BUSINESS Zone 4: Considerable Preparation

Budget Analysts

Budget Analysts earn $91,640 nationally at the median. The middle 50% of workers fall between $75,320 and $114,220. Where you land depends on specialization, employer, and experience.

About Budget Analysts

This page sets out what the federal data says about working as a budget analysts: what the job pays, how fast it is growing, and what it takes to get in. Most people arrive through a degree in Accounting and what it leads to, though it is not the only route.

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.


Median Wage
$91,640
Employed Nationally
47K
Openings / Year
2,900
Entry Education
Bachelor's degree
Job Zone
Zone 4: Considerable Preparation

Also known as:

Budget Administrator (Budget Admin) Budget Analyst Budget and Policy Analyst Budget Coordinator Budget Engineer

How Much Do Budget Analysts Make?

Most budget analysts take home around $91,640 a year, well above what most college graduates make. Half earn somewhere between $75,320 and $114,220, so where you land depends a lot on employer, specialty and city. Worth weighing against how long the training takes. Source: BLS.

A wage on its own says nothing about whether the degree behind it pays for itself, which is a question of lifetime earnings set against the total cost of getting there.

$91,640
National Median (Annual)

Well above average for college graduates.

$75K–$114K
Middle 50% Range

25th to 75th percentile. Most workers earn within this band.


Earnings Range

What Do Budget Analysts Do?

This is what the job actually looks like on a Tuesday: 5 core activities and 5 skills the work depends on. Read it before the salary, because pay matters less than whether you would want to spend your days doing this. Source: O*NET.

What You'll Do

  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Review operating budgets to analyze trends affecting budget needs.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

Core Skills Employers Look For

Mathematics Critical Thinking Speaking Complex Problem Solving Judgment and Decision Making

Who Thrives Here

C
Conventional

Success depends on precision and structured processes, where detail-oriented people who work consistently within established systems perform best.

E
Enterprising

Leadership, influence, and business acumen are rewarded here, where managing teams, driving decisions, or persuading others shapes career outcomes.

I
Investigative

This career demands analytical thinking: researching problems, interpreting data, and applying logical reasoning to find practical solutions.

Where Do Budget Analysts Work?

What the physical and mental conditions of this job actually look like day to day, based on O*NET Work Context data collected from people working in this occupation.

Work Setting
Mixed

Split between indoor and outdoor or field settings.

Physical Demands
Light

Mix of sitting and movement throughout the day.

Stress Level
Moderate

Moderate pressure. Regular deadlines exist but are generally manageable with experience.

What Is the Job Outlook for Budget Analysts?

Through 2035 the BLS expects this field to change by +1.9%, meaning it is growing slowly, a little behind the average job. Around 2,900 roles open up each year, which is the number that matters most if you are starting out. Source: BLS.

Growth rates are only meaningful next to other occupations, and the full list of careers with their projected growth puts this one in context.

↗ +1.9%
10-Year Growth (2025–2035)

Slower than average.

2,900
Annual Openings

New positions plus replacements for retirees and career-changers.

47K
Currently Employed

Total US employment as of BLS May 2025.

Source: BLS Employment Projections 2025–2035 and Occupational Employment and Wage Statistics May 2025.

Where the Jobs Are

The five states below employ the most Budget Analysts professionals nationwide. State-level wages can differ significantly from the $91,640 national median. Research your specific market before committing to a program.

# State Jobs Median Wage vs. National
1 California 4,160 $99,520 +8.6%
2 Texas 3,340 $82,970 -9.5%
3 Florida 3,150 $84,170 -8.2%
4 New York 2,760 $88,540 -3.4%
5 Virginia 2,730 $105,470 +15.1%

Source: BLS Occupational Employment and Wage Statistics, May 2025. Employment figures rounded. Read our methodology →

How to Get Here

To get hired here you will usually need a bachelor's degree. The 2 programs below are the most common routes in, ordered by how many people actually graduate from each one.

The next most common path is a Finance program and the colleges offering it, which suits a different kind of applicant.

Bachelor's degree
Zone 4: Considerable Preparation

These positions typically require a bachelor's degree and several years of related experience before advancing into senior roles.


Degree Programs That Lead Here

# Program Graduates/yr 4yr Median Colleges
1 Accounting 84,760 $76,194 2,112
2 Finance 58,013 $83,343 949

Top Colleges for Aspiring Budget Analysts

Colleges offering the degree programs that lead to this career, ranked by UCD Score. A strong program plus solid outcomes is a good place to begin your search.

# College UCD Score Net Price Salary 10yr
1 CUNY Bernard M Baruch College New York, NY 93 $3,033 $75,971
2 University of Florida Gainesville, FL 93 $6,541 $71,588
3 North Florida College Madison, FL 91 $804 $33,929
4 University of Chicago Chicago, IL 91 $14,860 $91,885
5 Vanderbilt University Nashville, TN 90 $15,846 $91,565
6 University of North Carolina at Chapel Hill Chapel Hill, NC 90 $11,655 $72,200

Plan Your Path

Once you've sized up Budget Analysts, these tools turn the numbers into a plan. Estimate the real cost of a degree that leads here, weigh the long-term payoff, compare specific colleges side-by-side, and find programs that match your profile.

Budget Analysts Pros & Cons

The data on Budget Analysts shows 2 measurable strengths and 2 real trade-offs. All points are drawn from BLS wage data, employment projections, and IPEDS program completions.

PROS
  • Very high median salary The national median of $91,640 places this career well above average for college graduates, with significant upside at the 75th percentile.
  • High earning ceiling Top earners (75th percentile) reach $114,220 annually. Strong performers, specialists, and those in high-cost markets have significant upside beyond the median.
CONS
  • Slow job growth At +1.9% projected growth, this career lags the national average. Limited expansion means stiffer competition for openings that do appear.
  • Multi-year ramp before career-level pay This is a Job Zone 4 occupation, these positions typically require a bachelor's degree and several years of related experience before advancing into senior roles. Most workers in this field spend their first several years at entry-level pay well below the $91,640 median while building the experience employers require.

Budget Analysts Frequently Asked Questions

How much do Budget Analysts professionals earn?
Around $91,640 a year for the typical worker, above the national median for full-time workers. The middle 50% of earners fall between $75,320 and $114,220. Treat the national figure as a starting point rather than a promise: employer size, industry and city all move it.
Is Budget Analysts a good career?
For people genuinely interested in the work, yes. At $91,640 median, though slow job growth means most openings come from workers leaving the field rather than new positions being created. Compare program net price against local salary outcomes (not just the national median) before committing.
How long does it take to work as Budget Analysts?
Expect 4 years of undergraduate education followed by 2 or more years of field experience before most employers consider you qualified for career-level positions. A bachelor's degree is the typical minimum credential. Degree programs like Accounting are typical entry paths. Early-career pay during this ramp-up period will be meaningfully below the $91,640 national median. Factor that gap into any program ROI calculation.
What is the job outlook for Budget Analysts?
Employment is projected to change by +1.9% through 2035, slower than average compared with other occupations. Around 2,900 roles open each year once you count people retiring and moving on, which matters more to someone starting out than the growth rate does. 47K people do this job nationwide today, so it is an established field rather than a niche one. Source: BLS May 2025.
What skills do Budget Analysts professionals need?
Mainly Mathematics, Critical Thinking, Speaking, Complex Problem Solving, and Judgment and Decision Making. Notice how many of those are habits rather than facts: they come from doing the work, not from a lecture. That is why programs with an internship or co-op requirement put you ahead of people who only studied the theory. Source: O*NET.

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