How Much Do Finance and Budget Officers 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 finance and budget officers 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 finance and budget officers 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 finance and budget officers are offering as compensation.
Keep reading to learn more about how much finance and budget officers can expect to make in the United States.
At a Glance: Salary & Jobs for Finance and Budget Officers
According to data from 2023, there were about 52,373 positions for finance and budget officers in the United States. In terms of salary, the national median salary for finance and budget officers was reported to be $84,947. Additionally, when examining job demand, employers across the country posted 13,184 job postings related to positions for finance and budget officers.
How Much Money Do Finance and Budget Officers Make?
Median salary is just one data point. To build a better understanding of how much money finance and budget officers 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 finance and budget officers.
Annual Salary for Finance and Budget Officers
According to the BLS, the lowest earners for finance and budget officers 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 finance and budget officers in the United States in 2023 was $84,947.
Annual Salary Range For Finance and Budget Officers In 2023
Hourly Salary for Finance and Budget Officers
The BLS also breaks down compensation for finance and budget officers by hourly salary, and the median average hourly pay for finance and budget officers in 2023 was $41. Lowest hourly earners took home $27 while the highest reported hourly salaries for finance and budget officers was $63.
Hourly Salary Range For Finance and Budget Officers In 2023
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Degree Options for Finance and Budget Officers
Develop the foundational financial skills needed to keep business running successfully, including financial reporting and analysis, managerial accounting, and federal taxes, so you can start your career as an accounting technician, tax preparer, payroll assistant and more.
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Distinguish yourself as a knowledgeable accounting professional with advanced technical, research, and communication skills.
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- Months To Complete: 17
- Accreditation: IACBE
- Placement Tests: GMAT/GRE not required for admission
- Class Type: Face-to-face, Online coursework
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Advertised Compensation for Finance and Budget Officers
Data from the BLS is one way to dig into compensation for finance and budget officers, 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 finance and budget officers.
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 Finance and Budget Officers
Advertised Annual Salary
During a review of 10,583 job postings related to finance and budget officers, advertised salary was included in 5,454 of them, which was 52%. Based on those postings, the median advertised salary for finance and budget officers was $77,184 per year.
Hourly Salary from Job Postings for Finance and Budget Officers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for finance and budget officers. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for finance and budget officers in the United States is about $37.
Salary Trend for Finance and Budget Officers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for finance and budget officers. 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 finance and budget officers dating back to September 2020, advertised salaries for finance and budget officers have increased 9%.
Advertised Wage Trend For Finance and Budget Officers
What's the Job Growth for Finance and Budget Officers?
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 finance and budget officers over the next 10 years.
According to the data obtained through Lightcast,™ there were 52,430 jobs for finance and budget officers 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.
Employment Projections For Finance and Budget Officers
Additional Links
Ready to dig deeper into career information about finance and budget officers? Visit our other pages focused on salary and education for finance and budget officers.
What do finance and budget officers do?
Finance and Budget Officers: How do you become one?
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