The annual salary statistics of budget analysts in Indianapolis-Carmel, Indiana is shown in Table 1. The wage statistics of budget analysts in Indianapolis-Carmel is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $58,910 |
| 25th Percentile Wage | $73,490 |
| 50th Percentile Wage | $81,470 |
| 75th Percentile Wage | $89,690 |
| 90th Percentile Wage | $104,960 |
Table 1 shows the average annual salary for budget analysts in Indianapolis-Carmel, Indiana in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $104,960. The median (50th percentile) annual salary is $81,470. The average annual salary for the bottom 10 percent earners is $58,910.
The table and chart below show the trend of the median salary of budget analysts from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $81,470 | 3.33% | 25.38% |
| 2021 | $78,760 | 9.38% | - |
| 2020 | $71,370 | 7.51% | - |
| 2019 | $66,010 | 2.51% | - |
| 2018 | $64,350 | -0.12% | - |
| 2017 | $64,430 | -3.06% | - |
| 2016 | $66,400 | 9.50% | - |
| 2015 | $60,090 | -3.20% | - |
| 2014 | $62,010 | 1.31% | - |
| 2013 | $61,200 | 0.67% | - |
| 2012 | $60,790 | - | - |
From Table 3 we note that with a median annual salary of $81,470, Indianapolis-Carmel is the second highest paying city for budget analysts in state of Indiana, following the highest paying city Fort Wayne (median annual salary of $82,590). Compared with Fort Wayne, the median annual salary of budget analysts in Indianapolis-Carmel is 1.4 percent (1.4%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Fort Wayne | |
| Indianapolis-Carmel | |
| Gary | |
| Southern Indiana nonmetropolitan area |