them a rank of A, B, C or D depending on how high or low is their average salary.

After comparing how much do Budget Analysts make with other careers, they have a salary rank of B.

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Salary range

Highest (Top 10%)$53.580$111460
Senior (Top 25%)$44.660$92890
Middle (Mid 50%)$35.500$73840
Junior (Bottom 25%)$28.300$58860
No experience (Bottom 10%)$23.220$48300

Entry-level Budget Analysts who starts out at $58860 can expect to make $73840 after 3-5 years of experience in the field.

The bottom 10% makes less than $23.220 per hour while the top 10% makes over $53.580 per hour.

While the median wage is $73840 per annum or $35.500 per hour.

Depending on who you work for, you might also get overtime pay.

# = Over $100 per hour or $200,000 per year.

Highest paying industries

Industry nameHourly wageAnnual salary
Wireless Telecommunications Carriers (except Satellite)44.6692900
Oil and Gas Extraction43.4290300
Pharmaceutical and Medicine Manufacturing42.6988800
Other Professional, Scientific, and Technical Services42.0587450
Accounting, Tax Preparation, Bookkeeping, and Payroll Services42.0387420
Offices of Real Estate Agents and Brokers41.9187180
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing41.5886480
Natural Gas Distribution41.5286350
Software Publishers41.3686030
Wired Telecommunications Carriers41.0885440
Computer Systems Design and Related Services40.985070
Engineering Services40.7884810
Architectural, Engineering, and Related Services40.7584750
Professional and Commercial Equipment and Supplies Merchant Wholesalers40.4984230
Postal Service (federal government)40.4984230
Computer and Electronic Product Manufacturing40.4284060
Business Support Services40.484020
Real Estate40.3783960
Broadcasting (except Internet)40.283610
Other Information Services39.9583090
Depository Credit Intermediation39.8282820
Support Activities for Mining39.7682700
Professional, Scientific, and Technical Services39.5582250
Publishing Industries (except Internet)39.3681860
Semiconductor and Other Electronic Component Manufacturing39.2181550
Waste Management and Remediation Services39.281540
Machinery Manufacturing39.1581430
Real Estate and Rental and Leasing39.1581420
Motor Vehicle Parts Manufacturing39.0981320
Aerospace Product and Parts Manufacturing39.0881290
Securities and Commodity Contracts Intermediation and Brokerage39.0181150
Data Processing, Hosting, and Related Services38.9981110
Other Telecommunications38.9581020
Pipeline Transportation38.8980890
Advertising, Public Relations, and Related Services38.8780860
Chemical Manufacturing38.8180720
Research and Development in the Physical, Engineering, and Life Sciences38.7180520
Transportation Equipment Manufacturing38.6880460
Medical Equipment and Supplies Manufacturing38.4980070
Scientific Research and Development Services38.580070
Hospitals, Local government owned38.4379930
General Medical and Surgical Hospitals, Local government owned38.4379930
Rail Transportation38.3979860
Credit Intermediation and Related Activities38.3379730
Federal government, including the US Postal Service38.2779600
Federal Executive Branch38.2479540
Securities, Commodity Contracts, and Other Financial Investments and Related Activities38.2379520
Other Financial Investment Activities37.8978800
Other Nondepository Credit Intermediation37.8578730
Management of Companies and Enterprises37.7878590
Travel Arrangement and Reservation Services37.6378270
Merchant Wholesalers, Durable Goods37.5178020
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers37.4777940
Management, Scientific, and Technical Consulting Services37.3777730
All industries, private ownership only37.2177410
Specialty hospitals, Privately owned37.1977360
Drugs and Druggists' Sundries Merchant Wholesalers37.0877120
Research and Development in the Social Sciences and Humanities37.0677080
Wholesale Trade36.9576850
Grantmaking and Giving Services36.9476830
Transportation and Warehousing36.7776490
Miscellaneous Manufacturing36.7476420
Activities Related to Real Estate36.6676240
Electrical Equipment, Appliance, and Component Manufacturing36.5476010
Specialty (except Psychiatric and Substance Abuse) Hospitals (including private, state, and local government hospitals)36.5375990
Office Administrative Services36.4375780
Grocery and Related Product Merchant Wholesalers36.3775650
Building Equipment Contractors36.2875450
Merchant Wholesalers, Nondurable Goods36.1975280
Sector 56- Administrative and Support and Waste Management and Remediation Services36.1575200
Administrative and Support Services35.9974860
Commercial and Service Industry Machinery Manufacturing35.9674800
Pipeline Transportation of Natural Gas35.8774620
Household Appliances and Electrical and Electronic Goods Merchant Wholesalers35.8774610
Nondepository Credit Intermediation35.8174490
Motor Vehicle Manufacturing35.7274300
Educational Support Services, Privately owned35.7174270
All industries35.5573940
Business, Professional, Labor, Political, and Similar Organizations35.4373690
Motion Picture and Sound Recording Industries35.473640
Finance and Insurance35.3373490
Heavy and Civil Engineering Construction35.3173440
General Medical and Surgical Hospitals, State government owned35.3173430
Employment Services35.2473290
Arts, Entertainment, and Recreation35.2473290
Other Miscellaneous Manufacturing35.2373270
Electrical Contractors and Other Wiring Installation Contractors35.273210
Religious, Grantmaking, Civic, Professional, and Similar Organizations35.1773150
Fabricated Metal Product Manufacturing35.1373060
Other Support Services35.173000
Elementary and Secondary Schools, State government owned35.0872960
Other Services (except Federal, State, and Local Government)3572800
Specialty Trade Contractors34.9972770
Electronic Shopping and Mail-Order Houses34.7872350
Federal, State, and Local Government34.6972150
Federal, State, and Local Government, excluding state and local schools and hospitals, and the US Postal Service34.6972150
Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing34.671970
Outpatient Care Centers34.5471850
Nonstore Retailers34.571760
Paper Manufacturing34.4771700
Electric Power Generation, Transmission and Distribution34.4371610
Communications Equipment Manufacturing34.3971540
Computer and Peripheral Equipment Manufacturing34.3371400
Hospitals, State government owned34.3171360
Monetary Authorities-Central Bank34.1971110
Machinery, Equipment, and Supplies Merchant Wholesalers34.1571030
Converted Paper Product Manufacturing34.1370990
Federal, state, and local government, including government owned schools and hospitals, and the US Postal Service33.9870680
Other General Purpose Machinery Manufacturing33.8870460
Hospitals (including private, state, and local government hospitals)33.8670420
Newspaper, Periodical, Book, and Directory Publishers33.8370370
Support Activities for Transportation33.8270350
Social Advocacy Organizations33.8270350
Scheduled Air Transportation33.870310
Insurance Carriers33.7870270
Ambulatory Health Care Services33.7470170
Miscellaneous Nondurable Goods Merchant Wholesalers33.7270130
Air Transportation33.6670010
General Medical and Surgical Hospitals (including private, state, and local government hospitals)33.6369950
Residential Building Construction33.5969870
Construction of Buildings33.5769820
Nonresidential Building Construction33.5669800
Wholesale Electronic Markets and Agents and Brokers33.5569790
Educational Support Services (including private, state, and local government schools)33.4969650
Hospitals, Privately owned33.4569570
Offices of Physicians33.469460
Health Care and Social Assistance (including private, state, and local government hospitals)33.3569380
Direct Insurance (except Life, Health, and Medical) Carriers33.369250
Junior colleges, Local government owned33.2169090
Food Manufacturing33.168850
Labor Unions and Similar Labor Organizations33.0668770
General Medical and Surgical Hospitals, Privately owned33.0468720
Local Government, excluding schools and hospitals32.9668550
Insurance Carriers and Related Activities32.968430
Local government, including schools and hospitals32.7968210
Support Activities for Air Transportation32.7668130
Colleges, universities, and professional schools, Privately owned32.4867560
Junior Colleges (including private, state, and local government schools)32.3767320
Ship and Boat Building32.1766910
Educational Services, Local government owned32.0966740
Clothing and Clothing Accessories Stores32.0866730
Clothing Stores32.0866730
Vocational Rehabilitation Services32.0766700
Educational Services, Privately owned31.8166160
Elementary and Secondary Schools, Local government owned31.7766090
Elementary and Secondary Schools (including private, state, and local government schools)31.7666050
Insurance Agencies and Brokerages31.5465590
Other Fabricated Metal Product Manufacturing31.5165540
Elementary and Secondary Schools, Privately owned30.9464350
Educational Services (including private, state, and local government schools)30.8964260
Plastics and Rubber Products Manufacturing30.8464150
State Government, excluding schools and hospitals30.6363710
Colleges, Universities, and Professional Schools (including private, state, and local government schools)30.5863610
Junior colleges, State government owned30.4963420
Accommodation and Food Services30.4763370
Traveler Accommodation30.4763370
State government, including schools and hospitals30.363030
Telephone Call Centers29.6761720
Social Assistance29.5761500
Activities Related to Credit Intermediation29.4861310
Educational Services, State government owned29.3761090
Nursing and Residential Care Facilities29.360930
Colleges, universities, and professional schools, State government owned29.2860890
Agencies, Brokerages, and Other Insurance Related Activities29.0660440
Junior colleges, Privately owned28.6759640
Individual and Family Services28.5859440
Other Insurance Related Activities28.1858620
Business Schools and Computer and Management Training (including private, state, and local government schools)26.5455210
Business schools and computer and management training - Privately owned26.5455210
Other Schools and Instruction (including private, state, and local government schools)26.3354770
Other schools and instruction, Privately owned26.3354770
Retail Trade25.9553970
Technical and trade schools, Privately owned24.7351440
Technical and Trade Schools (including private, state, and local government schools)24.7251410
Printing and Related Support Activities23.5248920

Not all industries pay the same for Budget Analysts.

One of the easiest way to increase your salary is to change industries and find a higher paying one.

Highest paying states


Another simple way to boost your pay as A Budget Analyst is to move to a higher paying state. However moving to a higher paying state like DC doesn’t mean you will make more overall. This is because the expenses at DC may be 2x higher than where you are currently living at right now.

According to the BLS, the highest paid / most successful Budget Analysts are in the states of DC, VA, CT, MD and AK. The average salary in DC is $93090.

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Rank: B+
Salary: $73670

They analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
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Salary: $64380

They conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
Rank: B+
Salary: $92250

They conduct quantitative analyses of information affecting investment programs of public or private institutions.
Rank: B+
Salary: $75970

They analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with credit information for use in decision making.
Rank: B+
Salary: $73670

They examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.

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Business Analysis, Business Financial Management and Accounting
Financial and Investment Planning

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