As of May 01, 2026, the average salary for a Budget Analyst III in the United States is $89,633 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:
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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.
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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Budget Analyst I | 0-2 years | $65,586 |
| Budget Analyst II | 2-4 years | $79,837 |
| Budget Analyst III | 4-7 years | $89,633 |
| Budget Analyst IV | 7+ years | $114,276 |
| Budgeting Supervisor | 7+ years | $117,809 |
What Am I Worth?
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:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 20.18% |
| Financial Statements | 1.49% |
| CPA | 1.02% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Hyperion
|
$95,011 |
6%
|
|
Tableau
|
$94,115 |
5%
|
|
Consulting
|
$94,115 |
5%
|
|
Project Management
|
$93,218 |
4%
|
|
Organizational Skills
|
$93,218 |
4%
|
|
Written Communication
|
$92,322 |
3%
|
Your level of education can impact your salary potential. While many Budget Analyst IIIs enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Budget Analyst III with a Bachelor's Degree is between $96,978 and $102,779).
Budget Analyst III Salaries by Degree Level
| 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% |
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 May 01, 2026For 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 $114,276 - a projected growth of 27% over your current level.
Salaries for a Budget Analyst III can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $92,703 in 2023 to around $90,959 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Budget Analyst III salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $92,703 |
| 2024 | $91,705 |
| 2025 | $90,959 |
| 2026 |
View More
|
| 2027 |
View More
|
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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 $113,054.
The highest pay for Budget Analyst III is $107,551.
The lowest pay for Budget Analyst III is $72,727.
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.
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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