How Much Do Budget Analysts Make?

Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary budget analysts make, you've come to the right place.

Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for budget analysts and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of budget analysts are offering as compensation.

Keep reading to learn more about how much budget analysts can expect to make in the United States.

At a Glance: Salary & Jobs for Budget Analysts

According to data from 2023, there were about 52,373 positions for budget analysts in the United States. In terms of salary, the national median salary for budget analysts was reported to be $84,947. Additionally, when examining job demand, employers across the country posted 13,184 job postings related to positions for budget analysts.

How Much Money Do Budget Analysts Make?

Median salary is just one data point. To build a better understanding of how much money budget analysts and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.

Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for budget analysts.

Annual Salary for Budget Analysts

According to the BLS, the lowest earners for budget analysts and related professions earned about $56,763 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $131,643 annually.

As mentioned previously, the median salary for budget analysts in the United States in 2023 was $84,947.

Hourly Salary for Budget Analysts

The BLS also breaks down compensation for budget analysts by hourly salary, and the median average hourly pay for budget analysts in 2023 was $41. Lowest hourly earners took home $27 while the highest reported hourly salaries for budget analysts was $63.

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Degree Options for Budget Analysts

Advertised Compensation for Budget Analysts

Data from the BLS is one way to dig into compensation for budget analysts, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for budget analysts.

Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™

Annual Salary from Job Postings for Budget Analysts

During a review of 10,583 job postings related to budget analysts, advertised salary was included in 5,454 of them, which was 52%. Based on those postings, the median advertised salary for budget analysts was $77,184 per year.

Hourly Salary from Job Postings for Budget Analysts

A similar analysis of job postings provides insight into advertised hourly salary for budget analysts. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for budget analysts in the United States is about $37.

Salary Trend for Budget Analysts

If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for budget analysts. The chart below provides a snapshot of advertised salaries over the past three years.

Based on compensation data that was included in job postings for budget analysts dating back to September 2020, advertised salaries for budget analysts have increased 9%.

What's the Job Growth for Budget Analysts?

Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for budget analysts over the next 10 years.

According to the data obtained through Lightcast,™ there were 52,430 jobs for budget analysts in the United States in 2023. By 2033, it is expected that about 3,937 jobs will be added. That's a 7.5% increase over the next 10-year period.

Additional Links

Ready to dig deeper into career information about budget analysts? Visit our other pages focused on salary and education for budget analysts.

What do budget analysts do?
Budget Analysts: How do you become one?

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