As of April 01, 2026, the average salary for a Budget Manager in the United States is $132,540 per year, which breaks down to an hourly rate of $64.
However, a Budget Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Budget Manager'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 Manager'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 IV | 7+ years | $114,279 |
| Budgeting Supervisor | 7+ years | $117,797 |
| Budget Manager | 7+ years | $132,540 |
| Budget Senior Manager | 7+ years | $173,568 |
| Budget Director | 7+ years | $205,360 |
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 Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 12.13% |
| Financial Statements | 1.64% |
| Accounts Receivable | 1.2% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Partnering
|
$152,421 |
15%
|
|
Pricing
|
$149,770 |
13%
|
|
Financial Modeling
|
$147,119 |
11%
|
|
Project Management
|
$145,794 |
10%
|
|
Forecasting
|
$145,794 |
10%
|
|
KPI
|
$145,794 |
10%
|
Your level of education can impact your salary potential. While many Budget Managers 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 Manager with a Bachelor's Degree is between $130,210 and $139,103).
Budget Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 1.7% |
| High School | 1.7% |
| Associates | 2.8% |
| Bachelors | 38.1% |
| Masters | 57.4% |
| Doctorate | 0.0% |
Understanding how a Budget Manager'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 April 01, 2026For a Budget Manager, the most direct path to higher earnings is advancing to the Budget Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $173,568 - a projected growth of 31% over your current level.
Salaries for a Budget Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $113,839 in 2023 to around $114,117 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Budget Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $113,839 |
| 2024 | $114,751 |
| 2025 | $114,117 |
| 2026 |
View More
|
| 2027 |
View More
|
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A Budget Manager'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 Manager earns the most in San Jose, CA, where the annual salary of a Budget Manager is $167,173.
The highest pay for Budget Manager is $155,632.
The lowest pay for Budget Manager is $106,306.
Manages and coordinates budgeting activities and the implementation of the organization's budget policies and guidelines. Monitors actual performance against estimates and prepares annual and interim budgets. Coordinates budget appropriations and responds to exception requests for funds. Monitors and analyzes performance against budgets. Implements and supports tools and reporting used for planning, forecasting, monitoring, and decision support. Requires a bachelor's degree in accounting. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
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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