Budget Analysts Earnings and Salary

Salaries of budget analysts vary widely by experience, education, and employer. Median annual earnings of wage-and-salary budget analysts in May 2006 were $61,430. The middle 50 percent earned between $49,070 and $77,000. The lowest 10 percent earned less than $40,070, and the highest 10 percent earned more than $93,080. Median annual earnings in the industries employing the largest numbers of budget analysts were:

In the Federal Government, budget analysts usually start as trainees, earning $28,862 or $35,752 per year in 2007. Candidates with a master’s degree began at $43,731. Beginning salaries were slightly higher in areas where the prevailing local pay level was higher. The average annual salary in 2007 for budget analysts employed by the Federal Government was $71,267.

According to a 2007 survey conducted by Robert Half International—a staffing services firm specializing in accounting and finance—starting salaries of financial, budget, treasury, and cost analysts in small companies ranged from $32,750 to $39,250. In large companies, starting salaries ranged from $36,500 to $43,750.