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Budget Analyst III Salary in the United States

How much does a Budget Analyst III make in the United States?

As of August 01, 2026, the average salary for a Budget Analyst III in the United States is $89,631 per year, which breaks down to an hourly rate of $43.

However, a Budget Analyst III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $107,561
  • Majority Range (25th-75th percentile): $80,784 to $99,016
  • Entry-Level (10th percentile): $72,729
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Budget Analyst III Salaries

A Budget Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Budget Analyst III Salaries?

Experience is a primary driver of a Budget Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Budget Analyst I (0-2 years): $65,580
  • Budget Analyst II (2-4 years): $79,840
  • Budget Analyst III (4-7 years): $89,631
  • Budget Analyst IV (7+ years): $114,269
  • Budgeting Supervisor (7+ years): $117,844
Job Role Years of Experience Average Salary
Budget Analyst I0-2 years$65,580
Budget Analyst II2-4 years$79,840
Budget Analyst III4-7 years$89,631
Budget Analyst IV7+ years$114,269
Budgeting Supervisor7+ years$117,844
View as Graph

How Do Budget Analyst IIIs Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Budget Analyst IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $99,239.
  • California: $98,863.
  • Massachusetts: $97,545.

Top Paying Cities for Budget Analyst III

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $113,052
  • San Francisco: $111,814
  • Oakland: $109,457

What Skills Can Increase a Budget Analyst III's Salary?

Demanded Skills for the Role:

  • Analysis (Mentioned in 20.18% Job Postings): Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  • Financial Statements (Mentioned in 1.49% Job Postings): Obtaining and creating formal records of business activities and cash flows to provide results for financial performance.
  • CPA (Mentioned in 1.02% Job Postings): A CPA, or Certified Public Accountant, is a trusted financial advisor who helps individuals, businesses, and other organizations plan and reach their financial goals.
Skills Demand Percentage
Analysis 20.18%
Financial Statements 1.49%
CPA 1.02%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Budget Analyst III's salary.

  • Hyperion: Can increase your salary by up to 6%.
  • Tableau: Can increase your salary by up to 5%.
  • Consulting: Can increase your salary by up to 5%.
Skill Salary Salary % Increase
Hyperion $95,009
6%
Tableau $94,113
5%
Consulting $94,113
5%
Get Latest Data

Budget Analyst III Salary by Company Size: Startups vs. Enterprise

Budget Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $100,337. While startup companies pay approximate $84,883.

Budget Analyst III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $84,883
Growth Stage 51~500 $89,773
Established 501~5000 $96,893
Enterprise 5000+ $100,337

Budget Analyst III Salary by Industry: Top Paying Sectors

For Budget Analyst III roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Energy & Utilities sectors offer the strongest compensation, at 25% above the average. In contrast, Budget Analyst positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Budget Analyst III as a support function rather than a direct revenue driver.

The top paying industries for a Budget Analyst III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Pharmaceuticals$112,039$54.025%
Energy & Utilities$107,557$52.020%
Financial Services$103,076$50.015%
Software & Networking$103,076$50.015%
Biotechnology$98,594$47.010%

How Education impacts an Budget Analyst III's Salary?

Your level of education can impact your salary potential. While many Budget Analyst III enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Budget Analyst III with a Bachelor's Degree is between $96,978 and $102,779.

Budget Analyst III Salaries by Degree Level

Typical Education for Budget Analyst III
Degree Level % of user with this level of education
No Diploma 0.6%
High School 4.2%
Associates 3.6%
Bachelors 45.8%
Masters 45.8%
Doctorate 0.0%
View as Graph

Budget Analyst III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Budget Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$80,784
Average $89,631/year
$99,016
$6,732
Average $7,469/month
$8,251
$1,554
Average $1,724/week
$1,904
$39
Average $43/hour
$48
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $99,016 $8,251 $1,904 $48
Average $89,631 $7,469 $1,724 $43
25th Percentile $80,784 $6,732 $1,554 $39

Budget Analyst III Salary Growth & Career Path

Budget Analyst III

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Advancement

For a Budget Analyst III, the most direct path to higher earnings is advancing to the Budget Analyst IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $114,269 - a projected growth of 27% over your current level.

Most common benefits for Budget Analyst III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Budget Analyst III

Here are companies hiring for Budget Analyst III and their salaries, click below for more details.

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FAQ about Budget Analyst III

1. Where can a Budget Analyst III earn the most?

A Budget Analyst III'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 III earns the most in San Jose, CA, where the annual salary of a Budget Analyst III is $113,052.

2. What is the highest pay for Budget Analyst III?

The highest pay for Budget Analyst III is $107,561.

3. What is the lowest pay for Budget Analyst III?

The lowest pay for Budget Analyst III is $72,729.

4. What are the responsibilities of Budget Analyst III?

Monitors and analyzes accounting allocation and spending data to determine financial resources required to develop budgets. Tracks expenses, inventories, and budget balances. Measures actual performance against budget. Prepares forecasting reports and trend analysis. 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. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

5. What industry pays the highest salary for Budget Analyst III?

The Pharmaceuticals industry offers the highest average compensation for Budget Analyst III roles, with salaries approximately 25% above the market median.

Where Does Our Salary Data Come From?

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.

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