Budget Analyst Salary in U.S.

The salary statistics of budget analysts are shown in Table 1. In the next few tables we compare the average salaries of budget analysts within different industry sectors and in the 50 states of the United States. The budget analysts annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].

Table 1. Budget Analyst Salary in U.S. (2022 survey)

Percentile BracketAverage Annual Salary
10th Percentile Wage
$53,000
25th Percentile Wage
$65,360
50th Percentile Wage
$82,260
75th Percentile Wage
$104,290
90th Percentile Wage
$128,170

Table 1 shows the average annual salary for budget analysts. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) budget analysts is $128,170. The median annual salary (50th percentile) is $82,260. The average annual salary for the bottom 10 percent is $53,000. Take note that in the United States, the annual salary of the 90th percentile (the top 10 percent of the highest paid) is almost 141% higher than that of the bottom 10 percent.

Median salary trend (2012 to 2022)

The table and chart below show the trend of the median salary of budget analysts from 2012 to 2022.

YearMedian SalaryYearly Growth10-Year Growth
2022
$82,260
2.82% 15.78%
2021
$79,940
1.21% -
2020
$78,970
3.08% -
2019
$76,540
0.42% -
2018
$76,220
1.29% -
2017
$75,240
1.86% -
2016
$73,840
3.05% -
2015
$71,590
0.52% -
2014
$71,220
1.56% -
2013
$70,110
1.18% -
2012
$69,280
- -

Table 2. Budget Analyst Salary by Industry Sector (2022 survey)

The average salaries of budget analysts in 19 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for budget analysts occupations is the accommodation and food services sector with an annual salary $110,670. The lowest paying sector is the retail trade sector (annual salary $56,580).

Industry Sector Median Annual Salary
Accommodation and Food Services
$110,670
Professional, Scientific, and Technical Services
$98,360
Information
$97,900
Manufacturing
$91,160
Arts, Entertainment, and Recreation
$89,330
Utilities
$87,710
Other Services (except Federal, State, and Local Government)
$87,210
Federal, State, and Local Government
$83,410
Management of Companies and Enterprises
$81,970
Real Estate and Rental and Leasing
$78,870
Mining
$78,190
Wholesale Trade
$78,010
Finance and Insurance
$77,450
Health Care and Social Assistance
$77,390
Construction
$76,040
Transportation and Warehousing
$72,340
Educational Services
$68,440
Administrative and Support and Waste Management and Remediation Services
$66,560
Retail Trade
$56,580

Table 3. Median Annual Wage of Budget Analysts by States (2022 survey)

From the above tables we note that not only budget analysts salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of budget analysts in all 50 states of the United States. We note that the median annual salaries range from $45,210 to $109,020. The highest paying state for budget analysts is District of Columbia with a median annual salary of $109,020. The lowest paying state is Puerto Rico with a median annual salary of $45,210. For more salary information of budget analysts profession in a specific state, use the links in the table.

State Name Median Annual Salary
District of Columbia
$109,020
Maryland
$106,810
Virginia
$98,420
California
$97,250
New Jersey
$92,100
Alabama
$91,710
New Mexico
$90,670
Alaska
$87,640
New York
$87,620
Massachusetts
$86,560
Oregon
$85,810
Illinois
$84,310
Connecticut
$84,110
Georgia
$83,740
Colorado
$83,450
Rhode Island
$82,370
Washington
$82,330
Delaware
$81,890
Minnesota
$81,710
Michigan
$81,060
Ohio
$80,840
New Hampshire
$80,250
Indiana
$79,700
Vermont
$79,080
Missouri
$78,920
Iowa
$78,770
Hawaii
$77,750
Pennsylvania
$77,020
Texas
$76,960
Nebraska
$76,900
Wisconsin
$76,700
Nevada
$76,020
Arizona
$75,130
North Carolina
$74,730
Kansas
$74,070
Tennessee
$73,640
Florida
$72,850
Utah
$72,820
Louisiana
$72,080
Wyoming
$71,590
North Dakota
$71,140
West Virginia
$70,620
Mississippi
$69,100
Idaho
$68,410
South Carolina
$68,240
Maine
$66,710
Kentucky
$66,210
South Dakota
$66,210
Oklahoma
$66,210
Montana
$63,380
Virgin Islands
$59,800
Guam
$55,000
Arkansas
$49,690
Puerto Rico
$45,210