upper level job

How much does a Budget Analyst I make?

As of March 01, 2025, the average annual salary for a Budget Analyst I in the United States is $67,392. According to Salary.com, salaries can range from a low of $53,850 to a high of $83,275, with most professionals earning between $60,304 and $75,706.

Budget Analyst I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $75,706 $6,309 $1,456 $36
Average $67,392 $5,616 $1,296 $32
25th Percentile $60,304 $5,025 $1,160 $29

Average Salary

25% $60,304 10% $53,850 90% $83,275 75% $75,706 $67,392 50%(Median) Didn’t find job title? Click
Change Search Criteria

How much does a Budget Analyst I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Budget Analyst I salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Budget Analyst I hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Budget Analyst I's Salary?

An entry-level Budget Analyst I with less than 1 year of experience earns about $65,848. With 1-2 years of experience, the average salary increases to $66,626. For 2-4 years of experience, the pay typically rises to $68,443. Senior-level professionals with 5-8 years of experience earn around $68,806, and those with over 8 years of experience can expect an average of $69,048.

Levels Salary
Entry Level Budget Analyst I $65,848
Intermediate Level Budget Analyst I $66,626
Senior Level Budget Analyst I $68,443
Specialist Level Budget Analyst I $68,806
Expert Level Budget Analyst I $69,048
$65,848 0 yr
$66,626 < 2 yrs
$68,443 2-4 yrs
$68,806 5-8 yrs
$69,048 > 8 yrs
Last Updated on March 01, 2025
Entry Level 2%
Mid Level 1%
Senior Level 2%
Top Level 2%
Experienced 2%
View as graph
Last Updated on March 01, 2025

How much does salary of Budget Analyst I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Budget Analyst I is $84,240.
  • In New York, NY, the average annual salary is $78,714.
  • In Boston, MA, a Budget Analyst I earns $75,546 per year.

What is the salary trend of Budget Analyst I?

As of March 01, 2025, our research reveals a significant shift in Budget Analyst I compensation over the past six years. For example, the median salary increased from $63,375 in 2023 to approximately $62,873 in 2024. (For a detailed analysis of Budget Analyst I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Budget Analyst I Over Time

2020
$???
2021
$???
2022
$???
$63,375
2023
$62,873
2024
$62,348
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$63,375
2024
$62,873
2025
$62,348
2026
$???
Last Updated on March 01, 2025

Budget Analyst I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $63,375
2024 $62,873
2025 $62,348
2026 View More
Last Updated on March 01, 2025

Job Openings of Budget Analyst I

Salary.com job board provides millions of Budget Analyst I information for you to search for. Click on search button below to see Budget Analyst I job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.3%
Bonuses 1.3%
Social Security 5.3%
401k/403b 2.9%
Disability 1.4%
Healthcare 8.5%
Pension 3.8%
Time Off 8.6%
Core Compensation
Core Compensation Median % of Total
Base Salary $67,392 68.3%
Bonus $1,281 1.3%
Value of Benefits
Core Compensation Median % of Total
Social Security $5,253 5.3%
401K/403B $2,884 2.9%
Disability $1,373 1.4%
Healthcare $8,352 8.5%
Pension $3,708 3.8%
Time Off $8,452 8.6%
Total Compensation $98,697 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Budget Analyst I with different levels of education?

Salaries for Budget Analyst I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Budget Analyst I with a Bachelor's Degree is $63,170 - $67,232. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Budget Analyst I Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Budget Analyst I
Degree Level % of user with this level of education
No Diploma 0.3%
High School 4.3%
Associates 3.6%
Bachelors 60.3%
Masters 31.1%
Doctorate 0.3%
Typical Education for Budget Analyst I
No Diploma 0.3%
High School 4.3%
Associates 3.6%
Bachelors 60.3%
Masters 31.1%
Doctorate 0.3%
view as table

Budget Analyst I Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Budget Analyst I

1. What is the average salary of a Budget Analyst I?

The average annual salary of Budget Analyst I is $67,392. In case you are finding an easy salary calculator, the average hourly pay of Budget Analyst I is $32; the average weekly pay of Budget Analyst I is $1,296; the average monthly pay of Budget Analyst I is $5,616.

2. Where can a Budget Analyst I earn the most?

A Budget Analyst I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Budget Analyst I earns the most in San Jose, CA, where the annual salary of a Budget Analyst I is $84,577.

3. What is the highest pay for Budget Analyst I?

The highest pay for Budget Analyst I is $83,275.

4. What is the lowest pay for Budget Analyst I?

The lowest pay for Budget Analyst I is $53,850.

5. What are the responsibilities of Budget Analyst I?

Budget Analyst I monitors and analyzes accounting allocation and spending data to determine financial resources required to develop budgets. Tracks expenses, inventories, and budget balances. Being a Budget Analyst I measures actual performance against budget. Prepares forecasting reports and trend analysis. Additionally, Budget Analyst I develops recommendations for budget allocations that conform with budgetary policies and limits. Utilizes financial modeling and data analytics tools. Requires a bachelor's degree in accounting or equivalent. Typically reports to a manager or head of a unit/department. The Budget Analyst I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Budget Analyst I typically requires 0-2 years of related experience.

6. What are the skills of Budget Analyst I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.)

CPA: A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

Is this useful?

The average salary for a Budget Analyst I is $67,392 per year in the United States, updated at March 01, 2025.
Is this useful? Maybe