FAQ about Budget Support Analyst I
1. What type of analyst makes the most money?
The Budget Support Analyst role offers competitive salaries, with a minimum of $59,660, a mid-range salary of $66,900, and a maximum of $75,080. While various analyst positions exist, Budget Support Analysts can earn substantial compensation, particularly at the higher end of the salary spectrum.
2. What is the highest salary of a budget analyst?
The highest salary for a Budget Support Analyst is $75,080, with a minimum salary of $59,660 and a mid-range salary of $66,900. Salary potential can vary based on factors such as location, employer, relevant experience, and education level.
3. What is the demand for budget analysts?
There are currently an estimated 51,600 budget analysts in the United States. The budget analyst job market is expected to grow by 3.3% between 2022 and 2032. Salaries for budget support analysts range from $59,660 to $75,080, with a median salary of $66,900, reflecting the demand and importance of this role in financial planning and management.
4. How many hours do budget analysts work?
Most budget analysts work between 35-44 hours weekly, with some working additional hours to meet deadlines. The role can be stressful, but it offers a competitive salary range, with a minimum of $59,660, a mid-level salary of $66,900, and a maximum of $75,080, reflecting the importance of their work in managing budgets effectively.
5. Which state employs the most budget analysts?
California employs the most budget analysts, with 4,770 professionals in the field. The salary range for a Budget Support Analyst in this role is between $59,660 and $75,080, with a median salary of $66,900. Other states with significant employment include Texas, Florida, and New York, but California leads in numbers.
6. Which degree is best for budget analyst?
Budget analysts typically need at least a bachelor's degree in fields such as business, social science, psychology, or mathematics. Developing a budget requires numeracy and analytical skills, so coursework in accounting, economics, and statistics is beneficial. Salaries for budget support analysts range from $59,660 to $75,080, with a median of $66,900.