The salary of a Budget Analyst I in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of December 01, 2024, the average annual pay of Budget Analyst I in the United States is $66,726. While Salary.com is seeing that the highest pay for Budget Analyst I in the US can go up to $82,308 and the lowest down to $52,937, but most earn between $59,508 and $74,882. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Budget Analyst I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $74,882 | $6,240 | $1,440 | $36 |
| Average | $66,726 | $5,561 | $1,283 | $32 |
| 25th Percentile | $59,508 | $4,959 | $1,144 | $29 |
As of December 01, 2024, Salary.com is seeing that an entry-level Budget Analyst I with under 1 year experience makes about $65,848. With less than 2 years of experience, a mid-level Budget Analyst I makes around $66,626. After 2-4 years, the Budget Analyst I pay rises to about $68,443. Those senior Budget Analyst I with 5-8 years of experience earn roughly $68,806, and those Budget Analyst I having 8 years or more experience is expected to earn about $69,048 on average.
| 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 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 3% |
| Experienced | 3% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Budget Analyst I is $73,599 in California and in Massachusetts, the average annual salary goes to $72,598. While in New Jersey, a Budget Analyst I earns $73,132 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Budget Analyst I in San Francisco, CA is $83,408 and in New York, NY, the average annual salary goes to $77,936. While a Budget Analyst I earns $74,800 per year in Boston, MA.
For those exploring the changing dynamics of Budget Analyst I salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Budget Analyst I compensation over the past six years. For instance, the median salary has moved from $63,375 in 2023 to about $62,873 in 2024 (for a comprehensive analysis of Budget Analyst I salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
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.
Here are companies hiring for Budget Analyst I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $66,726 | 68.2% | ||
| Bonus | $1,318 | 1.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,205 | 5.3% | ||
| 401K/403B | $2,858 | 2.9% | ||
| Disability | $1,361 | 1.4% | ||
| Healthcare | $8,352 | 8.5% | ||
| Pension | $3,674 | 3.8% | ||
| Time Off | $8,375 | 8.6% | ||
| Total Compensation | $97,870 | 100% | ||
| 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% |
What Am I Worth?
The average annual salary of Budget Analyst I is $66,726. 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 $1,283; the average monthly pay of Budget Analyst I is $5,561.
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 $83,742.
The highest pay for Budget Analyst I is $82,308.
The lowest pay for Budget Analyst I is $52,937.
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.
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