Budget Analysts
Budget Analysts earn an average annual salary of $110,155, making it one of the higher-paying occupations. While facing some shifts, the field is adapting to changes in the job market. Professionals in this field are primarily employed in industries such as Cross-industry and Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S.
Key Statistics
Employment
Employment and salary information for the Budget Analysts workforce.
Employment Over Time
3,700 Workforce in 2023
The Budget Analysts workforce has been growing over time.
Historical employment trends for Budget Analysts.
Yearly Wage Ranking
$110,155 Average Wage
In 2023, Budget Analysts earned an average of $110,155.
Wage ranking compared to other occupations.
Wage Distribution
This chart shows the distribution of average salaries by income buckets for Budget Analysts.
Salary distribution for Budget Analysts.
Employment Growth Projections
-7.2% Compound Annual Growth Rate (CAGR)
10,054 Projected Employment (5 years)
Projected growth: -31.2%
6,914 Projected Employment (10 years)
Projected growth: -52.7%
This occupation is experiencing a decline. Consider related fields with better growth prospects.
Historical employment trends and future projections for Budget Analysts.
Industry
Information on the industries that employ Budget Analysts and on wages for those in the field.
Occupations by Industries
This graphic shows the share of Budget Analysts employed by various industries.
Industry distribution for Budget Analysts.
Wage Trends by Industry
6.9% Average Annual Wage Growth Rate
Historical wage growth trends by industry for Budget Analysts.
Geographic Distribution
Employment and wage information by geographic location for Budget Analysts.
Metropolitan employment on this page is from the California OEWS extract. Area names omit state codes; all listed metros are in California, so the state chart shows California totals (not a multi-state ranking).
Top States by Employment
Top States by Employment:
- CA: 3,490 employees, $110,803 avg wage
Top 10 states by employment for Budget Analysts.
Top Metropolitan Areas
Top Metropolitan Areas:
- Los Angeles-Long Beach-Glendale MD: 720 employees, $110,312 avg wage
- Sacramento-Roseville-Folsom MSA: 500 employees, $101,151 avg wage
- San Jose-Sunnyvale-Santa Clara MSA: 350 employees, $142,046 avg wage
- San Diego-Chula Vista-Carlsbad MSA: 310 employees, $108,607 avg wage
- Riverside-San Bernardino-Ontario MSA: 270 employees, $96,273 avg wage
- Oakland-Fremont-Berkeley MD: 260 employees, $123,692 avg wage
- Anaheim-Santa Ana-Irvine MD: 240 employees, $106,491 avg wage
- San Francisco-San Mateo-Redwood City MD: 240 employees, $127,965 avg wage
- Bakersfield-Delano MSA: 110 employees, $94,225 avg wage
- Fresno MSA: 90 employees, $84,264 avg wage
Top 10 metropolitan statistical areas by employment for Budget Analysts.
Diversity
Demographic information on Budget Analysts in the US.
Gender and Age
The workforce of Budget Analysts in 2023 was 3,700 people, with 62.0% women and 38.0% men.
Gender and age distribution for Budget Analysts.
Races
Racial and ethnic shares when present in the career dataset. If the chart area shows a notice instead, occupational race/ethnicity fields are not yet populated for this extract.
Race and ethnicity distribution for Budget Analysts.
Education & Skills
Data on higher education choices and required skills for Budget Analysts.
Majors
The most common majors achieved by Budget Analysts in 2023 were Business Administration, Business, Social Sciences.
Common majors for Budget Analysts.
Education Levels
The main educational levels achieved by Budget Analysts workers.
Education level distribution for Budget Analysts.
Skills
Budget Analysts need many skills, but most especially Active Listening, Reading Comprehension, Speaking, Critical Thinking, Mathematics.
Required skills for Budget Analysts.
Knowledge & Abilities
Knowledge areas and abilities required for Budget Analysts.
Knowledge Areas
The most important knowledge areas for Budget Analysts include Economics and Accounting, Mathematics, English Language, Administration and Management, Administrative.
Knowledge areas required for Budget Analysts.
Abilities
Key abilities needed for Budget Analysts include Number Facility, Written Comprehension, Oral Comprehension, Mathematical Reasoning, Inductive Reasoning.
Required abilities for Budget Analysts.
Work Activities
Common work activities performed by Budget Analysts.
Daily Activities
Budget Analysts spend their time on activities such as Working with Computers, Getting Information, Analyzing Data or Information, Processing Information, Communicating with Supervisors, Peers, or Subordinates.
Most important work activities for Budget Analysts.
About
Budget Analysts
The average yearly wage for Budget Analysts was $110,155 in 2023.
SOC Code
13-2031 - Budget Analysts
Insights and Analysis
High earnings profile: Budget Analysts reports an average salary of $110,155, placing it among stronger-paying occupations.
Labor market presence: The current workforce is approximately 3,700 workers, indicating sustained demand.
Forward outlook: Projected annual decline is -7.2%, which should inform long-term career planning.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS), Census Bureau American Community Survey (ACS), and O*NET Online.
All wage figures represent annual averages and may vary by location, industry, and experience level.