How Much Do Budget Analysts Make in 2021 (including Starting Salary)

Stan T.Career, SalaryLeave a Comment

2021 Annual Salary, Salary Range, and Highest Paying States and Industries

Budget Analysts

Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Becoming One
Bachelor's degree
Job Satisfaction
Job Growth

Interest Match

Table of contents
  1. Average salary
  2. Starting salary
  3. Salary rank
  4. Salary range
  5. Highest paying states
  6. Highest paying industries

Average salary

Annual salary
$82690 per year
Hourly wage
$40 per hour

Starting salary

Entry-level annual salary
$51,220 to $62,540 per year
Entry-level hourly wage
$25 to $30 per hour

Entry-level Budget Analysts with little to no experience can expect to make anywhere between $51,220 to $62,540 per year or $25 to $30 per hour. Similar to any other job, their salary will increase as they gain experience.

Featured Schools

Salary rank

Salary rank

We wanted to make it easy for our readers to compare the salary of Budget Analysts to all the other careers out there. So we created Salary Rank. We compared the salary of all careers then we gave them a rank of A, B, C, or D depending on where their average salary sit in comparison to other careers.

Salary range

Level Hourly Annual
Highest (Top 10%) $58 $121,360
Senior (Top 25%) $48 $100,060
Middle (Mid 50%) $38 $78,970
Junior (Bottom 25%) $30 $62,540
No experience (Bottom 10%) $25 $51,220

Highest paying states

State Hourly Annual
DC $50 $104,330
MD $47 $97,390
VA $47 $97,020
ME $45 $94,320
CA $45 $93,610
NJ $42 $87,980
AL $42 $87,670
MA $42 $87,090
CT $42 $86,690
CO $42 $86,440

Another simple way to increase your salary as a Budget Analyst is to move to a higher paying state. However moving to a higher paying state like DC doesn’t guarantee that you will make more because the expenses at DC might be much higher than where you are currently living at right now.

According to BLS, the highest paid Budget Analysts are in the states of DC, MD, VA, ME and CA.

Highest paying industries

Salary by industry Annual Hourly
Other Information Services $100520 $48.33
Software Publishers $100000 $48.08
Other Professional, Scientific, and Technical Services $99900 $48.03
Semiconductor and Other Electronic Component Manufacturing $99160 $47.67
Pharmaceutical and Medicine Manufacturing $98870 $47.53
Building Equipment Contractors $96900 $46.59
Nonresidential Building Construction $96440 $46.37
Navigational, Measuring, Electromedical, and Control Instruments Manufacturing $95170 $45.75
Computer Systems Design and Related Services $95160 $45.75
Machinery Manufacturing $93890 $45.14
Educational Support Services $92800 $44.62
Aerospace Product and Parts Manufacturing $91770 $44.12
Medical and Diagnostic Laboratories $91340 $43.91
Telecommunications $90460 $43.49
Nondepository Credit Intermediation $90170 $43.35
Postal Service (Federal Government) $90150 $43.34
Oil and Gas Extraction $90130 $43.33
Federal Executive Branch $89860 $43.20
Credit Intermediation and Related Activities $89810 $43.18
Medical Equipment and Supplies Manufacturing $89780 $43.16
Residential Building Construction $89310 $42.94
Employment Services $89170 $42.87
Securities, Commodity Contracts, and Other Financial Investments and Related Activities $89150 $42.86
Monetary Authorities-Central Bank $89030 $42.80
Business, Professional, Labor, Political, and Similar Organizations $88770 $42.68
Scientific Research and Development Services $87990 $42.30
Wholesale Electronic Markets and Agents and Brokers $87940 $42.28
Computer and Peripheral Equipment Manufacturing $87360 $42.00
Machinery, Equipment, and Supplies Merchant Wholesalers $87280 $41.96
Rail Transportation $86910 $41.78

Explore Other Careers

Don’t know which career to pursue?

Take the career quiz to find careers that match your personality type. Take The Career Quiz

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.